No one is talking about Betbug (exchange and they seem decent)

Seymour · Jan 11, 2007

Anyone have anything to say about Betbug.

ClipJoint · Jan 11, 2007

Their fees are ridiculous.

SportSavant · Jan 11, 2007

BetBug has some kind of special which is a 20$ commission cap, but I dont think it comes into play often, and doesnt help smaller players at all.

tradebetX and betfair are also expensive, although I think betfair offers people who play alot cheaper vig... not sure about TradebetX.

Seymour · Jan 11, 2007

What are their fees?

SportSavant · Jan 11, 2007

i think its 5%, but dont quote me on that.... its just a wild guess from memory

Woody0 · Jan 11, 2007

5% fee with $20 cap, so any bet over $400 is capped at $20 fee, BUT the last time I looked you'd be lucky to get over $400 down on anything.

ClipJoint · Jan 12, 2007

I think that is pretty close Woody. I just remember the fees were ridiculous for small bettors so they wouldn't play there...and there was no liquidity for the large bettors...so it was pretty much useless.