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By ESPN Staff

'Gambling problem, me? Wanna bet?' - Terry

England and Chelsea defender John Terry has denied he has a gambling problem.

Terry rubbished stories he had bet £50,000 on horse racing at the Cheltenham Festival but admitted he had cashed in on 'a couple of tips'.

'The figures that have started to be bandied about concerning my gambling are a joke,' Terry told the Daily Mirror. 'I haven't got a gambling problem.

'I had a couple of tips at Cheltenham this year and I had two winners at 11-1 and 8-1. I ended up being a few hundred quid up and yet suddenly there are stories that I bet £50,000.

'Then I got 20 or 30 letters from fans who were upset at the idea of me treating money like that. It even got to the point where the manager asked some of us about the figures that were being talked about and we put him right straight away.'

Terry insists he would have a word with a team-mate who was gambling too much.

'The manager wants to know what we are doing. If he thought there was a problem, he wouldn't be shy about telling anyone.

'If the players ever felt they had a problem, they know they could go and talk to him.

'But the players can control this kind of thing themselves. If any of us saw a team-mate betting big money, he would get a talking to.'