Bilbo maybe won't be appreciated in multiplayer games, however in solo game, he is really worth to be played. His threat is maybe high, but still worth for two cards per round without any exhaust. His stats ain't good enough for you? No problem. Give him Protector of Lórien for start and Fast Hitch and A Burning Brand. Now he become quite versatile quester/defender and with the amount of incoming cards, no problem with discard. Or you can use Hobbit Cloak. Not enough hit points? Well, these Boots from Erebor were made like for him. And if you'll feed him with Good Meal he will give you nice discount for several event cards like Beorn's Hospitality, Lórien's Wealth, Out of the Wild, Risk Some Light and so on. I think he even shines between his other versions, where saga Bilbos look more epic, but are not playable outside saga content, and ally Bilbo Baggins is simply not so versatile as his old hero version. I also like the fairy-tale artwork reminding me the old Hobbit book, where all this stories started. Verdict: 4/5.
The first player draws 1 additional card in the resource phase.
The Fellowship of the Ring
The Hunt for Gollum #1. Lore.
A really bad Hero, unless you desperately need (more) card draw (and highly questionable even then)
Not gonna lie, Bilbo Baggins is imo a strong contender for the title "worst hero in the game". Insanely overpriced at 9 for his absolutely horrible stats.
How bad he is is actually somewhat showcased by Beravor, a card that comes in the core set, that is, for all (relevant) intents and purposes a better hero.
For just 1 more Beravor can both draw your table 2 cards per turn and choose the drawing player.
Plus her 2 2 2 4 make her a better emergency... well everything than Bilbo Baggins.
The only edge Bilbo has over Beravor, is that he doesn't need to exhaust to draw cards so he is free to...?
To do what exactly is my question? Quest for 1 paltry ? Attack for equally paltry 1 ? Defend with his 2 and 2 ?
Just questing puts poor little Bilbo Baggins in very serious danger of dying due to damage from treacheries from the encounter deck (and the cycle Bilbo Baggins appears in already contains such "fine" Treacheries like Necromancer's Reach, Evil Storm and Rockslide). I don't think i really need to elaborate, why defending seems a surefire way for Desaster... Attacking is mostly fine but do you really need exactly 1 more ?
If you need card draw (and you decided you do, why else include Bilbo Baggins?) Is this 1 (or if quest permits it 1 ) worth drawing 1 less card and not even being able to choose who it goes to?
And sure you can try to compensate for Bilbos extremely lacklustre stats with attachments... But to what end? Why not play the same attachments on an already good hero to make that same already good hero even better?
In short, don't play Bilbo Baggins unless you desperately need card draw and you (or someone else at the table) already plays Beravor (and even then strongly consider if the 1 extra card per round is really worth basically getting an almost useless hero).
Bilbo Baggins is rejected mostly due to his insanely high threat cost. But an extra card per round is inarguably powerful and he can still take an action (though granted, that won't be much). He has good synergy with Protector of Lorien for hand pruning. He has very good potential as a Voltron deck target due to in-sphere access to a Burning Brand and Fast Hitch. With Steward, Blood, and Fire,and Lay, you'll want the songs to play them; which warrants Fireside Song. He's got a good deal more to offer than any of you know, including himself.