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milo222
19 Feb 16 17:28
Joined:
Date Joined: 13 Mar 04
| Topic/replies: 423 | Blogger: milo222's blog
And here's me worrying about a tenner win!
Pause Switch to Standard View Did Terry Ramsden really have £500k...
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Report Biscar Two from a mile back February 19, 2016 5:34 PM GMT
Young Snugfit ?
Report 1830 February 19, 2016 5:35 PM GMT
Think it was MR SNUGIT he backed and I think he owned it Blue and White hoops with White sleeves.
Think it finished fourth.
He lost Millions and Millions so the Bookies knew they would get it back anyway.
Probably on the next race if it had won.
Report Biscar Two from a mile back February 19, 2016 5:35 PM GMT
Mr Snugfit ?
Report 1830 February 19, 2016 5:35 PM GMT
MR SNUGFIT
Report cardifffc February 19, 2016 5:45 PM GMT
ended up in jail
Report grey shark February 19, 2016 5:47 PM GMT
not Pans People, the next lot,

Legs and co
Report brassneck February 19, 2016 5:48 PM GMT
when Ramsden had a bet the jockeys were told before the race which horse he had backed,and many a race would go off late if terry had no bet.Laugh
Report Wesdag February 19, 2016 5:48 PM GMT
I believe he once had a £1m bet on Katies which won at 7/1.
Report themightymac February 19, 2016 5:51 PM GMT
He used to do 3 x £25,000 doubles and a £25,000 treble daily just for an interest Shocked

He was a character. Wonder where he is now. Hope he is well.
Report stewarts rise February 19, 2016 5:51 PM GMT
regvarney
19 Feb 16 17:43
Joined: 03 Feb 04
| Topic/replies: 3,088 | Blogger: regvarney's blog
yeh, thinking about it now, the way he bet, it is believable...
how about this though, he married a girl who had been a dancer on TOTP , not Pans People, the next lot, who I had previously been "friendly with"

Wasn't Olive was it?Grin
Report onlooker February 19, 2016 5:55 PM GMT
MR SNUGFIT - trained by Mick Easterby ...

Led at the Elbow, on the Run-In - then past by Last Suspect -
- who only ran because Last Suspects' owner's (Anne, Duchess of Westminster's - also the owner of Arkle) other, more fancied horse, got injured and could not run.

She, and her trainer, the ever pessimistic Tim Forster, did not want to run Last Suspect, as they thought it had little chance of staying, let alone win - but the jockey persuaded them to run, as he did not have a mount.

Mr Snugfit was the last bet that I ever had on the Grand National - never again, for me, after that heartbreak.
- and like Ramsden, I had been backing it at all odds downwards since January - not for £ hundreds of thousands, of course ... but enough for it to hurt - and my consequent vow.

As you can see - Ramsden, and myself, were very unlucky that day.
Report brassneck February 19, 2016 5:55 PM GMT
there is a story about him on youtube and he tells all.
Report 1st time poster February 19, 2016 6:00 PM GMT
got a static caravan in howardian hills yorkshire theres a village called stearsby nearby that was one of his wasnt it,its spittin mick territory up there coulton is another village, decent 2 mile chaser
Report aberdonia February 19, 2016 6:07 PM GMT
Stearsby was a fine staying chaser for Pitman that won me a tidy some one day as part of a double.

Ramsden won a fortune when Katies won.

as has been said, his life has been a rollercoaster.

Bet he would change little.
Report carrot1960 February 19, 2016 6:37 PM GMT
Bet was £50,000 ew
Report 1st time poster February 19, 2016 6:40 PM GMT
proper national fences,proper bookies someone had to take a bet like that on
Report knot in wood February 19, 2016 6:44 PM GMT
paddy p would only lay me a £5 ew maximum on a horse for this years race.
Report aberdonia February 19, 2016 6:44 PM GMT
rumour has it that he had 50 grand on Katies at 20s when the horse won the 1984 Irish 1000 Guineas

the 80s were the time to be alive.

great days when ordinary folk started to earn some proper money.
Report aberdonia February 19, 2016 6:46 PM GMT
Terry's horse beating Pebbles at Ascot.

https://youtu.be/-TuGmwRQfzQ
Report 1st time poster February 19, 2016 6:46 PM GMT
and  in 2010 normal people payed it all back through bank bailouts
Report aberdonia February 19, 2016 6:54 PM GMT
this is going to sound harsh, but it is the unemployed, the disabled and the EU national who are having their pockets picked by the tories.

