Origins of Satta Matka
“Satta” literally means gambling. The terminology has been in use since a very long time in the India. Satta Matka started off as a lottery in which people bet on the opening and the closing rates of cotton which was been transmitted from the New York cotton Exchange. The cotton rates were sent to Bombay Cotton Exchange through teleprinters. This had been in existence even before the Indian Independence!
Over the years, this got replaced with alternative ways of generating random numbers such as pulling out slips from a large pot generally known as the ‘Matka’. Thus, the name Matka Gambling became famous. Indian Matka or Satta Matka is completely based on random selection of numbers and bidding.
In order to win, you must bet on the lucky number. The game requires you to choose the correct number to win the game and to become the ‘Satta’ king. The game is quite rewarding as the winner takes all, and this can be a big financial gain for any individual. Basically, the result of the ‘Satta Matka’ is dependent on making the right number choice.
How to play ‘Satta Matka’?
- Ratan Khatri, the King of the Satta Matka from the 1960’s to 1990’s had introduced the idea of declaring the opening as well as the closing rates of imaginary products.
- In the game, numbers starting from 0 to 9 would be written on small paper pieces and put into a matka, an earthen pot or pitcher. A person would draw the chit and then announce the winning numbers.
- Over time, the game saw few changes in terms of its rules and practices. Instead of drawing random number, the game was now played by drawing three random cards from a deck of playing cards and using the numbers present on them.
- In the year 1962, Kalyanji Bhagat another king of the Satta Matka and also a grocery shop owner from Worli, came up with the Kalyan Worli Matka. In this, even the beggars could place wagers with as little as Rs. 1.
- Within a span of two years, Ratan Khatri introduced the New Worli Matka in the year 1964 but with few modifications to the original rules of the game.
- The Matka of Kalyanji Bhagat used to run on a daily basis. However, Ratan Khatri’s Matka used to run for only six days in a week.
- When Bombay saw the growth of textile mills, several mill workers also started played Matka. This led to bookies setting up their shops near the mill areas. This is the reason why Central Mumbai became the hub of the Matka business.
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Satta Matka 