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
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.
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.