The most telling detail is the gap since the last win. Bread And Butter last won at Huntingdon on 8 December 2024—nearly two years ago now—and has not found the winner's circle in the last six races. That is a long drought for a horse that has tasted victory before, and it raises the question of whether age, changing conditions, or simple bad luck is taking its toll. Recent form has been patchy: a fourth-place finish, then a sixth, then a fifth, then an eighth, then another fourth. The pattern suggests the horse is still competitive enough to place now and then, but winning form feels like ancient history.
There is one ray of light, though, and it comes with jockey Lewis Saunders. When the two have teamed up, things have gone noticeably better: three wins from ten races together, a 30% win rate that is far above Bread And Butter's usual win rate. That is the kind of partnership that suggests the horse and rider bring out the best in each other. On normal ground conditions, Bread And Butter has also shown promise: 2 wins from 17 races at that going. It is not a dominant record, but it is better than the horse's overall numbers, and it hints at conditions where the horse performs most comfortably. At Class 4 level, where most of those wins came, Bread And Butter was winning 1 race from every 5 entered. These are the small details that keep a horse's the yard believing there is still something left to give.
| Course | Races | Results | Last run | Win rate |
|---|---|---|---|---|
| Huntingdon Galloping |
6 | 1 win, 1 third, 4 other | 22 Jan | 16.7% |
| Punchestown Galloping |
6 | 3 seconds, 1 third, 2 other | 26 Apr | 0% |
| Fontwell Park Tight |
5 | 5 other | 6 May | 0% |
| Cork Galloping |
3 | 2 thirds, 1 other | 7 Jan | 0% |
| Taunton Undulating |
3 | 2 thirds, 1 other | 30 Dec | 0% |
| Market Rasen Sharp |
2 | 1 win, 1 other | 18 Feb | 50% |
| Navan Galloping |
2 | 2 thirds | 22 Jan | 0% |
| Worcester Galloping |
2 | 2 other | 22 Oct | 0% |
| Plumpton Sharp |
2 | 2 other | 20 Sep | 0% |
| hereford | 1 | 1 win | 4 Nov | 100% |
| Wetherby Galloping |
1 | 1 other | 18 Oct | 0% |
| Southwell Galloping |
1 | 1 other | 3 Feb | 0% |
| Gowran Park Undulating |
1 | 1 other | 2 Oct | 0% |
| Galway Tight |
1 | 1 other | 23 Oct | 0% |
| Naas Galloping |
1 | 1 other | 12 Nov | 0% |
| Cartmel Tight |
1 | 1 other | 22 Jul | 0% |
| Perth Galloping |
1 | 1 other | 19 Aug | 0% |
| Uttoxeter Sharp |
1 | 1 other | 16 Sep | 0% |
| Wincanton Galloping |
1 | 1 other | 1 Apr | 0% |
| Killarney Sharp |
1 | 1 other | 15 May | 0% |
| Haydock Park Galloping |
1 | 1 other | 23 Dec | 0% |
| Newbury Galloping |
1 | 1 other | 9 Nov | 0% |
| Listowel Sharp |
1 | 1 other | 24 Sep | 0% |