Satta Market In India: The betting market in India is increasing year after year. At present the total betting market in India is worth more than Rs 3 lakh crore. Various types of betting are played in India. There is a lot of betting on cricket in India. So along with this, other types of bets are also played elsewhere.
Along with this, Matka betting is also played a lot in India. You must be hearing about lottery every day on social media and through other mediums. People also print a lot of money through this. Let us tell you what is the difference between Satta Matka and lottery and what is their latest status in India.
What is Satta and Matka?
Satta and Matka both are a type of gambling. Both of these are played on a large scale in India. A draw is conducted in both these gambles. .This game is played by numbers. In this, people invest money on numbers. When that number opens, the person betting on that number gets money.
In this many people invest money on different numbers. In this, the winning amount is decided differently in different states. In some states, 10 times the amount is given for winning. So in many states the amount is even higher. For this, many websites are running illegally in India.
What is lottery?
Lottery is a scheme in which many people buy one ticket. In which one or more winners are given money or other things as a reward. It has been recognized by the Government of India under the Lottery Regulation Act (1998).
What is the situation of Fihlal?
Matka and satta are completely illegal in India. Wherever it is played, it is played illegally. But lottery is legally recognized in India. But not everyone can play lottery. Lottery can be organized only by the state government or distributors registered by them. In India, lottery can be played in states like Kerala, Assam, Maharashtra, Madhya Pradesh, Punjab, Mizoram, West Bengal, Arunachal Pradesh, Sikkim, Nagaland and Meghalaya. Lottery is banned in other states.
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