NEW DELHI: Satta Matka is a form of gambling or lottery that had originated before the Independence of India. Originally, the game of Matka gambling involved betting on the opening and closing rates of cotton as transmitted to the Bombay Cotton Exchange from the New York Cotton Exchange, via teleprinters. The modern-day Matka gambling/ Satta King is based on random number selection and betting. The players participating in the Satta Matka game/ gambling are required to choose the right number for winning the game.
The player who wins the game becomes Satta King and is rewarded financially. Two of the most famous Matka games are - Kalyan and Worli. The Kalyan Matka gambling was started by Kalyanji Bhagat, a farmer from Gujarat, in 1962 and it ran for all days of the week.
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Another Matka gambling, New Worli Matka, was started by the Rattan Khatri in 1964 with slight modifications to the rules of the game. Khatri’s Matka ran only five days a week, from Monday to Friday. The modern Matka business is centred around Maharashtra.