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

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

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  1. 60

    I would like to publicly thank Jon (comment 55) for his unbiased and unsolicited comments. It is a real breath of fresh air to read constructive and intelligent input
    in a blog where contributors are shrouded in anonymity.

    As quotes appear to be the order of the day …

    “The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.” Winston Churchill.

    With that in mind, I invite anyone seriously interested to take a FREE 14 day trial of this highly profitable system, without obligation. All you need to do is contact us (click on the name at the bottom of this post to get contact details) and quote “bizoppsblog”.

    At the end of the free 14 day trial, you will see exactly how much profit was made for yourself. Then, if you are happy with it, no doubt you will want to buy it .. if not then you won’t. But at least you will have the advantage of seeing it with your own eyes and forming your own opinion. If you want to know the kind of money being made weekly from it – the profits or losses are posted daily on the website.

    As Galileo said “All truths are easy to understand once they are discovered; the point is to discover them.” So, go discover and see the truth for yourself. You’ll be glad you did. Just click on “Steven” below ..

    Comment by Steven – March 7, 2009 @ 3:59 pm

  2. 59

    “Oh what a tangled web we weave, when first we practice to decieve” a quote from Sir Walter Scott for us to ponder.

    Comment by CONNED – March 7, 2009 @ 3:36 am

  3. 58

    Look at comment 31

    Comment by CONNED – March 7, 2009 @ 3:33 am

  4. 57

    Who are Sports Leisure Ltd? Is this the name Equinex have changed to to avoid the threat of legal action proposed by some of the postees on this site!!!!!!!!!!! Do your homework

    Comment by CONNED – March 7, 2009 @ 3:31 am

  5. 56

    With respect to Jon and his way of forward thinking ,which I agree with. Let’s then take this opportunity for Barry Shepard ,Stephen and the rest of Equinex to say that they now totally disregard the way that their VSR ratings were sold and will they apologise for the way they have not written to or phoned or e-mailed their existing customers with respect to this. They do make a BIG thing about their customer support after all, but is that just to pacify you while you continue to subscribe to their daily ratings or use of export, i.e. while they are still taking money off you. And if you do try to compile the ratings yourself, then there is always the chance of “user error” which equinex will always use as an excuse,and that’s why I personally believe why they will not publish the results for 2007/08 and that’s why I believe they have tried to move on by stealth.

    Comment by CONNED – March 7, 2009 @ 2:31 am

  6. 55

    I am reading all the comments with increasing disbelief. I read comments from ‘owners’ of the system and responses from Steven and it reminds me of a parent trying to explain something to a stubborn child.
    From my experience of buying this system in January of 2008, the year did not live up to the returns that were mentioned in the glossy produced by the company.
    However the system has been looked at, revamped and is now a much simpler process to follow. Detach yourself from the fact that it is horses, follow the trends of selections, taking into account the MS% and you can achieve a positive return in line with what is being reported back to you on a daily basis.
    Only the individuals that are commenting know exactly how much money they have won or lost. As they already own the system I don’t see the problem in taking up the 14 day free trial using the new system. I have followed it for 7 days now and it does appear to work. What is also important is the daily feedback with screenshots and explanations as to why a bet should or shouldnt have been made.
    I am not a ‘plant’ writing on behalf of the company, just somebody who bought the system for the same reason as the rest of you. In doing this I just want to find a way in which this can work for me and the new method would appear to be the way.
    One comment I would make is that I do feel that it would be a good idea for the company to publish the returns for the year 2008. I don’t see that there is any problem in doing so.
    If anybody continues to bemoan the system and their own bad luck, without trying the free 14 day trial then I think they’re very foolish.

    Comment by Jon – March 5, 2009 @ 4:33 pm

  7. 54

    I am now glad that you admit by default that the VSR ratings did not achieve the results that were heralded on you previous website,which has now disappeared. Again your arrogancy beholds you and you are throwing all your “sales” experience behind your new found VSR-X system and your results for the past few months.How and where are you advertising this one!!