The tories always make sure that enough folk are doing very well in life to not care about the have nots.

as long as most of us get the same chance when we are born, then i am all for us living and dying by our own decisions.

I get more right wing the older i get. Excited
Report factmachine February 19, 2016 6:58 PM GMT
SUMS UP THE CURRENT STATE OF THE HORSE RACING GAME WHEN FOR A FACT YOU COULD GET TEN TIMES MORE ON A BET 30 YEARS PLUS AGO THAN YOU CAN NOW,AND THAT INCLUDES THIS SITESad
Report misselephantstone February 19, 2016 7:23 PM GMT
when Katies won at royal ascot mr Ramsden jumoped around his private box and shouted at the top of his voice"**** the arabs"
allegedly(i knew a person there that day with him) his days were numbered after that...
Report unitedbiscuits February 19, 2016 7:48 PM GMT
Yes, as said, it was £50k ew, Mr Snugfit, I think.
But he was betting five-figures every ten-minutes. Huge profit for Ladbrokes.
Terry Ramsden's stable jockey was Ray Cochrane.
Report screaming from beneaththewaves February 19, 2016 7:50 PM GMT
The F*** the Arabs story appeared in the Sporting Life column of Private Eye at the time, so it must be true.

As Carrot1960 says, the bet was reported as £50,000 ew Mr Snugfit at the time.

The luckiest bookmaker alive must have been Andy Geraghty, who not only had Ramsden as a punter, but actually got paid too.

Ladbrokes weren't so lucky. He knocked them for fortunes, then went bleating to the press when they wouldn't pay him the return on a cash yankee he'd had in one of their shops.
Report ronnie rails February 19, 2016 7:50 PM GMT
I remember reading somewhere Tel said he could handle the 57mill he owed the books, but what he couldn't handle was the banks withdrawing his half a bill credit overnight.

p.s. what happened to his minder Wayne, what a bundle of muscle he was.
Report ronnie rails February 19, 2016 8:00 PM GMT
screaming was it Michael rather than Andy

A little story to tell about Michael that I have put on another thread, he was in the office taking a telephone bet from a massive punter (a stockbroker with long hair who came from Enfield and who liked a good bet)this punter was doing his brains in on the afternoon and evening racing, the last race finished at Ripon at 9pm and the firm had had a good day and were doing the accounts ready to go home when the phone rang and this punter wanted another bet he was told the racing had finished and he said no there's the 9.20 at Wimbledon dogs and he asked for a bet the size of the national debt, all the staff sat in silence as the bet was laid and the dog got beat, as the lady sang those were the days my friends,
Report Airman February 19, 2016 8:09 PM GMT
A true peoples man who looked after the old dears @ Christmas time, yes he made mistakes but don't/haven't we all.
Report ronnie rails February 19, 2016 8:15 PM GMT
Airman

when he was at Walsall he bought all the pensioners who went to watch the club a turkey for Christmas
Report onlooker February 19, 2016 8:18 PM GMT
Didn't Geraghty go to live in Spain, not long afterwards.
Report Steamship February 19, 2016 8:23 PM GMT
Onlooker it was 86 when Ramsden owned Mr Snugfit when it finished 4th. I was also on it in 85 and had told everyone at school to back it
Report skygreenzone February 19, 2016 8:51 PM GMT
Total addict mug look at me person  hope he took care of his family don't know the whole story but feck me what a clown.
Report noidea February 19, 2016 8:53 PM GMT
"Ladbrokes weren't so lucky. He knocked them for fortunes, then went bleating to the press when they wouldn't pay him the return on a cash yankee he'd had in one of their shops."
Paul, When I worked for the rancid firm I was given the task of telling him he wasn't getting paid, not only was he not getting paid, he couldn't have a bet against his winnings. Fortunately for me he didn't turn up to collect. He was punting in cash because his credit had been stopped, but they would still lay him crazy bets. He was punting over a monkey in forecasts and tricasts on each dog race while he was sorting out his horse bets for the afternoon.
Report screaming from beneaththewaves February 19, 2016 9:33 PM GMT
Laugh

Sorry, ronnie rails, you're right. It was Michael Geraghty of course. A long time ago now - another world.

