Is Football Index Gambling
The Gambling Insider editorial team takes a closer look at Football Index, the gambling website which allows you to trade shares in professional footballers, just like investors would in the stock market.
Football Index could be a game-changer in the US betting market. As it is such a different platform compared to the likes of Daily Fantasy Sports from DraftKings or FanDuel, or the current state of most. AHEAD of Safer Gambling Week (19th – 25th November), Football Index, the UK-regulated gambling platform and the world’s first football stock-market has donated its shirt sponsorship for QPR as well. A surprise development over the weekend caused customer discontent at Football Index after the company announced it would be slashing player dividend payouts just days after it placed shares in new players. Announcement Caught Customers by Surprise. The licensed by the UK Gambling. Football Index is provided by BetIndex Ltd which is licensed and regulated by the Jersey Gambling Commission and by the UK Gambling Commission. Remote Operating Account Number: 43061 The. With the current emphasis on responsible gambling, I feel Football Index’s concept lends itself very well to playing for true enjoyment, reducing the risk of a rogue VIP manager calling a customer up.
Tim Poole
For years now, both industry insiders and bettors themselves have bemoaned a lack of genuine innovation. Request-a-bets and cash outs have enhanced the sports betting experience but, at its heart, the product has not changed since its introduction.
Founded in 2015, UK-licensed Football Index aims to change that. Now, before you assume this is an advertorial promoting the company on its behalf, let me stress this is completely impartial and something I myself looked into after a few typical weekend sports wagering disappointments.
To be clear, I love traditional sports betting and am a big advocate of it. How frustrating is it though, to fully lose your stake thanks to a disallowed goal or last-minute deflection?
Through Football Index, I’ve found there is more of an emphasis on football knowledge and less on chance.
If you buy £5 ($6.13) worth of shares in a player who puts in a dominant performance but doesn’t score, their price will likely rise. If you bet £5 on that player to score at any time, their dominant performance means nothing and your whole wager disappears.
Bad performance, meanwhile? The price drops but, don’t worry, you’re still in the game to see another day.
I like the concept of utilising steady player knowledge, just as you would in Fantasy Football, rather than trying to 'beat the bookies' by predicting a definite outcome which could go either way on any given day.
For Football Index to run as a business, there is no 'us vs them' mentality and its profits are not hit by players actually winning. In terms of entertainment value, you could get a whole year out of a £20 deposit. That’s not something you can say for your average sportsbook.
With the current emphasis on responsible gambling, I feel Football Index’s concept lends itself very well to playing for true enjoyment, reducing the risk of a rogue VIP manager calling a customer up and tempting them into emptying their bank balance.
So, with a genuine alternative on offer, why settle for the same old feeling of disappointment when your weekend accumulator inevitably falls through?
Nathan Joyes
Football Index has recognised a gap in a very competitive market and for that I take my hat off to it. But what I think is key to remember, especially in 2019, is punters want to place quick, simple bets, hoping to be paid out within a couple of hours on a Saturday afternoon.
For the average sports bettor, who only places a few pounds on the weekend action, the concept can appear fairly difficult to understand. The constant yellow flash of prices changing every few seconds is off-putting enough in itself, to be frank. Football Index has a new, exciting concept, but it is very much up against it if it's trying to attract the average punter.
It is also worth noting millennials don’t appear as keen to place ante-post bets and often sidestep any games which may be on separate days when building their weekend accumulator.
With Football Index, players have to be in it long term to potentially be rewarded, and with this product being predominately targeted towards a younger audience, I’m yet to be convinced it will be able to meet expectations.
Another concern of mine is missing players. For example, Todd Cantwell, who scored Norwich City’s second goal against Chelsea at the weekend, isn’t currently available to select.
Looking into Football Index, the best way I can see to 'clear up' is by buying shares in a young prodigy coming through the ranks, rather than picking superstars such as Cristiano Ronaldo or Lionel Messi.
If a 21-year-old Premier League footballer isn’t available, this makes the punter’s job even harder in terms of spotting potential value and may well put them off altogether.
Don’t get me wrong, I like the fact Football Index has thought outside the box, away from stereotypical football betting, which many are finding boring. Whether it will be a success remains to be seen, but work remains to convince myself and millennials this is the future of sports betting.
Betslayer is all about making a side income through low-risk betting strategies and so I'm always on the lookout for the next great thing to make some more profits and that's how I came across Football Index. In this blog post you'll learn everything you need to know about football index and how to get started risk-free. Football Index allows you to buy shares in football players. It's like a football players stock market.
Some people ask is Football Index legit? Yes it is, it was founded in 2015 by Adam Cole. The business name is BetIndex Limited which is registered in Jersey and licensed by the gambling commission under the number 119040. Football Index has just signed a big TV advertising deal with Sky & has Guillem Balague as a brand ambassador . You can also check out their Trustpilot reviews to see what people think.
Football Index Explained
Football Index is the first football player stock market that allows you to buy, sell and trade football player with your own money. Essentially you're betting on the value of your players going up over time. It’s like a mix between fantasy football and traditional sports betting.
