What is Satta Matka Game?
Matka gambling or satta or satta matka is a form of lottery which 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"). 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 or dealing playing cards.
Most people believe that gambling or Indian matka is all about betting the money and losing it. Most people lose money while gambling in the casino in several ways, as they play those games that are designed to beat the player, as they don’t play with correct strategy or because they don’t manage their finance appropriately. If you want to have a good time playing the matka game and losing money doesn’t bother you, then you’re probably okay with this strategy. However, if you are in the mood to make money in gambling then, you must consider some steps to avoid the loss that occurs to the majority of the gamblers in Matka Result.
The punters or bookies all across Mumbai operate on kind of franchise. If there is heavy betting on a specific number and the bookies won, then they are known to have disappeared overnight. In essence, a bookie makes a stake of INR 1 on the number 4 as ‘open’, INR 1 on the number 8 as ‘close’ and INR 1 on Jodi (combination) 4 8. At the end of the day, if 4 is selected as open, he gets INR 9. In the same fashion, if 8 wins he gets another INR 8 and 48 is declared he gets INR 90. The bookie then forwards the money over to the local sub-agent, who keeps a certain percentage of commission on the amount. In turn, this subagent then passes the money to the local bookie with details of bet amounts and numbers. This money now goes up the chain of punters known as Khaiwals. The number is called out every evening. The satta king pulls out three cards of a pack. These three cards add up to get the open number. The first card is pulled at 9 pm and is called the open card. The second and last numbers are decided at midnight. As per the sources, the declared number information is transmitted through calls to every corner of the country and even out of the country within half an hour.
Though a gambling or boss matka is not legal in India, it’s legal in most of the countries in the world, especially in the US. In most US states, some activities related to gambling has been legalized for casinos, cockfighting, race tracks, etc. This step has brought more jobs for the people in those communities. Also, individuals working in casinos get paid well, including the tips they get from customers. Also, real estate business booms in areas where casinos are built. The popularity of gambling also leads to coming up of hotels and there are also some gambling companies who frequently make some charitable donations in their areas. This paves the way for the collection of huge revenue in the form of taxes for the government.
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