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Post by bluechip on Jul 26, 2018 12:50:53 GMT
John Motson just announced as the voice for the adverts on Radio & TV. Plus 10% deposit bonus for a few days. It's flying, hope some of you took advantage before the boom!
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macq
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Post by macq on Jul 26, 2018 14:17:13 GMT
John Motson just announced as the voice for the adverts on Radio & TV. Plus 10% deposit bonus for a few days. It's flying, hope some of you took advantage before the boom! Where did you see the 10% as can't see on their homepage?
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Post by bluechip on Jul 26, 2018 14:21:47 GMT
On the main dashboard when you log-in is where I saw it, where it says "Promotions", it scrolls through tips of the day etc and it's there, can't miss it. Their marketing person posted a link on twitter as well, here you go: Pasted from site, but I'm sure you'll be able to find it, got to put name/email address before you deposit to ensure the transaction is logged on their system, then they pay it into your account on the 1st August. Done this a few times and it works a charm, got to trade to withdraw though, but if you get on it quick you will make a lot as people get paid tomorrow and will be piling in over the weekend I imagine. Not sure if the link will work, I'm not very tech savvy, but my portfolio has grown 3.5% since they announced it at lunch time. You have until Tuesday night Make sure you OPT-IN below 👇 (T&C's apply) trade.footballindex.co.uk/july-10-bonus/
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macq
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Post by macq on Jul 26, 2018 15:00:58 GMT
On the main dashboard when you log-in is where I saw it, where it says "Promotions", it scrolls through tips of the day etc and it's there, can't miss it. Their marketing person posted a link on twitter as well, here you go: Pasted from site, but I'm sure you'll be able to find it, got to put name/email address before you deposit to ensure the transaction is logged on their system, then they pay it into your account on the 1st August. Done this a few times and it works a charm, got to trade to withdraw though, but if you get on it quick you will make a lot as people get paid tomorrow and will be piling in over the weekend I imagine. Not sure if the link will work, I'm not very tech savvy, but my portfolio has grown 3.5% since they announced it at lunch time. You have until Tuesday night Make sure you OPT-IN below 👇 (T&C's apply) trade.footballindex.co.uk/july-10-bonus/ thanks - may be a place instead for some fixed odds money & a bit of fun rather then getting rich for me
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Post by Butch Cassidy on Jul 29, 2018 5:59:27 GMT
I joined a week ago for a bit of fun & as an experiment since I rather buy in to the growth concept as outlined by OP - I'm no football expert but do understand markets, trading & can often recognise whether an asset is under/over or fairly valued. Currently my portfolio has risen by 5% largely due to the pre season buying, transfer speculation & recent 10% deposit bonus scheme (less so my selection skills or football knowledge).
So next week I have 2 choices; sell up after having received my deposit bonus for a 10-12% profit after sales fees (not a bad return in less than 2 weeks) or continue with approx. 115% of my starting capital which I intend to do. Going forward to this time next year if I average a 1% monthly loss I should break even & a 1% gain will give a 25%+ profit both would be acceptable outcomes but I shall enjoy the ride & look at German/Spanish/Italian/French football results with added enthusiasm in future. I still think the Seedrs equity will be a good investment (disclaimer: I don't currently hold any but do intend to buy if the SM chance arises).
Just a quick word of thanks to bluechip for highlighting the opportunity & for his very generous advice & guidance via PM which helped me avoid some easy beginners pitfalls & good luck to anyone who participates - Do you want any Neymar?
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edward
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Post by edward on Jul 31, 2018 16:19:27 GMT
Special offer 10% bonus extended....but no payouts until end of the revised promotional period of midnight 6/8. I assume this will not be extended indefinitely...
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invester
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Post by invester on Aug 1, 2018 8:58:10 GMT
I like the look of the latest offer.
Can someone explain to me how to best do it? Can I make an offer below the spread for players (I understand that you can put an offer in to sell this way).
What would be the least risk strategy to protect capital? I am only interested in getting the bonus and selling out, much like the position BC has got. Are there certain players whose liquidity makes it easy to trade?
