Betbug

[Montreal514]

I apologize if this has already been posted, but has anyone ever tried Betbug? And what do you think about it? I personally think that it is an ingenious idea and I wish I had thought of it first. Anyways for the moment I like playing here if anything for the juice you have to pay on these bets. At a regular sportsbook they take 10% but here they only take 5%. Can anyone see any flaws in gambling here instead of a regular sportsbook?

Thanks for your time
Mark

[Doug]

Great for big players with $20 cap on fees, haven't heard any feedback on them.

[pags11]

never have heard of these guys either...

[bookie]

At 11-10 a sportsbook has a theoretical hold of 4.2%, not 10%. So Betbug does not offer good value for the small player. And now that there are several reputable reduced vig shops out there no informed consumer is paying 11-10 on any but the freshest lines.

The $20 cap, though, should be intriquing for bigger players but as always the problem on exchanges is volume. Every time I've looked at Betbug they have had very few offers, and no large ones. If this changes I'd like to know.