
History of Satta Bazar - The Gambling Era
The Satta Matka Company was started by Ratan Khatri in 1960. The concept of “Satta” or gambling started from Mumbai and then became very popular across the globe in countries like Pakistan, Nepal, Bhutan, Singapore etc.
Ratan Khatri – The
Satta Master, was very popular at that time and during 1960s he was at
the peak of betting game in India. His monthly earnings were more than 50 crore
rupees. Regular news articles and fast profits earned by common people resulted
in increasing public interest during the 1960s
and continued into the first decade of the new millennium.
When gambling was
started, it was mainly played by the textile and factory workers in Mumbai
because of their low salary wages. Eventually, Satta became popular in India
and people from all walks of life were trying their luck in Satta bazar.
Ankara Jugar, the founder of Satta king, came up with the
idea of betting prior to the independence of India. The name was given in
Marathi language, which means “the game of pieces”
The Satta numbers
game allows you win 90 rupees for every 1 rupee invested, you get 95% of the
winning amount and the rest 5% is charged as commission. The Satta Matka is
very profitable gambling game and by playing smart you can make tons of money
by betting on Satta-king game.
The
Ultimate History of Satta Matka
·
The
numbers gambling was first started in 1960s, where the earlier version of the
game consists of drawing numbers from a Matka (pot of sand) or
dealing playing cards. Initially, Satta-Matka
followed the rules of the New York Wholesale Market, and
was run 5 days a week.
·
Satta
matka business was based entirely on the New York Cotton Stock Exchange.
·
It
was very famous amongst the textile mill workers in Mumbai and many factory
workers were attracted to Matka Satta. This resulted bookies to open their
shops in and around the factory areas, which were mainly located in central
Mumbai.
Soon
after, central Mumbai became the centre of the Satta Business. The satta gambling
business was based entirely on the New York Cotton Stock Exchange. After few years, the business was
discontinued and Satta Bazar business gradually began to decline in late 1960s.
·
To
continue the Satta Business business bookie developed imaginary game on
openings and their closing numbers were negotiated through the lottery. Soon
the organizers and betting providers (punters) were looking for better gambling
opportunities.
·
During
1970s, two well-known names came across in the game of gambling who restarted
the numbers game again in Mumbai. These names were “Kalyan Bhagat”
and “Ratan Khatri”.
Kalyan Bhagat - The
Matka king
In 1962, the
Worli Matka was first introduced by Kalyanji Bhagat. He was born in a
farmer’s family in small village and was raised in the state of Gujarat. Kalyan
Bhagat started doing odd jobs when he first arrived in Mumbai. He ran a grocery
store in Mumbai in the early 1960s and started the game of Matka by accepting
bets based on the open and closed cotton rates of the New York cotton exchange.
He operated from his own store and soon became a popular figure in the gambling
business. Kalyan’s Matka business ran every day.
Ratan Khatri – The
Satta Master
Ratan Khatri,
also known as Matka King, controlled national gambling networks with
international connections. In 1964, he introduced the New Worli Matka with some
adjustments to the rules of the game. Soon his Matka business stepped out of
the busy Dhanji Street Mall in Mumbai and relied on fluctuating New York cotton
exchange rates.
Due to the New
York market's five-day-a-week schedule, regular bettors looked for other
options. Inspired by this, Ratan Khatri began drawing three cards to determine
the day's winning number. Ratan Khatri’s Matka game soon became very popular
with merchants as it was considered to be a real one. Ratan Khatri’s Satta game
was only operated five days a week from Monday to Friday.
The Growth of Satta-Matka Business
During 1980s and 1990s,
the betting business, which involved large amounts of money, grew tremendously.
During these years, the Kalyan bazar organization experienced its greatest
historical earning in the numbers game business. People started investing more
than 500 Rupees per month, which was significant amount at 1980s.
Over the time,
this gambling business has changed and introduced with new rules and
compensations for gamblers or “sattebaaz. These rules are still followed in some
parts of India. However, the Matkas (Pot of mud) are no longer used to
draw numbers. Only cards are used to
draw a winning numbers these days. Three cards are drawn to determine the
winning number for the day.
The draw is
conducted twice in a day, one in the afternoon and another in evening. An
imaginary number is selected and the numbers are drawn relative to the card.
The bingo numbers are in different sequences and are selected at random by
choosing playing cards in the presence of the customers. The gambling is a well-organized
and completely fair game based solely on luck.
Transformation
of Satta Game from offline to online
Offline Satta
In earlier days,
the bookie used to write a number on a piece of paper called “Chitti and gave
it to the bettor or investor. The bookie then rewrites same number on a diary. At
evening, the chitti’s were drawn and the lucky winner numbers were announced.
The next day the winning number player gets the winning amount in cash.
Online Satta
In 1995, the
Kalyan Matka investors were moved out of the state by the Maharashtra State
Police Authority in a short span of time. While all the major matka bazars in
the city were closed due to Mumbai police raid at the location, many investors
committed suicide as Satta was the major source of income for them. Due to
this, people began looking for other betting options.
Gamblers soon
turned to internet gambling options such as Satta-king. During this time,
millions of wealthy investors found better alternative methods of playing and
betting the game through the live game of cricket. In few years, betting on
game of cricket became a trend in India.
There are many websites
that allow you to play betting games online at the same time for tips and ideas
on the numbers to bet on. One such website is Satta-king.pro, it
allows you to choose lucky Satta king numbers that guarantees to give great
results when playing online satta. The Satta-king online game gives you all the
possibilities to get a lucky number that you can use to win the lottery.
This article
provides a brief history of “Satta” or gambling in India. By now you might have
got a clear perspective of how the betting or Satta game has transformed from
offline to online games. The satta bazar is still running successfully across
the world and people who invest and play smart are earning substantial profits.
Once you get to know how the Satta business operates, you can be the next
millionaire in no time.