How I use Sneak:
I use sneak for every single battle. Normal battles in the field and Boss fights.
1. I position my party slightly away from the mobs, or at a choke point if there are a lot of mobs.
2. My Wizard will break chains with party and initiate Sneak.
3. I press F5.
4. I get to max range with the mobs and usually teleport a Ranged mob into two other mobs by finding the sweet spot with the teleported mob landing or cast Fireball if I can hit 4+ mobs at one time.
Using the above method will usually allow me to kill or seriously injure 2 to 5 mobs before the fight starts.
Hope that helps!