Put Your Football Knowledge to the Test with Football Index
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It would not be an exaggeration to say that Football Index offers something to football bettors which has never been seen before.
Who would have ever thought that a revolutionary business idea such as this would have proved so popular since its inception only a few short years ago back in 2015?
If you have not yet visited the Football Index website and are wondering what it is all about, the best way to describe the concept would be to think of it as a football version of the stock market, but instead of FTSE 100 companies, with Football Index you can buy and sell shares on the value of football players.
If all of this sounds a little confusing to you, don’t worry because everything will become clear as you read this Football Index review.
Football Index – First Impressions
When you visit Football Index for the first time, you will be struck by the simplicity of how the website is laid out.
Every aspect of the website is easy to navigate, so there is no messing around with trying to find the kind of transactions which you are looking for, so once you get your head around the Football Index concept, you won’t have any problems with getting involved in your quest to making money from your football knowledge.
If Football Index was to be compared with any sports betting website it would have to be a betting exchange such as Betfair because as you are about to find out, you can buy and sell shares in a football player in a similar way that you can back or lay a selection on Betfair.
How to Register an Account with Football Index?
Opening an account at Football Index is very straightforward, and it is just a matter of clicking on the ‘Create Account’ button in the top right-hand corner of the Football Index website.
When you have created your Football Index account you need to be aware that you will be asked to go through the KYC process (know your customer) so it would be a good idea to have scans or photographs of this documentation ready beforehand.
The documentation required is a copy of either your passport or driving licence and a copy of a utility bill which has been issued within the previous three months.
A scan of the front and back of a debit card (if a debit card has been used to make a deposit into your account) will also be required but make sure that you block out the middle numbers to be on the safe side.
Being asked for proof of your identity in this way is nothing to be concerned about and is now par for the course with all forms on online gambling websites and is put in place in order to meet any regulatory obligations.
Is Football Index Fully Regulated?
The parent company of Football Index co uk is Betindex Ltd, and they are fully regulated by both the UK Gambling Commission and the Jersey Gambling Commission.
If you have any concerns regarding the Football Index concept regarding security or anything else about this forward-thinking business, don’t be, because they tick all of the right boxes when it comes to running an extremely tight operation which provides their clients with an exciting and potentially profitable betting opportunity.
Are There Any Welcome Bonuses for Opening an Account with Football Index?
Football index do have a potentially lucrative welcome bonus which is available to customers who open an account and deposit funds to speculate with.
The way that this bonus works is that new customers are given a seven-day free trial of up to £500.
What this basically means is that new customers can deposit between £10 and £500, buy shares in football players of their choice and if these shares are not showing a profit (or for any other reason for that matter), the new customer can ask for a full refund up to £500 without any strings attached.
This seven-day free trial begins at the point of the first deposit being made and in order to claim the refund, an email request will need to be sent to email@example.com, and the customer support rep will give instruction about how to liquidate the player’s portfolio.
If you open an account with Football Index and decide to take advantage of this seven-day refund offer, don’t worry, you won’t be asked to jump through hoops or anything like that because the instructions to liquidate your portfolio are very simple and straightforward to follow.
To give you an idea of how this refund offer works, let’s say a customer makes a deposit of £500 into their account, purchases £500 of shares in a portfolio of players and at the end of the seven days, the value of the portfolio is £460, Football Index gives instruction on how to liquidise the portfolio and credit the players account with £40 (£500 – £460) = £40.
On the other hand, if the value of a customer’s portfolio after those first seven days was £620, no refund would be due because the value of the portfolio would be in profit.
It should also be noted that there is a Football Index referral code on offer from time to time so if you have any friends or work colleagues who may be interested in opening an account, this is an opportunity to make some money by recommending Football Index to them.
So, Football Index – How It Works
When you have opened a Betting Index account and made your initial deposit, you will need to buy shares in any players which you feel will rise in value.
You can buy shares in a selection of players or just one player, and the choice is entirely yours.
Just in the same way that there is a back and lay price available for a selection on a betting exchange, there is a buy and sell price next to the footballer’s name who you would like to invest in.
The idea is to use your football knowledge to invest in a player or a number of players and then to hope that the price of the player will go up so that you can sell the shares and make a profit.
The big profits are to be made from buying shares in players with potential as opposed to players who are already at the top of the tree.
So, as an example, you would stand a better chance of making long terms profits from buying shares in a youth team player as opposed to someone like Eden Hazard.
The Three Ways in Which You Can Profit by Using Betting Index
There are basically three different ways in which you can profit from the shares which you have purchased, and these are listed below.
Changes in the Share Price of a Football Player
This is where a football player might have enjoyed a good run of form, scored a goal or has just received a man of the match award, anything which will increase the demand for shares in that particular player.
