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

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

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  1. 125

    Thanks for bringing that up!

    As our system generates such a high degree of winners and profits every week, we ask all new users to open their Betfair account using our link.

    The reason is plain and simple! Betfair charge up to 5% commission on winnings (no charge for losses) for running the exchange and I think we would all agree, that is fair.

    We have an agreement in place that they will pay us a small on-going percentage of the commission they charge on all accounts set up by using our link. This is worth up to £8,000 per year per users to us. The more money each user makes – the more our kick-back from the exchange is worth.
    It does not affect the end user – but comes directly from Betfair.

    Bearing in mind that sales of this system will cease when our last copy is sold (should be somewhere around late September at the current rate), this ‘kick-back’ helps to ensure we can keep all the support services going for many years to come for all members.

    Now, just taking the period since my last posting (25th June – posting 123) as an example: VSRX has made another £1,427 to £100 level stakes using the system from Mondays to Fridays – so that is in 6 betting days!

    This is probably why we get comments from people who actually use the system like the following:

    Sent: Monday, June 29, 2009 10:15 AM

    Dear Barry and Steve,
    A quick update after 4 weeks with my vsr export system—absolutely great had some winners on Saturday after a great week.The system is as efficient as you said,and back up support from yourselves and Sharon when I have had a query is excellent. Its great to know I have peace of mind that I will be able to retire earlier than I planned and still enjoy a consistent income. So I would like to thank you all for your great teamwork.Please feel free to show this letter to anyone who is considering joining the Equinex community as I hesitated to join and it has been my best decision in years.
    Best Regards,
    Alan.T.

    Considering that setting up a Betfair account through us costs the end user nothing, I can’t really see any intelligent person thinking that is unreasonable! Obviously, Alan T didn’t.

    Comment by Steven – July 3, 2009 @ 11:14 am

  2. 124

    Hi Gurkamal,

    Set up your own Betfair account and see the reaction you get from Steve in Equinex and that Goes for everybody else, if you are still thinking of buying this means of taking around £4000 out of your pocket for no guarantees whatsoever, please set up your own BETFAIR accounts. This can be done very easily by going to the Betfair website and calling them direct and not through a third party like EQUINEX.

    Comment by CONNED – July 2, 2009 @ 7:07 pm

  3. 123

    Hi Gurkamal,

    Thought you might like a quick update on the Mass Index highlight performance since my last posting as I know you’re keen to get started .. and you’ve already seen VSRX making money in real-time when you came for a live demonstration.

    As you can see, we only had one loss in the last 16 Mass Index selections (highlights) giving a place bet profit of £1,062 (at £100 stakes)for the last 4 days (date of my last posting).

    20-Jun-09 AYR 02:25 9 FIR W 7/2
    20-Jun-09 REDC 02:50 14 MN W 3/1
    22-Jun-09 LING 02:15 8 MB 3rd 11/10
    22-Jun-09 CHEP 06:50 12 TT 2nd 1/1
    22-Jun-09 WIND 07:40 8 DYK 2nd 5/2
    22-Jun-09 WIND 08:40 7 RP 2nd 13/8
    23-Jun-09 BEVE 02:45 12 TAL w 6/4
    23-Jun-09 BRIG 04:30 8 JAF 3rd 11/10
    23-Jun-09 BRIG 05:00 8 STE 2nd 7/2
    23-Jun-09 BEVE 05:15 6 SD L 11/4
    23-Jun-09 NEWT 08:05 14 DR W 4/1
    24-Jun-09 CARL 02:30 10 MM w 5/2
    24-Jun-09 SALI 02:45 10 PM 3rd 11/4
    24-Jun-09 SALI 04:20 11 ITS 2nd 7/2
    24-Jun-09 KEMP 08:50 12 CHJ w 7/2
    24-Jun-09 BATH 09:10 7 BAT w 7/4

    VSRX is also up by £1,054 so far this week (to £100 stakes)from Monday to Wednesday (last night). (Yesterdays profits will be posted on equitrack.net by around 1pm today)

    If Andy is still willing to sell you his copy I’d grab it with both hands before someone else does (as he’s put his number on this blog!).

    As you know, we allocated just 80 copies for sale in 2009 and we are selling out faster than expected (guess the word has got out)- so if you don’t get a move on you won’t be able to get one from Andy or us.

    Speak to you soon, Gurkamal.

    Comment by Steven – June 25, 2009 @ 9:59 am

  4. 122

    Gurkamal
    you have read Steves comments I assume and he is quite happy for you to buy my software. My number is already on here below but here it is again 07941396749. I look forward to hearing from you.

    Comment by Andy B – June 21, 2009 @ 6:33 pm

  5. 121

    Hi Gurkamal,

    If Andy is willing to sell his copy to you we would have no objection. His software produces the same ratings we all download and use at the core of the place system as well s part of the Mass Index selections.

    Once you have signed the owners confidentiality agreement and set up your Betfair account through us, you will have the software owners right to be able to subscribe to our secure website services and get access to Place bet system and Mass Index as well (which is derived directly from the ratings). Mass Index allows you to place bets without having to watch the market before a race i.e. bets can generally all be placed at once if you wish.

    Only two Mass Index selections were highlighted yesterday (20th June).. 2:25 Ayr Firebet (won 7/2) and 2:50 Redcar Master Nimbus (won 3/1) and both could have been placed following download at around 1pm.

    The old win and place method of reading the ratings that Andy refers to still works providing you stick to a special set of race types and conditions but it is far more complex than the methods we use for using the ratings these days.

    If you both agree and do not wish to put your phone numbers on here I will be happy to call either of you and supply the others number (with your permission) if you wish. Just call me at the office to let me know and I’ll arrange it for you.

    Comment by Steven – June 21, 2009 @ 2:41 pm

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