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There is mention of this on wizardofodds. You can infact gain an edge but its so tiny its not worth the effort.
http://wizardofodds.com/baccarat/baccaratapx2.html
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I've read about that before, but the systems they are using are meant for LIVE play. My post was targeting the online environment where a computer could be used to count all cards with an exact approximation of the next hand's likely result.
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If you were to come up with a system to beat a game in an online casino, they would assuredly have you banned before you put it to good use.