Willie said after his win yesterday that Mystical Power is a Champion Hurdle horse for next season. After Daddy Long Legs facile win yesterday too, he said he'll have a flat campaign, which Willie's usual MO is to keep them over hurdles the following season. Then add in State Man, and the possibility of Lossiemouth also being Champion Hurdle bound. Plus the possibility of a 100% Constitution Hill back next season, who would beat them all.
All things considered when adding in Ballyburn's age, I'd say he won't be wasting a season over hurdles. So barring any jumping issues, I'd say novice chasing is almost certain. The trip is more speculative given they ultimately see him as a Gold Cup type though, but it would be normal for Willie to start a previous season Ballymore/Gallaghers horse out at 2 miles over fences and then work from there.
I'm prepared to back antepost under the assumption that he's an Arkle horse given he won't be beaten over 2 miles and Willie has nothing else for the Arkle that's proven G1 class. But as a precaution I've taken sufficient cover in the Brown Advisory. Willie has Dancing City and Readin Tommy Wrong (who they still think is the better of the two) for staying trips, with Impaire Et Passe a possible to go either way if the Turners is canned in it's current guise. I don't see a genuine G1 alternative horse that Willie has for the Arkle. Zarak The Brave will probably go that way, and so will Ile Atlantique, but they have so much to prove now that he won't rely on them. Plus Zarak and Impaire will be split because of ownership, with Impaire the more likely to be up in trip.
Even if they do see Ballyburn as future Gold Cup horse, I'd say he'll be thinking he has the next couple of season covered anyway with Galopin, and then Fact To File to take over the mantle. That buys at least one season, and possibly two before Ballyburn enters the succession plan.
Cashout is available for both, and so is the exchange to lay off early to free bets or lock in a profit. He'll be odds on every time he runs next season, including at the Festival, and I just see him as an easy antepost money-spinner. For anyone like me that plays antepost, you really have to be getting involved at his current price at some point. 5/1 for the Arkle and 12/1 as cover for the Brown Advisory is unusually generous for a horse that was so far clear of his generation of novice hurdlers. At the moment though the market is factoring in hurdles, but it won't when Willie says something after his Punchestown run, and predicting what will happen ahead of time is half the antepost battle. Those prices will halve or worse this week, and by his first run in November he'll be completely unbackable.
Accepting that Mullins can be hard to predict at times (although not as hard as people think when you follow patterns), if for any reason I'm wrong, I'll just take the hit and move on. The upside though is more than worth it when I believe it's a 90%+ chance of happening. There are 28 Festival races to play in so I can afford to be wrong a few times, but being right a couple of times like this and making the call early at the prices can pay for an entire Festival.