Re: [nukkad] Info on derivatives etc.

["Ravi Menon" <ravi_menon51@hotmail.com>]

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Matka is a form of gambling that originated in Mumbai or Bombay as it was 
known then.

I t started around the same time as the closure of the cotton exchange 
figures of opening and  closing that used to be transmitted to India and was 
gambled on.

It was started by a gentleman called Ratan Khatri. The way it operated was 
very simple.

Mr Khatri would draw three cards at 9:00pm and the face value of the cards 
would be totalled up.

for example if the three cards were the Ace of Spades, five of hearts and 9 
of clubs. The opening number would be a sum of the three cards 1+5+9 = 15 
The opening number would be 5 the display on the walls of selected sites 
would show a "matka" or pot with the following legend

                        159
                         5x

if 2, 3 and 4 was the next three cards drawn at 12 midnight,the final 
display a few minutes after mid night would be
                        159
                        5x9
                        234

betting takes place or used to take place on all the numbers, i.e. 159 or 
234 or 59 or even 5 or 9 or the whole nine yards (all of them). bettin on 5 
or 9 know as the open and close in this example are the only returns i know 
of,  for a 25 paise bet the returns were Rs 2.25.

The bookies and it operated on  kind of franchise, ( sorry MCDonalds we had 
a  franchise before you) if the nbetting was heavy on aprticuar number 
andthe punters won bookies were known to have disappeared overnight.

The term in Bombay - "Matka lagi" signifying a windfall originates here.
Of course it wasnt legal but who knows it was possibly the precursor of  
organised crime.

There is no system and of course for a small sum of money you could buy tip 
sheets for the gullible. There is no system save two to make money on the 
Matka.

First bet on either the open or close numbers. If a bet does not pay 
dividends, double your bet for the same number the next day and keep 
doubling until the payout. One of the ten numbers does have to show up. The 
possiblity of picking a pair and its permutations and combinations would be 
horrendous enough to send a Cray into a tailspin.

The second system i skeep the money to your self it will grow if u dont 
throw it away :-)

Regards

Ravi


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