Ratan Khatri's life is the inspiration behind Vijay Varma's 'Matka King !!!
Vijay varma To Portray Real-Life Matka king In New Web Series, Know All About It
Ratan Khatri's life is the inspiration behind Vijay Varma's 'Matka King'. read to know all about him and the series.Vijay Varma’s web series is inspired by the real-life figure Ratan Khatri, a prominent name in the Matka gambling underworld. The series promises to capture the essence of the era and the rise of Matka gambling.
Who is Ratan Khatri?
Ratan Khatri, regarded as a pioneer of betting in india, hailed from a Sindhi family and moved to india from Karachi during the 1947 partition. PTI reports that Khatri transformed Matka gambling into a nationwide network starting in mumbai in 1962. Initially working for Kalyanji Bhagat, a well-known Matka king, he eventually branched out independently, creating the Ratan Matka. His clientele reportedly included celebrities and dignitaries worldwide.Ratan Khatri was jailed during the Emergency and served 19 months. He retired from gambling in the early 1990s and passed away in 2020 at the age of 88. Matka gambling began with betting on cotton rates from the New York and bombay Cotton Exchanges. By the 1960s, the system evolved to use random numbers generated through methods like drawing slips from a matka or pulling playing cards, a method Khatri was known for.