William Crockford was the son of a small fishmonger who lived next door to Temple Bar. After his father's death the young man soon abandoned fish-selling for more exciting pursuits. He became a frequenter of the sporting-houses then abundant in the neighbourhood of St. James's, went racing, and, after setting up a successful hazard bank in Wattier's old Club-house,[4] became connected with a gaming-house in King Street, which, though it frequently got him into trouble with the authorities, put a very large sum of money into his pocket. At King Street, Crockford, together with his partner Gye, is said to have once won the very large sum of £100,000 from five well-known men-about-town, amongst whom were Lords Thanet and Granville and Mr. Ball Hughes.
With the capital amassed in the manner described Crockford founded the celebrated institution in St. James's Street which was sometimes jokingly called "Fishmonger's Hall."
It was opened at the end of the year 1827. There were about 1200 members, exclusive of ambassadors and foreigners of distinction; the annual subscription was £25. The Club-house was luxurious beyond anything which had been known up to that time. The decorations alone, it is said, cost £94,000, and a salary of £1200 a year was paid by Crockford to his cook, M. Eustache Ude.
The Club-house, which still exists in an altered form as the Devonshire Club, was decorated and upholstered in the somewhat gaudy style popular during the reign of George IV., the apartment known as the State Drawing-room being particularly gorgeous and florid in its general effect.
The gaming-room was comparatively small. Here were card-tables at which whist was occasionally played, whilst in the centre stood the hazard-table, the real raison d'être of the whole establishment.
The expenses of running this gambling-club were large, the dice alone costing some two thousand a year! Three new pairs at about a guinea each pair were provided at the commencement of every evening's play, and very often as many more were called for either by players or by Crockford himself in order to change the luck.
By the terms of his agreement Crockford was bound to put £5000 into a bank every night whilst Parliament was sitting; as long as any of this capital remained he was not allowed to end the play until an hour previously appointed.
During his first two seasons Crockford is said to have made about £300,000; he may, indeed, be said to have extracted nearly all the ready money from the pockets of the men of fashion of the day. So much so was this the case, that when Crockford retired in 1840 it was said that he resembled an Indian chief who retires from a hunting country when there is not game enough left for his tribe.
Mr. Crockford's private views as to the likelihood of any player at hazard increasing his fortune were certainly interesting. Being one day asked by a young man of his acquaintance what was the best main to call at the game, he solemnly replied: "I'll tell you what it is, young man. You may call mains at hazard till your hair grows out of your hat and your toes grow out of your boots. My advice to you is not to call any mains at all."