Absolutely. I'm just more interested in trying to get players super low, before they fly up. Martinelli is £3.43 a share at the moment.
Ahh there used to be a lot of money to made in this, people kept tryna convince me it was a scam though so didn't make as much I coulda made. I didn't have the patience required to sit on the top players, always looking for quick profit flips.
I deposited £100 into this, I made a loss, but a strange thing happened when I tried to buy Josip Illic, the site seemed to crash a bit while I was trying to buy him, so I clicked buy all twice, next thing I know, the transaction happened twice.... Meaning I doubled my bank account. Looks like a bug on the site, I was expecting the money to be taken away from at some point, but looks like its a bug/glitch in the system. Got the money deposited into my bank account this morning. I withdrew the money coming out with a profit. I tried to double my money and take advantage of the glitch again but it didnt work out . Closed my account with them, not sure where you can make a lot of profit considering the database of players available is quite small and any new younger player that comes onto the system sells at about £2-£3..... Easier to make money on football matches. 20200204-235026
I think you're looking at this wrong. For instance, I deposited £600 in November and now my portfolio is at £722 as we speak. I also have some money in the stock market with smaller returns which I've researched far more than the Football Index, so my point is making money on FI is not exactly difficult. Basically I'd say the first 2 months where me making silly mistakes on FI which is fine because I was learning. I was buying players assuming they'd pay dividends forever etc...I also put about £500 of my money into the top 100 players which is also a pretty silly strategy, yet I'm still up £120 over 4 months which is decent enough and it would be much, much more without my early mistakes. One mistake a lot of people do is trade too short-term and panic when players go down. For instance, I had about 5 shares in Krovinovic when I started and he sat at 39p for 3 months as he had done the previous 3. I knew he was a good player, but he wasn't playing enough. Then about 2 weeks back he had a breakout game vs Milwall and now he's currently worth 72p which is almost a 100% increase in that time. In short, the gains in FI are fantastic and they're far better than the regular stock-market. The only worry I'd look at is if the owner was losing money and f***ed off which is always a possibility but I doubt it, otherwise it's quite an easy, safe way to make money. Personally I don't look at newly entered players and rarely ones in the top 200 as they're almost their own bubble. I made most of my money on players like Ighalo, Ings and a player called Vinicius for Benfica, all where massively undervalued and I didn't do hours of research into them either so there's definitely money to be made.
£122 return from £600 over the course of 4 months is nothing to shout about.... You could have followed my last 3 subtle hints at tipping in the last 3 Millwall threads (well, Leeds, Fulham and Preston threads) and made £700 profit if using your accumulative winnings, or about £400 if doing individually. It's good for a little bit of fun I guess. I imagine a lot of people made a lot of money on this in the early days when they could scoop up players like Mbappe and Neymar on the cheap. Oh, and Vincius is quite well known, he's hardly a nobody, I went to buy him straight away, but realised buying 10 of him at £1.10 when he isn't playin in the top 5 is just a waste of an investment, you need proper money to make any kind of profit worthwhile and wait for a big transfer.
You're thinking about it wrong, as a percentage it is a massive increase in that time, the average portfolio on the stock market is happy to return 10% per year, which would mean me ending up £660 after the first year on FI. I'm on about millionaires and billionaire portfolio managers. Or I could bet on football and make money but also lose it. I don't know of many long-term winners with football betting (I'm talking about over £100k in a lifetime as opposed to those doing it on the stock market). My point is, betting on football is much, much riskier whereas this is a slower, but safer investment. Or put another way, this is more akin to investing than it is gambling. For instance I purchased Vincius when he was around 60p. At this point he was already scoring for fun in Portugal. I did the same with Igahlo buying at 33p and then sold him at £1.40 and Ings was 60p selling for £1.20; I wasn't late to the party nor was I that early either and there's more examples. As I said earlier had I been less naive at the start I think it would be closer to £800-900 at this point. You're somewhat right about getting on board earlier with the likes of Mbappe etc, but my point still stands that there's money to be made on this as long as you view it with patience and don't rush your purchases.
We will agree to disagree on this, I would expect 10% in two weeks in football betting, as a minimum! My percentage wins are a lot higher on football betting than it would ever be on FI, but I agree with you it's not easy to become profitable on betting on football, and I would strongly encourage anyone who thinks about starting gambling on football to not put on their first bet. I've had time where I've been watching some no mark team in the AFC Cup between a team from Burma away to a team from Vietnam waiting for a goal That kind of betting just leads in one direction, and it isn't pretty!! A lot has been learnt from those days those including educating myself on the statistical side emerging out of the game. Although every now and again a freak match comes out of nowhere such as Barcelona home to Real Valladolid where they missed a penalty, 3 one on ones in the second half , but since I've used time series on R to track my results, it helps calm with the "tilt" or chasing the losses, to see they are only dips. Just to clarify, I only do small stakes on football matches these days, the decision making when doing high stakes (£1,000+) starts to go all over the place and mistakes are made when under serious pressure. But turning £100 into £150 on weekly basis is not that difficult in the world of football in my opinion.
