History of satta matka game
The history of the Satta Matka game traces back to the pre-independence era in India. While the exact origins are not well-documented, the game has roots in the practice of placing bets on the opening and closing rates of cotton transmitted to the Bombay Cotton Exchange from the New York Cotton Exchange.
Here’s a brief timeline of the history of Satta Matka:
- Pre-Independence Era: Satta Matka’s origins can be linked to the practice of betting on the opening and closing rates of cotton traded on the Bombay Cotton Exchange during the 1960s.
- New York Cotton Exchange Closure (1961): With the closure of the New York Cotton Exchange in 1961, the method of betting on cotton rates needed an alternative. Ratan Khatri, a farmer from Kutch in Gujarat, took this opportunity to introduce a new form of betting.
- Emergence of Satta Matka (1962-1964): Ratan Khatri introduced a new system where random numbers were written on pieces of paper and placed in a matka (an earthen pot). These numbers would then be drawn, and bets were placed on the combination of numbers.
- Popularity and Expansion (1960s-1980s): Satta Matka gained immense popularity during the 1960s and continued to thrive through the 1980s. The game became a significant part of Mumbai’s gambling culture.
- Regulation and Crackdowns (1990s): With the rise in illegal gambling activities and the associated social issues, the government started cracking down on Satta Matka operations. The game was banned in many states in India, leading to a decline in its popularity.
- Shift to Online Platforms (2000s-2010s): Despite the crackdown, the game persisted in various forms. With the advent of the internet, Satta Matka moved to online platforms, allowing players to participate from the comfort of their homes.
- Legal Challenges: Satta Matka remains illegal in many parts of India, and legal challenges against the game continue to be a part of its history.
It’s important to note that while the game has a historical background, its illegal and unregulated nature has led to various social and legal issues. Participation in Satta Matka is discouraged due to its association with illegal gambling and potential harm to individuals and communities.