Owner Graham Wylie insists Tidal Bay will not run in the Betfred Cheltenham Gold Cup in March "if the ground is good or faster".
The Paul Nicholls-trained 12-year-old looked as good as ever in the Lexus Chase at Leopardstown over Christmas when he secured a pulsating last-gasp victory under Ruby Walsh.
Although the Gold Cup would seem the logical target, Tidal Bay could yet revert to smaller obstacles for the Ladbrokes World Hurdle.
"He has always been a good horse and I think things have worked out well for him this season because the ground has been so soft," said Wylie.
"When the ground is faster, he doesn't get himself organised with his jumping.
"I know there is much debate about where he should run, and I am enjoying reading all the different views, but the fact is we just don't know. It is going to be very ground dependant.
"If the ground is good or faster then he won't run in the Gold Cup as we've tried it before and they go too fast for him, but if it was very soft we'd probably give it a go."
Tidal Bay is also under consideration for the John Smith's Grand National at Aintree, but the ground will also play a major part in the final decision.
"It will be the same thing with the National - if the ground is very fast he won't run and if it came up soft then he could do," said Wylie.
"I think it's safe to say he'll have entries in all three races - the World Hurdle, the Gold Cup and the National - and we'll just see how he is and what is happening with the weather closer to the time."
22 October 2014Deputy outgunned at Fontwell
Wetherby-bound Taquin to duck Power
Whisky chasing Power spoils
High hopes for Adelaide run
Burke maps out Odeliz targets
Present sights set on Power prize
Gilgamboa waits on ground
New category for all-weather champs
Moviesta has sales date
National aim for O'Neill star
Cheltenham on Ginge agenda
Lewis eyeing Dubai success
Henderson handed Ascot role
Dandino misses Cup date
Panther given Breeders' go-ahead
Plain sailing for perfect Storm
Big Easy sets sail for Open fixture
Hall monitored for Giant Bolster
Stomachion in November frame
Hughes revels in 'sweet' success
BHA moves to address small fields
Connell turns to Heskin
Integral to race on next year
21 October 2014Storm breezes to Exeter victory
Moore concedes title to Hughes
Meade maps out gameplan for stars
Pele poised to tackle Hennessy
O'Neill sure of Taquin redemption
Heron seeking Great prize
Court to go on Trial
Saviour blow for Skelton
Dan makes chase debut
Moore waits on Grugy decision
O'Neill outlines That choices
Conn possible for Auction bid
Power team weigh up options
Bangor cancel schooling card
No rushing back for Long Run
Dynaste leads Old Roan contenders
Grands Crus retired
Exciting Berlais heads to Chepstow
Force handed Hong Kong mission
Park favourite for Trophy hunt
Al Kazeem team eye Hong Kong trip
Commemorative bound for Breeders'
Slade eyeing victorious swansong
20 October 2014Chelmsford City handed 58 fixtures
Alderwood to take two-mile test
Dynaste leads Old Roan contenders
Hennessy aim for Clouds
Fiesolana on Breeders' trail
High-class possibilities for Trophy
Chelmsford City handed 57 fixtures
French option for Maarek
Billy back for chasing bow
Judge to bid for Breeders' glory
Pipe mulls Moon target
High hopes for Holywell
Judge in Breeders' frame
Hill stars for Stoute and Moore
Gabriel lifts Garnet for Deegan
New One back with a win
Light career hangs in balance
Stars shines on hurdling debut
King big guns ready to start
Tullius camp consider options
Doyle unlikely to appeal Ascot ban
Mullins prepares formidable team
19 October 2014New One breezes to victory
Lavelle has Becher plan for Lodge
Riches heading on road north
Down Royal plan for Tiger
New makes Kempton return
Panther hunting Canadian prize
Sun takes a shine to Cork
Hobbs upholds Showcase record
Another gold strike for Bronze
Gallant Noble a true Champion
Head turns on Charm in QEII
Madame is Ascot leading lady