12/5/2023 0 Comments Satta kingIn 1962, Kalyanji Bhagat started the Worli matka. ![]() Over the years, the practice changed, so that three numbers were drawn from a pack of playing cards, but the name "matka" was kept. One person would then draw a chit and declare the winning numbers. Numbers would be written on pieces of paper and put into a matka, a large earthen pitcher. A Sindhi migrant from Karachi, Pakistan, Ratan Khatri introduced the idea of declaring opening and closing rates of imaginary products and playing cards. In 1961, the New York Cotton Exchange stopped the practice, which caused the punters to look for alternative ways to keep the matka business alive. In the original form of the game, betting would take place on the opening and closing rates of cotton as transmitted to the Bombay Cotton Exchange from the New York Cotton Exchange, via teleprinters.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |