Apparently football index just reduced their dividends and at the same time they have released the market crash news now it's being covered all around.
https://www.theguardian.com/football/2021/mar/06/football-index-customers-furious-market-crash
1. This was a sudden change for sure
2. Players are not taking well they did threaten them and at the same time are saying how they will kill themselves if such things are infact implemented.
3. They went off from social media !!!!! Apparently they said because the users were threatening them ! Why didn't they handle it in a better way then ?
https://www.dailymail.co.uk/sport/sportsnews/article-9338463/Football-Index-bosses-warned-stock-market-crashes-result-suicide-attempts.html :- companies are indeed warning them that players might attempt such things due to extreme loss.
Quote
Gambling campaigners fear the impact of huge losses on devastated users
They've warned that lives will be destroyed after Football Index values collapsed
Sportsmail has been told that small fortunues have been lost in a weekend
The company has been accused of still signing up punters while lives fell apart
They've warned that lives will be destroyed after Football Index values collapsed
Sportsmail has been told that small fortunues have been lost in a weekend
The company has been accused of still signing up punters while lives fell apart
They are likely involved in a pyramid scheme, anyone here involved with them should be wise and aware of what they are getting into.
Those who do not know about it :
Quote
Football Index, founded by Adam Cole, is a UK-licensed and regulated gambling platform that allows traders to gamble on the future success of football players. Traders place fixed-odds bets, known as Shares, for the chance to win daily payouts - more commonly referred to as Dividends
Honestly there are far too many people involved now. I did like their concept of betting on players and rather than a game but at the same time what they did so suddenly is honestly something that might kill their whole reputation.
Beware of investing there!!
(Let's see how they handle things in the future)