If you fancy yourself as a fantasy football guru, you’ll absolutely love Football Index.
Football Index is a fantastic blend of football betting and fantasy football, where users can make serious profits using their football knowledge.
I first signed up in January 2017 and haven’t looked back. It’s a great concept and one that continues to grow at a rapid rate.
This is quite a lengthy guide, but I’ll take you through the basics, show you how everything works and then give you some tips on how to hit the ground running!
What is Football Index?
Football Index is the world’s first football stock market, allowing users to buy and sell virtual shares in the world’s top footballers.
Just like buying shares in a company, Football Index allows us to buy shares in footballers, build a portfolio, earn dividends and hopefully sell at a profit.
Unlike traditional football betting where we back an outcome and potentially lose our entire stake, trading with Football Index is different.
Instead, we are betting on a player’s value increasing over time, which means our stake fluctuates up or down until we decide to sell.
How does Football Index work?
Footballers are listed in either the Top 200 or in the list of Squad Players.
The Top 200 contains the 200 highest priced footballers from the previous day.
The Squad Players list contains every other player available to trade. The lists are updated at midnight each day and new players are added regularly throughout the football season.
At the time of writing (July 2018), there are over 2,000 footballers available to trade.
How to buy shares
Buying shares in players couldn’t be easier.
Simply select the player you wish to purchase and click the blue ‘BUY‘ button…
Then simply enter how many shares you wish to buy and again, click the ‘BUY‘ button…
Once purchased, the shares will be added to your portfolio. That’s it… you are now a Football Index trader!
How to sell shares
Selling shares is also very straightforward.
Just select the player you wish to sell shares of and click the pink ‘SELL‘ button…
You’ll then be presented with two options…
The first option is ‘JOIN SELL QUEUE’. This allows you to sell your shares back to the market where they can be purchased by other users at a specified price. You should go for this option if you don’t mind waiting for your shares to sell. It shouldn’t take too long and you’ll get a fair return.
The second option is ‘INSTANT SELL’. This allows you to sell your shares instantly at a reduced price. I would only recommend using this option if you need a quick sale to free up cash to trade elsewhere.
How to make a profit on Football Index
There are three ways to make a profit on the Index.
The most obvious method is to build a portfolio of players that increases in value over time. This allows you to sell for a profit at some point in the future.
Just like company shares though, we can also earn two different types of dividend…
The ‘Top 200‘ footballers accumulate Buzz points each day based on the amount of press coverage they receive.
On a match day, the player with the most Media Buzz points is declared the winner and traders receive £0.05 for every share held in that player.
As you can see from the above graphic, if there are no matches, which was the case following the end of World Cup 2018, it becomes a Treble Media Day.
This means that the top three players with the most Media Buzz points each day will generate dividends of £0.08, £0.05 and £0.02 respectively.
Match Day Dividends
On match days, players also earn points for their performances.
At the end of a match day, the top player in each position generates a dividend depending on the amount of high profile matches taking place that day.
The dividends may not seem much, 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.
So, the aim should be to find a nice balance between players that may increase in value and players that will earn you plenty of dividends. With dividends being paid out each day for exploits both on and off the pitch, there’s a chance to earn a payout every single day.
Can I lose money on Football Index?
Football Index is a betting platform where we place bets on footballers increasing in value over time.
The value of shares can go down as well as up so there is always a possibility that you will have to sell your shares for less than you paid for them.
You will never lose more than the amount you have spent on a player.
£500 risk-free welcome offer
If you’re undecided on whether to give Football Index a go, their risk-free welcome offer should be the nudge you need. It was for me!
You can trade risk-free for 7 days, so if you decide trading isn’t for you or you make a loss, you can simply email them to receive a full refund, up to £500.00!
All you need to do is sign up for an account, deposit £10.00+ and then purchase players that you think will increase in value and/or earn you plenty of dividends.
The refund process is very smooth. I’ve tested it personally and received the refund within a couple of hours.
The £500 risk-free welcome offer looks set to run until the end of 2018.
Tips for building a profitable portfolio
This is by no means an exhaustive list of do’s and don’ts, but having traded the Index with relative success since January 2017, here are my top 10 tips to consider when building your portfolio…
1. Decide on a strategy
Before you start purchasing players, you need to decide on how you plan to make a profit.
Are you looking for players who will increase in value over time or players who are likely to earn you plenty of dividends?
My approach is to split your bankroll, be it £10.00 or £1,000.00, between the two types and spread the risk.
2. Be patient and play the long game
If you’re in this for the long haul, you’ve got a great chance of making some big profits.
Football Index is growing all the time and as more money enters the market, share prices in general are on the up.
There are certainly opportunities to make a quick profit, but in my opinion, the best earning potential comes from playing the long game and watching your pot build over time.
3. Keep up to date with events
If you’re a football fan, you’ll probably follow the news on a daily basis, but for those of you that don’t, it’s worth keeping an eye on things.
Gabriel Jesus is a great example of how things can change very quickly…
In January 2017, his transfer to Manchester City was confirmed and his share price increased over 80% from £1.36 to £2.45. After hitting the ground running, his share price continued to rise to a high of £4.01.
