Indian File was the subject of a significant gamble in the two-mile rated novice chase at Fairyhouse but had to give way in the closing stages as Balnagon Boy claimed the spoils.

Jody McGarvey cut out the running on the JP McManus-owned Indian File who was sent off 7/2 favourite having traded at 14/1 this morning.

He was tackled by Balnagon Boy, and Mark Enright, two from home and that rival got on top over the last with a better jump.

The Tom Gibney-trained gelding kept on well on the run-in as I'm All You Need finished well into second, eventually scoring by a length-and-three quarters.

The winner, who was also supported from 10/1 in morning into 5/1, had been third behind the impressive Sizing John on his chase debut at Punchestown last month.

"If his jumping was up to standard I was confident that he would run a good race," said Gibney.

"He loves those conditions, and it was exactly the same when he won a maiden hurdle here before.

"He broke down and was off for nearly two years. The lads who own him were also in the Lion Na Bearnai (won Irish National in 2012) syndicate."

(Quotes by Alan Magee)