Unlike stock market trading where most people don't have a clue about the stocks and they’re basically guessing. Many people have great knowledge about football that they do not put to good use. In Football Index even just being slightly ahead of the curve or having a little bit of knowledge pays big dividends in because getting onto the platform early will mean that you make bigger profits long-term because as more people come onto the platform the price of the players go up and you make more profits when you sell a player because of this.
The best thing about football index is that on a bad day you don't lose your whole bet like in normal betting, you only lose a couple of pennies of players value and that's why it's a great alternative to normal betting. It's also worth noting football index have no control over the price of any player it's simply due to market demand.
Our main strategy with football index is to buy low & sell high, but there are also other ways to make money which we will go over. So to know how to make money from buying and selling players which is the main way to make money on football index, we also need to know what affects player's prices.
- Why could a players price go up?
Maybe the player wants to leave the club which leads to more media mentions which means more they get media dividend. Or maybe he's on a great run of form and has won performance buzz a couple of times again.
Why could a players price go down?
Maybe lack of form, maybe he's been injured or suspended. Maybe he signed a new contract so there will be no more transfer rumours and media mentions so less media buzz dividends. It’s worth noting that Media buzz is based mainly on UK-based networks and attributes points to players based on if they are mentioned in articles about transfers or about their talent. It is worth noting that squad players cannot get media buzz.
What is the difference between Squad Players & Top 200 Players on Football Index
The top 200 players in Football Index are simply the players with the highest price based on their demand. Squad players are lower value players, normally they don't start matched all the time and are considered young talents. Squad players get into the top 200 when their value is above the lowest value player in the top 200. Top 200 players then get relegated if a squad player overtakes their value.
Squad players can still get Performance Buzz Dividends but are not eligible for Media Buzz Dividends, we'll explain what these terms mean in the next section.
Football Index scans online football news from UK newspapers and gives points to players based on article mentions. For example transfers rumour mentions. Players with the most mentions and most points at midnight every day are the winners of the days media buzz dividends. If you have those players shares then you will get a dividend.
Note: you dont need to withdraw dividends, they get automatically credited to your balance.
What are performance buzz dividends?
Football Index monitors the footballing performance and players across the top leagues.
Premier League. La Liga. Bundesliga. Serie A. Ligue One. Champions League and Europa League
Football index has their own scoring matrix which basically will will rank the top players based on things like scores and assists or clean sheets. It's also worth noting that match days are split into three categories with different dividend rates depending on the number of matches taking place. The table below displays the dividend for each share for both match days and non match days
What are In-Play dividends?
In the first 30 days of owning a share, you'll get the following In-Play Dividends:
- 2p per Goal for a Forward or Midfielder
- 3p per Goal by a Defender or Goalkeeper
- 1p per Assist by any position
- 2p for a Starting Goalkeeper Clean Sheet over the full game
Is Football Index Gambling Sites
Selling On Football Index
The two ways to sell on Football index are called Market Sell and Instant Sell. Both have a 2% commission fee from the total sales.
Football index makes money from taking a commission on the total sales you make. The difference between the buying price and the sale price is known as the spread. Market sell allows you to set a reserve price and place shares in a queue, the time taken to sell depends on how in demand the player is (sold at higher blue price). If you want an instant sell you sell them at the red price, and the difference is the spread. An instant sell allows you to immediately cash out your position on player shares for an increased percentage of commission
How do I know which players to buy?
I wouldn't overthink this, I think it's similar to fantasy football. The best players to buy in football index are the underpriced players. For example maybe you want to buy shares in Heung Min Son because you think he's in form and is underpriced. Maybe it's a new player who's come into to the team like Juan Foyth who's shares will be good long term. In a transfer window you can get some quick wins by being on top if the latest transfer news. If they get bought they may be media buzz dividends and their price will then likely go up in the coming weeks so getting in early then selling when the players price has increased is a good strategy.
But it depends on your strategy, you can have a long-term strategy if you want to build up media dividends and and performance buzz and bank on the price of football index in the whole going up.
The mobile app is a great way to check on your portfolio & the best way to use football index in my opinion
What are the turquoise lines?
These represent the highs and lows of a player's price for that day so the bigger the line the bigger the volatility maybe it's a good thing maybe his price has gone up because he scored a couple of goals or got lots of worthy media attention and it's up to you to interpret this graph to see where the players price is going.Enter your text here...
How do I get a Money Back Offer ?
Is Football Index Gambling Odds
In general diving straight in is a great strategy especially because football index has the Money Back Offer. Withing the first 7 days, Football index will refund your losses (if any) up to £500.
Is Football Index Regulated
(OFFER EXTENDED UNTIL 31st May 2020, BE QUICK!)
>> https://fprod.bs.atomateapps.com/recommends/football-index
Details
● You receive the money back offer of your losses up to £500 for 7 days
●18 + only, Football Index is gambling if you have a problem do not sign up & go to https://www.gamcare.org.uk/
Full T&C's - https://www.footballindex.co.uk/terms-and-conditions
Is Football Index Gambling Rules
Helpful Links
Is Football Index Gambling Winnings
Football index help - Football Index Rules - Indexgain - football index customer service