Trained by Utah native Jeff Mullins, Chips All In broke sharply but then dropped back and settled along the rail under jockey Julien Leparoux. He was seventh about eight lengths behind front-runner Reneesgotzip before Leparoux quickly moved him into contention at the top of the stretch.
Chips All In continued willingly and reached third as the 13-horse field neared mid-stretch, but he dropped back in the final 100 yards.
Owned by Salt Lake residents Dan Valdez, John O'Brien, Michelle Turpin, Jean Everest and Julie Crandall, Chips All In finished six lengths behind the winner, Mizdirection. The winning time for the 61/2-furlong race was 1:12.25, or nearly three-tenths of a second slower than Chips All In ran while winning the $100,000 Eddie D. Stakes in September.
For favored Mizdirection, it was the 5-year-old mare's second straight victory in the Breeders Cup Turf Sprint.
In this one, she rallied in the middle of the track for jockey Mike Smith and prevailed by one-half length over Reneesgotzip and long shot Tightend Touchdown, who finished in a dead heat for second. Unbridled Note was fourth.
The win was Mizdirection's 11th in 17 starts. The winner's share of $550,000 boosted her career earnings to $1.7 million.
Originally, 14 horses were scheduled to run the Breeders Cup Turf Sprint. But Caracortado was scratched on Saturday morning because of a slight hoof injury, according to trainer Mike Machowsky.
Caracortado ran fourth behind Chips All In in the Eddie D. Stakes.
"It's not a big thing, but the timing couldn't be worse," Machowsky told reporters.