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What is Satta Matka ?
according to Wiki Pedia site. Matka gambling or satta is a form of lottery which originally involved betting on the opening and closing rates of cotton transmitted from the New York Cotton Exchange. It originates from before the era of Indian independence when it was known as Ankada Jugar ("figures gambling"). In the 1960s, the system was replaced with other ways of generating random numbers, including pulling slips from a large earthenware pot known as a matka, or dealing playing cards.
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Satta is basically an asian term of "Gaming". It was originated from bombay even before india got its independance. Satta Matka game is the form of lottery system in that player put stakes on opening or closing rates cloth from the New York Cloth Exchange. Satta matka Game was Established by Kalyanji Bhagat and Ratan Khatri. Kalyanji was a former from the village of Ratadia, Gujrat India.
Ratan Khatri came up with the idea of putting bets on Numbers. He put papers in a large pitcher known as Matka in india, written numbers on it. Any indivisual playing the game would draw a chit from that matka and delcare the winning number. From here the matka word came into the term.