Football Index is a product which is offered by BetIndex Ltd that allows users to buy and sell virtual shares in footballers. It operates in a similar fashion to a stock exchange including paying dividends etc.
What does the product offer?
I have looked at well over 1,000 products in my time ranging from tipster services to joint venture capitalist operations and a host of things in between. I will even allow my ego to come out a bit and say that I generally think that I have seen it all in some form or another. Football Index however has pretty much shattered this illusion by providing a genuine and interesting new way of making money through football betting. There is a lot to cover here so I won’t be getting too much into detail, but I can say that I am genuinely excited by Football Index as a prospect.
So, what exactly is Football Index?
BetIndex Ltd describe their service as “the world’s first football stock market” and it is pretty hard to argue with this description.
Each professional footballer is assigned a share value and users can by and sell these shares on the Football Index market. It probably goes without saying, but share prices are all linked to how a plater has performed.
For example. Mohamed Salah (who has had a storming season, something I will even admit as a United Fan) was valued at £1.83 per share on average 6 months ago.
At the time of writing, they are selling or £9.15. Had you bought 100 shares (the maximum you can buy in one player at) then, they would have made £732 of profit.
Everything is simple and straight forward to follow however if you do find that you are having problems using Football Index, there is a comprehensive support programme in place. This includes tutorials on how to use the interface etc.
There is also the inclusion of an academy which teaches you the fundamentals of trading on Football Index.
As well as being able to profit from the value of shares in a player moving, there are also dividends which are paid out on a regular basis. In order to qualify for dividend pay outs, a player must be “top ranked” on the Football Index website.
There are two different types of dividends which are available. The first of these are referred to as media dividends which are based around positive mentions in certain media outlets.
The top scoring players in each position will also earn dividends.
I feel like it is important at this point to make note of the fact that BetIndex Ltd are all above board and have been operational for a number of years now.
Furthermore, they are licensed by the Jersey Gambling Commission and hold a UK Gambling Commission remote operator license.
This is so important to highlight in my book because the fact of the matter is that I have looked at a lot of products which provide unique and interesting ways of making money. Unfortunately, a number of them have ultimately ended up folding and/or disappearing quietly.
How does Football Index work?
All of the data that dictates a players rankings etc. are based around third-party data. This means that BetIndex Ltd cannot and “as a policy” will not edit or override this data.
This allows for a level playing field for everybody who is involved with Football Index. Outside of this, it all works very much as you would likely expect.
If a top player breaks a leg, their value will drop exponentially. If somebody starts to pick up form and is playing exceptionally well, their value will rise.
What is the initial investment?
There are no costs involved in joining Football Index outside of what you choose to initially deposit. This doesn’t however mean that there are no costs involved.
Each transaction comes with a 2% fee which if you are heavily active can add up. Truthfully though, this will work out at no more than it would cost you if you were trading on Betfair.
In terms of the initial deposit, the minimum is £10 however realistically, you will probably want to invest more than this if you intend to take trading on Football Index seriously.
What is the rate of return?
It is beyond doubt to me that you can make money through Football Index. Quite how much will ultimately depend on how savvy you are with who you invest in. Ultimately though, with enough starting revenue I believe that making a full time income is just about viable.
It is definitely possible to make a decent second income. The fact that dividends are paid out also means that there is the additional advantage with Football Index of offering an entirely passive income.
I should point out however that these do not tend to be particularly substantial in terms of value.
Conclusion on Football Index?
It has been a long time since I have seen anything that is really different to anything else on the market for a very long time.
In fact, the only thing that I can even vaguely remember that is similar to Football Index was purely for fun and was based around celebrities.
That was however a hot mess, whereas what BetIndex Ltd have created is something that is really quite incredible.
Most importantly, it has a lot of potential to make profit for those who are looking for an alternative to the usual betting methods.
As I started to look into Football Index and get to grips with the service, there was one type of person that I could see really getting the most out of this service.
I do not engage in fantasy football. I have to be honest and say that I struggle trying to build a decent squad. It always goes with DeGea as a keeper, top strikers, pretty good midfielders and scrabbling around for defenders at teams that will hopefully not concede too many goals.
A month into the season I’m bored and forget. There are however a lot of people who love pouring over stats and finding bargain players and with Football Index, they could turn this into a decent profit over the course of the year.
With that little aside out of the way, I want to talk a little more about the service.
It is intuitive, easy to use and I would actually go as far as to say it is fun. The beauty is this is a rare service where you can be a serious as you want with it. Putting £20 in at the start of the season could make things a bit more interesting.
Put £1,000 in and spend some time carrying out research and there is a lot of money to be made.
I already talked about how simply backing Mohamad Salah would have made you £732 this season. Neymar could have netted you about £900 if you’d bought 100 shares.
The point is there is a lot of money to be made here and the costs of engaging are minimal.
As far as I am concerned Football Index is genuinely good. So much so that I have actually already recommended a few people I know to sign up as I believe they can genuinely do well with it.
For me, it will be a bit of fun more than anything, and that is mostly because I don’t know nothing. If you are interested in football betting, then Football Index is seriously worth a look.
The beauty of it really lies in the fact that because it is not like anything else, it is a new stream of revenue for pretty much anybody who isn’t currently using it.
Without hesitation I can wholeheartedly say that you should check Football Index out.