Re: Bet Bug
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Not bad, sounds a lot like Tradesports. The problem is the fees may be a lot larger (from FAQ):
Q. Why do you charge up to a 5% commission on my winning bets?
A.
You are charged a small transfer fee (the lesser of 5% or $20) by our payment partner on any winning wager. PayP2P, our payment partner, ensures the smooth and efficient movement of money, and like any other business must charge fees to provide this service. In any case, the small amount you may pay in commission is a massive savings over what you would pay in juice when betting with a bookie. BetBug, the software provider, plays no role in the execution or settlement of your wagers, and never charges you any fees at any time. BetBug simply provides software that allows you to match your Bet Requests with other bettors.
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Well, if it only charges you up to 5% on winning bets, then it would be cheaper than Tradesports.
craig
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