Sportsworld Publishing has just released a new dutching system called The Snare by Tarry Sparkes. Please don’t rush out and buy The Snare system, we will start testing it next week :-)

From Wednesday 4th February we will be testing the “SNARE” system. This is a relatively new system written by Terry Sparkes. The system revolves around focusing on four races each day that fit a certain criteria. However, once these four races have been found there is certain extra criteria that must be met before we actually place our bet(s). Therefore it is quite possible that on certain days we will have no selections.

My first “Sceptical” observation is that there is no mathematical reason why the Snare system should work over a long time frame. However, I am very happy to keep an open mind and see what happens.

The promotion page of the Snare system looks very impressive, as it always does, making claims that the system has accumulated £17,000+ profit in 119 races with £50 level stakes. I was a bit concerned that on further investigation of the past results that the prices that were being reported were not the same as the BetFair SP prices. I am sure that the prices that are quoted were traded at some stage during the day but for consistency, I am of the opinion that when results are published of past performances of systems, the BetFair SP must be the benchmark that should be used.

To that effect I will be using BetFair SP for all our results with a 5% commission deduction on all our winnings. This may sound a bit harsh to all you guys out there who reckon that you can beat the BetFair SP on a regular basis, but at the end of the day, I need to conduct this test in a “Worse Case Scenario” environment. If the system can make a profit under these harsh conditions then it is pretty safe to say that any idiot, like me, would make a profit using this system. The good news about using BetFair SP is that the system requires very low maintenance. In fact, I would have thought that 15 to 20 minutes of time is all that is needed per day to look after this system.

The size of starting bank that is suggested by the author looks a bit inconsistent with the published past results but for the purpose of this exercise we will start with a Bank size of 50 Points. We will place 5 points of bets in each race. There could be as many as four races to bet on each day, so in theory we could lose as much as 20 points in one day.

Remember that one point can represent any monetary value that you wish.

It is now time to start some “Snaring”……

-Marc

Feb 4th

Well, NO snaring today……We have been “Snared” by the weather.

There are officially NO selections for today……

As I have mentioned above, there can be up to four races per day that fit the Snare criteria. If our selection wins in a particular race, then I will indicate the BetFair SP that it won at. I would not be giving any secrets away when I say that the betting process is based on dutching certain horses. Therefore, just because the winner comes in at say, 6.0, it does not mean that we will win 5 points (Less Commission) on the race. In fact there are certain scenarios that we can select the winning horse and still lose.

Feb 5th

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -5.00 Points.

Feb 6th

Snared by the weather again……

NO selections today.

Feb 7th

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -10.00 Points.

Feb 8th

NO selections today.

Just to clarify about Sunday’s (Feb 8th) lack of selection……

As mentioned above, certain critera has to be met for a race to be considered for trades. For consistancy, I am evaluating the prices of the horses in question based on the BetFair SP’s of the horses at the start time of a race.

As Terry has mentioned on his website, certain people were lucky enough to catch certain prices for certain horses which enabled the particular race in question to be deemed a tradable race. They were even more lucky when their selected horse won the race.

However, at race time i.e. BetFair SP prices, the criteria was NOT met for this race and therefore, for the purposes of this exercise, the race was deemed a NO bet race.

Feb 9th

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -15.00 Points.

Feb 10th

NO selections today.

Feb 11th

NO selections today.

Feb 12th

NO selections today.

Feb 13th

NO selections today.

Feb 14th

NO selections today.

Feb 15th

We Have Some Action……

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won @ 11.0.  Result PLUS 6 Points.

TOTAL PROFIT / LOSS: (To Date) -9.00 Points.

Feb 16th

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won @ 7.80.  Result PLUS 2.80 Points.

TOTAL PROFIT / LOSS: (To Date) -6.20 Points.

Feb 17th

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won @ 8.00.  Result PLUS 3.00 Points.

TOTAL PROFIT / LOSS: (To Date) -3.20 Points.

Feb 18th

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -8.20 Points.

Feb 19th

There were TWO races today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

2nd Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -18.20 Points.

Feb 20th

Initially there were TWO races that fitted the Snare criteria.

However, at the time of the start of the race (Sandown 1:40) one of our selections did not meet the criteria. This was very unfortunate since another one of our selections (Stance) went on to win with impressive odds of 23.72 so according to our strict rules, this had to be deemed a non counting race.

The horse in question was Green Belt Elite. At SP, this horse had odds that were too low to make this a SNARE race. However, people are claiming that at 10:30am the horse’s odds WERE ok to make this a SNARE race. What is being overlooked here is the fact that at 10:30am when this could be deemed a valid SNARE race, the odds of Stance were only 13.50.

