A lightly raced, once-pricey juvenile trained by Bob Baffert won the GIII Palos Verdes S., but it wasn't chalk, the $3.65-million Fasig-Tipton 2-year-old Cezanne (Curlin). Instead it was the year-younger, $300,000 OBS April 2-year-old Essential Wager (Honor Code), who was making his stakes debut after riding a two-race win streak. Essential Wager left the gate smartly and came up on the inside to emerge from the early fray with the lead, marking the first quarter in :22.21 with Team Merchants (Nyquist) pressing from the outside. The two held position with...