All About Matka History

About Matka

Matka gambling, or Satta, is a form of lottery that originally involved betting on the opening and closing rates of cotton transmitted from the New York Cotton Exchange. It originates from before the era of Indian independence when it was known as Ankada Jugar (figures gambling). This system was replaced with other ways of generating random numbers in the 1960s, including pulling slips from a large earthenware pot known as a matka or dealing with playing cards. Matka gambling is illegal in India.

In the original 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. Ratan Khatri introduced the idea of declaring the opening and closing rates of imaginary products. Numbers were written on pieces of paper and were 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 are drawn from a pack of playing cards, but the name "matka" was kept. In 1962, Kalyanji Bhagat started the Worli matka. Ratan Khatri introduced the New Worli matka in 1964, with slight modifications to the rules of the game. Kalyanji Bhagat's matka ran for all days of the week, whereas Ratan Khatri’s matka ran only five days a week, from Monday to Friday. During the flourishing days 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 Central Mumbai. Central Mumbai became the hub of the matka business in Mumbai. The decades of the 1980s and 1990s saw the matka business reach its peak. Betting volumes in excess of Rs. 500 crores would be laid every month. The Mumbai police’s massive crackdown on the matka dens forced dealers to shift their base to the city’s outskirts. Many of them moved to Gujarat, Rajasthan and other states. With no major source of betting in the city, the punters got attracted to other sources of gambling, such as online and Zhatpat lotteries. Meanwhile, the 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 neighbouring towns, but since then, the numbers have declined substantially to less than 300. Of late, the average monthly turnover has remained at ~100 crore Rupees. The modern matka business is centered around Maharashtra. Matka Kings

Kalyanji Bhagat

Kalyanji Bhagat was born a farmer in the village of Ratadia, Ganesh Wala in Kutch, Gujarat. Kalyanji's family name was Gala, and the name Bhagat, a modification of bhakt, was a title given to their family by the King of Kutch for their religiousness. He arrived as a migrant in Bombay in 1941 and initially did odd jobs such as Masala Ferriwala (spice seller) to managing a grocery store. In the 1960s, when Kalyanji Bhagat was running a grocery shop in Worli, he pioneered matka gambling by accepting bets based on the opening and closing rates of cotton traded on the New York wholesale market. He used to operate from the compound of his building Vinod Mahal, in Worli. After Kalyanji Bhagat, his son Suresh Bhagat managed the business along with his wife Jaya Bhagat, whom he married in 1979.

Suresh Bhagat

On June 11, 2008, a truck rammed into a Mahindra Scorpio in which Suresh Bhagat and six others, including his lawyer and bodyguards, were travelling, killing all of them. They were returning from an Alibaug court, where the 1998 narcotics case hearing had been held. During investigations by the police, it was revealed that Hitesh Bhagat (Suresh Bhagat's son) and his mother Jaya Bhagat had hatched the plot to kill Suresh Bhagat. Hitesh and nine others, including Jaya, were arrested and were tried under the stringent act of Maharashtra Control of Organised Crime Act and subsequently convicted.

Ratan Khatri

Ratan Khatri, known as the Matka King, from the early 1960s to mid-1990s, controlled a nationwide illegal gambling network with international connections which involved several lakh punters and dealt with crores of rupees. Ratan Khatri Matka started in the bustling business area of Dhanji Street in Mumbadevi, where idlers used to wager on the daily trickle of the fluctuating cotton rates from the New York market. Gradually, it became a big gambling hub as the quantum of bets and betters increased. Due to a row over a winning number plus the New York market’s five-day week schedule, compulsive betters began looking for alternatives. Based on the requests of his friends, Khatri started his syndicate and started drawing three cards to decide the day’s number. Khatri's betting game was considered more genuine as the cards were reportedly opened in the presence of the patrons. During the emergency in India, Khatri was jailed and served 19 months behind bars. He has retired from the gambling business and lives near Tardeo; however, he still does visit the Mahalaxmi Racecourse to bet on his favourite horses.

Suresh Bhagat With His Wife Jaya Bhagat

Terminology

Term Meaning/Explanation
Matka: you'll ask why it's called Matka. This word is derived from Hindi, and it deduces earthen pot. Interior the past, Such pots were used to draw random numbers and make it simple to check. You'll discover this word a touch odd. As of present, this word is an alternative title for the game itself.
Single: you'll go with any digit a few put within the scope of 0 to 9 which consolidates wagering. Choose your lucky number and play your diversion to have a 1 in a 10 chance of winning the prize money.
Jodi/Pair: Jodi is a Hindi word that deduces a match. You'll choose any combination of digits within the scope of 00 and 99 recalling for Matka. You'll have a Jodi combine to appreciate tons.
Patti/Panna: there's another sort on the outline called Patti and Panna. A combination of three-digit results comes as wagering results. Moreover, along these lines inquisitively, each three-digit number is Patti/Panna. Besides, you'll go with fairly restricted three-digit numbers utilized, and this makes strides in the level of the wear.
Open result/close result: This one is stacked up with escalated. You'll not know the conclusion of the Matka market wagering portion without both two zones. Our website displays the results of many Matka markets.

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