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Post by Butch Cassidy on Aug 1, 2018 9:39:53 GMT
I like the look of the latest offer. Can someone explain to me how to best do it? Can I make an offer below the spread for players (I understand that you can put an offer in to sell this way). What would be the least risk strategy to protect capital? I am only interested in getting the bonus and selling out, much like the position BC has got. Are there certain players whose liquidity makes it easy to trade? I believe that your strategy would be both possible & profitable but probably not as much as you think; any sales attract an unavoidable 2% selling fee, & whilst there is an immediate sell option it is usually at a 3% lower spread so 5% total cost. This extra 3% spread is avoidable by selling to market (join a queue to sell at the buy price, with a minimum sell price option) but this relies on demand from other buyers & the timing of any sale is therefore not guaranteed. Currently there seems to be strong demand & I sold a couple of players within a couple of hours but this might not be the case after the promotion, especially as many people seem to have a similar strategy to you according to the forum posts.
If I were going to perform your strategy I would spread my money between a selection of the top 50 players, so almost guaranteeing future demand & these players are £3+ so don't require too many purchases to spend even the maximum £10K (£1k maximum bonus available) as every 100 futures pushes the price by 1p either way. Diversifying across say 20 players would even out any chance that a catastrophic injury might prompt a large price fall & any falls might be balanced out with some rises across the portfolio.
I guesstimate a return of between 5-7% would be possible which is far from shabby in less than a week but obviously whilst ever you money is out prices can fluctuate & FI may choose to withhold any bonus if they believe too many people are simply playing the system, as there is some sort of catch all "abuse clause" according to the forum but good luck & please report back with results should you choose to give it a try.
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Post by bluechip on Aug 1, 2018 14:52:58 GMT
Hi - I'd strongly advise against joining and then pulling out immediately to simply profit from the 10% offer. As Butch says they do have an option to void the bonus if they think it is being abused and I personally find it unethical, (I'm sure you don't care about that and just want free money) - but as I have promoted the platform on here I feel uncomfortable.
The point of this bonus is to reward loyal clients, encourage new members before the start of the new season and to give people a bit of room for trial and error with their trading methods (it's much easier to try new things with other peoples money and 10% buffer as well as a refund if you lose money is more than enough help for new users). To abuse the bonus is damaging to users of the platform who will lose confidence seeing a dip-in - dip-out strategy being adopted by other traders - this will cause declines in portfolios across the board and give people a false confidence. Please consider that this is a young business trying to grow, tactics like this are damaging and not why I suggested people use the platform.
Who wouldn't like the offer for a free 5% (give or take after commissions), they would soon go out of business if everybody followed this approach and I'd be amazed if you joined as a new member and then withdrew everything within days and got away with the bonus on top! If you do follow through please let me know if you manage to get away with it (I won't report as it will probably benefit me more knowing). Obviously it will be your lucky day, but as an investor in the business and somebody that has a large personal portfolio invested with the platform I would be worried about management if this wasn't picked up and I would begin to reduce my holdings.
These 10% offers are fantastic for traders, it benefits everyone - if they are abused then it ruins it for everyone and it will probably be more hassle than it's worth for you as well as you will likely have your account suspended adopting such a blatant money gram approach. So please consider the bigger picture as it has potentially major knock on effects.
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r00lish67
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Post by r00lish67 on Aug 1, 2018 15:03:37 GMT
I respect your choice of ethical stance bluechip ,each to their own, but when it comes to the gambling industry their entire modus operandi is to extract the maximum possible cash from gamblers through taking full advantage of their highly quantified approach to what (most) of their punters regard as a spot of fun. This also extends to exploiting the weak and vulnerable e.g. FOBT abuse and gambling addicts being offered free bets to continue gambling, both of which have been in and out of the news in recent years. Taking that into account, if one can find a way to turn the odds into your favour within the T's and C's and of course within the law, then my personal view is that's fantastic, and the very best of British to those who try. edit: from my experience in matched betting, I would regard 'bonus abuse' as constituting much more malevolent things such as trying to open multiple accounts under pseudonyms or 'mule' accounts under a friend's name, which I would certainly not advocate. I have scores of bookmakers accounts opened for various promotions, none of which have ever been closed for abuse despite being generally profitable (for me). That said, who knows what FI regard as abuse, I may be wrong.
