The whole Matka ecosystem is based on three levels. Understanding how everything works will give you ways to beat the game.
The concept of how matka works is different from the game and how it is played. This chapter covers the day to day organization of matka.
1 A Market will announce a fair result
[this trust keeps bookies taking games and players playing game]
2 A Bookie will make commission no matter what the result
[this is why bookies are doing their work]
3 A Player will get his winnings if his game matches with the result.
[this is why players are willing to risk a lot of money]
The Market is the organizer, owner of particular market.Example : Kalyan, Milan, Rajdhani, Main Mumbai are some of the well known satta matka markets.
MAINTAINS THE GAME INTEGRITY
The Market is responsible to maintain the integrity of the game. The market is responsible to keep the game running in a interesting manner so that people are ever interested to play it. The market is also responsible to make sure running the game is profitable for the market, bookies and players.
ANNOUNCES THE RESULTS ON TIME
The Market is responsible to make sure results are announced on time every business day.
HEDGES THE RISK FOR BOOKIES
The Market is responsible to make sure its bookies are not under heavy payment risk. The market hedges the risk so that bookies are always in profit.
EXPANDS THE MARKET
The Market is responsible to venture into new markets to expand business.
ACCEPTS THE BETS FROM PLAYER
The Bookmaker, also called the bookie, is responsible to accept the bets from players.
PAY OFF WINNINGS
The Bookie is responsible to pay the winnings to player, if any, in a timely manner to keep the business going.
HEDGE RISKY BETS
The Bookie is responsible to hedge risky bets and forward it to top level bookie, or Market to make sure he’s protected from financial losses and can pay the winning player on time.
The Bookie gets commission for what he does. Normally its 5-10% on turnover he generates. Small bookies normally forwards the game to bigger, well organized bookmakers.
PLAYS THE GAME
The player is the one who bets his money on the game in hope to win a good return on his investment.
If the player’s bet matches the result, the player makes money.
Mostly, almost all the time, the player’s bet does not match the result and the player loses his money.
NEVER LEARNS FROM MISTAKES
On a general note, a general matka player never learns from his mistakes, nor improves his capabilities, knowledge to make profit from matka.
Ever wondered what happens when you play ? Here’s what happens :