Your step by step guide to getting started with Football Index
Q) What’s the first thing I should do?
First things first. Familiarise yourself with the Football Index academy website. It covers a lot but we’ve put it into bite sized chunks below. So to be honest its videos and articles cover everything head over there first and also #footballindex on twitter
Q) How much do I really need to deposit to get started?
There’s no hard and fast rule but we do know that once you start enjoying Football Index, you will soon realise that £100 isn’t enough.
When starting they offer £500 risk free for 7 days ie you cant lose anything in the first seven days as they will refund you whilst on the learning curve .
This starts from the time of your first deposit so we advise you register which is FREE then learn with their video tutorials and perhaps sign up to an alert software reviewed on stats tips software page and then perhaps go in for a larger ammount its worth noting that the £500 is a generous total ie if you did invest say £2000 and lose £500 in the first week you would get the full £500 refunded and round you back to £2000
And remember, only deposit what you can afford to lose – gamble responsibly. Please.
Q) How do you make money on Football Index?
There’s 3 ways to make money on the index.
1) Capital appreciation where the price goes up if a player is about to move clubsor is on a great run of form and demand increases.
2) Media coverage (media buzz or rankings) which earns the player points based on media coverage for transfer rumours or news from the previous match performance. The more media mentions a player gets, the more points he racks up and at the end of the day (midnight) if he is top, then he wins you dividends (payouts).
That payout is called “Dividends”. More on that in the next question.
3) Performance on the pitch (performance buzz) which earns the player performance points. A player gets points for things like passes, crosses, tackles, saves, blocks, shots, goals etc etc. See table below. The more points he racks up during a game, the more likely that player is to win some dividends. A bit like how bonus points work in fantasy football.
The top player in each position (GK/DEF, MID, FWD) at the end of each match day wins you money, also known as dividends. And the player with the most points on that match day gets you a bonus on top (also known as Star Man).
The above screenshot shows you who has won what for the previous matchday. Each of these players earns you some money. See next question for dividend payouts.
There are 3 types of dividends on offer.
Match day = based on matches per day.
Media = based on news stories.
In-Play = based on goals, assists and clean sheets for GK’s.
Match day dividend payouts are dependant on how many matches are taking place that day.
Q) So, where do these match day dividend payouts go?
They get added to your cash balance. So you could decide to buy more of someone or withdraw it to use to buy a packet of crisp or put it on a holiday deposit – depends on how much you invest obviously.
Q) What’s this deadline thing people talk about?
In order to win match day dividends, you need to have bought the player before 3pm on that day. For example, if you buy Messi at 1pm and he wins top forward that match day, then you win some money.
If you bought him at 5pm and he wins top forward that day then you don’t win anything as you bought him after 3pm deadline.
Same goes for media dividends – you must have bought that player before 3pm to be eligible for winning dividends.
So this method of winning dividends is new and it a cool way of betting on in-play actions.
It’s called In-Play Dividends. Or IPD as you might see referred to at times.
Basically, you get dividends if a player scores, assists or keeps a clean sheet and this is how the payout structure works:
Q) Why is a players price falling?
Lack of form?
Signed a new contract so won’t any be transfer rumours?
Traders just getting bored?
Tough fixtures coming up?
Traders adjusting portfolios as we approach summer?
Do your own research and come to a conclusion – if you have different views, then see this as an opportunity to top up or buy.
Q) Why is a players price rising?
Maybe he’s stated that he wants to leave the club – which in turn means more media mentions – which in turn means more likelihood of media dividends.
Maybe he’s on a great run of form and he’s won performance buzz a couple of times.
Maybe he was awesome for PB last season so traders think he’ll do the same again next season?
Again, do your own research.
Q) What are those turquoise lines on players charts?
They represent the highs and lows of a players price for that day/date.
The bigger the line, the higher the volatility that day. Maybe the player scored a hat trick or maybe he did something worthy of lots of media attention. Like Pogba getting a new haircut or something. It’s up to you to research and find out.
Q) Ok, got that. Now what?
HEAD OVER TO THE FOOTBALL INDEX ACADEMY AND WATCH A FEW VIDEOS (TOUGH LIFE) !