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Into The Lives of Matka Kings: Kalyanji Bhagat and Rattan Khatri

Jul 16th 2015 at 8:41 AM

Both Rattan Khatri and Kalyanji Bhagat are well known personality in the world of Lottery business. They are more commonly known as Satta king in the lottery market. They both established the concept of Matka and gave the gambler and lottery enthusiasts an opportunity to bet differently on imaginary things. This article will take you through the life of the radical personalities of Satta Matka business and how they developed a betting technique that become tremendously popular for more than two decades and was barred by government only to start again illegally.

Kalyanji Bhagat

Kalyanji Bhagat was born and brought up in a village in Kutch, Gujrat. He belonged to a noble family; King of Kutch himself honored his family by giving them the title of Bhakt for their sense of religiousness. Kalyanji Bhagat moved to Mumbai in 1940s looking for business opportunity in Mumbai. He tried his hands and luck on many things in business including selling spices and managing grocery stores. Finally he started his own grocery shop but who would have known that one day he will become the Satta King of lottery market. After establishing the grocery shop he pioneered the art of Matka gambling by raking and placing the Matka bets on opening and closing rates of Cotton that was being transferred from New York Cotton Exchange to Bombay Cotton Exchange.

Slowly and steadily he expanded his gambling industry and established it as a full time business. What once started from his home compound in Worli was now attracting the local market of Worli. Enthusiasts from all over Mumbai would come to place a bet on Matka there. After him, his son Suresh Bhagat overtook his business. Suresh Bhagat took his business to new heights managing it with his wife, but fate has some other unfortunate plans for him. Kalyanji was killed in an accident with six other people while coming back from a court hearing. It was alleged that his wife and son plotted his murder and it was soon found true by the court. Suresh’s brother Vinod has been looking after his business ever since.

Rattan Khatri

Rattan Khatri is also considered the Satta King of Matka gambling. He is a Sindhi who came to Mumbai after the India-Pakistan partition in 1947 from Karachi in Pakistan. He started his journey with humble beginning but soon after he developed a worldwide network of gambling. Through his way to gambling he made many international contacts too, who helped him to expand his gambling business to new heights. He started a modified version of Matka gambling in 1964 with new rules which soon became very popular. The Indian movie Dharmatma, which was an adaption of the Hollywood movie Godfather, had a role inspired from him and it was played by the actor Prem Nath. During the emergency declared by Indira Gandhi he was sent to jail for 19 months. He also directed a movie with the help of his allies and close ties in Bollywood.

Although after the implementation of strict rules, Matka lottery was declared illegal, a large mass of people were still involved in it. Even today, the sattamatka is a huge industry in itself.

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