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previous:The gambling game known as Satta, or Matka, has its roots in India and dates back to the 1950s. In the beginning, wagers were placed on cotton rates that were sent from the Bombay Cotton Exchange to the New York Cotton Exchange. Due to its ease of use & possibility for large rewards, the game expanded to include betting on random numbers & gained popularity among Mumbai's working class. When the New York Cotton Exchange stopped sending cotton rates to Bombay in 1961, other ways of figuring out winning numbers emerged. Kalyanji Bhagat's Matka, which involved selecting random numbers from a pot, was born as a result of this.NEXT:For many years, there has been discussion and controversy surrounding the legal status of Satta in India. Under the Public Gambling Act of 1867, gambling is officially outlawed in India, although Satta has been able to operate in different capacities thanks to a few exceptions. Certain types of gambling are permitted and subject to state government regulation in a few states, including Goa & Sikkim. In the majority of India, Satta is still largely prohibited. Through covert operations and illicit betting syndicates, Satta survives in India despite being illegal.
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