Smart Matka is nothing but a form of gambling or you can say betting and lottery. When smart Matka originated it was done on opening and closing price of cotton which was imported from New York cotton exchange to Bombay cotton exchange. It was known as Ankada Jugar or figure gambling before Indian Independence.
Later in the 1960s was done differently in generating numbers, they made slips and pulled them out from an earthenware pot which is known as Matka in Hindi.
Mumbai Smart Matka
Betting and gambling as Smart Matka Mumbai is an illegal practice in India under the Public Gambling Act, 1867. The ones who were caught in the houses which entertained Matka gambling or betting were outlawed and were punished severely.
It was played in New York Cotton exchange to Bombay cotton exchange with teleprinters, later in 1961 New York discontinued practicing which led to the players finding a different alternative.
How the idea of smart Matka Mumbai was born and come to India?
A migrant Ratan Khatri brought a new idea of playing the same opening and closing rates but of imaginary products which don’t exist. The gambling was done by pulling out number strips from a large earthen pot. A person would draw the number and announce the winners accordingly, later it changed so that three numbers were drawn.
The time period of the 1980s and 1990s saw the boom of the Matka business as it was at its peak, betting value even reached up to 500 crores every month. which lead the Mumbai police charge the dealers had to hide at different hideouts, with no original way of smart Matka guessing. The punters found alternate ways of gambling and rich punters moved to cricket and horse match betting. Also, Mumbai smart Matka cartoon is used to teach how to play and understand the game.
HOW TO PLAY Smart Mumbai Matka
To play such a game, a player or gambler chooses three numbers from 0 to. Those numbers are combined together and the second number of this number is written beside the first three numbers. This results in four numbers, from which they can bet on many different things of numbers or even the number sequence that appeared or was pulled out from the pot.
Most Popular Mumbai Smart Matka Result Sites
One of the oldest and most trusted Matka result websites. Started in 2015.
along with other websites MahadevMatka is another Gambling results website that provides regular updates on prices. Newly started website in 2020.
One of the Trusted Satta result platforms and many gamblers prefer this Mumbai smart Matka result website for price information.
These are some of the smart Matka guessing price platform websites famous and Trusted among Matka traders.
A farmer born in Ratadia, Games Wala in Kutch Gujarat. Kalyanji’s family had the name gala, but still got Bhagat from the word Bhak was given to them by the King of Kutch despite them
He migrated from Kutch to Mumbai in 1961 and did many odd jobs. In the 1960s, he began his first gambling by accepting bets on opening-closing rates of cotton which was traded on the New York market of wholesale.
Kalyanji did this from his compound in Worli, after he died his son was the successor of his business in the 1990s.
The Matka King Ratan Khatri ruled illegal Gambling from the early 1960s to mid of 1990s. He controlled nationwide with international connections and handled lakhs of punters dealing in crores.
His syndicate was in the business area of Dhanji Street in Mumbai. Where wagers did daily betting on the fluctuating rate of cotton in the whole market of the New York exchange. The bets increased and it became a huge gambling Hub. With the New York market working five days a week, Khatri started to draw three numbers twice daily, one at 9:00 in the morning as the opening rate and one at midnight as the closing rate, the values were then combined to get the winner.
The numbers were announced around all the hubs of the country and overseas. Khatri’s bets were genuine as they were drawn in the presence of patrons. When Khatri was jailed for 19 months., during the emergency was announced in the country, when he came back he retired from betting but still continued to bet on his horses and later died on the 9th of May 2020.
A Bollywood movie named DHARMATMA is a bio picture on Khatri starring Feroz Khan. Khatri even financed and appeared in the movie as Rangila Ratan.