    Please take this opportunity to apologise to the members who spent their hard earned money,(£4000+) with you, and help everyone move on with a bit of dignity.

    Comment by CONNED – March 5, 2009 @ 1:19 pm

  8. 53

    Why listen to anonymous comments when you can try it out yourself FOR FREE and without obligation simply by quoting “bizoppsblog” when you call or email. Details can be found at equitrack.net

    Comment by Steven – March 4, 2009 @ 8:42 pm

  9. 52

    With regards to comments “Like I say if this new way of “making money was so good” you would only be too glad to tell your existing lifetime members”… We already did!!

    If you are a GENUINE owner of a ‘Lifetime’ copy of VSR you either a) Already know this is true .. b) Simply do not check your email.. or c) Are a ‘competitor’ hiding behind the anonymity of this blog hoping to stop anyone from taking a free look at what you cannot achieve yourself.

    ANY GENUINE owner of an Untimed (Lifetime) copy of our software is, and has always been, more than welcome. If, for some reason, any GENUINE software owner has slipped through the ‘email net’ – all you have to do is call the office. .. give your details and a copy of the original email will be sent to you.

    If you wish to become a Member of our internet data entry service and have a copy of our rating software - you only have to subscribe.

    Alternatively, if you do not want pay a small monthly subscription (around £2.50 a day to be a Member and have our staff do the data entry for you), you could take up the FREE 14 DAY TRIAL (made on this blog several times already) – see exactly what we do and go do it yourself. All you need is a copy of our rating software and any good Exchange API solution that provides the same functions as ours.

    While not knowing who you are makes it difficult to offer you anything .. we have offered a FREE 14 day trial on this blog on many occasions. Interestingly, ONLY ONE NEGATIVE CONTRIBUTOR took up the offer and now wants to be a full-time subscriber!!! Why? Quite simply, because he has seen it, used it and knows it works extremely well! My guess is, he’s the only genuine one! Not bad after 10 years – eh?

    Comment by Steven – March 4, 2009 @ 4:21 pm

  10. 51

    Good Idea from another comment, if you are one of the people who claim that this system has worked for you please let us have your mobile numbers so we can find out how you managed to do this. A lot of these horses loose and it takes along time to get your money back if ever.

    Comment by Steven Barry – March 4, 2009 @ 1:44 pm

  11. 50

    Again you you treat your lifetime members, with “lifetime support” (your words),with utter contempt. You forget the reasons why you sold this program in the first place,and now concentrate on trying to cover up the past record of the way you sold this “business” by trying to bypass your obligations and again don’t see any of you results for the last 2 years when your company came to the fore. Like I say if this new way of “making money was so good” you would only be too glad to tell your existing lifetime members or do you just forget about them like a prostitute who has made their money and moved onto their next trick. Your arrogancy beholds you.

    Comment by CONNED – March 4, 2009 @ 10:41 am

  12. 49

    TAKE THE CHALLENGE - ITS FREE

    Since the first offer of a ‘no obligation’ FREE TRIAL was made on this blog on the 7th January, the system has made £4,799 at level £100 stakes working from Monday to Friday on daytime racing (that’s just 38 betting days) as can be confirmed daily by any user.

    We said back then “We will give you a free trial of the system for 14 days. All you have to do is contact us and quote “bizoppsblog”.

    So far, ONLY ONE contributor to this blog has taken this up and completed a 14 day free trial. He has since asked to become a subscriber so he can carry on using the system daily!!!

    All Members have now received a file showing how profits can easily be more than doubled without increasing stake size.

    Every existing member sees the daily totals and all selections have been updated daily since the day it started. If anyone had disagreed, our phones would have been ringing ‘off the hook’ – which they have not.

    So, if you would like to know what the magic formula is – visit equitrack.net and take the free trial like everyone else!!

    Comment by Steven – March 3, 2009 @ 7:00 pm

  13. 48

    Can all the people below who claim that this system works post you mobile number so that I and others for who it hasnt worked can call you to find out what your magic formulae is

    Comment by Nick Smith – March 3, 2009 @ 4:50 pm

  14. 47

    As it states very clearly on the front page of the equitrack.net website …

    A simple but efficient software racing system was built back in 1998 called VSR.

