College sports has become big business, and betting on the outcomes of football and basketball games has exploded into a billion-dollar industry. Plenty of money can be won, assuming you're savvy enough to bet wisely. How can you get involved and prove your betting acumen?

Try BetBug. According to the website, "BetBug is not a sportsbook. It is a Peer-to-Peer exchange where players bet anonymously and securely with each other. By removing the middleman (bookie) from the equation, players will make the bets they want at odds that a sportsbook simply cannot offer."

Give it a shot and see if you can outwit fellow fans. While you're there, be sure to check out the Pick of the Day.