Hazard the old English game played with two dice. The name actually derives from an Arabic word “az-zahr”, which is plural for dice.
Now Hazard has some complicated rules, but despite all that it was very popular in the 17th and 18th centuries, and they played to make some extra money and if you didn't know already the game of Craps actually developed from the game Hazard.
The rules of the game can be very complex but when you have them down you will never forget them. And you will love the game and won't want to stop.
In each of the many rounds the caster picks out a number between 5 and 9: inclusive this will be what's called the main, then (s)he throws two dice.
If you roll the main numbers, you win. Which is called throws in or nicks. If you roll a 2 or 3 you will lose, throws out, this is called.
If you roll a 11 or 12, the results of that throw depends on what the main is; for example,
As long as the caster keeps winning he keeps on playing, but if the caster loses three times in a row you must pass the dice to the player on your left and (s)he becomes the new caster. And then it is all repeated once again.
Now when you want to bet money on this game the bets are usually between the caster and the bank, which is called the setter, or the remaining players may act as this as well.
Let's say the caster nicks on the first throw he will win an amount equal to his stake or wager.
So if the caster throws a chance, the setter or bank will give you odds.
An example of the odds are as follows; with a wager of $10, and a main of 7 and a chance of 5, the caster will win $15, translated 3/2 X $10; with that same bet a main of 5 and a chance of 6 you could win $8, translating 4/5 X $10.
At the heart of Hazard there is craps, where the main is always 7. And where the shooter or caster rolls a 7 or 11 on his first throw, you will win.
If you roll a 2, 3, or 12 you will lose, then if you roll anything else that is the point or the chance, you then keep throwing until you win by making or rolling the point or loses by rolling the 7.