Bait
Bail
Boil
Toil
Tool
Took
Hook

Change hook to worm

Hook
Hock
Pock
Pork
Pore
Wore
Worm

Change lamb to ewes.

Lamb
Lamp
Damp
Dams
Dims
Aims
Aids
Adds
Odds
Odes
Owes
Ewes

Change ewes to goat

Ewes
Owes
Odes
Odds
Adds
Aids
Aims
Dims
Dins
Dint
Dent
Bent
Belt
Boat
Goat

Change "Dice" to "Odds"

Dice
Rice
Ride
Rids
Aids
Adds
Odds

Change odds to slot

Odds
Adds
Aids
Rids
Bids
Bios
Boos
Boot
Blot
Slot

Change "Ores" to "Mine"

Ores
Odes
Odds
Adds
Aids
Aide
Tide
Tine
Mine

Change mine to your

Mine
Fine
Fire
Fore
Pore
Port
Pout
Pour
Your

Change "snug" to "guns".

Snug
Snub
Snob
Snot
Soot
Sort
Fort
Font
Fond
Fund
Funk
Gunk
Guns

That was a great one!

Change guns to shot

Guns
Suns
Sons
Tons
Tone
Lone
Lore
Lose
Lost
Loot
Soot
Shot

Change "Down" to "High"

Down
Dawn
Pawn
Paws
Saws
Sags
Sigs (an abbreviation, but it'll have to do)
Sigh
High

Change "drop" to "city".

Drop
Crop
Coop
Coos
Cots
Cote
Cite
City

Change city to shop

City
Cite
Cote
Cots
Coos
Coot
Soot
Shot
Shop

Change "Skid" to "Mark"

Skid
Skip
Ship
Chip
Chop
Coop
Cook
Cork
Pork
Park
Mark

Change mark to over

Mark
Bark
Bank
Sank
Sand
Send
Seed
Sped
Aped
Aced
Acer (type of tree similar to a maple - come up a few times now )
Aver
Over

Change "play" to "yelp".