Wednesday, October 13, 2021

THE ORIGIN OF SATTA KING

  The origin of the Satta king started back in the 1960s and it is being said that while the Bombay Stock Exchange was experiencing ups and downs, people started betting on the opening and closing rates of stock. From there, more people got involved in the Satta game and it evolved as a Satta King game where the bet is put on numbers and a random number is drawn as a result.

Earlier Satta King was termed as Ankada Jugad. It evolved and got its name as Satta King during the 60s or 70s. It kept on evolving with time becoming different in terms of rules and games. This idea was presented by Ratan Khatri, who is known as the founder of this game. He introduced this idea of playing Satta on opening and closing rates of imaginary numbers. In the early time number between 0-9 was written on paper and put into a matka (earthen pot). After mixing those papers one person used to draw a chit and the chit decided the name of the winner. But with changing time the practice of the games and rules changed drastically and evolved till now as an online game.

THE ORIGIN OF SATTA KING

After Ratan Khatri another King of the game Kalyanji Bhagat started a new concept of the game and termed it as Kalyan Matka where the bet was as low as one rupee. After these new people and new concepts started getting introduced in the market and Ratan Khatri introduced another new concept in 1964 and Mumbai became a hub of betting business. During the 1980 and 1990s Satta business reached its peak and after the Mumbai police cracked down and started closing and arresting people involved.

Many of them moved to different parts of India and settled their business in other states. With this outrage of Mumbai police causing dens of Satta to be closed down, people started finding other sources of gambling and thus shifted towards betting on cricket matches.


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