Football INDEX Bonus Code 2020- Sign up offer that refunds up to £500
Last updated & tested: 2019-12-31
If you’re keen to give player trading a go, then Football INDEX are certain to be your destination. At the time of writing, they’re the only site offering this kind of service to eager traders in the UK. This exclusivity over the market perhaps helps to explain why the company have decided against offering a conventional bonus to try and convince new customers to sign up — when you’re a monopoly, you don’t need to worry about these things!
Nevertheless, there is an offer available to new Football INDEX customers. This offer allows you to request a refund, up to £500, if your first week of trading with Football INDEX doesn’t go well. It’s this deal that we’ll be focusing on in this bonus review.
No promo code needed for the Football INDEX introductory offer
The Football INDEX bonus isn’t a conventional bookmaker bonus — but that makes sense, given that Football INDEX aren’t a conventional bookmaker! In fact, it could be argued that the term ‘bonus’ is something of a misnomer, as the Football INDEX offer doesn’t provide you with bonuses or extra betting funds. However, what the new customer offer does allow is for you to try football trading risk-free for seven days. This gives you a chance to see if this innovative new service is suitable for you, and if you make a loss, then you’re eligible for a refund of up to £500. We think this is a pretty smart offering from Football INDEX, who likely know the biggest obstacle to their success is new customers being reticent to try such a new service— an issue this offer neatly helps them counter.
Get up to £500 back if Football INDEX isn't for you
Football INDEX are confident that you will enjoy the service they provide. So confident, in fact, that they are prepared to give you seven days to try it out. All you have to do is sign up with the service, deposit at least £10, and trade as normal. If at any point during those first seven days you decide trading isn’t for you, Football Index will refund any losses up to £500.
You don’t need to input any bonus codes, or opt in to the offer; the moment you make your deposit, a seven-day risk-free period kicks in. At any time within that period, you can email Football INDEX to request a refund. If you have met the qualifying conditions, any money you’ve lost, along with any commission you’ve paid, will be refunded directly to you.
You can deposit more than £500 in the first week — the important thing to remember is that it is your losses that will be refunded (along with any commission). So if you sign up and deposit £1000, make £160 losses, and email them six days later when your portfolio is worth £840, they’ll refund you £160 to bring the portfolio up to your original deposit. If you have lost more than £500, they’ll refund you the maximum amount of £500.
No promo code required
So, for clarity, you don’t need to sign up for any bonus, nor opt-in to a special offer. All that is required of you is to give Football INDEX a go and see if you enjoy it. If you don’t, then you have seven days from the date of your first deposit to request the refund via email.
Remember, it’s not your deposit that will be refunded, but any value that has been lost from it during your time trading with Football INDEX. If you’ve traded successfully and your balance is higher than when you signed up, you won’t qualify for a refund — but only because you haven’t lost anything. If you have lost more than £500, then some of your losses will not be refunded; only the first £500 will be.
You will be eligible for a refund if you request it within seven days of signing up with Football INDEX. There is no need to do anything else. It’s a seven-day risk-free trial. Just don’t hold on too long before requesting a refund; you have to make the request in the within the first seven days of your account being open.
As Football INDEX is not a conventional betting provider, they do not have the same playthrough requirements that you’ll find at most bookmakers. You simply need to contact Customer Services and request to make a withdrawal or, if you are leaving, to liquidate your portfolio when you decide to do so. One word of warning, though — if you make any withdrawal during your first week, you will no longer qualify for a refund.
The offer is activated at the point when you send Football INDEX an email saying that you want to close your account. You will be contacted by a Customer Services agent who will indicate how you go about liquidating your account holdings, and any losses and commission will be refunded within 48 hours.
To begin trading on Football INDEX, you need to make a minimum deposit of £10. At the moment, the service only allows you to pay with Mastercard or Visa; when you come to make a withdrawal, it will need to be made to the card that you deposited with. This is in keeping with online gaming regulations.
As we’ve noted, this offer is valid for seven days from the date of your first deposit. Should you wish to request a refund, it will be paid within 48 hours of the liquidation of your account.