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Post by bluechip on Aug 1, 2018 15:27:15 GMT
Don't get me wrong I want to take from the house as much as possible and I'm certainly not against exploiting loopholes when big business has a flaw.
But this isn't a typical bookies/casino, it's more like a brokerage - think of it as an exchange where you pay a fee to list players/sell players, they provide the forum and take a small cut to do this. Or if you are playing poker the house takes a small piece of the pot to cover the dealer, facilities, etc. It's not a major company that wants to give money away for nothing, I'm sure it could afford it, but it's not why I suggested people look at this is a possible alternative investment. I opened it up on here as the 5% take home if you get away with it is peanuts compared to what can be made if you play the game and learn how to do it properly. I used to have no stress lining up to get public transport, but it only takes one or two try and jump the line and then it causes mayhem for everybody.
My Bet365 account recently stopped giving money to people as a bonus as people were just taking it, so now they credit a bet - worse for those that don't abuse the system, but some people just joined to take advantage and ruined it for everyone else. I don't want that to happen to this platform, as it's going great and plenty of money is to be made by everybody.
I'm sure there are thousands of people thinking of abusing this system as it is so obvious for somebody to do this - especially if you have never even heard of the platform until recently and have no money tied up or emotional attachment. I can't imagine the platform is not aware of the flaw in their promotion, which is why they have added clauses to claw back the money if abuse is suspected. I think depositing money, to get a bonus then withdrawing everything within days will be a major red flag on their system - it will likely mean the person responsible loses money and comes away feeling robbed/upset and it has the knock on effect of causing serious investors to worry as the market is 'dropping' on account of these abusers.
Since trading with FI I have earned far more in dividends than I have paid in trading commission, because I play by their rules and I am wise enough not to sell players unless I have to so I avoid the 2%+ commission.
Rather than having the image of a major money grabbing casino in your mind, think of it more like an independent butcher at a market letting you try his cooked sausages before buying - not many people would keep eating the sausages until they are stuffed and not buy any - but the tactics talked about here are the equivalent of doing that and also running around the market telling people not to go to the butchers stand as he is out of free sausages!
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carolus
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Post by carolus on Aug 2, 2018 13:34:24 GMT
They are licensed by the Gambling Comission, not by the FCA. That, to me, seems a clear indication that they should be treated as a gambling platform and not some sort of investment provider. They are offering bonuses to encourage people to gamble on their site. I'm with r00lish67 on this. If the t&cs are such that they can be profited from, it is not reasonable to expect that I would hold back out of the goodness of my heart. You appear to have a rather rosy view of how these companies operate, which I'm afraid I do not share. I do not for one second believe that any of these companies would help me out in such a situation. The reality is that these promotions come from specific marketing schemes that they have costed and accepted that they will lose out on. I also challenge the portrayal of them as a fledgling business. As far as I can tell they were operating at least as far back as April 2016.
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fric
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Post by fric on Aug 7, 2018 12:12:47 GMT
So let me get this straight:
you buy imaginary "shares" of football players and hope for a profit if the football player becomes more valuable? So basically its fantasy football with betting your real money on player value increase instead of betting on player performance to win the fantasy league? So its 100% gambling/betting and everything is made up on paper (well, apart from the actual football players who play and become better IRL)? Not sure why is this even on a investment forum. Gambling/betting is not investment...
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aligibbs
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Post by aligibbs on Aug 7, 2018 12:56:01 GMT
Definitely sounds like gambling to me.
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invester
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Post by invester on Aug 7, 2018 13:08:56 GMT
At the very least, you are gambling on the company being viable..... given that nobody knows exactly what their profits are doesn't really fill me with confidence.
The fact is, the only factors that will increase portfolio values is either the parent company earning more in transaction fees to pay out in dividends, or more money entering the platform which raises demand for assets.
That is why so many people talk positively about it, because of vested interest. But it seems to me, the later you join, the less chance you will have of making decent gains. Fantasy football has endured the test of time because it is free, or almost free. That isn't the same here. We can't assess the health of the company at all, and if they did a Collateral, the funds would be basically be gone, as the underlying assets they are invested in are not assets at all. Not saying that would happen, but an adverse story about the site could easily see a run on it.
To balance this out, the secondary market is open on Seedrs and I can't find this up for sale. So perhaps people are happy with it.
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