| Football Index into Admin 22:29 - Mar 11 with 3351 views | ElderGrizzly |
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| Football Index into Admin on 22:41 - Mar 11 with 2692 views | Marshalls_Mullet |
When the fun stops... |  |
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| Football Index into Admin on 23:00 - Mar 11 with 2628 views | J2BLUE |
I take no pleasure in being right about this. The stories of people losing big are sickening. |  |
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| Football Index into Admin on 23:02 - Mar 11 with 2597 views | Marshalls_Mullet |
| Football Index into Admin on 23:00 - Mar 11 by J2BLUE |
I take no pleasure in being right about this. The stories of people losing big are sickening. |
There seem to have been quite a lot of warnings to get out over the past few months.
Did seem like an odd model that was open to manipulation.
Anyone betting should always be prepared to lose their stake. ...main issue is the way this was dressed up to pretend it wasn't betting.
Do you know whether they still featured on Talksport regularly? [Post edited 11 Mar 2021 23:03]
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| Football Index into Admin on 23:05 - Mar 11 with 2579 views | J2BLUE |
| Football Index into Admin on 23:02 - Mar 11 by Marshalls_Mullet |
There seem to have been quite a lot of warnings to get out over the past few months.
Did seem like an odd model that was open to manipulation.
Anyone betting should always be prepared to lose their stake. ...main issue is the way this was dressed up to pretend it wasn't betting.
Do you know whether they still featured on Talksport regularly? [Post edited 11 Mar 2021 23:03]
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Few months? I was posting on here about it at least a couple of years ago. Couldn't get my head around the concept. Imaginary shares given value only by 'dividends' which needed a bigger mug to pay more for them tomorrow.
I briefly changed my mind but that nagging doubt got me out again thankfully. | |
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| Football Index into Admin on 23:11 - Mar 11 with 2527 views | Marshalls_Mullet |
| Football Index into Admin on 23:05 - Mar 11 by J2BLUE |
Few months? I was posting on here about it at least a couple of years ago. Couldn't get my head around the concept. Imaginary shares given value only by 'dividends' which needed a bigger mug to pay more for them tomorrow.
I briefly changed my mind but that nagging doubt got me out again thankfully. |
Totally agree, it never seemed right to me.
But I didn't partake, so thought maybe I was missing something. Clearly not. | |
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| Football Index into Admin on 23:14 - Mar 11 with 2508 views | BlueBadger |
| Football Index into Admin on 23:00 - Mar 11 by J2BLUE |
I take no pleasure in being right about this. The stories of people losing big are sickening. |
Sadly, it's as upsetting as it was wholly predictable. |  |
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| Football Index into Admin on 23:25 - Mar 11 with 2465 views | J2BLUE |
| Football Index into Admin on 23:14 - Mar 11 by BlueBadger |
Sadly, it's as upsetting as it was wholly predictable. |
I was suspicious they were in trouble when they started spamming me with risk free £500 offers. | |
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| Football Index into Admin on 23:31 - Mar 11 with 2442 views | BlueBadger |
| Football Index into Admin on 23:25 - Mar 11 by J2BLUE |
I was suspicious they were in trouble when they started spamming me with risk free £500 offers. |
Football Index by BlueBadger 9 Dec 2020 17:19Literally nobody could have predicted that this get rich scheme that looked like it was aimed squarely at the gullible would have been a scam.
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| Football Index into Admin on 23:43 - Mar 11 with 2388 views | J2BLUE |
| Football Index into Admin on 23:31 - Mar 11 by BlueBadger |
Football Index by BlueBadger 9 Dec 2020 17:19Literally nobody could have predicted that this get rich scheme that looked like it was aimed squarely at the gullible would have been a scam.
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Be a bit more sympathetic. Even Newton lost a fortune in the South Sea shares.
