What is Satta Matka?
Satta Matka, Matka gambling or Satta was a full-fledged lottery game. It started in the 1950s just after India’s Independence. At that time, it was known as ‘Ankada Jugar.’ It evolved with time and became completely different from what it was in the beginning. However, the name ‘matka’ stayed. The modern-day Matka gambling/ Satta King is based on random number selection and betting.
When did Satta Matka originate?
Satta Matka originated in the 1950s. At that time, people used to place bets on the opening and closing rates of cotton that were transmitted to the Bombay Cotton Exchange. This cotton came from the New York Cotton Exchange, via teleprinters. In 1961, the New York Cotton Exchange stopped the practice. This caused the punters or gamblers to look for alternative ways to keep the Satta Matka business alive. In the 1980s and 1990s, the Matka business reaches its peak.
Where did this game originate?
When textile mills started flourishing in Mumbai, many mill workers played matka. This resulted in bookies opening their shops in and around the mill areas. It was exactly like this that Central Mumbai became the hub of the matka business in Mumbai.
How was this game played?
In Satta Matka numbers from 0-9 would be written on pieces of paper. This was then put into a matka, a large earthen pitcher. One person would then draw a chit and declare the winning numbers. Over the years, as times changed, the practice did too. However, the name ‘matka’ remained unchanged. Now, three numbers are drawn from a pack of playing cards. The person who wins a great deal of money from matka gambling is known as a ‘Matka King.
Is this game legal in India?
Gambling is illegal in India for a long time now. However, it’s expected to be under legal terms within the close to future. ‘Satta’ is usually termed in India from the Hindi conversion of the term ‘Gambling’. But the term ‘matka’ refers to a pot that is used to draw numbers. Such are contend using cash and therefore are illegal in India.
Though, very before long it’s expected that each of these activities is planning to be legalized in India. This might be a form of good news for gamblers across the country. The Satta market is on the verge of obtaining legalization if the recent reports of the CMS commission are to be believed.
What will happen if Satta is legalized?
The CMS recommendation states that, if somehow Satta is legalized within the country the administration will impose their powers below Article 249 or Article 252 for assimilatory sporting and gambling in their communal structure. Along with it, things may go below GST as well wherever the people who win a sizeable amount can pay GST to the government.
An outstanding share! I’ve just forwarded this onto a colleague who had been doing a little homework on this.
And he in fact bought me breakfast simply because I discovered it for
him… lol. So let me reword this…. Thank YOU for the meal!!
But yeah, thanx for spending the time to talk about this subject here on your site.