An individual would then pick a piece of paper from the matka and read out the winning numbers. Originally pieces of paper with numbers from 0-9 written on them were placed in 'matka', hence the name Matka gambling. How is Matka Gambling or Satta Matka played? Gambles, still wanting to keep their business alive, tuned towards pieces of paper to play Satta Matka. This version of the game was done away with when the New York Cotton Exchange halted its practice in 1961. ![]() Matka gambling has started in the 1950s when gamblers used to place bets on the opening and closing rates of cotton being conveyed to the Bombay Cotton Exchange from the New York Cotton exchange.
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