Make sure you know what you are doing
This is self-explanatory satta matka, but its paramount that you read and re-read this article before you even look into starting any matched betting. You need to understand that you are doing this to try and gain the Bookmakers bonuses, and maybe when you get used to it you can have a go at Arbitage betting too. You must understand that you can lose a lot of money if you do things the wrong way, such as forgetting to Lay an event, or by Laying the wrong event. You have to be very careful in your actions by taking your time over things, and double-checking your figures.
Stick to familiar sports and markets
You have probably noticed by now that every example written on this website involves football. This is because it is believed to be the ‘safest’ sport to bet on, in terms of the rules at the Bookmakers and the Exchanges. For example, in a sport like tennis, its quite possible that a player could retire during the match due to an injury. Some Bookmakers might have one set of rules for this event occurring, and decide not to pay out on the winner, and an Exchange might have different rules too. Also with horse-racing, if a horse is a non-runner and pulls out, the rules can again change depending on the Bookmaker. By all means you can bet with other sports than football, but just make sure you are familiar with the rules. Football is deemed to be pretty safe, in the way that most Bookmakers and Exchanges employ the same rules, so its rare that something would go wrong.
You must also make sure that you are familiar with the market that you are betting on, as again the rules can change depending on the Bookmakers or Exchange. Make sure if you back an event on a certain market at the Bookmakers, you are laying the same one at the Exchange. Also, sometimes the commission rates at the Exchanges will change for certain markets, so be careful of this too – you could be losing out on some extra money if you forget to knock the commission rate down to %3 in some cases.
Be Wary of your Commission rate
I mentioned earlier the changing commission rate on certain markets, this can also apply to the whole Exchange. For example Betfair is %5 for the majority of markets, so you will need to enter this value into your calculations for the lay. However if you were to use an Exchange called Mansion, I think their default value is about %1. You must make sure that you are entering the correct value for the commission rate at the Exchanges that you use, or else you could miss out on extra money.
I know that Betfair runs a scheme at the moment whereby if you spend so much at their Exchange, your commission rate can be reduced. You must be aware of these sorts of things otherwise you will not be able to maximise your earnings.