LAKHPATI DAY or satta is a form of betting and lottery which originally involved in betting. this game original name is matka gambling or satta
LAKHPATI DAY or satta is a form of betting and lottery which originally involved in betting. this game original name is matka gambling or satta but it is popular in many cities with variety of names as per city culture and also include city name like –rajdhani starline, mumbai matka ,satta matka, kalyan starline , lakhpati day panel chart , Lakhpati day betting on the opening and closing rates of cotton transmitted from the New York Cotton Exchange to the Bombay Cotton Exchange. It originates from before the era of 1947 when it was known as Ankada Jugar (“figures gambling”). In the 1960s, the system was replaced with other ways of generating random numbers, including pulling slips from a large earthenware pot known as a matka.
LAKHPATI DAY ANCIENT TIMES
In the original form of the game, betting would take place on the opening and closing rates of cotton as transmitted to the Bombay Cotton Exchange from the New York Cotton Exchange, via teleprinters.
In 1961, the New York Cotton Exchange stopped the practice, which caused the punters to look for alternative ways to keep the matka business alive. A Sindhi migrant from Karachi, Pakistan, Ratan Khatri introduced the idea of declaring opening and closing rates of imaginary products and playing cards. Numbers would be written on pieces of paper and put into a matka, a large earthen pitcher. One person would then draw a chit and declare the winning numbers. Over the years, the practice changed, so that three numbers were drawn from a pack of playing cards, but the name “matka” was kept.
In 1962, Kalyanji Bhagat started the Worli matka. Ratan Khatri then introduced the New Worli matka in 1964, with slight modifications to the rules of the game with odds that were more favourable to the public. Kalyanji Bhagat’s matka ran every day of the week, whereas Ratan Khatri’s matka ran only five days a week, from Monday to Friday and later as it gained immense popularity and became synonymous with his name, it began to be called Main Ratan matka.
During the flourishing of textile mills in Mumbai, many mill workers played matka, resulting in bookies opening their shops in and around the mill areas, predominantly located in Parel in Central Mumbai and Kalbadevi in South Mumbai.
The decades of 1980s and 1990s saw the matka business reach its peak. Betting volumes in excess of Rs. 500 crore would be laid every month. The Mumbai Police’s massive crackdown on the matka dens forced dealers to shift their hiedouts to the city’s outskirts. Many of them moved to Gujarat, Rajasthan and other states. With no major source of betting in the city, many punters were attracted to other forms of gambling such as online and zhatpat lotteries. Meanwhile, some rich punters began to explore betting on cricket matches.
In 1995 there were more than 2,000 big and medium-time bookies in the city and neighboring towns, but since then the numbers have declined substantially to less than 300. During the 2000s, the average monthly turnover has remained around Rs. 100 crore. The modern matka business is centered around Maharashtra.
To play, a gambler chooses three numbers between 0 and 9. The three chosen numbers are added together and the second digit of this resulting number is noted down alongside the original three chosen numbers. This leaves the gambler with four numbers, from which point they may bet on the various likelihoods of the numbers or number sequences appearing or being chosen from the pot
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