Edit Apologies to Einstein. [Post edited 11 Mar 2021 23:48]
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| Football Index into Admin on 00:18 - Mar 12 with 2317 views | Swansea_Blue |
I didn't know anything about it until the reports of major losses recently. That's an excellent summary and given all that was know it's amazing that people threw serious money at it. |  |
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| Football Index into Admin on 00:27 - Mar 12 with 2293 views | wkj |
Football Index - thoughts? by Alan_Handsome 25 May 2018 14:31Is anyone on here involved in FI? I've been doing it seriosuly now for about 8 months and i'm struggling to see a catch? I've ploughed in £9334 and made £2086 profit, not through any 'system' or 'method'....but just by buying players who are presently undervalued (Grealish, Sessegnon, Cairney, Mawson (he's better than swansea), Lascelles, Jota, Neves, Boly etc) and watching them increase with time, as they get closer to teh promised land of the PL, or a transfer. Made some money on some young european talent who are improving all the time (NDombele, Aouar, Pavard etc) just as a result of knowing who to watch out for in europe (mainly as a result of listening to EVERY football podcast going). Grealish for example, bought him for 97p about 6 months ago....he's £1.60 now and rising. The other thing that seems quite easy to get a return on is injured players.....buy them JUST as they are starting to come back from injury and watch them rise (Milik for example, and maybe Mings next).
I've heard people comparing it to a ponzi scheme ha ha, but i can't see that, given that it's regulated.
I just wondered whether anyone else on here was investing in it?
I think with the massively increased advertising/marketting campaign that it'll take off as the World cup comes round.
Thoughts????
It is crazy how enticing it seemed last year with some people claiming to make 'easy money'
I hope dear of Alan Handsome didn't get fleeced. [Post edited 12 Mar 2021 0:32]
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| Football Index into Admin on 00:34 - Mar 12 with 2278 views | DropCliffsNotBombs |
| Football Index into Admin on 00:27 - Mar 12 by wkj |
Football Index - thoughts? by Alan_Handsome 25 May 2018 14:31Is anyone on here involved in FI? I've been doing it seriosuly now for about 8 months and i'm struggling to see a catch? I've ploughed in £9334 and made £2086 profit, not through any 'system' or 'method'....but just by buying players who are presently undervalued (Grealish, Sessegnon, Cairney, Mawson (he's better than swansea), Lascelles, Jota, Neves, Boly etc) and watching them increase with time, as they get closer to teh promised land of the PL, or a transfer. Made some money on some young european talent who are improving all the time (NDombele, Aouar, Pavard etc) just as a result of knowing who to watch out for in europe (mainly as a result of listening to EVERY football podcast going). Grealish for example, bought him for 97p about 6 months ago....he's £1.60 now and rising. The other thing that seems quite easy to get a return on is injured players.....buy them JUST as they are starting to come back from injury and watch them rise (Milik for example, and maybe Mings next).
I've heard people comparing it to a ponzi scheme ha ha, but i can't see that, given that it's regulated.
I just wondered whether anyone else on here was investing in it?
I think with the massively increased advertising/marketting campaign that it'll take off as the World cup comes round.
Thoughts????
It is crazy how enticing it seemed last year with some people claiming to make 'easy money'
I hope dear of Alan Handsome didn't get fleeced. [Post edited 12 Mar 2021 0:32]
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If its the guy I'm thinking of, he's an artist and a real account. Really hope he hasn't been burned too badly. |  | | |
| Football Index into Admin on 00:35 - Mar 12 with 2269 views | wkj |
| Football Index into Admin on 00:34 - Mar 12 by DropCliffsNotBombs |
If its the guy I'm thinking of, he's an artist and a real account. Really hope he hasn't been burned too badly. |
Aiye, I corrected my assumption, it seemed the internet was being odd for a short 10 minutes. | |
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| Football Index into Admin on 06:41 - Mar 12 with 2062 views | The_Romford_Blue |
| Football Index into Admin on 23:05 - Mar 11 by J2BLUE |
Few months? I was posting on here about it at least a couple of years ago. Couldn't get my head around the concept. Imaginary shares given value only by 'dividends' which needed a bigger mug to pay more for them tomorrow.