Just in the same way as the stock market works, it is a matter of supply and demand, so if a player is performing well, the demand in shares for that player will go up, and this will be reflected in the share price.
Don’t forget that the exact opposite can happen if a player is not performing very well, the share price of the player can go down.
If you have an interest in football betting, you will be aware of lesser-known players who are showing potential so players like these could be regarded as a long-term investment and worth investing in a few shares.
Making a Profit from Media Buzz
The Media Buzz is an innovative feature which Football Index have introduced and adds an extra level of excitement to the whole Football Index experience.
The Media Buzz is related to the amount of news coverage that a football player receives from various sources of the national press.
If news or rumours about a particular player are covered by any of the following news outlets – Talksport, UEFA, The FA, ESPN, FIFA, Football League, Daily Mail, Daily Star, The Times, Telegraph, Independent, Daily Express, The Guardian, Metro, Daily Mirror, BBC Sport, Football365, Goal.com, Huffington Post and Sky Sports, an algorithm will work out how positive the news is and buzz points will be awarded to the top players.
A dividend will be awarded, and the players with the most buzz points at the end of each day will earn the Football Index dividends pay-out.
Making a Profit from Performance Buzz
Performance Buzz is another innovative feature which is based on statistics from the highly regarded Opta Data.
There are different categories within the Performance Buzz, and they are a top defender, top midfielder, top forward and a top overall player.
If a player plays well, it can result in a Football Index dividend of up to eighteenpence, every time he gets a Performance Buzz award.
It should be noted that if a player features in the Performance Buzz or the Media Buzz, it will also mean that Football Index clients will rush to buy the shares in that player, and this will result in the sale price of that player rising in price.
Making Money from Football Index
Now that you have a better idea of how Football Index works let’s take a look at some points that you should bear in mind if you are interested in making the most of the potentially lucrative opportunity that Football Index offers.
Patience Is the Key
Football Index is similar to any other online money-making opportunity in that you will see stories of people who have opened a Football Index account and made a few thousand pounds in profit over the course of a couple of days.
Whilst this is perfectly possible, you will stand a better chance of making decent profits by playing the long game and looking for solid players who show potential.
Football Index is still very much in its infancy and as more people sign up to a new account, the more demand there will be for player shares and the supply and demand aspect of a share price will mean that the shares will rise in price.
Don’t Invest beyond Your Comfort Zone
As with any form of betting, don’t bet with more money than you can comfortably afford.
Just as with the stock market, the share price of a player can go up and down so if you have invested more money than you can realistically afford, if a share price goes down in price you will be tempted to sell in order to liquidate your portfolio instead of riding out the price variations in order to hopefully make a long term profit.
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Keep up to Date with the News
Football Index is not one of those gambling sites where you should just place your bet and leave it.
The share price of a football player is very much dependant on the news surrounding that player as well as the kind of performances which these players are achieving in the football matches which they are playing.
It is therefore important that you keep up to date with not only the players in your portfolio but also players which you may be tempted to buy shares in, in the future.
This is wonderful if you love football because keeping an eye on what is going on is what you are probably doing anyway, but if you are not all that interested in football, Football Index might not be something which you should be considering doing business with.
Keep Your Ear to the Ground in Terms of Transfer Speculation
When it comes to transfer speculation, many of the rumours which are constantly doing the rounds don’t amount to much, but if you can spot a player who is in line for a big-money mover, it could be an opportunity to buy shares in that player and make some decent profits.
National newspapers are renowned for inventing transfer rumours in order to sell newspapers so it wouldn’t be a good idea to base any share purchases on anything you read in a newspaper but some time spent on looking at social media etc. and the snippets of information that you can pick up can often pay dividends.
Give the Youngsters a Chance
There are often profits to be made by purchasing shares in young underexposed players, but that is again something where you will need to carry out research.
Social media and the various online forums are your friends when looking for underexposed players but make sure that you move quickly when you find one because as soon as the news gets out, the Football Index share price of that player will shoot up.
What Does the Future Hold for Football Index
The future for Football Index is very bright indeed, not just for the company itself but also for punters who have an account with them.
Football Index are receiving a great deal of media coverage which means that more people will open an account and buy shares which will, in turn, mean that more shares will be purchased, and the price of these shares will have the potential to rise in price.
The refund offer of up to £500 is especially attractive for new customers as they can get a taste of how everything works before they risk any money.
Special mention should also be made of the superb training resources which are provided for customers, so everything is laid out in an easy to follow manner, not to mention the Football Index blog which is also highly informative.
These really are exciting times for anyone who has an account with Football Index and opening an account with them is something that you should seriously consider if you don’t have an account already.