Satta Matka traces its roots back to the textile industry hub of Mumbai (formerly Bombay), where it began as a means for mill workers and laborers to engage in gambling. The game initially involved betting on the opening and closing rates of cotton in the New York Cotton Exchange. However, as the practice became illegal in India, Satta Matka evolved to include various other elements, such as playing cards, numbers, and the incorporation of luck-based rituals.