Delhi Bazar Satta 2022: The Rise and Fall of Matka Business

Satta matka, also known as satta king ghaziabad, has a long history that dates back to the 1950s. In this article, we will explore how this game evolved over time, its peak in the 1980s and 1990s, and its decline in recent years.

The Early Days of Satta Matka

Satta matka started as a way for punters and gamblers to bet on the opening and closing prices of cotton sent from Bombay Cotton Exchange to New York Cotton Exchange via teleprinters. The game was known by different names, including Kalyanji Bhagat's Matka and Ratan Khatri's Matka.

The Rise of Satta Matka in Mumbai

In the 1980s and 1990s, satta matka reached its peak in Mumbai, with a monthly business of around Rs 500 crore. The game became popular among mill workers who would often place bets on the outcome of the game. As a result, bookies started setting up shops around these areas, making Central Mumbai a major hub for satta matka.

The Decline of Satta Matka

However, the rise of satta matka was short-lived. In 1961, the New York Cotton Exchange banned this type of betting, forcing punters and gamblers to find alternative ways to keep the game alive. The repeated raids by Mumbai Police also led to damage to many satta matka bases in the city.

The Evolution of Satta Matka Rules

Over time, the rules of the game changed. Ratan Khatri introduced a new version of the game called New Worli Matka in 1964, which became popular among gamblers. Kalyanji Bhagat also started his own version of the game, known as Kalyan Worli Matka.

Satta matka has a rich history that spans several decades. From its humble beginnings to its peak in the 1980s and 1990s, this game has evolved significantly over time. Today, satta king ghaziabad is a popular lottery game based on numbers from 00 to 99, which comes under the category of gambling.

I hope you enjoyed reading about the history of Delhi Bazar Satta 2022!

Delhi bazar satta 2022