Baccarat House edge

Ok, I'm trying to figure out if there is a TRUE house edge for a player on Baccarat.

I know "the house edge is 1.06% on the banker bet, 1.24% on the player bet, and 14.36% on the tie."

So...
A Baccarat shoe usually has about 80 rounds. A player is not required to play all the rounds, passing when they want.
If the player makes a wager on only 55 rounds of 80 rounds; 31 being Banker, 23 being player and 7 tie bets. (One of the Tie wagers was placed by itself, the other 6 were placed with either the Banker or Player wagers for a total of 55 rounds.)
Is there a more true way to calculate the actual house advantage unique to this player?
Such as:
A true Banker house advantage of: 1.06 * 31/55 = .60%
A true Player house advantage of: 1.24 * 23/55 = .52%
A True Tie wager house advantage of: 14.36 * 7/55 = 1.83%

So, a true house advantage for this player of: 2.94%

Is this wrong? Is it even possible to calculate this?

Quote: Crazze

...only 55 rounds of 80 rounds; 31 being Banker, 23 being player and 7 tie bet...

I agree with your procedure, except that 31 + 23 + 7 = 61 instead of 55. So, if the player made 61 equal bets, the average house edge for his bets would be 2.94%(55)/61 = 2.65%.

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Quote: ChesterDog

I agree with your procedure, except that 31 + 23 + 7 = 61 instead of 55. So, if the player made 61 equal bets, the average house edge for his bets would be 2.94%(55)/61 = 2.65%.

True, but in Baccarat a Tie wager can be placed either alone or in addition to one of the other two wagers. In this certain scenario 1 tie wager was placed by itself, the other 6 were placed along with either the Banker or Player. Making 55 total rounds played.

I apologize for not clarifying how the Tie wagers were played.

Quote: Crazze

True, but in Baccarat a Tie wager can be placed either alone or in addition to one of the other two wagers. In this certain scenario 1 tie wager was placed by itself, the other 6 were placed along with either the Banker or Player. Making 55 total rounds played.

55 is still incorrect as you need to go by wagers placed rather than rounds played. Here's the breakdown:

I apologize for the Neco on this post...

But I was just talking with a friend who brought up deck depletion. Would this need to be considered in this calculation?