Systems that have subjective rules like this are always difficult to test. That is why I have said that the “Snare Decisions” are taken at SP prices.

I have to point out here that the author has openly said that this system works better using a more pro-active method. i.e. taking prices prior to the off as and when they are available.  Although this has been noted, for the purpose of this exercise we can only focus on the SP prices.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -23.20 Points.

Feb 21st

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won @ 4.70.

Four of our selections lost: Result Minus 0.3 Points.

TOTAL PROFIT / LOSS: (To Date) -23.50 Points.

Feb 22nd

NO selections today.

Feb 23rd

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -28.50 Points.

Feb 24th

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won the race @ 4.40.

Our other four selections lost.

Minus 0.6 Points for the day.

TOTAL PROFIT / LOSS: (To Date) -29.10 Points.

Feb 25th

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won the race @ 9.00. (Great Knight).

Our other four selections lost.

Plus 4.0 Points for the day.

TOTAL PROFIT / LOSS: (To Date) -25.10 Points.

Feb 26th.

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won the race @ 5.82. (Smokey Ryder).

Our other four selections lost.

Plus 0.82 Points for the day.

TOTAL PROFIT / LOSS: (To Date) -24.28 Points.

Feb 27th.

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won the race @ 9.0 (Silk Hall).

Our other four selections lost.

Plus 4.00 Points for the day.

TOTAL PROFIT / LOSS: (To Date) -20.28 Points.

Feb 28th.

There was ONE race today that fitted the Snare criteria.

1st Race: One of our selections won the race @ 4.6 (Captain Americo).

Our other four selections lost.

Minus 0.4 Points for the day.

TOTAL PROFIT / LOSS: (To Date) -20.68 Points.

Mar 1st

NO selections today.

Mar 2nd

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -25.68 Points.

I really think today’s race highlighted a severe problem with this system and in fact any system that uses the Racing Post’s tissue prices. The race concerned was the Lingfield 2:10 where the favourite, Affirmatively, had been flagged up as the favourite in the Racing Post as a 3.5 shot. However, by the time the race had started it was trading at 15.5 on BetFair. The “Goal Posts” had certainly moved and any “Trading Theories” based on prices of favourites etc had cetainly gone out of the window. Since the favourite had drifted so much, it meant that our selections had certainly lost their value and even if one of them had won, the risk reward ratio just was not worth it.

I really have never understood systems that base their tactics on Racing Post tissue prices. By the time the horses line up at the start, the Racing Post prices really do not mean very much……?

Mar 3rd

NO selections today.

Mar 4th

NO selections today.

Mar 5th

NO selections today.

Mar 6th

NO selections today.

Mar 7th

NO selections today.

Mar 8th

NO selections today.

Mar 9th

NO selections today.

Mar 10th

NO selections today.

I think we will be putting this one “Out of its Misery” very soon.

Another good example of the moving goalposts. The two potential races that were close to being deemed SNARE races had their favourites going off at 10.50 and 16.50. The system is based on laying the “Racing Post” favourite but with this supposed favourite going off at these prices, it is difficult to see how something like this is ever going to work……

Mar 11th.

There was ONE race today that fitted the Snare criteria.

1st Race: None of our selections won the race: Result MINUS 5 Points.

TOTAL PROFIT / LOSS: (To Date) -30.68 Points.

Mar 12th.

No Selections Today.

Well it is time to wrap this system up and make a few observations:

When I first encountered this system, I always knew that it was going to be difficult to give a fair trial to a system like this. The fact that you are dutching five horses in one race, there was always going to be quite a bit of manual skill required in obtaining the best odds.

The author has always remained adamant that this is NOT a system where you place your bets at BetFair SP and wait for the money to roll in. A much more pro-active approach needs to be taken in the 5 or 10 minutes prior to the race.

Obviously what made it even more frustrating during the trial was that we encountered the worse horseracing weather for some 18 years.

The actual selection process that is required to locate the horses is a relatively simple one. It is made even simpler when you purchase the system since you are supplied with a website location by the author. This website is updated every mornng. This website then points you to the correct races that need to be focussed on. We are assured by the author that will remain a free service indefintitely.

The system results prior to the official launch look outstanding. However, these high returns could not be replicated during the course of the trial.

As I have previously mentioned, I really do have great difficulty in understanding how systems that utilise tissue prices that are published in national newspapers can ever make a consistant profit. The system uses the tissue prices of horses that are published in the Racing Post and the fact that these prices can wildly change in the minutes leading up to the start of the race must be an area of concern.

The fact that we are told only to focus on the first four eligible races each day did result in many days without any selections. However, this has now been rectified since the website that is mentioned above, now informs us on the eligible races for the WHOLE day.

