Each Way Sniper is a horse racing betting system based on a loophole in how bookmakers price up their each-way markets.
Mike is the king of bookie loopholes and the majority of his products are designed to teach you how to exploit them and make risk-free profits.
Our aim was to try and find 3 “snipes” per day. We worked out that if we could do that every day, we could potentially make a profit of £150-£200 per week. We started testing the system using £25 each-way stakes.
Read on for more details on the system and to see how it can be used for low-risk profits or as a value betting system.
How Does Each Way Sniper Work?
Each Way Sniper is a very simple system. All we had to do was place each-way bets at a bookmaker and secure a guaranteed profit using an exchange such as Betfair. The software calculates the stakes to use and automatically finds the best value each-way bets.
Mike advised some filters to use for the system, but we decided to tweak them slightly to try and prolong the life of our bookie accounts. Inevitably, if you keep winning then bookies will eventually take action, but forms of arbing are generally flagged up quicker.
The good thing is this system works on accounts that have been bonus banned, as long as stakes haven't been limited too much.
The more bets we placed, the more potential profit we could have made. Therefore, we attempted to place as many bets as we could each day.
Video tutorials to helped show how to place the bets and we were provided with access to an 'Each Way Arbing Calculator' which calculated exactly what bets we needed to place.
Firstly, we changed the filters in the software to only show matches below odds of 19/1, so that we wouldn't have too much of a liability at Betfair and also to keep under the bookie's radar.
We also increased the “Rating” filter to show matches with 105% or more, so that only the best value matches showed up. This narrowed down the selections greatly but meant that we were making a higher profit from each bet.
To get the review started, we looked for a few suitable races to get involved with. The first one the software came up with was Doncaster 14:55, with the horse Scooby being eligible for an each way snipe.
After hitting the calculate button, the odds were automatically entered for us and the correct stakes were displayed. All we had to do then was go and actually place the bets.
Below, you can see we were guaranteed to make £5.40 profit whatever the outcome! That works out as a 10.8% return on our £50 stake.
We did two more races that first day and finished with a profit of £24.30. It was very promising start!
On occasion, we would find a good “snipe” but find that the odds had moved before we had chance to place our bets. However, we sometimes found the odds had drifted out and that meant an even better profit. It evened out overall.
After using the system for a month or so, we had recorded a total profit of £149.83 from 37 bets at £25 each-way stakes.
Only 2 of the bets resulted in a loss, so we were very comfortable with the level of risk.
|Date||Race||Horse||Bookie||Total E/W Stake||Profit/Loss||Running Total|
|11/02/16||Thurles 13:35||Kansas City Chief||Paddypower||£50.00||£11.36||£16.76|
|11/02/16||Thurles 15:50||Inch Rise||Betfair||£50.00||£7.54||£24.30|
|12/02/16||Wetherby 15:35||Lake View Lad||Betfred||£50.00||-£0.01||£29.87|
|13/02/16||Gowran Park 17:05||So Sorry Sarah||Racebets||£50.00||£4.49||£34.36|
|13/02/16||Gowran Park 15:25||Bentelimar||Bet365||£50.00||£3.29||£37.65|
|13/02/16||Gowran Park 17:05||So Sorry Sarah||William Hill||£50.00||£1.01||£38.66|
|14/02/16||Exeter 14:40||Ghost River||Bet365||£50.00||£6.05||£44.71|
|14/02/16||Exeter 14:10||Overtown Express||Ladbrokes||£50.00||£4.56||£49.27|
|14/02/16||Exeter 14:40||Ghost River||Labrokes||£50.00||£7.83||£57.10|
|15/02/16||Wolverhampton 14:50||Our Little Sister||Jennings||£50.00||-£1.20||£55.90|
|17/02/16||Towcester 13:50||Me Viola||Paddypower||£50.00||£2.70||£62.04|
|25/02/16||Thurles 17:30||Cosmic Dawn||Betway||£50.00||£4.23||£66.27|
|25/02/16||Thurles 17:30||West Bridge||Coral||£50.00||£2.92||£69.19|
|27/02/16||Chepstow 15:45||Audacious Plan||Betway||£50.00||£4.64||£73.83|
|02/03/16||Wincanton 15:20||Flaming Gorge||Betway||£50.00||£2.11||£81.88|
|02/03/16||Wincanton 14:10||Sainte Ladylime||Racebets||£50.00||£2.86||£84.74|
|02/03/16||Wincanton 14:10||Sainte Ladylime||Bet365||£50.00||£3.14||£87.88|
|03/03/16||Taunton 17:35||Up To Al||Bet365||£50.00||£2.99||£90.87|
|04/03/16||Wolverhampton 20:15||Bond Trader||Coral||£50.00||£3.42||£97.92|
|09/03/16||Kempton 19:40||Russian Ranger||Ladbrokes||£50.00||£4.67||£102.59|
|14/03/16||Taunton 15:25||Vanishing||William Hill||£50.00||£4.92||£118.03|
|15/03/16||Cheltenham 16:10||Polly Peachum||Unibet||£50.00||£2.96||£123.66|
|16/03/16||Cheltenham 15:30||Sire De Grugy||Betbright||£50.00||£8.41||£136.56|
|16/03/16||Cheltenham 13:30||A Toi Phil||Coral||£50.00||£3.71||£140.27|
|17/03/16||Cheltenham 15:30||Cole Harden||32red||£50.00||£3.50||£143.77|
|18/03/16||Cheltenham 15:30||Smad Place||Unibet||£50.00||£3.28||£147.05|
|18/03/16||Cheltenham 15:30||Smad Place||32red||£50.00||£2.78||£149.83|
Each Way Sniper Value Betting System
If you don't mind taking a higher risk approach, the Each Way Sniper software can also be used to identify value each-way bets to straight bet on. That means you wouldn't need to place any lays on Betfair.
Mike informed us that he had been testing this out himself and sent us a spreadsheet with his results.
In just 7 days, he recorded a profit of £486.49 using £2 each-way stakes. Mike started with a £400 bank split into 100 points and had doubled it after a week.
With this system we were placing value bets knowing that the bookies would be paying out at higher place odds than the true chance of them winning.
There were losses along the way but, as we were taking value, the wins outweighed the losses and we made a profit overall.
Some of the benefits of using this system rather than a risk-free method were:
Although it may seem that taking £2.00-£3.00 profit from a £50 stake was not worth it, it is still a 4-5% ROI and the small profits do build up quickly as you can see from our results.
Also you could just opt to bet on only the best of the best and go for the bigger profits. For example, we had profits between £8.00-£11.00 from some of our bets.
We would advise not to go mad and bet on every race you can find, but instead be selective and alternate which bookies you use. The profits soon add up!
Each Way Sniper has rightfully earned a place amongst our “Passed” systems.
Other Systems and Services which Passed
Each Way Sniper is a low-risk horse racing betting system which exploits EW markets. During our one month review, we made £149.83 profit from 37 bets (only 2 losing bets).