Terry Ramsden (born 1952) is an English investor and gambler from Enfield who focused on horse betting and the Japanese stock market.
[3] One of his biggest wins was in 1984 when he paid £500,000 for a horse named Katies just a few days before she was expected to run in the Irish 1,000 Guineas.
The purchase of Katies was recommended by the Newmarket trainer Mick Ryan who told Ramsden that the horse would win at the Curragh.
In 1991 he was arrested and jailed in Los Angeles for six months while awaiting extradition to the United Kingdom for fraud.
He declared bankruptcy and pleaded guilty in 1993 to recklessly inducing fresh investments into Glen International.
[1] He started working in the private treaty market, creating a trading system which sped up equities transactions.
Jake won the Bet Direct No Q Maiden Stakes at Lingfield in December of that year, Ramsden's first win after prison.
He lived a glamorous lifestyle owning multiple cars, houses, racehorses and at one time 30% of Chelsea F.C.