Remember Wayne the Australian art dealer who used to pop up occasionally at that time, using all sorts of front men to lay bets for him? There was one afternoon at Plumpton when Terry Barfoot laid a £50,000 to £40,000 on his behalf about the fav in an amateur riders chase. What days!
Report seaside dreamer February 19, 2016 9:45 PM GMT
Anybody remember a horse he owned called Bacharga I think,used to fall out the stalls if at all but won on c4 races I think!!
Report doantwin2easy February 19, 2016 9:58 PM GMT
legendary gambler. disappointing he moved into fish and chips but you've got earn a crust.
Report ladycarla February 19, 2016 10:36 PM GMT
All I can say is whether you hate the man or like the man, one thing for sure is 30 years on and a thread about him gets more replies than most on here each day so the man's a legend! He's racing's marmite!

In 10 years time If this forum is still here there will be a Harry Findley thread, seems they only breed them every 30 yearsLaugh
Report noidea February 19, 2016 10:39 PM GMT
Harry and Terry, chalk and cheese.
Report ladycarla February 19, 2016 10:41 PM GMT
But both legends, owning a gold cup winner is fairytale stuff! Hats off
Report halcyon days February 19, 2016 10:44 PM GMT
T R once had a £10K treble on three of Alan Baileys that would of netted £8.5 million !

Last leg touched off in the shadow of the post... he was so far behind with ''The Magic Sign'' he had a no limit account !
Report halcyon days February 19, 2016 10:48 PM GMT
Laddie's won million's off him !
Report doantwin2easy February 19, 2016 10:53 PM GMT
and every time a high roller's fkd off ever since they've issued a profit warning
Report halcyon days February 19, 2016 10:54 PM GMT
Aye !
Report halcyon days February 19, 2016 10:55 PM GMT
Nice being a ''high roller'' with your investors' money !
Report ladycarla February 19, 2016 10:56 PM GMT
When I worked for them, their profits were decided by TR, one year he won 27 mill next year he lost 45 millCry Only punter to come close to closing a major high street bookie, if he had a lucky next year he would of done it! Bald fred would of got it for peanuts!! He must of been whipping every TR horse lol
Report halcyon days February 19, 2016 10:59 PM GMT
Can't take it away from him, he certainly lived the dream !
Report halcyon days February 19, 2016 11:00 PM GMT
There's a famous photo of him on the race course mids 80's with one of those house brick phones !
Report halcyon days February 19, 2016 11:01 PM GMT
Think him & Barry Hearn were the first to have them !
Report halcyon days February 19, 2016 11:01 PM GMT
Think him & Barry Hearn were the first to have them !
Report aberdonia February 19, 2016 11:05 PM GMT
Report aberdonia February 19, 2016 11:06 PM GMT
f ck me , wrong photo.. LaughLaugh
Report hilaryjane February 19, 2016 11:07 PM GMT
i met him once in a bookies terry that is i asked him for his autograph only one i have ever asked that  he was a proper gentleman to me a legend always in my book the eightes were great times imo proper gamblers and bookies
Report aberdonia February 19, 2016 11:10 PM GMT
the 80s were just the best times ever.

bookies were full most afternoons as every left the "office" and spent an hour or so in there.

And if you wanted 2 grand on at 4s, yes they phoned it through, but more often than not it was taken at the requested odds.
Report PJay February 20, 2016 12:24 AM GMT
What about that other guy who started from broke and won millions from gambling? He didn't piss it away, he invested it wisely and created billions. He became a Gold Cup and Grand National winner and became National Hunt's biggest owner. He paid the most successful jockey in history to ride for him. He built the biggest house in Ireland and built a £100m home in Barbados. He held a large share in Man Utd. Turn on racing tomorrow and you'll see his colours. You will most days. By all accounts he still wins millions through gambling. A filing to a US court last year gave us a rare insight - it revealed he had gambling winnings of $17.4m in America in 2012. He used to have the title 'gambler' beside his name in the rich list.

He didn't do badly either.
Report Roger The Butler February 20, 2016 12:27 AM GMT
Unlike today's jokers.

Tonight I wanted £2k on on tomorrow's racing. Called Bet365 - waited whilst they referred to traders - you can have £500. Do you want me to put that on for you sir? No thanks, I'll go elsewhere - would rather put it all on at worse odds with someone who will actually take a bet. So went to Ladbrokes - is it best odds guaranteed on the phone? No sir, only online. So I hang up and try to place it online to find out they won't take £2k, just £1,818.

