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A shady, business transaction surprisingly gone bad with the potential of violence.

A venomous place.

A very unwelcome reception on the prospect of business, or even friendship.

Those of whom who deceptively seek gain in their home turf.
Raekwon's rap song "Snake Pond".

"Went to go see a potential client, never knew I was steppin' into a snake pond!"

"He got his shit jacked! Stepped in this here snake pond....SON!"

Yeah, don't go over there. Straight up Snake Pond!
by GUnitsLexicon February 22, 2012
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