Satta Matka Gambling


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Content


History


Satta Matka started in the 1950s when people started using teleprinters to send wagers on cotton opening and closing rates from the New York Cotton Exchange to the Bombay Cotton Exchange. The New York Cotton Exchange prohibited the practice in 1961,

which forced the punters and gamblers to find other ways to retain the Satta Matka business alive. Kalyanji Bhagat introduced Worli Matka to India for the first time in 1962. In 1964, Rattan Khatri invented the New Worli Matka.

introducing minor changes to the game's regulations. From Monday through Friday, Rattan Khatri's matka was only held five days a week, whereas Kalyanji Bhagat's Matka was held numerous days a week..

The market industry reached its pinnacle in the 1980s and 1990s. Each month, betting volumes of Rs. 500 crores were placed. The Mumbai Police Department's massive crackdown on matka dens forced vendors to relocate to the outskirts of town.

Many gamblers relocated to Gujarat, Rajasthan, and other countries. Due to a lack of appropriate gambling options in town, gamblers have turned to alternative kinds of entertainment, such as online and zhatpat lotteries. Meanwhile, the affluent gamblers began their investigation by wagering on cricket matches

When Mumbai's textile mills started gaining popularity, many mill workers started playing Matka, which helped the bookies opening up shops in and around the mill regions. Central Mumbai became the prime centre of the matka business in Mumbai.

Gap between Tradition and Modernity


Satta Matka, also known as Matka gambling or satta, started out as a lottery game in the 1950s, just after India attained independence. It was previously named as 'Ankara Jugar'. It underwent significant changes and became very different from the first. Although the name ‘matka' remained. The modern-day Matka gambling is based on the picking and betting random numbers.

Different numbers ranging from 0 to 9 were inscribed on different pieces of paper and put inside a matka, a huge earthen pitcher. One person draws a chit and announces the winning numbers. Three numbers are usually chosen from a deck of cards. A person who has won a large sum of money from Matka gambling is announced as the 'Matka King'. .

Maharashtra is the prime centre of the modern matka industry. In 1995, the town and surrounding cities had approximately 2,000 large and medium-time bookies. Since then, the numbers have plummeted to less than 300. Naturally, the monthly revenue has remained stable at roughly Rs.500 crore (approx).

Matka Kings


Kalyanji Bhagat

In the village of Ratadia, Ganes Wala in Kutch, Gujarat, Kalyanji Bhagat was born as a farmer. Gala was Kalyanji's surname. The name 'Bhagat,' a variant of bhakt, was given to their family by the King of Kutch to represent religious devotion. He arrived in Bombay as a migrant in 1941 and worked in various vocations, including masala ferriwala and grocery store management.

When Kalyanji Bhagat had a grocery store in Warli in the 1960s, he pioneered matka gambling by collecting bets on the opening and closing prices of cotton traded on the New York and Mumbai wholesale markets. He used to run his business out of the grounds of his Warli building, Vinod Mahal. After Kalyanji's death in the early 1990s, his son Suresh Bhagat took over the firm.

Suresh Bhagat

Suresh Bhagat, Mumbai's'matka king,' was assassinated on June 11, 2008, giving the term 'hostile takeover' a whole new meaning. Once assumed to be a glorified lottery system, Matka has finally proven itself to be a deadly game to play, where contracts are paid, people are killed, and deception is the standard. The killing happened when a truck slammed into a Mahindra Scorpio, murdering Suresh Bhagat and his passengers, including his attorney and bodyguards

They were leaving an Alibaug courtroom where a narcotics case from 1998 was being heard. During their investigations, authorities discovered that Hitesh Bhagat (Suresh Bhagat's son) and his mother Jaya Bhagat plotted to kill Suresh Bhagat. Hitesh and eight others, including Jaya, were apprehended and tried under the Maharashtra Control of Organized Crime Act and convicted.

Rattan Khatri

Ratan Khatri dubbed the "Original Matka King," ran a nationwide illegal gambling network with worldwide ties from the early 1960s until the mid-1990s, involving tens of thousands of gamblers and millions of rupees. Khatri's matka syndicate began in Mumbadevi's busy business district of Dhanji Street, where idlers bet on the daily stream of fluctuating cotton rates from New York. As the number of wagers and betters increased, it gradually grew into a major gambling centre. Khatri formed his syndicate in response to his friends' wishes and drew three cards to determine the day's number. Khatri used to draw three cards twice a day, at 9.00 p.m. (the 'open') and 12:00 a.m. (the close).

To arrive at a winning number, the value of the open and close cards would be added together. The statistics would be broadcast to all of the country's and world's betting centres. Returns on a 25 paise bet were at least Rs. 2.25 or more. Khatri's wager was thought to be more legitimate because the cards were allegedly opened in front of customers. The Satta Matka craze overtook Bombay in the 1969 to 70s and 1981s, lasting until the police cracked down in the 1990s. He was apprehended and sentenced to 19 months imprisonment. He lived near Tardeo after retiring from the gaming business. However, he continued to gamble on his favorite horses at the Mahalaxmi Racecourse. On May 9, 2020, he passed away.

Terminology


Term Meaning/Explanation
Matka The term matka is based on a phrase to get an earthen pot. Such pots were utilized previously to draw the amounts.
Single Any digit between 0 and 9 which entails in Satta gambling.
Jodi/Pair Any Set of 2 digits between 00 and 99 Entails in matka (e.g.: 52)
Patti/Panna A 3 digit response comes as gambling result. All 3 digit number are patti/panna. Just restricted 3 digit numbers are utilized.
Open result / close result The result of matka gambling is split to two parts. The first component is known as open result and the next component close result..
SP/DP/TP SP mean by Single Patti e.g: 123, DP known as (Double Patti) e.g 112 TP known as Tripple Patti e.g 111
Cycle Patti The Final two digit of the patti Is Popularly called the cycle patti or cp (e.g. when the patti is 128, the cycle patti is 28)
Farak The Farak is the Way many Gap from Closure result to open result (e.g.if That the jodi/pair is 57, 7-5; the farak is Two; another:"73" is 13-7 - 6 )
Berij The Berij is last digit of jodi's/set's amount. (e.g. if set is 76, berij is 7+6 = 13; final digit is 3; signifies berij is 3)

Influences in Bollywood


The Matka Kings have also made an impression on Bollywood. Ratan Khatri inspired the character of Premnath, who played the main role in Hindi Movie ( Bollywood filmmaker ).

Feroz Khan's film Dharmatma (the first Indian remake of the film The Godfather). Just as in the movie, Ratan Khatri was known for helping everyone.