Is Football Index Gambling

This article was made in December 2019 and is in the process of being overhauled.

• Is Football Index Regulated
• Is Football Index Gambling Winnings
• Is Football Index Gambling Odds
• Is Football Index Gambling Rules
• Is Football Index Gambling Sites

• 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.
• 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.

It is essentially a gambling product, but one in which you don't lose your stake if you make wrong predictions, and there is a LOT to gain if you make right ones. Aside from that, it makes football.

I’ve recently created an in-depth review of Football Index, which you can read to learn about Football Index & what my final thoughts were.

Let me start by stating that Football Index is a completely legitimate website.

If you aren’t completely sure what Football Index is, it’s a platform where you can buy and sell virtual shares in footballers.

Football Index is still maturing as a product, but it’s currently 4 years old as of December 2019.

As the platform is still so young, there are many people who are speculative about it being ‘another online scam’, I can assure you that it isn’t.

There are already over 500,000 members registered to trade, with some traders holding portfolios worth in excess of £100,000.

I know of two accounts that are 7 figures, which is mind-blowing.

If that’s not enough to put your mind at ease, Football Index is licenced and regulated by the Gambling Commission & IBAS.

These regulatory companies don’t let any website get a licence, companies such as Football Index have to jump through various ‘hoops’, if members raised complaints about them, they would be closed down and fined heavily.

There is nothing more satisfying than seeing a company being officially licenced, as it means they are definitely a secure website.

When you register at Football Index, you can claim a special offer. This will enable you to trade risk free, where any losses up to £500 are refunded, as cash. Remember to use code FIA when you sign up.

How can I tell it’s not a scam?

There are many ways that you can assess if a website is a scam or not. Let’s go through them.

Let’s start from the very start. Just like any company now, it has to start with an idea.

Adam Cole, the founder of Football Index first sought investment in his company just over three years ago.

He had a dream and made it happen. He required just over £1m to get his platform developed so it’s ready for the general public to trade.

The value of this company stood at just over £6 million.

In 2019, I would be thinking of closer to £500 million.

Although Football Index have grown during the last 4 years, they aren’t anywhere near their end goal yet.

The aim for Football Index?

To deter people from gambling away their money on Fixed Odds Betting Terminals & Accumulator bets that aren’t profitable.

Is Football Index Regulated

This is a much more ethical way to make use of your football knowledge.

Yes, you may lose money on bad investments, but never your full stake. When you are betting, if you lose, the money that you staked is now gone.

As Football Index is in the same category as Sportsbook Betting Sites, it has to be monitored quite heavily.

This is to ensure that the company is sticking to the rules in their licence, ensuring they are doing what they can to treat members fairly & ensure they aren’t gambling too much.

This is the Gamble Aware scheme. It doesn’t apply to Football Index as much, as it’s a trading platform as opposed to betting.

However, to know they are regulated by the ‘big boys’ must be quite reassuring to new members.

When you log in to Football Index, you will see their operators licence number, this can be clicked and will take you directly to the gambling commission account details page for Football Index.

I have attached the screenshot.

Football Index has 0 sanctions to it’s name, meaning that they have followed processes in line with their responsibilities.

There are websites such as 888sport which have received an £8m fine for allowing players with gambling addictions to continue playing on their slot machines.

This should fill new members with confidence, as although Football Index want to make money, they don’t need to use underhand tactics to lure us in, or keep us playing.

Unlike sportsbook website such as bet365, 888sport etc, Football Index do not make money when traders such as myself lose money.

Football Index simply just provides the platform for us to trade with.

Is Football Index a Ponzi Scheme?

Social Media is a key factor in telling whether a website is a scam or not.

Football Index is a verified Twitter account with almost 10,000 followers. This is quite strong showing, considering that only a small percentage of members will follow companies they use on Twitter.

I always buy NIKE trainers, but I don’t have anything to do with them on Twitter or Facebook!

EDIT: December 2019. Football Index now have almost 50,000 followers.

