John Terry’s brother lost £ 46,000 amid 209 betting rule violations
What was the nature of the bets?
A betting company contacted the FA in August to alert them to Terry’s betting activity. The FA subsequently found an account with a second betting company.
The commission report states that Terry admitted placing 209 bets and made 34 “bets which included matches in competitions the PT club had participated in during the seasons concerned. The 34 bets were all multiple bets.
What are the rules for betting?
FA rules prohibit all employees of soccer clubs from placing bets on soccer, whether the bets are for their own clubs or competitions.
How much did Terry lose at the game?
The report read: “The overall amount put in by PT during the relevant period was £ 63,800.40.
“The returns were £ 16,883.67. This translated into a net loss of £ 46,916.73.
“The average bet placed by PT on the 209 bets was £ 305.27. However, that figure was significantly skewed due to a handful of disturbing stakes bets placed by PT.
“While PT’s usual stakes were relatively low, ranging from £ 2 to £ 200, a number of bets placed, particularly in November 2017, turned out to be extremely high.
“As an example, over an 18-day period in November 2017, PT bet £ 45,600 on 12 bets.”
The report says these November 2017 bets included a £ 10,000 bet on Germany to beat England, a £ 17,700 bet on Italy to beat Sweden and a £ 10,000 bet on Manchester United to beat Basel. in the Champions League.
What was his view of the situation?
The report said: “PT said in an interview that he had received betting training and was aware of the rules against betting on football, although he was not sure that this was true. applies to coaching staff.
“PT said he had gambled his entire adult life and bet out of boredom when he placed football bets. He said he never bet beyond his means.
Later, the report said, “PT did not consider itself to have a betting problem at all.”
What else did the FA say?
The report read: “The Commission was somewhat concerned and curious about PT’s betting model.
“PT had repeatedly placed very high stakes, which at first glance seemed to have been disproportionate to his football-generated income and he had lost a significant amount of money in a relatively short period of time.
“In view of the above, committee members were also concerned that PT did not see itself as having a betting problem at all.
“The committee urges PT to seek assistance from the PFA, FA or other outside agencies in this regard.”
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