> Only do field, place, or come bets
The house edge on the field with those rules is 2.78%, which isn't bad, but isn't great. Ideally you want one that pays triple on both 2 and 12 (good luck finding that!) because then the house edge is 0.00%
All the rest of your bets are either 0% or 1.4-1.6% house edge.
Also, if you're really worried about one seven wiping you off the table and don't mind being contrarian, play the don't. While the odds are basically the same (slightly better actually) in the long term, I find the short term odds much better (because of the aforementioned deadly seven).
However if you value the social aspect of the game or your casino player rating, don't play the don't. :)