What are "true odds" in craps?

What are "true odds" in craps?

Frank Scoblete (Casino Gambling Expert & Bestselling Author) gives expert video advice on: What is "craps"?; Do certain bets on the craps table have better odds than others?; What is the most basic betting strategy in craps? and more...

In craps, the "odds bet" is what's called a "true odds" bet; the casino is paying you the exact amount that it should pay you, and not taking any edge for itself. When you receive the exact amount you are owed, then that is "true odds."