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Cheltenham Festival: ‘I gambled £50,000 on a horse and lost everything’ – BBC News

image captionPatrick Foster had nearly 250,000 of gambling debts before his family sent him to rehab

Patrick Foster hit rock bottom in March 2018. The teacher had racked up huge gambling debts and could not see a way forward.

Looking back on his life, the 33-year-old recalled placing his first bet at university. It was just a bit of fun with his friends.

But his taste for gambling became an addiction when his career as a cricketer ended abruptly and he started working in the City.

Things only got worse when he left to be a teacher, borrowing money from his students’ parents and lying to his colleagues.

He decided he could win it all back with one final bet and staked 50,000 on a single …

Read the full article at: https://www.bbc.com/news/uk-england-northamptonshire-56251835

Category: GamblingBy Insolvency GuardianMarch 17, 2021

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Cheltenham Festival: ‘I gambled £50,000 on a horse and lost everything’ – BBC News

Patrick Foster

image copyrightPatrick Foster

image captionPatrick Foster had nearly 250,000 of gambling debts before his family sent him to rehab

Patrick Foster hit rock bottom in March 2018. The teacher had racked up huge gambling debts and could not see a way forward.

Looking back on his life, the 33-year-old recalled placing his first bet at university. It was just a bit of fun with his friends.

But his taste for gambling became an addiction when his career as a cricketer ended abruptly and he started working in the City.

Things only got worse when he left to be a teacher, borrowing money from his students’ parents and lying to his colleagues.

He decided he could win it all back with one final bet and staked 50,000 on a single …

Read the full article at: https://www.bbc.co.uk/news/uk-england-northamptonshire-56251835

Category: GamblingBy Insolvency GuardianMarch 17, 2021

Post navigation

PreviousPrevious post:Activision Blizzard Esports Restructuring, 50 Employees Face Layoffs – The Esports ObserverNextNext post:Bankruptcy can be a means to an end or to a better future – UPSTATE BUSINESS JOURNAL – Upstate Business Journal

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Court wipes punter's $150,000 debt – Racenet
July 15, 2024
Woman sells her two daughters to people traffickers to cover gambling debts – Yahoo News Australia
July 13, 2024
Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail
July 10, 2024
Ex-NBA player Jontay Porter admits to gambling scheme that earned shady bettors $1M – New York Post
July 10, 2024
Ex-Raptors player Jontay Porter pleads guilty in case tied to gambling scandal – CBC Sports
July 10, 2024
Intermediate-aged boy's $16k online gambling debt – Otago Daily Times
July 8, 2024
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