Waste of space the majority of them.
Report ladycarla February 20, 2016 12:46 AM GMT
Pjay- yes another legend who is probably the greatest legend in the last 40 years, be plenty of threads brought up of him long after I leave this planet. First time I saw him was about 15 years ago at cheltenham festival, said hi to him and got to say was the most humble man I've ever met who was a hero of mine, had time for a numpty like me and chatted for 5 mins when he could of just walked off! Legend to the max.
Report PJay February 20, 2016 12:56 AM GMT
A proper legend ladycarla. Apparently he won millions from Ramsden too. Different level altogether.
Report hardestgame February 20, 2016 1:12 AM GMT
his daughter doing all right now she got rid of spencer
Report Cork Langer February 20, 2016 1:14 AM GMT
There's always one...!
Report regal roll February 20, 2016 1:18 AM GMT
Recall a story a old guv'nor of mine telling me of while staying at the lygon arms Broadway Jpm walks in with istabraqs champion hurdle trophy and he asks him over all JP how did your day go to which he humbly replied ' I think I've won about a million'
Report stewarty b February 20, 2016 4:46 AM GMT
Ramsden would still be going if he kept to what he did best....reading the markets. Sadly he got into horseracing and blew the lot.

He had a nice wife until he went bankrupt wherein his wife left him for his best mate.(apparently)

Moral of the story??? Stick to do what you know best..
Report screaming from beneaththewaves February 20, 2016 9:21 AM GMT
Ramsden would still be going if he kept to what he did best....reading the markets.

Possibly ...Plain

__________________________________________________________________________________
Ramsden made his fortune transforming investment firm Glen International. At his peak the bond trader, who left school at 16, reportedly owned two helicopters, a Gulfstream jet, 27 cars, a dozen houses, 120 racehorses, a 30 per cent share of Chelsea Football Club and the whole of Walsall FC.
But when the Japanese market collapsed in 1987, so did Glen International and Ramsden's fortune. Ladbrokes alone was owed £58m.
The fall was swift and spectacular - Glen International is said to have sustained losses of £147m in a catastrophic 41-day period.
Having failed to save Glen International, Ramsden fled to the US. He later spent six months in prison in Los Angeles fighting extradition after being arrested at the request of the Serious Fraud Office.
Declared bankrupt in 1992 with debts of £100m he was given a two-year suspended sentence for fraud. He was jailed in 1998 for concealing money from creditors which he used to buy a house for his estranged wife and son.

http://www.telegraph.co.uk/finance/markets/2821651/Ramsden-faces-yet-another-legal-hurdle.html
Report Dr Crippen February 20, 2016 9:35 AM GMT
He's gone through life doing what he wants to do.

Most people go through life doing what they don't want to do.
Report aberdonia February 20, 2016 9:43 AM GMT
Report miprixabloater February 20, 2016 10:37 AM GMT
I remember the rails bookie whom he bet with on

a massive scale telling me that when Ramsdan backed

one of his horses to win over a million quid and when

the horse drifted massively from the price Ramsdam

had taken this bookie stood still, it won and this bookie

said he was chuffed to pay out as at the time Ramsdam was

getting a bit cheesed of continually losing.
Report posy February 20, 2016 10:56 AM GMT
Strange there doesn't seem to be a wiki page for TR.
I remember another one who made a fortune out of Japan warrants at the time who I think worked for Barings...Christopher Heath.Don't know if he was a gambler but he amassed a huge stable ;remember his pink silks.
Report aberdonia February 20, 2016 11:57 AM GMT
Heath owned The West Awake , 2 times festival winner
Report sageform February 20, 2016 12:11 PM GMT
Chris Heath's horses mostly ran in his wife's name. had some very good horses for a few years. Ramsden was a punter through and through and got lucky for a few years but didn't put anything away for a rainy day.
Report zipper February 20, 2016 12:29 PM GMT
TR  EARLY 70 made his money on the over night markets  stock exchange won billions for his backers and his self
got in to horse and lost millions but still came out in front
re these  large bets on the nags yes they were laid why  when he was say 15 million down  and he wanted to back one for say 5 million   the layer would lay him why he was backing against his loses

couple of weeks age a kid  in a flat in Slough caused a wall street crash.. that wiped billions of the stock
with the internet you dont know who you are playing againstLaugh
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