BRITISH TURF. 627 



manner we have described, until the happy period 

 may arrive when, thinking him safe, cash is no 

 longer required of him beforehand. 



When our aspirant considers himself sufficiently 

 established in the ring, he begins to " put the pot 

 on;'' which means make large bets; and this he 

 may do with success ; or, as too frequently hap- 

 pens, having made bets to the full extent of his 

 credit, and infinitely beyond his means of payment, 

 the event turning out against him obliges him to 

 levant ; that being the term for one who does not 

 "show" on "settling day." 



It not unfrequently occurs, that parties whose 

 books show a profit on the settUng day, have 

 found themselves, to their great mortification, 

 losers instead of gainers, owing to the defalcations 

 of those with whom they have betted. 



