History of Satta King?
History of Satta King?
The story of the satta king begins prior to independent India. Its history dates back to the 1940s in colonial India. At that point, the Britishers used to import cotton from India via Bombay ports and New York Cotton Exchange used to fix the rate. Daily wage workers from there used to predict the pricing of the cotton trade. As it was their way to kill time, what else did they have back then? Sooner, this prediction game turned into a full-fledged satta.
People started betting money on the cotton price. As they find it quite fascinating, how easy can money be made? The game, which started as time passed, soon became a business. Few folks who saw the opportunity came up with the idea of this business. They started operating the satta. In a short time, stalls were opened outside of the port to play Satta. Satta was blooming at that very moment. The greed, the need, or the addiction everything helped Satta to boom.
However, with the bliss of easy money, there came the boon. Workers started losing their daily wages over betting. They started getting addicted to the lust for easy money. After losing, they used to play more in chase of losing money. When the New York Cotton Exchange came to know about it, they banned all kinds of betting on cotton trades. Police started raiding the stalls. Operators faced a huge loss due to that. And an era of betting over cotton trades came to an end.
However, they were unable to ban the betting. Due to lucrative addiction to the game people came out with new ways to gamble. Satta Matka, was one such.
As said above, satta matka consists of two words. "Satta" means betting, and "Matka" means earthen pot. All the given numbers are used to put under the earthen pot inside chits. Folks used to predict numbers and bet on the number that will come out of the pot (winning number). This game got so much popularity that it's still alive, till the time we're writing this and you're reading this.
Afterward, in the 1960s, Ankara Jugad (earlier name of black satta king) saw a huge rise. In 1962, Kalyanji Bhagat, an operator of Satta Matka started it on a large scale, and named his lottery Kalyan Matka. It was a huge success. Kalyan Matka became a word-to-mouth name. Kalyanji Bhagat also gained huge popularity and people started calling him The Satta King. It is believed that Kalayanji Bhagat was the creator of Satta Matka. He started the idea of taking chit out of the earthen pot. Later, after seeing the popularity of Kalyan Matka, another bookie Ratan Khatri also started his own game in 1964, New Worli Matka. Though the idea was the same as Kalyan's, he introduced some rules to the game.
Kalyan Matka used to run all day of the week. At the same time, the new worli matka used to run only five days a week. During the 1990s, Satta gained all the fame and fame. Daily betting volume has grown up to 500 crores. Gradually, other parts of India also tasted it. It became famous in other parts of India as well. The daily volume of satta was rising every day. In the 2000s, satta matka faced a setback. Repetitive police raids damaged the bases of Satta king 786. Continuous interference from the police became a huge issue. Khaiwal started to hide.
Stalls where people used to place bets closed down. Owing to that, the business faced a severe loss. Somehow, they still survived that. Everything went underground. Khaiwals, Bettors, Operators, everyone. No one had any idea where and how they operated. This kept them off the hook for a long time. In 2008, Suresh Bhagat, son of Kalyan Bhagat, was shot dead. After the demise of Suresh Bhagat, it was believed that satta would be shut forever. Irrespective of the hurdles satta has faced it still came back, better than before.