Satta King - Small World of Game with Big Money

Posted by Vipul Agarwal on January 18th, 2020

Satta may be a Hindi word which suggests Betting. It started in Mumbai (then it had been Bombay) in 1960s. The method of Satta King started by trading on the opening and shutting amount of the cotton traded in New York wholesale market. Later, the New York stock market discontinued this process. So as to continue the legacy of Satta, imaginary products opening and shutting rates were traded using lottery. The numbers were written and put during a big pot (by which the name Matka came) and three chits were drawn to announce the winners. Initially, this was carried on for five days only since they followed the New York wholesale market. However, when the business was done on imaginary products it became all 7-days trading.

The Satta Matka business was pioneered by Kalyanji Bhagat and later continued by his son Suresh Bhagat and daughter-in-law, Jaya Bhagat. Thanks to family clashes, Suresh Bhagat was murdered by his own son and wife during a car accident.

This business was mainly carried on from the cities of Gujarat, especially from Ahmadabad. The craze for Satta Matka increased such a lot that it spread as an illegal gambling network with international punters investing pools of cash within the business.

The business remains prevalent with the new rules. No more matka is employed but the playing cards are drawn rather than the chits. Three cards are drawn to make a decision the amount for the day’s gambling.

The Satta business has been modernized and there are several websites to try to the business online. The business which started on little scale has now been sophisticated with the fashionable technology and methods. This will make or break a person’s life since its supported mere luck.

The main markets are Milan, Kalyan, Rajdhani and Main Mumbai. These markets have two slots; one within the morning and one within the night. People need to fill out a form with their choice of number and submit with the quantity, which differs for every market. At the slot, the three playing cards are going to be drawn indicating the winners.

Now, the fashionable way of betting has been through mobile and online devices and more importantly through the brokers, who enjoys betting during cricket matches. People have gone to the extent to lose matches for his or her clubs and countries for the sake of easy money. We’ve had the recent episode of IPL cricket matches being fixed, by their own managers.

Betting any day may be a major risk. When people observe money, then they become a lover thereto and such habits derail a person’s life, if they lose. The name and fame is lost in jiffy with such bad addictions. It’s going to be fun but people need to realize, that no pain no gain. Government has brought in major rules to curb such habits; however such illegal practices thrive within the times for straightforward money.

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Vipul Agarwal

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Vipul Agarwal
Joined: February 15th, 2019
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