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Satta Matka for Quick Earning

Satta Matka has not been here centuries ago; in fact, it is new phenomenon and according to those who have done research on the history of the game tell that it started in and around Mumbai. The researchers found out that the satta Matka business in Mumbai and neighboring areas had for long been synonymous with Rattan Khatri, a Sindhi who migrated to Mumbai from Karachi after Partition – he died recently.

A report from DNA, a daily published from Mumbai claims that Rattan Khatri and other punters would bet on the opening and closing rates of cotton transmitted to the Bombay Cotton Exchange in Sewree by the New York Cotton Exchange via tele-printers. Thus, it was earlier limited to cotton prices; however, when it came 1961, the New York Cotton Exchange stopped the practice. All the punters in Mumbai including of Rattan Khatri were left jobless.

Emergence of Satta Matka game and its popularity now

As punters in Mumbai were left high and dry, they were restless for some time; however, soon Khatri floated a novel idea of declaring opening and closing rates of imaginary products. This was an innovate idea that led to Satta Matka. Those days numbers would be written in pieces of paper and put in a big pitcher, which is called Matka in Hindi and Marathi. Once it was set in the city, there was looking back, when Rattan died he had a lot of fortune.

Socio economic conditions of Mumbai also contributed a lot in the popularity of Satta Matka game in and around Mumbai. Those days there were dozens of textile mills in Mumbai where millions of workers making good money. Satta Matka became popular among them as it attracted them with promise to make money quickly.

Rise of Satta Matka Game

Once Satta Matka got traction among mill workers, it also started attracting attention from middle class people who were looking for income outside their salaries or businesses. The game was so popular that a number of people started satta Matka games and scores of bookies came to existence. According to some estimates in the 1980s and 1990s, over Rs500 crore would be laid as bet every month in Satta Matka games.