Kalyan Matka is a form of gambling or betting that originated in India and involves betting on the opening and closing rates of cotton transmitted from the New York Cotton Exchange. It was established by Kalyanji Bhagat in the 1960s and has evolved from traditional betting on cotton rates into a full-fledged lottery game involving numbers drawn from a pot, commonly referred to as 'Matka.' Participants choose numbers in hopes of matching the draw to win money.
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