Welsher
Pronunciation : Welsh"er
Part of Speech : n.
Definition : Defn: One who cheats at a horse race; one who bets, without a chance of being able to pay; one who receives money to back certain horses and absconds with it. [Written also welcher.] [Slang, Eng.]
Source : Webster's Unabridged Dictionary, 1913
Merriam-Webster's Everyday Language Reference Set: Includes: The Merriam-Webster Dictionary, The Merriam-Webster Thesaurus, and The Merriam-Webster Vocabulary Builder