| 1. Ratan Khatri was born in Karachi, British India (now Pakistan) into a Sindhi Hindu family. |
| 2. His family relocated to Mumbai after the India-Pakistan Partition in 1947. |
| 3. Khatri started working in Mumbai's textile markets where he got introduced to gambling. |
| 4. He revolutionized the betting game by introducing a simplified numbered draw system and better odds. |
| 5. During India's Emergency period (1975 to 1977), he faced business challenges and was imprisoned for 19 months. |
| 6. Khatri retired from matka betting in 1993 after an incident during a family vacation. |
| 7. He is remembered as India's first legitimate bookmaker and a betting pioneer. |
| 8. Initially worked under Kalyanji Bhagat, known for Worli Matka, before branching out on his own. |
| 9. His two sons continued in the film business and owned a film theatre. |
