Playing craps the way it's 'meant' to be played is naive in my opinion - the math is already against you. It's when I move away from this that I lose $$$.
I've had the most success betting this way. Typically the max bet is limited to $600 ($200 for each 7). I usually start with a $75 bet, if it missed, I go to $150 and so on.
There are dice cycles, patterns and behaviors I track to determine when to place the 3 Way Red bet.
Actually it's my go-to betting strategy but I don't just depend on the 'avereage' probabilities of the 7s rolling.