PUNJAB GOLD SATTA KING LIVE RESULT

What is King Satta ?

Public Gold Satta(सट्टा किंग) Satta King is an illegal form of gambling or betting that originated in India. It is a type of lottery game that involves betting on numbers ranging from 00 to 99. The name of the game is derived from the words "Satta" which means betting or gambling and "Matka" which means a pot from which numbers are drawn. In Satta King, players wager money on their chosen numbers, and a number is drawn from the pot. The person whose number is drawn wins the prize and is referred to as the "Satta King". is a kind of lottery game based on numbers from 00 to 99 which comes under "Gambling". The real name of this game is Satta Matka, in which "Satta" means betting or gambling and "Matka" means a pot through which a number is drawn out. In the Satta Matka game, people wager money on their chosen numbers from between 00 to 99. After which, a number is drawn out of the pot. Whichever person's number was drawn out, he would win the prize and people called him as the punjabgoldsatta.com. Satta King Satta is not the name of the game, it was the title used to honor the winner of the Satta Matka. But as this game became popular, people started knowing it by the name of Punjab Gold king satta.

History of Satta King

If you too are interested in knowing about the history of Satta King, then you have come to the right place. Satta King Satta King has a long and controversial history. It is believed that the game originated in the 1950s and 1960s, when people would place bets on the opening and closing prices of cotton being traded on the New York Cotton Exchange. This practice later evolved into betting on the opening and closing prices of imaginary products, such as playing cards and cricket matches. The game became popular in Mumbai, where it was called "Matka," which means "pot" in Hindi. The game involved drawing numbers from a pot, and the person who chose the correct number would win the bet. Over time, the game became more sophisticated, and bookies began to use a system of chits or slips to keep track of bets and payouts. In the 1980s and 1990s, Satta King became more popular in North India, particularly in the states of Uttar Pradesh, Haryana, and Punjab. The game spread rapidly, and by the early 2000s, it had become a multi-million-dollar industry. However, the game was associated with several criminal activities, including money laundering, extortion, and violence. The government of India declared the game illegal in 1961, but it continues to be played in various forms in different parts of the country.
1. In 1961, when the New York Cotton Exchange banned this type of betting, then these punters / gamblers had to think of other ways to keep this satta matka SattaKing Satta Result business alive.
2. In 1962, a second emperor, Kalyanji Bhagat, who owned a grocery shop from Worli, started Kalyan Worli Matka in which, according to his new rules, even the poorest of the poor could stake it. 1 rupees only.
3. At the same time after two years, Ratan Khatri resumed the New Worli Matka in 1964, in which he made some changes in the rules of the game.
4. Where Kalyanji Bhagat’s Matka used to run all days of the week, Ratan Khatri’s Matka used to run only six days a week.
5. When textile mills became more popular in Mumbai, most of the mill workers started playing Matka more, due to which more bookies started opening their shops around these mill areas and thus Central Mumbai is a lot Matka business has become a big hub in Mumbai.
6. There was a time when the Matka business reached its peak between the 1980s and 1990s, at that time there was a business of about Rs 500 crore per month.
7. After a repeated raid of Mumbai Police, there was a lot of damage at the bases of Satta Matka. So bookies were forced to take these bases out of the city. At the same time, some had to be taken to other states also like Gujarat, Rajasthan, etc.
8. When there are no more options of betting or Satta left, then bookies have started to concentrate on other gambling such as online lotteries. At the same time, Some gamblers started playing betting on cricket matches.
Just as the interference of the police started increasing, this business also started to suffer a lot. At the same time when Kalyanji Bhagat's son "Suresh Bhagat" was killed, then in 2008, the satta was almost closed.
Even after this, other Satta Matka are more popular today such as Gali , Disawar, Faridabad, Delhi Bazaar, Kuber, JD Durga, New Faridabad, etc.). Next, you will get complete information related to Satta Matka in this article.

How many types of Satta King Satta game ?

The Punjab Gold Satta game don’t have any type itself. When people start a new game in Satta King Satta, people name the game with the name of different City, State and places. Such as Gali, Deshawar, Ghaziabad, Faridabad, Mumbai Morning, Delhi King, Dubai King etc. Although there are many types of Ghaziabad King Satta games played in India, but out of all, 4 games (Gali, Deshawar, Gaziyabad, Faridabad) are played the most in the whole of India. Deshawar game is most popular. This game is from Dubai and is operated from there.

How to play Punjab Gold Satta King game ?

In Punjab Gold Satta King Satta game, people wager bets on their chosen numbers between 0 and 99. For this the bettors contact their area’s Khaiwal. Khaiwal works as a mediator/middle man between the bettors and the game operators. Every Khaiwal collects money and the number from the players of his area and sends it to the company. And once a winner is declared he collects the winnings from the company and delivers it to the winning bettor. At a predefined time the Ghaziabad King Satta Satta king company opens a random number. The winning bettor receives 95 times the money he wagered.

How much profit you can earn from Satta king ?

Suppose if someone has bet 10 rupees on a number, then if that number is opened then the user will get 10 x 95 = 950 Rupees. Similarly, users will get 1900 rupees for 20 rupees, 2850 rupees for 30 rupees, 3800 rupees for 40 rupees and 4750 rupees for 50 rupees. The user can invest as much money as he wants on one number and can play many numbers as he wants.

Punjab Gold Satta Live Result | Gold Satta Result