Football Index Review

Launched in 2015 by BetIndex Ltd, it was created purposely for football gamblers, allowing them to stake on football players. In 2018, the company recorded 100,000 users, and as of 2019, it has accumulated over 500,000 users. The company has also recorded some legal battles that border around the scam-related case; this situation has forced them to make major changes on the site, one of them being a change in the website address.  

Football Index is licensed in the UK by the UK Gambling Commission; it allows gamblers to gamble on the rules of the platform and the future achievement of an individual football player. On this platform, customers buy the imaginary stake for an opportunity to win payouts on a daily basis. These payouts are calculated according to each player’s performance in every match. It is also calculated based on the player’s presence in the company’s Media Rankings, which is paid out based on trending footballers every day. 

Note that a share lasts for three years starting from its purchase before it can be declared lost. A trader is also expected to lose their right to hold a claim of the dividends. It is up to you as a trader to make arrangements to either sell your shares or buy new ones on the same player to reset the expiration period of that share. Customers are expected to sell their old shares first to escape the expiration date – they can sell you 300 shares per transaction. Either way, you choose to do this, the company (Football Index) charges 2% in commission and 1% for every transaction. 

Shareholders can sell their shares through two methods: sell queue or instant sell. If a shareholder chooses to go for the instant sell method, it means they have resold their shares back to the company (which is about 3% lower than the current price) – but it can be higher in some situations, though. The transaction is marked successfully when this sale is made, and money is instantly transferred into your account. But if you choose the alternative option: ‘Join sell queue,’ you have to wait a while as they search for buyers to buy the unknown footballer’s stocks/stock. The thing is, if the footballer’s stock on sale is a person on-demand, it will only take a matter of minutes to get the buyer, but if they are unknown, it may take weeks, even months, to get the buyer.  

Football Index is not your regular sportsbook bookmaker; they came into the sports betting industry with a whole new approach. Unlike other gambling platforms, this company has an academy where they coach their prospective clients to augment their winnings. They provide you with useful tips and guides on how to go about making your first deposit and transaction while on the site. Everything is well explained and in a very concise form. This allows users of the platform a fundamental knowledge of what they are up against. But the academy is not meant for beginners alone; there is also something for existing traders. 

The company has the biggest Welcome Bonus in the bookmark industry, not just that; they offer this bonus with a “money back guarantee” policy. So, even when you are not sure of your stakes as a new player, you can always protect yourself against losses with this kind of offer. This is how this works; once you start gambling on this site, the company will refund you if you fail to win any game after the first seven days of opening an account with them. You should expect to be refunded your losses which are up to a value of £500. But to claim this money back, you just have to sell your shares with them, then the company’s customer service desk will credit you with those funds you have lost. 

It is easier to pick the wrong game at your first attempt, but with offers like this, new traders on the platform can learn from their past mistakes without losing their balance. And if you are so lucky, or you are too good at football gambling, any profit you make at your first attempt is all yours to keep.  

Players can access the platform through a mobile app. And it is iOS and Android integrated. 

Unlike what you see on other betting platforms, there are just two payment methods on this platform: Visa and Mastercard. Both the minimum deposit and withdrawal limit is £10, but there are no specific maximum withdrawal limits at the time of this review.