Bog Warrior (8/11f) made all to land the Grade Two John Mulhern Galmoy Hurdle at the expense of last year's winner Zaidpour (11/10).
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Sent to the front from the off by Davy Russell, Tony Martin's horse set a sensible gallop in testing conditions and was allowed to bowl along three lengths clear of Dante Anna, who had Zaidpour on her inside for much of the trip.
Russell increased the tempo approaching two from home and travelled noticeably better than Zaidpour at this stage, with Ruby Walsh asking his mount to close the gap.
A slick jump there saw Bog Warrior go four clear and although he ran down the last, Zaidpour was never able to get upsides and the favourite was full value for the win, his first over three miles.
Zaidpour finished a tired second, beaten just over three lengths, while Chicago Grey - better known for his performances over fences - ran a sound race for third.
Russell told At The Races: "He did what we thought he'd do. He was a bit in-and-out with his jumping over fences but he's a much easier horse to ride now.
"He retains all his ability and he's just a high-class horse really. He has such a huge stride it is pointless trying to control that and it's very hard to know how fast you are going when you are in front, and when he meets a hurdle right he jumps very well.
"Obviously the World Hurdle is an option, the others are the Ryanair and the Gold Cup. He does jump very well but at that sort of level his jumping might suffer in the hustle and bustle.
"With Big Buck's out everyone is tempted by the World Hurdle and there's no doubt he's good enough. Cheltenham good ground is very safe and that is probably the place to try it."
Martin added: "He's a very good horse. It was his first time at three miles but I was confident enough he would get it. He gets any trip and has a bit of class.
"I wanted to get today out of the way and things are in the balance as regards Cheltenham. The lads (Gigginstown) have so many horses so we'll see how things pan out.
"He jumped his hurdles a bit big the last day but came down today and he's there as a hurdler or a chaser when we want him.
"I shouldn't have run him after he fell at Naas last year and he wasn't fully ready when he fell up the north (Down Royal) but it's easy to be wise after the event.
"The World Hurdle could maybe be a bit too good for him but the ground is also all important and I wouldn't like to see him run on ground too fast."