Avoid the scams, find out which Business Opportunities actually work
January 7, 2007
Filed under: Horse Racing — Ben @ 3:14 am

I’ve recently had a subscriber ask me about the Equitrack VSR System from Equinex Ltd who are based in Cheshunt, Herts.

This is a horse racing betting system. You buy a licence to their system and then use it to create “no lose” betting opportunities on exchanges such as Betfair.

The email read:

“I am considering investing in Equinex Ltd’s Equitrack VSR system and have been invited to a live demonstration of the system. I am contacting you to see if you or any members have any experience of this system or have heard anything good or bad about the system, before i potentially waste my time.

The system is a software programe called Equitrack VSR which shows what to bet on in horse races.

The blurb states that they have been the UK’s leading sports software provider since 1998.

The cost of the system is at present £3,500 (Three Thousand Five hundred pounds) exc VAT until 31st January 2007. usually £4,500.

In the last mail (29th December 2006) they are increasing the cost of the program to £5,500 after the 31st January 2007.

They base the return figures on a 10% compounding bank starting each month with £100 invested.

Figures for 2003: £36,813.
2004: £37,411.
2005: £22,338.
2006 (so far): £24,622. (projected to be circa £32,622).

The sales letter is a simple 1 A4 page where it details the returns made monthly, the cost of the system and an invitation to attend a live demonstration (all of the mailings have just been to try and get me to attend a live demonstration) I assume that it is then that the hard sell may come into play.

The figures appear to be on the too good to be true side and the cost has kept me away from this opportunity, until now. They haven’t shut up shop and done a runner and i havent reard any negative press on them, so im thinking there may be some validity in the figures.

I’v tried to do some research on them, but there is very little available. I recently joined the Home business Alliance and their magazine “The Boss” has back issues available, they have Equinex listed in the contents of 4 issues going back to Jan 2003. I have recently ordered all of the magazines where Equinex is listed and will foward any info on to you if you require it.

Website addresss is http://www.equinex.com/EquinexV2/Home.html

Also: http://www.equitrack.net/homepage.htm

equinex’s email contact is admin@equinex.com

The address details are Equinex limited, Riverdene House, 140 High Street, Cheshunt, Herts, EN8 0AW. Tel: 01992 628688.

I have been recieving posts from them for at least 3 years now and it’s always been the same address and this is the address that is listed for them on the Companies House website.

My next step is to speak to one of them on the phone and ask abit more about the system and if they have staged payment methods etc.

Your comments would be appreciated”

Unfortunately, I do not know very much about horse racing, tipsters or betting exchange software so I cannot help.

However, I do know that many people out in the biz opps world are experts in the horse racing field so I would like to throw open the request.

Can anyone help me out here? Do you know anything about the Equitrack VSR System?

If so, please leave a comment here or contact me via the BizOppsUK Support Desk.

Thanks in advance,

Ben

172 Comments on ‘Opinion Required - Equitrack VSR system from Equinex Ltd’ »

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  1. 172

    Hi David, If you already own the software why not call and arrange to come and see what we discovered? I think you’ll be pretty impressed with the profits its making every week.

    We will teach you how to do it yourself then let you use our money in real markets so you can watch the profits as they come in just as you can at home!

    Comment by Steven – March 11, 2010 @ 6:25 pm

  2. 171

    Hi Andy
    Thanks for offer but, I think similar to yourself, I bought it about 3 years ago!

    Comment by david – March 5, 2010 @ 10:58 am

  3. 170

    David if you are interesred in buying the system I will sell you mine for a fair price. It is a lifetime software so you will still get all the support from Steven. He has agreed to this if you are interested call me on 07941396749 afternoons only please.
    Andy b

    [Addition by Ben: I've approved this comment Andy but are you sure you want your phone number posted on here? I can remove it if you want me to, just let me know]

    Comment by Andy Birch – March 2, 2010 @ 5:00 pm

  4. 169

    I like the Jon/David scenario, brilliant!!!

    Comment by conned – February 21, 2010 @ 12:01 pm

  5. 168

    Hi David,

    There are the occasional blips as the timing of the screenshot can be slightly different as can the reading of where ‘the real money started to come in’ for where you watch the trend from.

    That said I would say that, according to my statistics, in around 95% of cases I have agreed with the stats given the next day.

    All I can say is trial it on a paper basis until you agree with the pattern of results as per the claims

    Comment by Jon – February 7, 2010 @ 7:13 pm

  6. 167

    Jon,
    I’ve been following this discussion for quite some time with a slightly vested interest. Can I take it that, as you’ve been using the system for a while now, you’ve mastered it and that your results and returns reflect those that the company claim to acheive on their website?

    Comment by david – February 5, 2010 @ 5:14 pm

  7. 166

    Tut Tut CONNED.

    Am I a bit close to the truth here?

    Must have caught you on a losing run, if the profanities are anything to go by?

    Maybe you should use the system correctly, as you were shown, on your visit?

    Comment by Jon – February 2, 2010 @ 12:43 pm

  8. 165

    What the hell is it to you who I am. Who do you think you are, trying to defend this bunch of deflecting salesmen. Like I said if I can warn at least one person of their impending fate with this ever changing outfit, then I will be more than happy regardless of who or what you are.

    Comment by CONNED – February 1, 2010 @ 10:18 pm

  9. 164

    Good day to you CONNED,

    Didn’t realise that you were a barrister?

    A response to that would be, as soon as you open up your bank accounts/ statements to then, then I am sure that they would be happy to disclose the aforementioned information.

    Of course for you to do that would mean that you would have to declare who you are. Then we would see that my previous point is correct, and that you are simply an owner of the software who has not followed the guidelines set out to you when you purchased it!

    I await your reply with interest, to see as to whether you are happy to agree to this.

    Comment by Jon – February 1, 2010 @ 2:21 pm

  10. 163

    I think EVEN you, whoever,whatever you are,even in your most defensive and arrogant manner should surely agree,that the claims that Barry and company make about EQUITRACK VSR-X,EQUINEX VSR-X,EXPORT could very easily be totally and unreservedly substantiated by proof of making these bets and returns by showing their PROFIT AND LOSS on the Betfair account where this fantastic system is used, or DON’T they make the bets they claim to.

    I rest my case m’lud.

    Comment by CONNED – February 1, 2010 @ 8:43 am

  11. 162

    Conned,

    Happy New Year to you.

    Mate you are incredibly dense/stupid or just plain argumentative.
    Just go along to a presentation and see for yourself!

    I just dont see how you are able to comment on this blog at all if you haven’t either bought the system or been to meet Steve and/or Barry.

    It seems to me that you have bought, but not stuck to the guidelines. If so then you only have yourself to blame.

    You should stop this crusade/vendetta and get a life.

    Comment by Jon – January 25, 2010 @ 1:22 pm

  12. 161

    I see that you are not willing to PROVE to your potential customers the one thing that would validate everything you claim to be. It is now obvious what charlatans and confidence tricksters I believe you to be.
    I also see that something else has changed in your business model. WHY change if everything is as you say?????.
    I will do my upmost to warn people of “salesmen” like yourselves who cannot,given the chance, to prove for once and for all the unsubstantiated claims that you make.
    I will also be looking at the way you advertise yourselves to advise other people. Good luck.

    Comment by conned – January 24, 2010 @ 10:31 am

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