Satta King UP- A history of Satta and Its Current Market




The existence of Satta matka takes us back to the pre-independence era, where it was used as a form of lottery in olden times. In this game, users used to bet on the opening and closing rates of cotton transmitted to Bombay cotton exchange. This bet was only against the cotton coming from the New York cotton exchange to the Bombay cotton exchange. The rates of transmission were distributed through teleprinters.

How is satta matka played?

 

Even though it's illegal in the modern-day, but Satta matka remains a popular game in India. In this game, users have to select a random number, and if luck he/she will earn a whopping amount of money. The user who guesses the correct number will receive a definite amount of money predetermined by the organization.

Satta matka is most popular in many common platforms like Kalyan, Worli, Satta king up, and more. Rattan Khatri was the first person to start the New Worli matka, after two years of Kalyan matka. However, some rules were changed in the new Worli matka. The game usually runs five days a week and is off on Saturday and Sunday.

Gambling in India- Satta

 

Gambling in India is in the hand of the state. Some states like Goa, Kerala, Madhya Pradesh, Maharashtra, Punjab including some northeastern states allow lotteries and casinos. Satta matka was given an illegal status in the public gambling act of 1867 by the British rule. However, Pakistan amended this law after its independence, whereas India decided to stay with the pre-existing colonial law. Fine for the offense May amounts to Rs 100-500.

Regardless of the legal status, India’s Satta king up  market is booming. Under reliable platforms, gamers are winning a massive amount of money. Seems like the thrill of the game and easy source of income is quite successful in luring many players across the globe.


Location: India

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