Satta King or Matka Gambling is a lottery-based game and was started in the 1950s when India gets its liberation. Right then, it was famous as ‘Ankad Jugar.’ The game has evolved over the decades and is different than it used to be in the starting; however, the name ‘Matka’ is still the same. Between 1980 & the 1990s, Matka business reached its heights (approximately 500 crores turnover per month) before the massive strike of Mumbai Police on the Matka system. After the strike, some people switched to betting on cricket and others went for lottery games.
Ratan Khatri, apparently, is known as the founder & king of the Satta Matka game.
Dive into Satta Matka history
Originated in the 1950s, Satta Matka was all about people betting on opening & closing rates of cotton, transmitted to BCE (Bombay Cotton Exchange) right from NYCE (New York Cotton Exchange) through teleprinters.
But, in 1961, the NYCE stopped participating in Satta Matka that led gamblers or punters to find another way for keeping Satta King or Satta Matka alive & functional.
How exactly Satta King is Played?
Ratan Khatri came up with this amazing idea of declaring opening & closing rates of unreal products.
From 0 to 9, all the numbers are written on the paper and entered into a Matka (a gigantic clay jug). Then a chit is drawn by a person and the winner is declared.
Now, the game, as well as the entire practice, has been changed except for the name Matka. Today, three numbers are drawn from playing card deck.
In 1962, a grocery store owner named Kalyanji Bhagat from Worli stated a new version of the game and named it Kalyan Worli Matka in which even the underprivileged were able to bet and win.
In 1964, Ratan Khatri also introduced a new version named New Worli Matka with a few modifications to the game rules.
Ratan Khatri’s Matka was played only 6-days a week, but Kalyanji Bhagat’s Matka was played every day.
Later, Mumbai became the central hub of Matka game as workers of the textile mills were able to play the game by betting with a small amount as rupee 1. With 500 crores per month turnover in the 1980-1990s, Mumbai Police stroked on the business and forced dealers to shift their hubs to the outside of the city. Many dealers moved to Rajasthan, Gujrat, and many other states of the country.
As time passed, police started overruling the Satta business even more. Another setback was made in 2008 when Suresh Bhagat (Son of Kalyanji Bhagat) was murdered.
Satta King & Black Satta King is a great time pass and a source of earning, but it has evolved with a long & some dark history.
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