The toff suffered when prevented from winning (7)

I believe the answer is:
nobbled
'prevented from winning' is the definition.
I can't tell whether this definition defines the answer.
'the toff suffered' is the wordplay.
'the toff' becomes 'nob' (UK slang for a wealthy or upper-class person).
'suffered' becomes 'bled' (I can't explain this - if you can you should give a lot more credence to this answer).
'nob'+'bled'='NOBBLED'
'when' is the link.
Can you help me to learn more?
(Other definitions for nobbled that I've seen before include "Swindled" , "Got at" .)
