Written by a man who taught his young children to trade as proof to himself that he could teach anyone to become a successful trader, Pro Exchange Trader is a neat manual packed with solid advice. Designed so both novices and experienced traders could benefit, Dave Walton’s manual focuses on various different trading methods for different sports.

What you will learn is how to make money by trading yourself. You won't be making bucket-loads to start with if you are new to trading, but the principles explained in the manual are logically sound and have been proven to work. With practice and disciple, however, one should be able to profit from them. As the old saying goes, ‘give a man a fish and he will survive a day, but teach a man how to fish and he will survive a lifetime’ (something like that anyway!) and this is applicable in demonstrating what Pro Exchange Trader attempts to accomplish.

The manual is fairly concise, consisting of 45 pages in total. Among other topics, there is a section for beginners explaining the basic concepts of Betfair and Walton also discuses trading methods for horse racing and a few other sports. He has a section dedicated to trading in-play, reveals both basic and advanced ideas on how to respond when a trade goes against you and also writes of possible arbitrage opportunities.

Also, included is a section on ‘ramping’. For those who are unaware, ramping refers to conning other betfair punters into backing or laying a selection, for the benefit of your trade, via the betfair forums. When I saw ‘ramping’ in the chapter heading, I assumed the manual would be warning people from falling into such traps, but I was shocked to see this being condoned in the manual. For me personally, it was not a tactic I ever used or will use for moral reasons, however, making money can sometimes be a ruthless business and ramping will give you an edge in making profits, so I can see why he's included that section and Walton’s honesty to admit that he has used this tactic is admirable.

One aspect of Pro Exchange Trader than endeared me was the way no wild claims or promises to make people fortunes are made (don’t assume this means the product isn’t good, however). I found this both refreshing and commendable. However, I feel it is only right for me to mention that the claims in the advertising that the manual covers Rugby League and Union are somewhat false. There is a section discussing the sports, but it's only a paragraph long and may mislead people. Still, the liquidity for this market is relatively low, meaning you don’t miss out on much anyway.

On his site BetExchangeTraders, Dave also offers a subscription service to some trades he outlines. He kindly offered me a free trial and overall I was impressed. In all honesty, I think even Walton would admit that a few too many of the trades went against him, but, overall with level stakes on each trade, a small profit would still have been achieved. The ironic thing, however, was that even though the trades had to be stopped for loss saving purposes, the events still occurred how Walton predicted, proving the talent is there. For example, for the 3rd place game in the 2006 World Cup between Portugal and Germany, he advised backing the over 2.5 goals market and trading out after an early goal. The game had 4 goals so the bet would have won, but unfortunately, the first goal didn’t come until the 55th minute and, as he advised trading out for a loss after 35 minutes if there were no goals, no profit was made. Anyway, I suspect it was purely coincidental that my trial of his subscription trading advice happened to be during a time of slight inconsistency and I have no doubt that it is just a little blip. After all, a quick scan on the sites forum and it becomes obvious he has some strong supporters, grateful for his services.

With regard to customer service, I can report no problems whenever I tried contacting for help. I got in touch several times and received a helpful reply promptly within the next 24 hours every time. Furthermore, as well as an email address, you can also receive help on the sites forum as well as more information on general trading topics.

To summarise, there are some golden nuggets of information in the package and some ideas that had never even crossed my mind. £115 is by most people’s standards a meaningful amount of money and Pro Exchange Trader is a lot more expensive than many of its competitors, but then you generally get what you pay for and if your financial position means you’ll struggle to purchase the system, then the chances are your betting bank might not be large enough to capitalise on the advice by making meaningful profit (having said that, people testify to have only a bank of £25 and still covering their expenses in purchasing the system, shortly aftwerards). The fact that Walton was happy in allowing laytheodds to review this product suggests confidence and belief in what he sells and he has every right to be confident, because the simple fact is that the manual has information that will teach you how to trade successfully. Several sports are covered and although no revolutionary discoveries are revealed, Pro Exchange Trader offers the relatively new trader a good resource of information on how to trade like a pro.

All in all, Pro Exchange Trader is sound advice from one of the top traders in the industry.