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