To be fair, though, Niche Market did look exceptionally well that day, as did Tricky Trickster. Denman did not look as sharp as he did for the Hennessy, so it may be that AP's comment did not allow for the relative wellbeing of each horse. To my eyes, clean jumps would have won Denman the race (although he might have had to work a bit harder than normal) and Nicholls admitted afterwards that he was a month off being fully fit and wound up and is now saying that you write him off at your own risk.