Although any website can now ‘buy’ followers and make an account look as if it’s legitimate, if you browse through their page you will see plenty of positive comments from traders, aswell as the fact they love to run a competition.

They have a monthly competition to win £500, A Daily £5 ‘Guess The Graph’, Guess the best player in a certain football match and win a Football Jersey… and so on.

The users that do follow Football Index help add to the proof that Football Index isn’t a scam.

Why do people say it’s a Scam?

The main reason that you will hear that Football Index is a scam is very simple.

They will have had a bad experience on the Football Index. What they don’t tell you? It may have been their error.

Is Football Index Gambling Winnings

Think about it. If a user has deposited money on Football Index, lost 10% of the money he has deposited and now decides to withdraw, he’s going to be pretty angry!

Instead of looking at the reasons why he may have lost money, Investing in Bad Players, Buying Players at their peak, only for them to lose value etc.

It’s far easier for a user to take to Twitter or a Forum and declare that the website is at fault, there’s a pyramid scheme starting or that the Football Index is just STEALING MEMBERS MONEY.

Look at this Milner Trade, this twitter member got it absolutely spot on!

The reality of the situation is probably the fact that you have invested poorly, but we all do it! It’s all about how you overcome mistakes.

However, when you are angry, it makes you feel better to rant & try to put others off.

Without going too much Off Topic, I will admit I have done this myself in the past.

I received an email from BWIN stating if I deposit and bet £10, I will receive a £10 bet.

Sounds good. I deposited and bet, but didn’t receive a Free Bet.

Doh. I didn’t hit CLAIM NOW.

I then proceeded onto live chat, explained that I didn’t see it but have bet. The lady politely refused & said she couldn’t do a thing to help me.

I saw red, logged into twitter and slated every single post that BWIN would post.

Did this affect BWIN? Very unlikely as I had 0 followers. Did they credit me the £10 free bet to shut me up? Nope. But, it sure made me feel better!

This is the reason you may see negative comments, in my scenario it was my fault, much like most negative stories I read!

How do Football Index make money?

Football Index apply a charge to completed trades on Football Index, this is their way of making money.

If you buy a footballer, there are no charges.

The charges are incurred when you decide to sell a player.

If you sell 100 shares in Arturo Vidal at £100 total price, you will pay 2% commission. This equates to 2%, so take note that it won’t be £2 every time!

2% obviously works out a lot more expensive on a player such as Lionel Messi, who trades at £9.

But, the Football index system is completely free to use, so being charged a small premium like this ensures that Football Index can keep the site running well.

After all, they’re a business too & need to make some money!

What Makes Football Index look like a scam?

My only issue with Football Index is the incentive scheme it offers.

If you refer a friend to Football Index, you can each earn a £10 cash bonus into your accounts.

The problem with this?

It seems that every trader wants to open up a Football Index page, pushing their players & advising you to SIGN UP TO THIS LINK FOR £10 PROFIT.

I have no issue with the refer a friend reward, but traders will want to maximise their referrals.

To see accounts pushing tweets consistently, telling members to sign up, does make it seem like a bit of a dodgy scheme, it has to be said!

If you can see past this, there is plenty of fun & money to be made.

For me, Football Index is a change from betting… which I was terrible at!

Is Football Index Gambling?

Yes, Football Index is a gambling product. It’s fully licensed and operational.

However, it’s not gambling like placing a spin on the roulette wheel, or even like placing an accumulator bet.

Football Index really is like no other, if you are on a losing trade, remember it’s a 3 year bet. Although you may not be in profit after one day, your trade can turn itself around.

Remember; register using FIA when you signup and you’ll get a cash bonus.

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 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.

1. 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.

2. 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.

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.

Football Index monitors the footballing performance and players across the top leagues.

Is Football Index Gambling Odds

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

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

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...

Is Football Index Gambling Rules

How do I get a Money Back Offer ?

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.

(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

Helpful Links

Is Football Index Gambling Sites

Football index help - Football Index Rules - Indexgain - football index customer service