William Hazlitt, The Collected Works of William Hazlitt…
“ In addition to matches, plates, and other modes of adventure, that of a sweepstakes had come into vogue: and the opportunity it gave to deep calculators to secure themselves from loss by hedging their bets, greatly multiplied the bettors, and gave uncommon animation to the sweepstakes mode. In one of these, Captain Vernon had entered a colt or filly; and as the prize to be obtained was great, the whole stable was on the alert. It was prophesied that the race would be a severe one; for, though the horses had none of them run before, they were all of the highest breed ”
