At first, during the 60's people gambled on opening and closing rates of cotton transmitted from New York Cotton Exchange. Pretty boring and less dramatic. Then, Matka happened.
They used to put numbered chits in a big earthen pot (called 'matka' in hindi) and draw from it; hence the name "Matka".
Three Playing cards were drawn from the pot(matka) and were put on the table.
Then, they arranged it in Ascending Order; smallest of the three cards first to largest at last.
They called it "PANA"
In Matka, 0 is considered more than 9
A Pana is "Always" in Ascending Order
Any 3 digit number when arranged in ascending order, produced only 220 unique numbers
3 unique numbers
Example: 123
Two consecutive repeating
Example: 558
Three numbers same
Example: 888
They added the 3 cards. The resultant total by adding the 3 digits of the Pana, is called its SINGLE.
If total is 0-9, the total is considered as "Single"
Ex. 134 (1+3+4) = 8
If total is 10-27, second digit is considered as "Single"
Ex. 689 (6+8+9) = 23 → 3
There are 10 Singles: 0,1,2,3,4,5,6,7,8,9
22 Panas are permanently allotted to each Single
Every Pana sums to a Single
The First draw. They'd draw 3 Cards, arrange them in Ascending Order, then sum the cards to produce the Open Single.
The Second draw (after 1 hour break). They'd draw 3 Cards, arrange them in Ascending Order, then sum the cards to produce the Close Single.
Always, a matka result, be it open result or close result, is a "Pana and its resulting Single". The Open Result and Close Result were arranged on the table to form the "Full Result".
Arranging the Open and Close in a standard format gave rise to more ideas.
Open Single + Close Single
2 Digit variation
Open Pana + Close Pana
6 Digit variation
Open Pana + Close Single
Hybrid variation
Open Single + Close Pana
Hybrid variation
0,1,2,3,4,5,6,7,8,9
10 Open × 10 Close
120 SP + 90 DP + 10 TP
220×10 + 10×220
220 × 220
12 SP + 9 DP + 1 TP
They gave different variations of the game, different rates. One would get paid according to the rate if what played matches with the drawn result.
Get 9 rupees for every 1 rupee played
Get 90 rupees for every 1 rupee played
Get 140 rupees for every 1 rupee played
Get 280 rupees for every 1 rupee played
Get 600 rupees for every 1 rupee played
Get 1400 rupees for every 1 rupee played
Get 15000 rupees for every 1 rupee played