Maybe with many more races now coming into play we will see a far better result for this system. However, on the evidence that we have seen during the trial this is a system that cannot be recommended at the present time.

Comments

38 Responses to “The Snare System – New dutching system”

  1. ib on January 26th, 2009 9:23 pm

    hi

    i bought this system so i will follow this

    ib

  2. david on January 27th, 2009 12:05 pm

    having bought the system do you think it lives up to the blurb?
    whats your impression of it ?

  3. admin on January 27th, 2009 12:22 pm

    I have also just bought it, but have not received it yet. We will start the review as soon as I get it :-)

  4. jack goss on January 27th, 2009 12:53 pm

    Why should we believe a word this site says as you are affiliated to these systems, you earn money by reviewing them!

  5. admin on January 27th, 2009 1:36 pm

    Most of the reviews are done by testers who don’t get anything out of it (IB has also tested a system for us). Also this review will not be done by me but by another punter who does not receive anything.

    Furthermore, please notice that most systems goes into NOT RECOMMENDED even though there is also affiliate links on these products.

    One more thing is that most of the systems results can be verified by other punters who has the system and if we make up results then I’m sure a lot of people will react.

  6. TonyT on January 27th, 2009 2:53 pm

    TERRY

    Are you the same Terry who spoke to us a while back on OBE about your system? I am really looking forward to reading the test.

  7. ib on January 27th, 2009 4:30 pm

    hi
    today i won in the first race so far so good

    ib

  8. nichnich on January 27th, 2009 5:34 pm

    Hi, Landed on this site a few weeks ago and think its great in terms of unbiased views on products. I didn’t know where else to post this so I picked a couple of the current popular strands.

    I was wondering if anyone who looks at this site subscribes to the Betting School Insiders Report and if so what their thoughts are on the report and the site content. On the face of it, like this site, it looks genuine but as it obviously incurs a monthly fee I was curious as to others thoughts, if it is worth the money and if it delivers.

    Any feedback welcome.

    If this should go somewhere else in future, please advise.

    Cheers.

  9. fabian on January 28th, 2009 1:42 pm

    Terry Sparkes, to me, seems a genuine guy. I bought his system Money Talks – Its good could be better – What I mean because of the price restrictions you have to wait till the last minue can be very tiresome indeed. Otherwise the system is good. For the three days I have been thinking
    of buying “the snare system” but have decided to
    wait for your comments.

  10. admin on January 28th, 2009 1:50 pm

    I am waiting for it to arrive in the post. When it does then we will write the preview and our test person will start the test :-)

  11. TonyT on January 28th, 2009 2:57 pm

    I thought MONEY TALKS was written by Antony Gibson? Terry is a new kid on the block I think. If he is indeed the same person that was on another forum a few months ago talking about his new system, then yes he seems genuine and nice but I am waiting for him to reply and also waiting for the review. After all if its a good system it should work a few months down the line so no need to rush in.

  12. nichnich on January 28th, 2009 7:30 pm

    Does this mean no-one has anything to say about the value of Betting School Insiders Report?!

  13. fabian on January 28th, 2009 11:04 pm

    Its my mistke MONEY TALKS IS written by Anthony
    Gibons. Anyway the comment still applies its a good system
    bbut too tedious.

  14. TonyT on January 29th, 2009 10:41 am

    Nichnich

    Why pay for something when you can get the same info for free on sites like this?

  15. nichnich on January 29th, 2009 3:24 pm

    TonyT

    I can’t argue with what you’re saying per se as stumbling on this site I think its ace and value the inputs of people like yourself. I was just wondering as the School seem to give (as well as advice similar on here) discounts on\free systems, videos on how to use and get best out of various pieces of trading software and bots, “knowledgeable” tipsters, etc that you don’t (really) get here and thus I was just curious if anyone that posted here had used the Betting Scool or read their Insiders Report and if so, if they felt it was value for money. I, like yourselves, am just a bettor\trader trying to glean extra knowledge\tips to get more profitable without doing daft things like staking 2K to win a tenner.

  16. admin on January 29th, 2009 3:32 pm

    The Snare system has now been received by normal letter. The test will probably start monday when my tester has had some time to write a preview :-)

  17. ib on January 29th, 2009 5:05 pm

    hey nichnich i have been a member off the betting school i think you cant really say it is bad or it is great it depend on your self ,they have there ovn system and so on ,they rewiev system too and that is a nice thing but like tony says it is free here,there is something for every body in the betting school and some of the system you only find there,so i think it is up too you to find out if the betting school is something for you
    regards ib

  18. TonyT on January 30th, 2009 12:49 pm

    Hey ib

    you got the snare system and posted the first day as winning, how has it been since then?

