Satta Matka is a form of gambling or betting that involves betting on the opening and closing rates of cotton in the New York Cotton Exchange . Over time, this form of gambling has evolved to include other types of betting, such as betting on the opening and closing rates of other commodities or events . The game is based on picking numbers and earning money if the selected numbers match the winning numbers, which are drawn through a random process. Satta Matka is a popular game in India.
Players choose a set of numbers and place their bets on them. The winning number combination is then drawn, and the players who have bet on that combination win a prize. The game is typically played in rounds, with multiple draws taking place in a single day.
Satta Matka was popularized in the 1960s and 1970s and became a significant source of revenue for those involved in the gambling industry.