I don’t work with venomous snakes, but I have a friend who collects, keeps and milks them so I’ve picked up a bit of second hand knowledge.
There are three main types of snake venom:
Neurotoxin - Affects the nerves and brain, and therefore muscles and breathing. The king cobra is a good example of pure neurotoxic venom. Either it
Cytotoxic – I prefer the term digestive venom since it breaks down the cells. This is usually used in combination with other toxins since the digestive enzymes also help get the venom to the blood system. The rattlesnake is a good example of this. Rattlesnakes actually use the venom as part of their digestion so when feeding it will inject a lot more venom than when it is just trying to make you go away. A rattlesnake with its venom glands removed will need to eat more since without the digestive enzymes in its venom it doesn’t get as much nutrition from its food.
Hemotoxin – Affects the blood. I don’t like this classification since it is based more on what cells the venom affects than how it actually works. A venom that stops the heart is probably a neurotoxin, and one that breaks down red blood cells is probably a digestive venom. However, some hemotoxins will also cause, or prevent blood clotting.
Even a small amount of a digestive venom will cause harm to your body, so trying to build an immunity to rattlesnake venom will really cause local scaring in the muscles and blood vessels. It will help protect you from some of the neurotoxic or hemotoxic affects, so it will help you survive a bite but the damage you will do to your body it’s quite a price to pay to protect yourself in the unlikely event that you get bitten (even if you keep rattlesnakes as pets and therefore have a much greater chance of getting bitten, I still don’t think it’s a good idea).
Neurotoxins tend to either kill you or not, so it is possible to inject small, but gradually increasing, amounts of them to build up a stronger immune response. Unfortunately this resistance fades over time (it’s gone in roughly a year), so unless you have a ready supply of snake venom to keep giving yourself monthly doses this isn’t practical. Then again, unless you have a snake handy there isn’t much need to be immune to the effects of the venom.
It also appears that it isn’t possible to develop a resistance to some venoms. For example, there is one venom that causes a massive drop in blood pressure which this doesn’t kill you, it just makes it impossible to do anything but lie on the ground for a few hours. This venom appears to be almost identical to the chemicals that the body uses to regulate blood pressure, so anyone who was immune to effects would probably die from high blood pressure.
Since my friend had a king cobra he decided to actually try and develop an immunity to the venom. He started by milking the cobra, diluting the venom and then figuring out the smallest amount it would take to kill a mouse (on hand to feed the snakes). This was the initial amount he injected. Every week he would slightly increase the dose until it was up to a dose that would probably kill a person. He never planned to work up to the dose from a full king cobra, since that would require a lot of milking and he didn’t see a need since if he could take large dose with no adverse affects, then he would likely survive a full bite. He had to get rid of the cobra so he never finished this project.
A few other notes:
For treating a neurotoxic snake bite on an arm, wrap the arm with a few tensor bandages from the shoulder to the wrist and keep the arm still. You aren’t trying to stop blood circulation, you’re just trying to stop the venom from spreading through the lymph system. Then relax, think about next steps. This will give you several hours before the venom affects your brain, lungs or heart. With a digestive enzime this won’t help - get medical attention quickly.
In the US, the standard snake anti-venom is made for a range of rattle snakes. This means that it will do nothing for you if you’ve been bitten by a cobra. Unfortunately most hospitals don’t know this, and don’t have other anti-venoms available, so they will give it to you anyway. So if you are bitten by a cobra, start calling the reptile zoos in the area to find a suitable anti-venom.
If you are given the standard US anti-venom and survive you will now have an allergy to horses (and it you get given the anti-venom again you’ll almost definitely go into anaphylactic shock). This is because the venom is produced using horse antibodies and the manufacturing process leaves a lot of other horse proteins in the anti-venom. There are better manufacturing processes that don’t leave horse proteins behind but no one has had the money to go through the drug approval process.