Matka Playing

Matka Playing

Matka playing or satta is a type of lottery which initially concerned betting on the opening and shutting rates of cotton transmitted from the New York Cotton Exchange. It originates from before the period of Indian independence when it was often called Ankada Jugar ("figures gambling"). Within the 1960s, the system was changed with other methods of generating random numbers, including pulling slips from a large earthenware pot often called a matka, or dealing playing cards.

In the original type of the game, betting would take place on the opening and shutting rates of cotton as transmitted to the Bombay Cotton Exchange from the New York Cotton Exchange, through teleprinters.

In 1961, the New York Cotton Alternate stopped the apply, which caused the punters to look for alternative routes to keep the matka enterprise alive. Rattan Khatri introduced the idea of declaring opening and closing rates of imaginary products. Numbers would be written on pieces of paper and put into a Matka tips, a big earthen pitcher. One person would then draw a chit and declare the profitable numbers. Over the years, the practice changed, so that three numbers were drawn from a pack of enjoying cards, however the name "matka" was kept.[2]

In 1962, Kalyanji Bhagat started the Worli matka. Rattan Khatri launched the New Worli matka in 1964, with slight modifications to the foundations of the game. Kalyanji Bhagat's matka ran for all days of the week, whereas Rattan Khatri’s matka ran only five days every week, from Monday to Friday.[

In the course of the flourishing of textile mills in Mumbai, many mill workers played matka, resulting in bookies opening their shops in and across the mill areas, predominantly positioned in Central Mumbai. Central Mumbai turned the hub of the matka business in Mumbai.

The decades of 1980s and Nineteen Nineties saw the matka enterprise reach its peak. Betting volumes in excess of Rs. 500 crore can be laid every month. The Mumbai Police’s huge crackdown on the matka dens pressured dealers to shift their base to town’s outskirts. Lots of them moved to Gujarat, Rajasthan and other states. With no main source of betting within the city, the punters bought attracted to other sources of playing corresponding to online and zhatpat lotteries. Meanwhile, the rich punters began to discover betting on cricket matches

Matka Kings
An individual who has received a substantial amount of money from matka playing is named a "Matka King".

Kalyanji Bhagat
Kalyanji Bhagat was born a farmer in the village of Ratadia, Ganes Wala in Kutch, Gujarat. Kalyanji's family name was Gala and the name Bhagat, a modification of bhakt, was a title given to their household by the King of Kutch for their religiousness.

He arrived as a migrant in Bombay in 1941 and initially did odd jobs resembling masala ferriwala (spice seller) to managing a grocery store. Within 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.[5].

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 have been travelling, killing all of them. They were getting back from an Alibaug court, the place the listening to of a 1998 narcotics case had been held. Throughout investigations by the police it was revealed that Hitesh Bhagat (Suresh Bhagat's son) and his mom Jaya Bhagat had hatched the plot to kill Suresh Bhagat. Hitesh and nine others, together with Jaya, have been arrested and had been tried beneath the stringent act of Maharashtra Control of Organised Crime Act and subsequently convicted.[6]

Rattan Khatri
Rattan Khatri, often called the Matka King, from the early Sixties to mid-1990s controlled a nationwide illegal gambling network with worldwide connections which involved a number of lakh punters and handled crores of rupess.

Khatri's matka began in the bustling enterprise space 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. Resulting from a row over a profitable number plus the New York market’s five-day week schedule, compulsive betters began on the lookout for alternatives. Primarily based on the requests of his pals, Khatri started his personal syndicate and began drawing three cards to resolve the day’s number. Khatri's betting was considered more genuine because the cards have been reportedly opened in the presence of the patron. Through the emergency in India, Khatri was jailed and served 19 months behind bars. He has retired from the gambling business and lives near Tardeo; nevertheless, he still does visit the Mahalaxmi Racecourse to guess on his favourite horses.[3]