Cheltenham 3.30 Mellow Ben 25/1 - From my preview:
Mellow Ben was, to these eyes, merely weighing up the field last time, presumably ahead of this race so he’s respected but Christmas In April was another of these in that race in which they went very fast. I’m trying to work out if Cobden (Christmas In April) rode that race very astutely or slightly misjudged it but either way he found himself behind a wall of horses two out before being slightly tightened up rounding the bend and then staying on well from the last. I fancy him to confirm the form with Mellow Ben and Lungarno Palace with that run under his belt. However, Speedo Boy stands out a mile if he can translate his good Flat form back over hurdles. With only three runs last season, he now qualifies for a handicap mark which is based on those runs and which probably seriously under-rates him. He’s favourite but he’s a good favourite, I reckon. I’ll probably have a little each-way on Mellow Ben as a value pop at long odds.
So that's all it is, a bet based on the price rather than expecting it to win.