Hazard (game) - Betting

Betting

Bets are between the caster and the bank (the setter), which may be the remaining players acting as a group.

If the caster nicks on the first throw, he wins an amount equal to his stake. After the first throw, the caster wins his stake if he gets his chance before his main.

After the first throw, the caster (and others, in side bets) may wager an additional sum that the chance will come before the main. These bets are made at odds determined by the relative proportions of the main and the chance:

Main Chance
4 5 6 7 8 9 10
5 4/3 4/5 2/3 4/5 1/1 4/3
6 5/3 5/4 5/6 1/1 5/4 5/3
7 2/1 3/2 6/5 6/5 3/2 2/1
8 5/3 5/4 1/1 5/6 5/4 5/3
9 4/3 1/1 4/5 2/3 4/5 4/3

For example, with an odds stake of £10, a main of 7 and a chance of 5, a castor stands to win £15 (3/2 × £10); with the same stake, a main of 5 and a chance of 6, he could win £8 (4/5 × £10).

Read more about this topic:  Hazard (game)

Famous quotes containing the word betting:

    Courtroom—A place where Jesus Christ and Judas Iscariot would be equals, with the betting odds in favor of Judas.
    —H.L. (Henry Lewis)

    What is faith but a kind of betting or speculation after all? It should be, “I bet that my Redeemer liveth.”
    Samuel Butler (1835–1902)

    All voting is a sort of gaming, like checkers or backgammon, with a slight moral tinge to it, a playing with right and wrong, with moral questions; and betting naturally accompanies it. The character of the voters is not staked. I cast my vote, perchance, as I think right; but I am not vitally concerned that right should prevail. I am willing to leave it to the majority.
    Henry David Thoreau (1817–1862)