As a matter of fact such large sums were often lost at hazard that it was no infrequent thing for losers to compromise their debt by paying an annuity to fortunate opponents. The impression that in old days all gambling liabilities were scrupulously discharged on the spot is not based upon any very solid foundation, and winners sometimes had the greatest difficulty in getting their money. Under such circumstances defaulters were occasionally posted.
The expression "posting a man" for not having paid a debt of honour is now more or less figurative, but, as recently as the beginning of the nineteenth century, defaulters were publicly posted.
In September 1824, for instance, all Brighton was surprised to find the following placard posted up at Lucombe's Library and other places of the same sort:—
Brighton, September 8, 1824.
Twice have I applied to the Earl of S. for the settlement of a bet, and twice, having given him the offer of a reference, I was under the necessity of requesting the satisfaction of a gentleman, which he refused. As such, I post the Earl of S. as a man who constantly refuses to pay his debts of honour, and a coward.
W.T.
The above placard is said to have been induced by the refusal of a certain Peer to answer a demand of £2000, for which no satisfactory claim could be produced.
To guard against the possibility of a duel, warrants were issued against the nobleman and Mr. W.T. by the local magistrates. The Earl was easily found, and bound in a recognisance of the peace. Mr. W.T., however, could not be discovered, it being declared that he feared criminal proceedings being taken.
Most of the gamblers of a century ago were men of careless disposition, and Colonel Mellish in particular lived in such a whirl of excitement and gambled in such tremendous sums that a few thousands more or less were at this time very little to him. His life was devoted to frolics of every kind. On one occasion after a ball at Doncaster, Mellish and the Duke of Clarence sallied out for a lark and assisted in the arrest of a man who had been fighting in the street. When the party reached the prison, Mellish locked the Royal Duke in a cell and went off with the key, which he delivered to his brother the Prince of Wales. The Duke on his liberation took the joke very good-humouredly.
It may be added that, like most born gamblers, Colonel Mellish lost his money with the greatest coolness, ever accepting ill-luck with imperturbable equanimity. The hazardous joys of racing were to him an irresistible lure, and no more ardent supporter of the Turf than he ever lived. His career as an owner of racers only extended over about seven years, from 1801 to 1808, when financial difficulties obliged him to abandon the sport to which he was devoted. The greatest financial reverse he suffered was when Mr. Clifton's Fyldener won the St. Leger in 1806. Over a million guineas are said to have changed hands over this race, and Colonel Mellish lost an enormous sum. Nevertheless, as a judge of racing there was no man held to be his equal. If indeed judgment in such matters could preserve any one from ruin, then Mellish should have kept his fortune. Endowed with mental qualities far above those possessed by most sporting men, the owner of Blyth soon attained a remarkable knowledge of the intricacies of the Turf, and the best judges used to declare that they never knew a man who was better able to gauge the powers, the qualities, and capabilities of the racer, as well as the exact weights he could carry, and the precise distances he could run. Unfortunately there was one side of the Turf life of his day which he could not master, that was the rascality of those who took care not to leave to accident the chances which made ultimate success certain.
Colonel Mellish was not only a most excellent judge of a race-horse, but well acquainted with all the intricacies of managing a racing-stable. He was universally admitted to be possessed of an extraordinary capacity for making matches, and as a handicapper was declared to be supreme. A careful investigation, however, of the old Racing Calendars from 1805 to 1807 hardly confirms such an estimate of the Colonel's abilities in this direction. In those three years he won 38 and received forfeit for 15 matches, losing 57 and paying forfeit for 31; that is, he won £11,505 and lost £18,600 in stakes. In addition to this he must, of course, have lost very large sums in bets.