What is Satta Matka? Origin of matka gambling or satta (2023)

Satta Matka: A Brief Overview

Satta Matka is a popular betting game that originated in India in the 1950s. It is a form of gambling that involves betting on the opening and closing rates of cotton traded on the New York Cotton Exchange. Over time, the game has evolved to include other forms of gambling such as betting on the opening and closing rates of other commodities as well as betting on cricket matches.

The game has gained widespread popularity in India and other countries, especially among the working class and people looking to make quick money. The game is often played in underground circles, and its legality is a matter of debate. Despite this, the game continues to thrive, and many people continue to play it.

The Origin of Satta Matka

The origins of Satta Matka can be traced back to the 1950s when people used to bet on the opening and closing rates of cotton traded on the New York Cotton Exchange. The game was initially played in Mumbai, and it quickly gained popularity among the working class. The game was played by writing numbers on slips of paper and placing them in a matka, which is a clay pot. The numbers were then drawn from the matka, and the winning number was declared.

Over time, the game evolved to include other forms of gambling, such as betting on the opening and closing rates of other commodities. The game also began to be played on a larger scale, and the betting amounts grew larger. However, the game remained largely underground, and its legality was always a matter of debate.

How to Play Satta Matka

Satta Matka is a simple game to play. The game is played by choosing a set of numbers and placing a bet on them. The numbers can be chosen from a range of 0-9, and players can choose as many numbers as they want. Once the numbers are chosen, the player places a bet on them, and the game begins.

The game is played twice a day, with the opening rates announced at noon and the closing rates announced in the evening. The winning number is determined by the last digit of the total of the opening and closing rates. For example, if the opening rate is 4 and the closing rate is 9, the winning number is 3 (4+9=13, and the last digit is 3).

The payouts for the game are determined by the odds of winning, and they can vary depending on the number of players and the amount of money being bet. The game is typically played for large sums of money, and the payouts can be significant.

Is Satta Matka Legal?

The legality of Satta Matka is a matter of debate. While the game is technically illegal, it continues to thrive in underground circles. The government has made several attempts to shut down the game, but it has proved to be a difficult task.

The game is often played in areas with high poverty rates, and many people see it as a way to make quick money. However, the game can be addictive, and many people end up losing more money than they win.

In Conclusion

Satta Matka is a popular betting game that has been around for several decades. While the game is technically illegal, it continues to thrive in underground circles. The game is often played for large sums of money, and the payouts can be significant. However, the game can be addictive, and many people end up losing more money than they win. As with any form of gambling, it is important to exercise caution and bet responsibly.