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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 Advisory AccountantsMarch 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 Advisory AccountantsMarch 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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Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
July 17, 2024
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
Court wipes punter's $150,000 debt – Racenet
July 17, 2024
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
July 17, 2024
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
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