I briefly changed my mind but that nagging doubt got me out again thankfully. |
I also remember on here about two years ago agreeing with you that it was a ridiculous concept. Would never be something I’d be interested in. At least with live sports betting there’s form and ideas to go on. With this it just seemed they raised and lowered whichever players they wished at any given time. [Post edited 12 Mar 2021 18:35]
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| Football Index into Admin on 07:56 - Mar 12 with 1903 views | Bluefish |
| Football Index into Admin on 00:27 - Mar 12 by wkj |
Football Index - thoughts? by Alan_Handsome 25 May 2018 14:31Is anyone on here involved in FI? I've been doing it seriosuly now for about 8 months and i'm struggling to see a catch? I've ploughed in £9334 and made £2086 profit, not through any 'system' or 'method'....but just by buying players who are presently undervalued (Grealish, Sessegnon, Cairney, Mawson (he's better than swansea), Lascelles, Jota, Neves, Boly etc) and watching them increase with time, as they get closer to teh promised land of the PL, or a transfer. Made some money on some young european talent who are improving all the time (NDombele, Aouar, Pavard etc) just as a result of knowing who to watch out for in europe (mainly as a result of listening to EVERY football podcast going). Grealish for example, bought him for 97p about 6 months ago....he's £1.60 now and rising. The other thing that seems quite easy to get a return on is injured players.....buy them JUST as they are starting to come back from injury and watch them rise (Milik for example, and maybe Mings next).
I've heard people comparing it to a ponzi scheme ha ha, but i can't see that, given that it's regulated.
I just wondered whether anyone else on here was investing in it?
I think with the massively increased advertising/marketting campaign that it'll take off as the World cup comes round.
Thoughts????
It is crazy how enticing it seemed last year with some people claiming to make 'easy money'
I hope dear of Alan Handsome didn't get fleeced. [Post edited 12 Mar 2021 0:32]
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This is exactly how I see J2. Argues both sides of an argument and then later down the line says I told you so |  |
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| Football Index into Admin on 08:35 - Mar 12 with 1787 views | JakeITFC |
| Football Index into Admin on 00:27 - Mar 12 by wkj |
Football Index - thoughts? by Alan_Handsome 25 May 2018 14:31Is anyone on here involved in FI? I've been doing it seriosuly now for about 8 months and i'm struggling to see a catch? I've ploughed in £9334 and made £2086 profit, not through any 'system' or 'method'....but just by buying players who are presently undervalued (Grealish, Sessegnon, Cairney, Mawson (he's better than swansea), Lascelles, Jota, Neves, Boly etc) and watching them increase with time, as they get closer to teh promised land of the PL, or a transfer. Made some money on some young european talent who are improving all the time (NDombele, Aouar, Pavard etc) just as a result of knowing who to watch out for in europe (mainly as a result of listening to EVERY football podcast going). Grealish for example, bought him for 97p about 6 months ago....he's £1.60 now and rising. The other thing that seems quite easy to get a return on is injured players.....buy them JUST as they are starting to come back from injury and watch them rise (Milik for example, and maybe Mings next).
I've heard people comparing it to a ponzi scheme ha ha, but i can't see that, given that it's regulated.
I just wondered whether anyone else on here was investing in it?
I think with the massively increased advertising/marketting campaign that it'll take off as the World cup comes round.
Thoughts????
It is crazy how enticing it seemed last year with some people claiming to make 'easy money'
I hope dear of Alan Handsome didn't get fleeced. [Post edited 12 Mar 2021 0:32]
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I think it’s probably fair to say a lot of people would have made easy money - anybody with half a brain could work out which players were going to go up in value on the site (based on the previous actions of buyers on there, the actual market mechanics made no sense).
The problem was always going to come when the tap of new subscribers/deposits stopped. They’d actually built a way of paying people via dividends that got it slightly away from a non-sensical pyramid type scheme for player ownership (I.e. there was a genuine value in holding a share in a player now) and the reason that this is now in the region of fraud by Football Index is that they gave the impression of rude financial health and continued growth to the punters when they clearly knew this wasn’t the case.
Lots of financial investments/bets/anything else can look stupid or risky from the outside, and it’s very easy for us to say I told you so from the outside but you have to feel for people who have been effectively conned by a company that was giving off a veneer of respectability that simply wasn’t justified. |  | | |
| Football Index into Admin on 10:14 - Mar 12 with 1647 views | Charlie_pl_baxter |
I just popped a quick message into some of the Whatsapp groups I'm in in case anyone I know lost out because of this and needed to talk. Fortunately none of them had but two of them know three guys who had lost £160k between them. Two of them have lost their house/family as a result.
