A Odds bet made in addition to the Pass Line bet - Don’t Pass Line bet - come bet and Don’t Come wagers which is paid at true odds - there is no house edge on the odds bets..
A bet paid at the correct/true odds. Made in conjunction with another bet that has a House edge.
Another term for any odds bet where the house has no advantage. Either taken (or laid) on a Pass, Don't Pass, Come or Don't Come bet after the point is established.