Each Way Sniper is a horse tipping service that shows how placing value bets can lead to long-term profits.
Mike informed us that he had actually been testing the system 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.
We decided to start testing the system ourselves, paper trading with £25 each-way stakes.
How Each Way Sniper Works
Each Way Sniper is a very simple system. All we had to do was place each-way bets at a bookie as usual - and that's it!
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.
However, 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:
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.
It is also worth noting is that this system does work on "gubbed" or bonus banned accounts.
We used the additional software to automate finding suitable races and this saved a huge amount of time.
Mike advised the best filters to use for the system, but we decided to tweak them slightly to try and prolong the life of our bookie accounts. After all, if you keep winning then bookies will eventually take action!
As it is a value based system, 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
Our aim was to try and find 3 “snipes” per day. We worked out that if we could do that every day, we could be making a risk-free profit of £170 a week. However, this didn’t quite go to plan as a couple of issues cropped up along the way.
Firstly, we found that the software kept bringing up matches at very high odds. This would draw the bookies attention to our bets, so we changed the filters to only show matches below odds of 19/1.
The next thing was to increase 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 and on some days we couldn’t find anything suitable to bet on at all.
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.
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!
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|
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.
The automated software to go with it was an additional cost for an annual pass. The software was not necessary, but it was a huge time saver and personally we found the process of finding suitable selections could become quite a chore without it.
There are pros and cons to every betting system, in this case the pros far outweigh the cons. 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).