A bad injury at the beginning of February 2017 saw many traders panic sell and his share price duly plummeted 21% before stabilising at £3.05.
Provided a player hasn’t suffered a career-threatening injury and returns to full fitness, his share price should always recover, so if you’re in this for the long haul you don’t need to worry too much.
Injuries can actually present an opportunity. As some traders panic and sell up, the share price drops, giving us an opportunity to buy in at a reduced price and hold until the share price recovers.
Don’t forget to download the Football Index app, which makes it really easy to keep up to date with things on the go!
4. Avoid buying on impulse
The temptation is always there. You see that a player has risen 25% in a short space of time and you decide to jump aboard the train before the chance is gone.
In my experience, it’s been my impulse buys that have let me down. I’ve jumped in with both feet, other users have cashed in their holdings and the share price has tumbled south.
When I take my time, my considered purchases tend to work out pretty well, so it’s important that you remain disciplined.
5. Avoid sentiment as best you can
If you’re a football fan, you’ll no doubt have a favourite team and within that team will probably be some of your favourite players.
When trading on the Index, it’s best to be objective and avoid letting your heart rule your head.
Instead of buying shares in player’s that play for your favourite team, consider buying shares in other players that you would love to see play for your team.
6. Big potential in youth
When looking for long-term holdings, I like to purchase young players.
Younger players who have yet to fulfil their potential tend to be much cheaper than top established players.
Three players who I’ve done very well with are Jesse Lingard, Ademola Lookman and Ruben Loftus-Cheek.
I’m not saying it’s easy picking the right players, but the potential upside is so great that you might only need one player to come through, to make a very tidy profit.
7. Have an idea of the price you want to sell at
It’s just as important knowing when to sell as it is knowing when to buy.
Personally, I’m a lot more confident in my ability to pick a player at the right price than I am knowing when to offload him.
I like to have a sell price in mind at the time of purchase as I think it’s easier to guesstimate a player’s potential from the outset.
If you don’t have a target in mind, it becomes difficult knowing when to sell. You’ll never sell at the optimum peak, so just stick to your guns, bank the profit and move on to another trade.
8. Pay attention to transfer speculation
Transfer speculation is without question the biggest driver of Media Buzz and as traders scramble to grab a piece of the player, share prices can rocket.
It’s also the case that Premier League players tend to get a lot more press coverage than overseas players.
With those two factors in mind, if you can pick an overseas player that gets linked with a big Premier League club, like Gareth Bale being linked with Man Utd, you’re laughing!
9. Stay ahead of the game
If you’re playing the short game and looking for quick profits here and there, you need to stay ahead of the game.
With Match Day dividends up for grabs, looking ahead to upcoming fixtures may help you select the right players.
If you get in there before other traders drive the share price up, you should be in a good position.
10. Only commit what you can afford to lose
It’s important to remember that this is a betting platform, so there is always the potential for your holdings to depreciate over time.
You should therefore only spend an amount of money that you’re comfortable with and in a worst case scenario, can afford to lose.
Football Index is a fantastic concept that is going from strength to strength and it looks set to be the next big thing in sports betting.
It’s great fun and with the right strategy, there’s plenty of money to be made.
With such an inviting welcome offer, there’s never been a better time to get involved. Give it a try and see what you think. Remember it’s risk-free for your first 7 days!
Sign up to Football Index
Trade Risk-Free up to £500 for 7 Days – T&C’s
Please read these terms and conditions carefully. By entering you accept and agree to be bound by these Terms and Conditions, any Specific Terms and Conditions relating to the relevant promotion, competition or event, and any applicable instructions. Failure to comply with these terms and conditions may result in your disqualification from the Promotion.
1. The Promotion operates as a refund of losses up to £500 made by a new user within the first 7 days of their first deposit into their Football Index account.
2. The Promotion runs from 01/03/20, 00:00:00 (GMT) until 31/03/20, 23:59:59 (GMT) (the “Promotional Period”)..
3. The Promotion is only valid to: (a) new customers; (b) UK residents; and (c) customers aged 18 years or over.
4. To qualify for the Promotion, you must register a new Football Index account and deposit a minimum of £10 using a valid debit/credit card, which must be used to buy Shares in Footballers on the platform. If you have made an overall loss within 7 days of your first deposit, Instant Sell all your Shares and contact [email protected] to request a refund. We will then refund any losses up to a maximum of £500 within 48 hours of your email request.
5. The maximum refund available per qualifying participant is £500.
6. The Promotion can only be redeemed once per account holder/user.
7. Should you request a withdrawal of funds from your account during the first 7 days after your first deposit, you will no longer be eligible for the Promotion.
- If you deposit a total of £300 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £280 at the end of 7 days, we’ll top up your account with £20 to take your balance back to your total deposit amount of £300.
- If you deposit a total of £2,000 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £1,900 at the end of 7 days, we’ll top up your account with £100 to take your balance back to your total deposit amount of £2,000.
- If you deposit a total of £500 during the Money Back Guarantee Period; and your Account balance after Instant Selling all your Shares is equal to £510 at the end of 7 days you will not be entitled to a refund.
NOTE: For the avoidance of doubt, we will refund any losses up to £500.