To me a truly underrated horse that fell into the sandwich category (Derby/Belmont) was Bold Forbes. He broke two stakes records (Bay Shore and Wood Memorial) on the way to the Derby, and at the time he won in Louisville, he had the fastest wire to wire and 5th fastest time overall. Even though he lost the Preakness, his race was remarkable. He literally tore off his right hind leaving the gate and pan-fried Honest Pleasure in 1:09 flat for six furlongs (also a track record at the time). Even with that , he was beaten only four lengths and then came back to win the Belmont in one of the great training and riding feats in racing history. I always thought that if he was owned by racing blueblood (see old, crusty, establishment money)he would have been looked at more favorably.
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