Some over-the-top income never hurts, especially when you have certain hobbies and interests. One easy way to get some side money is by placing online bets and testing your luck. Satta Matka is an online lottery game that has a considerable payout and secure transaction methods. Online platforms are foolproof to keep you safe from frauds and mismanagement.
You can easily look up the desired games, schedule, payout rule, and odds and place a calculated bet. However, Satta Matka is still a game of chance at the end of the day and cannot be beaten by any means; you can only improve the winning odds by choosing your numbers wisely and avoid huge losses by managing your money efficiently. Lotteries and gambling have always been a grey area solely because it offers a lot of money with the least possible efforts.
Hence, people are drawn to it like bees are drawn to nectar. However, one must play on budget and keep within the entertaining limits. Do not play lottery games to pay your bills or dues. For this reason, the Public Gambling Act has banned physical betting. However, the act is silent on the issue of “online gambling,” so it is not “illegal” as of now. This means that your money will be safe, and your accounts won’t be frozen. Read this guide to know more about the Satta Matka lottery and financial management on betting websites.
What is Satta Matka?
If we talk in the literal sense, “Satta” means a bet, and “Matka” means pot. So, this translates to betting on a pot. However, the game’s algorithm is much more complex, and you must be aware of the new and revised rules. In the 1950s, people would buy tickets with unique serial numbers and wait for the lucky draw. A random person would be called to pick out chits from a pot during the draw and declare the sequence of numbers. The ticket with the matching serial number would be declared as the winner.
This game was developed as an alternative to cotton prices gambling. It became quite popular in the 1980s, with several Satta Matka bazaars coming up and the betting volume going as high as 50 crores in a single day. However, it was soon shut down due to the government’s interference, and now it has been revamped and relaunched on the online platforms with new rules.
How to play Satta Matka?
Kalyan Matka is the most popular online Satta Matka game, which runs seven days a week. Here, you are allowed to choose three digits which are then added, and the last digit of the sum is attached to your choice, making it a four-digit code. You are then asked again to pick out three digits, and the same process is followed.
So, if you choose 4,5, and 6, the sum would be 15. Now, your four-digit code will be 4,5,6X5. Similarly, if your next choice sequence is 6,7, and 8, the sum would come to be 13, and the second half of the code will be 6,7,8X3.
The final code displayed will be 4 5 6 5 X 6 7 8 3. You can now use this code to bet on multiple options, for example, order of appearance, which digit will appear first, a combination of two digits, etc. The odds are decided based on the bet and range from 9 to 1 to 9999 to 1, making this lottery game all the more engaging and interesting.
How to get the payout?
The payouts depend upon the odds you have picked for the game. If you win, money will be credited to your app wallet, which you can transfer to your bank account. Heavy bets might cause trouble to the bookies if you win because if you wager on the lowest odds, the winning amount will be huge, which will be hard to afford. However, this scenario has never come up, and people get their payouts easily and conveniently. Some examples of the payout options are:
If you guess the first digit correctly: You will find nine times your wager amount.
If you guess the “jodi,” which is the set of middle numbers correctly and the first digit, you get 90 times your wager amount.
How to manage the wager amount?
Lotteries and Gamblings require utmost discretion because they are addictive, and you may end up losing all your wealth. Discussed below are some easy tips to manage your money:
- Bet with spare money: Place a wager only if you have some amount to spare. Do not bet with your necessary money because this is a high-risk game.
- Keep a separate account: Try to get a different bank account for your betting-related transactions. Keep your winnings and wager amounts in this account for easy tracking.
- Don’t put all eggs in one basket: Diversify your betting portfolio, and don’t put all your money on one high payout game. Instead, find multiple games with standard entry-amount to improve your winning odds and bear the minimum loss.
You can head to reliable platforms like Lottoland Asia when it comes to commencing your online betting routine. Their Matka and jackpot games are designed meticulously to give you the best experience online.