Football Index - StockMarket

Tito · 31 Jan 2016 at 22:53

I know this could go in the sports forum but thought it would get more exposure here.

https://www.footballindex.co.uk/

Its basically a stock market where you buy shares in players, it follows the idea of the stock market I guess. The better a player is doing the higher his price will rise. vice versa.

Is this actually a thing? Any one currently doing this?

Im tempted to throw £30 at it over the week.

Tosno · 31 Jan 2016 at 22:56

Put it all on Alexander Samedov

Soundood · 31 Jan 2016 at 22:57

seems legit

dowie · 31 Jan 2016 at 23:15

hmm there might be some value in this but I'd suspect you'd be banned or limited quite rapidly if you found any

I've only had a quick glance at the website so haven't looked at the details but this format doesn't appear to actually act like an exchange such as betfair, rather there is the bookie running the site on the other side of each transaction?

robfosters · 31 Jan 2016 at 23:22

It's like fifa ultimate team for real money.

booyaka · 17 Apr 2019 at 14:55

Large bump for this.

Anyone using this?

Been on it for a few weeks now and seems way to easy to make money so far with dividends and value of players rising.

I'm 8.1% up in 3 weeks including dividends.

Was very sceptical at first when I investigated it a year or so ago but seems to have grown pretty large now.

dowie · 17 Apr 2019 at 15:21

What makes you think you’ve got an edge? (Beyond taking advantage of any signup offer)

Street · 17 Apr 2019 at 15:25

They've been hammering this on TalkSport recently so I looked into it as a supplement to matched betting. It appeared to me to be straight up gambling so I left it alone.

Diddums · 17 Apr 2019 at 15:27

It’s gambling, plain and simple. I did fairly well out of it.

dowie · 17 Apr 2019 at 15:29

It is pretty obvious that it is gambling, the question is whether an edge can be gained here. Are they transparent with how they actually calculate the prices etc...? From what I’ve read so far it doesn’t seem so other than there is a link between both player performance and media coverage etc..

booyaka · 17 Apr 2019 at 15:29

dowie said:
What makes you think you’ve got an edge? (Beyond taking advantage of any signup offer)

i don't think I have any edge at all - never said I did. Just on initial 3 week period, it seems almost difficult to NOT make money.

Pick popular players, buy them and hold. You can trade players as you wish but that comes with a spread, but the dividends that get paid out (for media interest and goals/assists, best player on the night etc).

I just bought players at the start and held the same ones - capital value has gone up plus some dividends

booyaka · 17 Apr 2019 at 15:30

Diddums said:
It’s gambling, plain and simple. I did fairly well out of it.

are you still using it??

dowie · 17 Apr 2019 at 15:30

Well unless you have an edge then that seems a bit pointless(aside from the entertainment value you can get with gambling in general). You made some bets on favourites and got lucky... you can do similar with regular bookies too and be up in the short term.

Diddums · 17 Apr 2019 at 15:50

booyaka said:
are you still using it??

Nah, lost interest. There was a promo where they gave out £100 for nothing years ago (3-4years) with wagering. Over the course of about 6 months I just bought and sold repeatedly and wothdrew £120.

booyaka · 17 Apr 2019 at 15:56

Diddums said:
Nah, lost interest. There was a promo where they gave out £100 for nothing years ago (3-4years) with wagering. Over the course of about 6 months I just bought and sold repeatedly and wothdrew £120.

cashback promo coming up over the summer so worth a nosey again - might suit/might not

Diddums · 17 Apr 2019 at 16:03

booyaka said:
cashback promo coming up over the summer so worth a nosey again - might suit/might not

They tend to do £500 risk free offers fairly often but keep in mind you’re locking that money up for a month or two.