There is just one “betting” market involved here. You can trade “shares” in professional football players, whose values rise and fall based on performance, media coverage, and market activity.
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How to claim your Football INDEX bonus
- 1Your first step to qualifying for Football INDEX’s seven-day risk-free period is simply to sign up to the site. This is easy enough to do: just enter your name, email address, date of birth and contact details and you’re in.
- 2Next, you need to make a deposit. This can be done using either a Mastercard or a Visa card. The minimum deposit is £10, and there is no specified maximum.
- 3Should you reach the end of your first week and wish to activate your refund, you simply need to email Football INDEX at the customer services email address they list on their website. You will then be taken through the process for closing your account, and the refund will be credited to you within 48 hours.
Cashing out your portfolio with the Football INDEX offer
When you’ve signed up and checked out what Football INDEX have to offer, you will want to be sure that you can withdraw your funds with ease. This is the case whether you decide to cash in your seven-day refund or you would prefer to stay as a Football INDEX trader. It’s worth noting that at the moment, Football INDEX limit their payment methods to Visa and Mastercard.
|Payment Methods||Deposit & Withdrawal||Time||Limits min/max||Fees|
|Deposit & Withdrawal: Deposit: Withdrawal:||Time: Deposit: Immediate Withdrawal: 2 - 5 working days||Limits min/max: Deposit: - Withdrawal: -||Fees: Deposit: N/A Withdrawal:|
Football INDEX apply a “closed loop” system of funding. This means that when you use a card to deposit funds, you must use the same card to withdraw those funds (or the winnings that result from them). This is a system operated by most bookmakers. If the card you used is no longer valid, then you should contact Football INDEX for further advice.
Don't make avoidable mistakes with your Football INDEX offer
Buy shares in familiar players
As you might expect, shares in popular and well-known players cost more than shares than lesser-known players. This can make it tempting to opt for lower-priced players. This is a good strategy for your favourite team — where it’s safe to assume you know more about the squad in depth — but it’s inadvisable to expand this strategy to all teams. Buying shares in well-known players is a good way to introduce yourself to the process, and you can then proceed to more niche choices as you become familiar with how trading works and the patterns it tends to follow.
Don't spread yourself too thin
When you first sign up to Football INDEX, it may be tempting to buy small amounts in multiple players. After all, the more players you have shares in, the better — right? Not quite. Yes, having shares in multiple players gives you multiple chances for the player’s value (and thus your share price) to rise, but that also means you have multiple shares that can fall. As with conventional betting, “more” isn’t “better”; strategise for quality over quantity when it comes to the number of players you buy shares in.
Try the Media Buzz section
In your risk-free week, it’s worth exploring all the different areas that Football INDEX has to offer. One area definitely worth your attention is the “Media Buzz” category, which pays dividends on players who have achieved the most attention from the press on a weekly basis. Leverage your football knowledge of upcoming fixtures to see which players are most likely to be being talked about and then invest in those players. Get it right, and you’ll earn a dividend for your foresight.
About Football INDEX
Football INDEX launched in October 2015 as an alternative to standard sports betting. Since their launch, they have attracted a lot of attention for their innovative approach to sports gaming. This quirky hybrid of sports betting and market trading has been featured in the national media and has a large online following.
Intriguing, innovative service
If you’re looking for a change from the all-or-nothing nature of sports betting, then you may well find that Football INDEX is for you. Playing the long game and predicting which players will become media darlings now or in the future, ultimately, can be far more interesting than placing a correct score bet, which could be shattered by a freak deflection.
- Founded: 2015
- Number of employees: Unknown
- Turnover (year): Unknown
- Number of customers: ~100,000
- Betting margin:
The bottom line on the Football INDEX offer
Football INDEX isn’t as instant as some methods of sports gaming. If you sign up and give it a try, you may well find by the end of the week-long risk-free period that you’re intrigued enough to stick with it. Like stock trading, it can take time for anything of note to happen, but if you’ve judged your trades right it’s all the more satisfying. The chance to play for a week without commitment is a fine way to ease yourself into the experience.