    Over the last 10 years the horse ratings produced by it have constantly displayed winners and/or placed horses in pretty much every race of the day.

    Since then, we have added a new twist to it - one that has had such a dramatic impact - that since using it we have never had a losing week.

    Is this an idle claim? NO
    Can we prove it? YES

    It then goes on to say on page 2 …

    What is VSR-X?

    VSR is the unique and highly efficient software-based rating system that clearly shows the most probable winners in UK horse racing.

    When used together with our unique Live-Odds exchange software it gives us VSR-X, that all-important extra edge that others simply do not have.

    To see the incredible consistency of VSR-X click here to see recent profits from a £100 investment. (These are updated daily)

    So, all the answers to your comments are there for anyone to see.
    All our members also use this web site daily.

    Anyone is welcome to take a ‘no obligation’ FREE trial and test this out for themselves from the comfort of their own homes.

    No one needs to listen to anyone’s ANONYMOUS ramblings - they can simply find out the truth - without cost and without obligation. All they have to do is click on my name at the bottom of this article to go direct to the web site to find contact details.

    Comment by Steven – March 3, 2009 @ 2:29 pm

  15. 46

    I refer to your editorial ‘38′ “egg on your face” where you say that the VSR ratings have’nt changed in the last 10 years and why I should apologise unreservedly to you. Why then do you now call them VSR-X ratings !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Comment by CONNED – March 1, 2009 @ 2:50 am

  16. 45

    Why with don’t you e-mail all your members with the details? I also see you have taken the name Equitrack off the website, wonder why!

    Comment by CONNED – February 27, 2009 @ 2:11 pm

  17. 44

    See comments 22, 31,35, 38 and 42. Book your own ‘no obligation’ free trial (available to any genuine person) at equitrack.net and find out the truth without any cost to yourself.

    Comment by Steven – February 25, 2009 @ 10:22 pm

  18. 43

    This system does not work it is complete waste of time.
    DO NOT WASTE YOUR MONEY

    Comment by Nick Smith – February 25, 2009 @ 4:20 pm

  19. 42

    Anyone looking at the equitrack.net website will see there are NO testimonials on there at all. We simply decided against it. But as we have been asked, here are a few of the most recent, unsolicited ones we have received …

    Hi Barry,

    Saturdays proving good…..£500 up on the place so far. A few more races left!

    Received Saturday, February 21 2009

    Hi Steve

    Just to say we think the new web site is great. We are 1862.00 in profit as of the 18th

    Received Saturday, February 21 2009

    Hi Steven

    Let me be one of the first past the post to congratulate you on the new website. Best point so far for me is being able to access the graphs for the previous day as this helps a lot in the learning period and saves having to contact the office and bothering staff unnecessarily.

    Both (name withheld for privacy reasons) and myself would like to thank you and your excellent team on the way the support was provided. This has been given freely and it is nice to deal with a company that is true to its word.

    Speaking as someone that has never put a bet on a horse in his life ( no not even the national) I am astounded that we are making good profits by doing just that.

    We would recommend this system to anybody that is looking for a good solid home based business where the return on investment is as quick as this.

    Received Thursday, February 19 2009

    Naturally, the originals of all these and more are available for inspection at our offices to anyone who would like a free trial.

    Profits are updated daily and are clearly on display in the public area at equitrack.net for all to see. Also, ratings are sent daily to anyone taking part in a free trail before racing starts as well as proof of selections.

    Comment by Steven – February 24, 2009 @ 2:31 pm

  20. 41

    PLEASE PUBLISH YOUR PROFITS FOR 2007/08 AS IN CONJUNTION WITH 2003/6.

    LOOKS LIKE WE WILL BE WAITING A LONG TIME AS AGAIN YOU HAVE CHANGED THE GOALPOSTS.

    Comment by CONNED – February 24, 2009 @ 1:59 am

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