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."
24 July 2014Kennedy floored on Leopardstown bow
Kennedy floored on Leopardstown bow
Candy sweet on hot-shot Alonsoa
BHA confirms seventh morphine case
Big guns in Irish Champion frame
Duo added to Irish Leger
Carroll 'surprise' at morphine link
Farraaj sidesteps York return
Classy entries for Champagne
Stars align for Sussex showdown
Kiyoshi dips in grade for Valiant
Gosden waits on Eagle call
Horsted heads International runners
Two more trainers in morphine case
Top field seek George glory
Midgley delivers Silva service
Trainer caught up in morphine case
Lyons takes aim at Tyros double
Sunset shines for Her Majesty
Raydara facing Flash test
Prize boost for Newmarket heats
Field pitch perfect for Ascot raid
Gosden team among Leger entries
Goodwood target for Tropics
23 July 2014Feed company launches investigation
Toast team offer American excuse
Galway on Panama agenda
Panther sidesteps George date
Toast team offer American excuse
Hughes' duo primed for Plate
Cooper hearing concludes
Edison set for Galway glory bid
Ferguson plotting Galway raid
Queen's Estimate tests positive
Moonlight shines at Musselburgh
Taghrooda could go off favourite
Signal pointed at Phoenix
Course specialist in Ascot return
Bary plots Arc route for Spiritjim
Charlton weighs up Kazeem options
Varian seeking York glory
High hopes for Odeliz
22 July 2014Strangeway targets Galway riches
Grade One status for Mares' event
Halford retains Certerach faith
HRI unveil 2015 plans
Buick on Ascot weather watch
Minella to take Plate test
Scudamore banned for course blunder
Toscanini team mull options
Faydhan team in no rush
Fast Kaar given Dewhurst target
Pique Sous confirmed for Galway
Hannon team cool on Nunthorpe bid
Channon excited by Amralah progress
Haggas expects Hanagan to ride Tag
21 July 2014Ebor the Clever choice for Cookie
Deauville mission for Fiesolana
Chicquita in Yorkshire Oaks frame
Magical Moore shines again
Kool result for Hannon
Guest considers Memory options
Euro stays with Botti
Ascot on Moohaarib agenda
Injury blow for Boistron team
Encke set for Glorious return
No hurry for Tiggy target
No rush for East aim