Therefore, being compelled, they had to take these bases outside the city. At the same time, after repeated raids of Mumbai Police, there was a lot of damage on the satta matka bases. There was a time when matka business had reached its peak between 1980s and 1990s, at that time it used to be a business of about Rs 500 crore per month!ħ. It became the big hub of matka business in Mumbai.Ħ. As the textile mills became more popular in Mumbai, most of the mill workers started playing matka more, which resulted in more bookies opening their shops around these mill areas and thus Central Mumbai became a lot. Where Kalyanji Bhagat's Matka used to run on all days of the week, Ratan Khatri's Matka used to run only six days a week.ĥ. At the same time, only two years after this, Ratan Khatri again started New Worli Matka in the year 1964, in which he had made some changes in the rules of this game.Ĥ. Whereas in 1962, another emperor, Kalyanji Bhagat, who was the owner of a grocery shop from Worli, he started Kalyan Worli Matka in which according to his new rules even the poorest of the poor could bet in it too. In the year 1961, when the New York Cotton Exchange put people on this type of betting, then these punters/gamblers or gamblers had to think of other ways to keep this satta matka business alive.Ģ.
The origin of Satta Matka dates back to the 1950s, when most people bet on the opening and closing prices of cotton, which were then sent from the Bombay Cotton Exchange to the New York Cotton Exchange, via teleprinters.ġ.
If you are also interested in knowing about the history of Satta King, then you have come to the right place.
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