Might be worth reaching out to check in with people as many will need someone to talk to. [Post edited 12 Mar 2021 10:15]
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| Football Index into Admin on 15:13 - Mar 12 with 1452 views | J2BLUE |
| Football Index into Admin on 06:41 - Mar 12 by The_Romford_Blue |
I also remember on here about two years ago agreeing with you that it was a ridiculous concept. Would never be something I’d be interested in. At least with live sports betting there’s form and ideas to go on. With this it just seemed they raised and lowered whichever players they wished at any given time. [Post edited 12 Mar 2021 18:35]
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Arguing with me? As in on the same side or against me? I've always said it was a ponzi scheme. I did have a brief period of going back in but I couldn't help feeling it was one of those that the music would eventually stop and whoever held the shares would be in trouble. | |
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| Football Index into Admin on 15:15 - Mar 12 with 1436 views | jeera |
| Football Index into Admin on 15:13 - Mar 12 by J2BLUE |
Arguing with me? As in on the same side or against me? I've always said it was a ponzi scheme. I did have a brief period of going back in but I couldn't help feeling it was one of those that the music would eventually stop and whoever held the shares would be in trouble. |
I would assume it's a typo for agreeing? |  |
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| Football Index into Admin on 15:17 - Mar 12 with 1426 views | J2BLUE |
| Football Index into Admin on 07:56 - Mar 12 by Bluefish |
This is exactly how I see J2. Argues both sides of an argument and then later down the line says I told you so |
Can't see his posts.
People are free to look back over my posts on FI. Apart from a brief period where a mate convinced me it was just a different form of betting i've been very consistent warning against it. | |
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| Football Index into Admin on 15:18 - Mar 12 with 1418 views | J2BLUE |
| Football Index into Admin on 15:15 - Mar 12 by jeera |
I would assume it's a typo for agreeing? |
Yea I do think he's agreeing with me! | |
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| Football Index into Admin on 15:19 - Mar 12 with 1406 views | monytowbray |
| Football Index into Admin on 23:00 - Mar 11 by J2BLUE |
I take no pleasure in being right about this. The stories of people losing big are sickening. |
Chuck us some background on your thoughts and the history J2? I've been blind to threads on FI as gambling/investing really doesn't appeal to me and I rarely click.
I did see it advertised a lot in London when it first got traction and wondered if there is anything a middle man won't flog for profit. Then again I was also surprised the dominance of exploitational market forces in that form took so long to get to the already gamble-rich culture of sports. |  |
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| Football Index into Admin on 15:20 - Mar 12 with 1406 views | jeera |
| Football Index into Admin on 15:18 - Mar 12 by J2BLUE |
Yea I do think he's agreeing with me! |
You arguing with me? | |
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| Football Index into Admin on 15:25 - Mar 12 with 1382 views | J2BLUE |
| Football Index into Admin on 15:19 - Mar 12 by monytowbray |
Chuck us some background on your thoughts and the history J2? I've been blind to threads on FI as gambling/investing really doesn't appeal to me and I rarely click.
I did see it advertised a lot in London when it first got traction and wondered if there is anything a middle man won't flog for profit. Then again I was also surprised the dominance of exploitational market forces in that form took so long to get to the already gamble-rich culture of sports. |
I got into this when it launched and some of my extended family went in big time on it. Doing it for a living at one point. I didn't feel comfortable with it and it seemed to rely on people paying you more for fake shares tomorrow than you paid today. I always felt like there would eventually be a peak in the amount of money pumped in and eventually people would collectively realise they are essentially buying nothing.
A mate convinced me it was just like normal betting and the value was in the dividends so I got back in for a short time with five young players. I was still uncomfortable wit it though and lost interest quite quickly. Once I discovered Trading 212, real shares of real companies I completely lost interest.
A mate was in quite deep on shares of Raheem Sterling and there was a big spread between the buy and sell price. FI seemed to constantly be changing deals, offering risk free £500 trades and changing the structure. Similar warning signs to actual bookies who tend to start throwing very good offers out there to try and get cash on board. | |
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