Football Index

[dwightschrute]

Football Index crash leaves angry traders facing up to huge losses

Some users on gambling platform lost five-figure sums overnight following company announcement over dividend change

www.football.london

Saw a thread but it was locked. Looks like its going to come crashing down with everyone trying to cash out?

 

[the sniderman]

Football Index crash leaves angry traders facing up to huge losses

Some users on gambling platform lost five-figure sums overnight following company announcement over dividend change

www.football.london

Saw a thread but it was locked. Looks like its going to come crashing down with everyone trying to cash out?

slimeball.

 

[Connor]

Always said it was a massive scam

When will people learn

 

[Efcjake]

Always said it was a massive scam

When will people learn

Bitcoin next

 

[EFCPaul]

The whole idea of spending money to possibly make money is just bizarre to me. It feels like flushing money down the toilet, will never find it appealing.

 

[twoblue]

The whole idea of spending money to possibly make money is just bizarre to me. It feels like flushing money down the toilet, will never find it appealing.

Gambling on sport yes, calculated buisness risks no

 

[DuuuncanHadaPigeon]

The whole idea of spending money to possibly make money is just bizarre to me. It feels like flushing money down the toilet, will never find it appealing.

not gonna make it

 

[chrismpw]

My two pence from Dec 2018:

[IMG alt="chrismpw"]https://www.grandoldteam.com/forum/data/avatars/m/9/9937.jpg?1587026057[/IMG]

chrismpw​

All I ask is an empty road.​

Forum Supporter

• December 10, 2018
• Add bookmark
• #35

Hmmm

Unless the money you 'invest' goes to help training the lad in a hard up football industry, who will return your interests and assistance, I can't help but see this as a pyramid scheme, where the few winners rely on the majority losing.

 

[KaiserEFC]

People actually signed up to Football Index? I thought it was really obvious that it was just gambling with extra steps

 

[GrandOldTeam]

Was inevitable.

The worst bit from all this is the EPL validated it. That should cause a massive overhaul+sackings+fines.

 

[GrandOldTeam]

People actually signed up to Football Index? I thought it was really obvious that it was just gambling with extra steps

It wasn't though, it was worse.

They blagged their own version of the stock market.

Just mad they got away with it for so long.

They tried to advertise on here 2017 and 2018. £70 per sign up - a crazily high CPA amount but I was pretty condemning in my response as it was so obvious it was doomed to fail.

 

[Simon Buttle]

Interesting article from BBC Business about it, suggestions it was nothing more than a glorified Ponzi scheme.
https://www.bbc.co.uk/news/business-56401707

No doubt some very serious questions need to be answered in regards to it.

 

[Bohemian Toffee]

Interesting article from BBC Business about it, suggestions it was nothing more than a glorified Ponzi scheme.
https://www.bbc.co.uk/news/business-56401707

No doubt some very serious questions need to be answered in regards to it.

The Athletic wrote it up a while back, interviewed people who had not only lost the value of their portfolios, but had sunk real money into it and lost it.

It was a classic Ponzi, needing new punters to keep the dividends rolling.

Absolute scumbags, I wrote before how they legitimized themselves by sponsoring clubs like Forest. Makes me wish for the days of Draper Tools and Laver timber merchants on shirts.

 

[the sniderman]

i would like to laugh at the transfer bozos who put money into this thinking they were mega marcel but really i just hope no one on here has lost money to these disgusting sharks.

 

[KaiserEFC]

It wasn't though, it was worse.

They blagged their own version of the stock market.

Just mad they got away with it for so long.

They tried to advertise on here 2017 and 2018. £70 per sign up - a crazily high CPA amount but I was pretty condemning in my response as it was so obvious it was doomed to fail.

Talksport were always plugging it which was enough for me.