One of the most persistent and powerful methods used to beat baccarat has been to use the knowledge of the rank of exactly one card in the shoe, (see this post). A "known-card" AP patiently counts down the shoe until their card reaches the window where it is eligible to be dealt in the following round, that is, the card is one of the next six in the shoe.
Edge sorting in baccarat takes place when the player can observe the back of one or more cards before making his wager (see this post or this video for an introduction). If the player is able to sort the cards, then this knowledge allows the player to gain an edge. As I showed in this post, the ability to see one sorted card allows the player to gain an edge of 6.765% over the house.
To bring you up to date, I was Ivey's expert witness in this case: that has been the primary cause of my reluctance to post over the last few months, and in particular my complete absence of posts over the last month. In case you live under a rock and haven't heard the news, Ivey lost the case.
One ongoing method to beat baccarat is to use the knowledge of the rank of exactly one card in the shoe to gain an edge on one hand per shoe (see this post). One card out of 416 may not seem like a lot, but to the "known-card" AP it's a pot of gold. Millions have been taken from the tables using this method.
You don’t have to be rich to play baccarat and you definitely do not need to wear a tuxedo or evening gown when you play. Baccarat has come out of the ritzy, high-roller tables and into the casino proper.
You can play for very reasonable sums on online casino and if you go to land-based casino there are usually a few mini-baccarat tables from which to choose. You will never have to longingly look at all those rich people acting, well, rich.