Happygolucky gained compensation for finishing second at the Cheltenham Festival with a smooth victory in the Betway Handicap Chase.

Kim Bailey ’s seven-year-old had to settle for second place behind Vintage Clouds in the Ultima, but he came back strong to take this 31,500 pounds first prize.

He was always travelling well in the hands of David Bass and was in a good position in the early stages, as Kilfilum Cross and Lalor set the pace.

When it came to the business end, Happygolucky (11-4 favourite) proved the strongest from the final fence and held Johnbb by two and three-quarter lengths. Spiritofthegames stayed on for third place, two and a quarter lengths away.

Bailey said: “We were beaten fair and square at Cheltenham by a revitalised horse, but we were staggered we did get beat. That was a great performance today. He’s a novice, but he’s very professional.

“I think we’ll be limited in terms of options for the rest of this season, but we are running out of time, it will be nice if he can come back here this time next year (for the National).

“He jumps so well and seems to stay, (but) I think you could run over shorter on softer ground.

“To start off next year there are the early races at Cheltenham, but if it’s soft we could think of the Paddy Power, maybe the Ladbrokes Trophy.”