I suppose our philosophies are completely different, you like to bet on football and if you're successful with that then more power to you but I think most people including myself cannot really profit on football betting over a long period. This is why I like FI as it's more similar to the stock market which I am comfortable with. My original point stands though that you can still make money on FI as long as you are looking in the right places.
Do you feel that FI has a bubble feel to it? It also felt like to me that you would only make serious money if you had £25,000 invested into it? Also is there a reliance on new players to keep the "prices" growing? Genuine questions, as I was new to FI but it didn't look appetizing to me.
It definitely has a bubble element to it and it would be naive to think otherwise. For instance, there's one guy who bought thousands of shares in Henderson at around 50p and he's now worth about £1.40 or something. This is Henderson we're on about too, he's no better than last season in terms of performance (yes Liverpool may win the league but he probably won't win the Champions League) and I know the Euro's will have a factor in his price but still, a 3 fold rise seems ridiculous and isn't based on a whole lot. So, I think if you sit on many players they may just rise as more people flock to the site as the popularity grows (FI now has big media coverage which is growing its user base which contributes to the bubble). Having said that, I still feel there's plenty of life left in it before the bubble pops and also there's still players to find who are well below value which doesn't have anything to do with a bubble. At the start of the season Mousset was at around 50p whilst Wesley for the Villa was at £1. They both had similar scoring records and Mousset went to over £1 whilst Wesley dropped a bit (before his injury) so there's definitely still irregularities you can exploit. As mentioned if I did it again I'd avoid the top 200 ranking players as they're definitely in a bubble and it's almost random as to who rises and declines in the top 200, whereas if you look for more obscure players that are out of the top 200 then there's money to be made (personally I like the Portugese league as the players there are very undervalued for some reason)
Wesley is shit though, going off topic, but I read an article by some people who analyse transfers and who was good value for money etc, and htey couldn't believe someone signed Wesley to play in the Premiership, but then they went on to say £25million was terrible value as well!!! I guess they are undervalued because they dont count towards match dividends, so youre just going to sit on them until they get a big signing. The Portuguese league has turned into a bit of a mug league now as well, Benfica and Porto use to dominate, but now their teams are nowhere near as strong as they use to. I'll leave you to it, Atalanta has been kind to me, to lay 0-0 went down to 6 which was nice to take advantage of for £20. (aftertiming classic ) but Atalanta have such a high output of XG created, love watching them play. I'm grateful to the bug on the football index site that gave me a free £60 anyway.
My point is, if he was worth £1 then Mousset should have been, who was instead worth 50p; they had an identical record which made Mousset a bargain at 50p and then he eventually rose to £1. I think you're right about the dividends, it still seems people are obsessed with them and factor them into purchasing too much. It's a nice addition but I think it's best to ignore them really, I also find the Scottish league decent for bargains which also has no real dividends.
I have just got it but not sure who to sign! Anyone got any tips? I don't follow the foreign leagues enough.
Now is a funny time to invest in fairness, a lot of the more obscure players have either stalled or dropped in value. Right now I wouldn't even know where to start as a beginner. A solid investment would be the big players right now due to the current dividend structure, the likes of Rashford, Neymar etc. I'm just sitting it out until the season begins again. Thankfully I have the big players who are slowly paying dividends.
Looks like lots of people were putting in money they couldn't afford to lose. Seeing stories of house deposits and life savings going down the drain. I was only putting in what I could afford to lose each month and never stretching myself financially but I still had a portfolio well into 4 figures. The gambling commission have now started an investigation into the company so there is a hope that some money might be returned but i'm not counting on ever seen it again.
Noticed Kieran Maguire mention it on his Twitter at the weekend with a number of individuals leaving. Their Social Media presence was agressive, any criticism of it i noticed any number of FX Bots/Fans would jump on you. After they had a dig at Paddy Power decided to have a look at their background and their investors.
Do you not feel a bit mislead though? All of their marketing was around “investing” in the football stock exchange and was very deliberate in separating itself from gambling. From what I’ve read, they also lied about the state of the businesses finances, as little as 2 weeks ago, to encourage more people to “invest” which is pretty appalling. No doubt some invested far too much (I’ve read of people maxing their credit cards and taking out huge loans) but they were also deliberately mislead.
