Betting Sniper is a horse racing betting system developed by Luke Banks that claims to be able to generate massive income through the sport.
What does the product offer?
Coming in the form of a 17 page PDF, Betting Sniper is a rather crude betting system allegedly created Luke Banks. The system is very straightforward and can be applied to any flat or jump races with certain restrictions on some races. Realistically Betting Sniper should produce at least one bet per day with the method not being overly time consuming. Because of the methods that Betting Sniper employs, Luke Banks says that you can expect a high strike rate however there are no claims of a percentage for this, nor is there proofing to back up this claim. When you enter your details to get your free copy of Betting Sniper you will be directed to a page advertising a number of other services including The Winning Circle, 1 Pound Punt and Champion Bets.
How does the product work?
The method of finding selections that Betting Sniper employs is actually relatively straightforward. Essentially you find any horse in a given race that is odds on. Luke Banks then shows you a number of websites including the Racing Post and Sporting Life to see if they agree with this status as odds on favourite. You then look at previous races that the horse has been involved in and if a certain criterion is met, you can back said horse.
What is the initial investment?
As I have mentioned earlier, Betting Sniper is a free to access betting system with the resources that it uses also being free of charge. That having been said there is still some investment required. Luke Banks recommends using a 20 point betting bank to get established with Betting Sniper. As Betting Sniper is a free product there is no money back guarantee as there is no risk in trialling the service. It is worth noting that Betting Sniper is given away on the basis of restricted access for just 50 users however there is no evidence to suggest that this is actually the case.
What is the rate of return?
Luke Banks claims that since identifying the method that Betting Sniper uses back in 2008 he has made over £1 million. This is very much contrary to the claim that you will make a minimum of £56,679.72 over 12 months. In fact, assuming £1 million and 6 years, Betting Sniper should have made Luke Banks an average of £166,666 per year.
Conclusion
The fact that Betting Sniper is free and that as soon as you sign up for it you are directed to other betting products speak volumes. The system itself is crude and reliant on favourites coming in every time, something that frankly doesn’t happen enough to build a system round. Really, Betting Sniper is in place first and foremost to try and sell “premium” products, several of which I have looked at before (which weren’t exactly convincing). As far as free systems go, Betting Sniper may be worth some paper betting but I am not convinced that this method is really worth the time.
