On the Eules of Betting. 41 



market Heath, when he has owed you money for 

 many years, and you know he is a general defaulter, 

 and that there is not a greater rogue in England ? 

 That is the very reason, my friend replied, " I hope 

 he will never be warned off; as long as he is here, 

 he cannot be seen in the ring, but he bets by 

 commission ; he is sharp and clever, intimate with 

 all the touts, smells a robbery like a detective, 

 and some day if he escape justice, he will walk 

 into a sum of money, and then I shall be paid. 

 Turn him off the course, and my chance is lost for 

 ever," such is Turf morality self-interest pre- 

 dominates. 



There are three classes of wolves, who prey on 

 the unwary. The welchers, who live by robbery, 

 generally inform their victims that they are 

 members of Tattersall's. 2ndly. The Eegistered 

 defaulters, who bet outside the ring, some of whom 

 have been warned off. Srdly. The tolerated de- 

 faulters, a large class against whom their creditors 

 will not enforce this law, either from a friendly 

 feelirjg, or in the hope that eventually the tide will 

 turn, and by patience they may obtain a percen- 

 tage of their debts. All bets with the first and 

 second class may be declared off, unless the person 

 who wagers with them was aware of their state 

 and condition, then by so doing he puts himself 



