I was using Betrader Pro till Baghwan and ChromePrince mentioned Fairbot. After the trial period I've happily paid for the Registered version. The Binteko Customer Service is good too. I asked if it's possible they could add the matched amount per runner/entry on the front panel(like BetTraderPro), instead of clicking to open the screen with that info. They responded fast and said 'yes, good, it'll be in the next version'! (Whenever that is).

On the UK races I back/lay early then hope for the Hedge, and green up as often as I can, even if it's small amounts.

I'm also at times laying a vulnerable favorite, and backing it for place, hoping for the 'double collect' if it runs 2nd/3rd.
The basics still hold true though. Do the form, find the risk/value.

But that's horse racing. Huge trading can be done on Tennis matches, snooker etc etc. I'm currently reading a book called 'the definitve guide to betting exchanges', written by the RacingPost team. There's a chapter on each main sport by a different writer. The statistics some pros keep on e.g Golf Players, to help make their play, makes you realise there are many serious players out there against you.

Anyway gotta go now, ManUnited-Barcelona trade beckons!