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What is satta matka?

Satta matka, matka gambling or simply satta is a kind of lottery game. The original satta matka involved bets on the opening and closing rates of the price of cotton that was sent from the New York Cotton Exchange to the Bombay Cotton Exchange. The game first appeared before the era of Indian independence. During that period it was known as Ankada Jugar, or "figures gambling" in English.The practice of cotton price gambling was stopped by the New York Cotton Exchange in 1961. This lead people to look for other ways of keeping the game alive. In the 1960s, Ratan Khatri, originally a Sindhi migrant from Pakistan came up with the new practice of using the opening and closing rates of fictional products as well as ordinary playing cards. They would write numbers on pieces of paper and put them into the from which the winning numbers were drawn. As time went by the procedure changed, and the three numbers would be drawn from a deck of cards. The name "matka" was still kept even after they started using cards.

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