  19. fabian on January 30th, 2009 1:35 pm

    Does anyone know if MoneyTalks have tipping service by e-mail? would apprecaite an answer.

  20. admin on January 30th, 2009 3:42 pm

    Fabian=> Please ask under “money talks” – but I think it is easier to write sportsworld publishing and ask them :-)

  21. ib on January 30th, 2009 6:03 pm

    hi
    you get it the short way up and down

  22. Steve on February 1st, 2009 2:49 pm

    Does the Snare System just look at UK races or are Irish races included as well?

  23. ib on February 1st, 2009 8:48 pm

    hi steve just uk

  24. Steve on February 3rd, 2009 3:44 pm

    Hi ib – thanks for the reply. If you are following the system how close to the race start time do you put your bets on?

  25. chris on February 4th, 2009 1:02 am

    The author of The Snare is getting a severe grilling over on the betgear forums for the lack of transparency in his claimed results! http://forum.betgear.net/

  26. TonyT on February 4th, 2009 10:31 am

    I know he is and Terry I feel is a genuine bloke who truly believes in his system so we should wait for the test results and if it proves a failure then we can put it to rest. It doesn’t make Terry a bad bloke as he is on the forums constantly defending and answering questions. There are a lot worse people out there who just churns out rubbish on a monthly basis and do not come on forums to answer queries or answer emails, just churning the usual rubbish and take whatever they can from unsuspecting punters. All those systems with the word betfair on them I am sure we all know who they are. The latest being betfaircashbox.

  27. Marc on February 4th, 2009 1:03 pm

    I quite agree with you TonyT……

    The guy certainly does come over very genuine…I have emailed him a couple of times now and he has instantly replied with valid responses.

    He does however tell me that he sometimes puts his trades on at 8:00am in the morning to get the best results. Obviously it is going to be difficult to get our results to correlate with his.

    These are his results so far….

    http://www.sportsworldpublishing.co.uk/snare-results.pdf

    Alot of the winning prices are much bigger than the BFSP.

    Anyway time will tell……

  28. ib on February 4th, 2009 6:33 pm

    hi steve
    i doo it 6 in the morning bescause of my work , i have a small + so it is okay by me so far ,but it is hard whit all the racing that is abandoned

  29. Steve on February 4th, 2009 7:05 pm

    Hi ib,

    Is there not a problem of possible non-runners if you place bets too early as you are backing 5 horses in a race?

  30. ib on February 4th, 2009 11:15 pm

    hi steve yes there is but i have to live whit that ,i dont like bot,they can cost you a lot of money

  31. chris on February 9th, 2009 3:07 am

    There was a qualifying race on Sunday 8th Feb.

    The 2.10 at Kempton was a qualifier: The Snare found the winner too.

  32. TonyT on February 9th, 2009 11:26 am

    So why is the test results not showing the winner but showing as a no bet day?

  33. admin on February 9th, 2009 11:57 am

    Good question Tony :-) Sure that Marc will look into it :-)

  34. chris on February 9th, 2009 12:21 pm

    As you know, I’m currently testing both Dodgy Favourites and Winners To Losers on here. I’m actually testing The Snare for another very good site, that’s how I know there was a bet yesterday: I get the info directly from Terry Sparkes.

  35. Terry on February 9th, 2009 12:32 pm

    Hi All
    The reason that the race on sunday was declared a no qualifier is because i logged into betfair at 1.35 and A horse was below 4.i have had many emails from people who got on at above 4 some time in the day

    If igave ut as a winner then no doubt i would be accused of falsyfying results.

    MUDISH also won the other day (at 10.23 reduction) and the favourite was pulled 5 minutes to the off.Many were also on this horse but some may not have been.

    Hope this helps

    Terry

  36. Terry on February 9th, 2009 12:35 pm

    Hi Again
    This is the problem that can occur when using s/p or a bot that’s set at a certain time.

    nd this is why results will differ with tests.

  37. chris on February 17th, 2009 2:33 am

    Nice winner on Sunday (11.0) and again today (7.8)

  38. Terry on March 12th, 2009 6:56 pm

    Mark
    You keep mentioning the prices of the favourites.Horses drift and steam.These things will happen and have been happening for many many years.

    it has long been my argument that 1 month is never long enough to judge how good or bad something may be.

    There was a run of 21 straight wins using this system at prices as high as 32 and i am quite well aware of what it is capable of.

    With regard to the racing post.the odds compilers get paid a lot of money and at one time of day the on course tissues often mirrored those of the racing post.

    You may well put the system “out of it’s misery” but i strongly suggest that you don’t put it out of your mind.

    The website will always be there for FREE and i hope you follow and see how things pan out.

    Thanks for giving it a crack.

    Terry

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