If anyone is interested in the methods of how an edge can be gained in baccarat, this is a new video put out by Eliot Jacobson.
Most of you know who he is. He is a mathematician who analyzed advantage plays. Eventually went on to consult casinos in game protection, primarily protection against advantage type plays. He was also called as a witness in Phil Ivey's edge sorting case.
Yes, you can gain an edge in baccarat primarily with the side bets. However it takes a massive bankroll to create minimal returns. You throw in high variance and most advantage players agree the reward is not worth the risk.
https://www.youtube.com/watch?
v=1z7XkoT04IQ