UPDATE: In early March 2021, Football Index markets crashed following the announcement of alterations to their dividend terms. While Football Index is no longer a recommended source of profit, there are still plenty of profits to be made with matched betting. Take a look at my complete guide to learn more.
Dividends are a big part of Football Index, so it’s important to understand what they are and how they work.
Dividends are paid out every single day, even when there are no matches being played!
We touched upon dividends in my Football Index Review, but in this guide I’ll take you through them in a lot more detail.
What are Football Index dividends?
Football Index dividends are daily payouts on footballers that have performed well each day, both on and off the pitch.
They give us an opportunity to make instant gains and maximise our profits.
Say, for example, you’ve just bought 100 shares in Harry Kane… He then plays a blinder in his next match, scoring 3 goals and grabbing all of the headlines. You could potentially earn three different types of dividend, for his performance, goals and media coverage.
How do Football Index dividends work?
Let’s take a more detailed look at the different types of dividend available and how they work…
1. Match Day Dividends
Dividends are paid out on the top performing footballers on any day where top level football matches are played.
Match day points scoring
Players can earn a variety of points during matches. Examples include 5 points for winning a corner and 20 points for making a last man tackle. All points are totted up to get their ‘Match Day Ranking’, which are then listed in league table format.
Dividends are paid out on the Top Defender (including goalkeepers), Top Midfielder and Top Forward. Dividends are also paid out on the Star Player, which is the player with the highest score overall.
The value of each dividend depends on the number and prestige level of the matches taking place that day. The eligible competitions are Premier League, La Liga, Bundesliga, Serie A, Ligue 1, Champions League, Europa League, World Cup, UEFA European Championship and UEFA European Championship Qualifiers.
Match days are categorised into Bronze (1-3 matches), Silver (4-9 matches) and Gold (10+ matches), with dividends ranging from £0.02, £0.04 and £0.08 per share respectively.
If your player changes position during a match, this will not be updated in game. This is because Football Index base positions on Opta season data.
Say, for example, you have shares in a forward player and their team has their goalkeeper sent off early. Your striker grabs the gloves and plays the rest of the game between the sticks. They remain classified as a striker and would not earn points for a clean sheet. Only defenders and goalkeepers can earn points for a clean sheet.
Match day deadline
To be eligible for Match Day Dividends, you must purchase shares in a footballer before 15:00 (BST) on that day.
Dividends are then paid out based on the final Match Day Rankings at 23:59 (BST).
Players playing in the Champions League and Europa League have their scores multiplied by 1.25. This can help give them the edge over players playing in non-European matches.
If multiple players finish on the same points total at the top of the rankings, the youngest player is deemed the winner and earns the dividends.
2. Media Dividends
Footballers can even earn dividends when there are no matches being played. These are based on their media presence.
Media points scoring
Similar to Match Day Dividends, each player accumulates points throughout the day based on their coverage in the top 20 football news feeds. You can follow the live rankings throughout the day to see how your players are performing.
The player with the highest score at the end of a match day (00:00 BST) will earn dividends of £0.03 per share. On non-match days, the top three players will earn dividends of £0.05, £0.03 and £0.01 per share respectively.
The 20 news feeds monitored by Football Index are Talksport, UEFA, The FA, ESPN, FIFA, Football League, Daily Mail, Daily Star, The Times, Telegraph, Independent, Express, Guardian, Metro, Daily Mirror, BBC, Football365, Goal.com, Huffington Post and Sky Sports.
You’ll need to have bought your shares before 15:00 (BST) to be eligible for Media Dividends.
Dividends are paid out between 00:00 (BST) and 03:00 (BST) each day. If you’re eligible for dividends, you must hold your shares until they have been credited. If you sell beforehand, you won’t receive the payout.
In the event that multiple players finish on the same points total, dividends will be paid out on the player with the most recently published media story.
3. In-Play Dividends
When you purchase shares in a player, you can earn In-Play Dividends for 30 days.
Midfielders and forwards are awarded £0.01 per share if they score a goal, whilst defenders and goalkeepers get £0.02 per share for the same feat. All players can earn £0.01 per share for an assist and goalkeepers will receive £0.01 per share for a clean sheet, provided they play the full game.
In-Play Dividends are available on the same league and cup competitions as Match Day Dividends.
As you can see, dividends are a big part of Football Index and it’s important to bear them in mind when building your portfolio.
The dividends may seem small at first, but if you hold a large number of shares in a winning player, they soon add up and can be a great source of revenue.
The main objective is to build a portfolio that grows in value over time, but it’s great to get the daily payouts too!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.