[BayesianDice]

To clarify this - as far as I've seen, so far, 3 of the 45 Oxford colleges/PPHs (Worcester, Wadham, and St Edmund Hall) are accepting all offer-holders regardless of results.

(Oxford, along with Cambridge but unlike many universities, has the results of interviews and, for many subjects, admissions tests to assess to whom to offer a place. They make offers expecting that the vast majority of them will be met, rather than over-offering and expecting A-level results to prune the numbers significantly. In previous incarnations of the admissions system, candidates who passed the entrance exam and interview routinely got an offer of two Es, i.e. a formality. So, providing places to all offer-holders would not seem an unreasonable course of action in the circumstances.)

[andmikey]

> They make offers expecting that the vast majority of them will be met, rather than over-offering and expecting A-level results to prune the numbers significantly.

Notable exception to this would be Cambridge maths, who over-offer significantly for Mathematics (last year: 541 offers, 253 acceptances). Quite a lot of people miss their STEP offer so colleges can choose on results day who to take based on STEP, UMS, interview, etc. Though STEP unlike A-Levels was sat this year, so they're still able to do that selection.