Champion plunge on Owl Arctic Owl has been all the rage for the Smurfit Champion Hurdle today.The classy Flat stayer has been very well backed since James Fanshawe announced he is to be sent jumping and William Hill have cut his Champion odds from 33-1 to 20-1.Aidan O`Brien`s star Istabraq is 11-10 favourite to land a fourth hurdling crown at Cheltenham next March, with Edward O`Grady`s Ned Kelly an 8-1 chance. William Hill betting: 11-10 Istabraq, 8-1 Ned Kelly, 10-1 Landing Light, 14-1 Bilboa, Jair du Cochet, 20-1 Arctic Owl (33-1), 25-1 Ulundi, Azertyuiop, Geos.