[Football] Anyone tried Football Index?

[jessiejames]

I miss Celebdaq and Sportsdaq, both were run by the BBC, it was free to play and run the same way as Football index. You started off with a virtual £500, the you would invest, dividends played weekly. When you made a million you would get a millionaire symbol, £5m= mansion and so on.
When the BBC stopped it, I had made over £180million in symbols. BBC use to dedicate a show to it as it was that popular. Over 40 million people played on line.

 

[Iggle Piggle]

That looks like goodnight

https://trade.footballindex.co.uk/company-announcement-110321/

 

[Mortdecai]

https://www.msn.com/en-gb/money/com...ters-administration/ar-BB1eumJp?ocid=msedgdhp

 

[JOLovegrove]

Did anyone have money invested in this? DM me if you did.

 

[Weststander]

Never invested a penny - Couldn't get my head around how everyone seemed to be making money which as the saying go "if it's too good to be true it probably is" 2 unrelated points :

1. The most I've seen is someone on Twitter who had 65K in there. Shit the bed.
2. The Gambling commission has been warned by people in the industry that it was basically a Ponzi scheme. They ignored it. It's stuff like this which gives the industry a bad name.

In laymans terms, it is like the Stock market wiping 80% of the value off everything so no matter what portfolio you have, you will be down.

Prophetic words.

 

[super-seagulls]

Did anyone have money invested in this? DM me if you did.

I put in a tenner a few years ago, got it up to around £30. Worthless now though!

 

[Jello]

For those who lost over £200
Leigh Day are investigating claims on behalf of Football Index ‘traders’ who believe they have been misled by the platform and failed by the Gambling Commission. https://www.leighday.co.uk/our-services/product-safety-and-consumer-law/consumer-law/football-index-group-claim/

 

[Gabbafella]

I have about £40 in it, obviously won't see it again. As soon as I joined it seemed like a scam anyway, they make it very difficult for you to sell or cash in your imaginary shares.
Lesson learned I guess.

 

[The Wookiee]

I miss Celebdaq and Sportsdaq, both were run by the BBC, it was free to play and run the same way as Football index. You started off with a virtual £500, the you would invest, dividends played weekly. When you made a million you would get a millionaire symbol, £5m= mansion and so on.
When the BBC stopped it, I had made over £180million in symbols. BBC use to dedicate a show to it as it was that popular. Over 40 million people played on line.

I liked it too, don’t know why it was stopped - seemed very popular

 

[The Wookiee]

I miss Celebdaq and Sportsdaq, both were run by the BBC, it was free to play and run the same way as Football index. You started off with a virtual £500, the you would invest, dividends played weekly. When you made a million you would get a millionaire symbol, £5m= mansion and so on.
When the BBC stopped it, I had made over £180million in symbols. BBC use to dedicate a show to it as it was that popular. Over 40 million people played on line.

Just found this

https://www.celebdaq.co.uk/

Looks like somebody has restarted it

 

[Chinman3000]

I cant believe they were allowed to use terminology like 'Shares' and 'Dividends' which meant people likely associated it to legitimate markets and assets rather than the fictional gambling game it really was.

Had all the hallmarks of a scandal from day one.

 

[bhafc99]

I cant believe they were allowed to use terminology like 'Shares' and 'Dividends' which meant people likely associated it to legitimate markets and assets rather than the fictional gambling game it really was.

Had all the hallmarks of a scandal from day one.

Very much this. Plot has also thickened today, with the revelation that The Gambling Commission were thoroughly briefed on all the risks and concerns as far back as Jan 2020. But continued to allow TFI to continue on regardless.

https://www.theguardian.com/footbal...index-gambling-commission-warned-january-2020


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[Iggle Piggle]

Very much this. Plot has also thickened today, with the revelation that The Gambling Commission were thoroughly briefed on all the risks and concerns as far back as Jan 2020. But continued to allow TFI to continue on regardless.

https://www.theguardian.com/footbal...index-gambling-commission-warned-january-2020


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The author of that article is Greg Wood who is a Brighton fan and used to frequent this parish.

 

[Driver8]

I cant believe they were allowed to use terminology like 'Shares' and 'Dividends' which meant people likely associated it to legitimate markets and assets rather than the fictional gambling game it really was.

Had all the hallmarks of a scandal from day one.

What did people think they were buying “shares” in exactly?