Football Index

i've made money from it and only spent a few hours on  it so the roi in that respect has been fantastic. everybody on social media is apparently a winner but there has to be some losers somewhere from it so i doubt that 2% figure massively. the company makes shed loads through commissions and people instant selling. i have personally only instant sold maybe once or twice everything else was due to capital appreciation and some dividends. i put a bit of money in there and just randomly bought a few players i knew were good and saw a good ROi but i've scaled back now as i don't have the time and i do believe it's a bit of a bubble and it will eventually burst. however, there are people on there who have made 100s of thousands of pounds of profit so it has been a money train for some, but i think the real money was to be made in the last 2 years. now it is getting bigger but the market is also going to become more efficient so making "easy" money may be more difficult. my all-time roi is about 27.5% which is amazing in fairness especially as i've barely traded at all, just held positions. but the market as a whole has gained so much in the last 2 years you'd have to be really dumb to have not made money from it. but the market will change and it won't be so easy in the future i dont think to make money from it. like i said i don't really have the time or the inclination now to play with it so i've scaled back but i still have a bit of money in there just doing its thing gaining some dividends and capital appreciation. i may get back into it but anyone starting out now has to realise they're a very small fish in that pond unless they come in with a huge amount of starting capital ,even then it may be difficult to make proper money. i'm sure someone will say anything is possible , you still need some football knowledge and understand what attracts dividends if you are going to enter it. if you go in with a can't lose mindset then you might enjoy it and make some money, because i did, but i did get on it at the right time and made some "quick-ish" or "easy-ish" money, but i think the fact that i'm not active on there anymore tells you something. most players have doubled in price on there in the last year so you can see the sort of growth that's happened. whether that continues i am sceptical about as i believe a lot of people will get bored of it rather quickly unless they have substantial money in there and all the big accounts will dominate. that's my view

Thanks. Been trying to read up on it. There seems to be a lack of transparency about how some of the features of the site work. I understand that when you buy a share in a player you are effectively placing a bet on receiving dividends. Trouble is FI seem to be able to set prices, create new shares, adjust dividend payouts and generally change how the platform works at will?

they don't set the prices, the prices are dependent on the market and how much is invested into each player which makes a price go up or down. they do set IPOs though, new players entering the market. the dividend structure was reformatted a few months back but as far as i know they've only done a major restructuring once and they generally are trying to make it more appealing to the user so in that respect i trust the company.
from a business idea standpoint  it is an amazing idea for the company, they take 2% commission on every share bought/sold and they are filtering hundreds of millions of pounds right now so they must be absolutely raking it in. they have spent a lot on advertising though but they are obviously looking to grow. you just wonder how far can it go. it might still be a good time to get involved but you'll have to start with a decent sized investment and also be realistic about gains and be happy with 10-20% ROI over the long term. also football knowledge is obviously a given. the market reacts very fast to news stories, such as transfers, injuries, etc., and it 's a good idea to look at the dividend format for how their scoring system works so that you can pinpoint which players to buy. the market is very efficient right now so the players at the top are there for a reason. you definitely want to have a long-term focus, think about players you think are currently undervalued and may either get a big move or become world class players. also look ahead to euro 2020 as that will be a big moment this summer for the index. gl if you get involved

I've read that price is determined by supply and demand without been able to find out what that exactly means in practice, except - There is a trade now price or queued price option when you sell, but it is not a betfair style market where I offer my own price if there is a spread. Secondly if there is excess demand for a player FI will issue more shares, which somewhat contradicts the supply and demand theory!

OP right to be sceptical.

Did they actually claim publicly only 2% of customers are losers. If so, should have set red warning sirens, as the only way that could be true is if the 2% were seemingly donating truck loads for some reason, and that doesn't seem very likely, otherwise how were the 98% winners getting funded?

It was a massive red flag among many others to a lot of people a long time back. They never verified it as such but they posted this advert claiming only 2% of their customers lose on Football Index.

https://twitter.com/IndexBig/status/1252590380115247104/photo/1

The guy behind that twitter account btw is still buying shares despite being well over £100k down.

It's as good as dead now, more or less crashed landed. Can't see it recovering from this one

Tbf 2% saying they lose isn't the same thing as them actually directly saying it as fact as people lie.

I guess it's an advertising ploy, but in reality it should be one that made people think for a second, as the idea 98% of people win and 2% lose would never happen in pretty much anything. It would hint at major players losing for them to be the 2% that are losing, but that's the complete opposite of how anything works, the major players are invariably the winners.

There was a hot period about 3 years ago when a lot of people's shares went right up so maybe why FI are using that time with the winners. Don't know how this mob recovers, something seriously wrong with its new set up for starters

it's a balancing act, setting dividends at a sustainable level, so that income generated from the IPOs and commission covers overheads and the dividends, thus "traders" have enough faith in the model that a negative sum game allows most users to be in profit on paper and therefore it continues to attract new users, but it look like they've **** up here, dividends should been lowered much earlier, it's hard to believe those who have had the figures to hand didn't see this coming.

Feb 13, 2020 -- 11:00PM, betting_masta wrote:

they don't set the prices, the prices are dependent on the market and how much is invested into each player which makes a price go up or down. they do set IPOs though, new players entering the market. the dividend structure was reformatted a few months back but as far as i know they've only done a major restructuring once and they generally are trying to make it more appealing to the user so in that respect i trust the company. from a business idea standpoint

betting_masta • February 13, 2020 11:00 PM GMT
they don't set the prices, the prices are dependent on the market and how much is invested into each player which makes a price go up or down. they do set IPOs though, new players entering the market. the dividend structure was reformatted a few months back but as far as i know they've only done a major restructuring once and they generally are trying to make it more appealing to the user so in that respect i trust the company.
from a business idea standpoint  it is an amazing idea for the company, they take 2% commission on every share bought/sold and they are filtering hundreds of millions of pounds right now so they must be absolutely raking it in. they have spent a lot on advertising though but they are obviously looking to grow. you just wonder how far can it go. it might still be a good time to get involved but you'll have to start with a decent sized investment and also be realistic about gains and be happy with 10-20% ROI over the long term. also football knowledge is obviously a given. the market reacts very fast to news stories, such as transfers, injuries, etc., and it 's a good idea to look at the dividend format for how their scoring system works so that you can pinpoint which players to buy. the market is very efficient right now so the players at the top are there for a reason. you definitely want to have a long-term focus, think about players you think are currently undervalued and may either get a big move or become world class players. also look ahead to euro 2020 as that will be a big moment this summer for the index. gl if you get involved

MUG