Are you a fan of football? Why not, right? Football is an amazing sport. It is fun to watch, and it’s an exciting game. It is also not just about the game but the players as well. Sometimes you focus more on the players rather than the game.
Maybe that’s what got you interested in knowing more about the Football Index. You’re already hooked on the game, but you’re looking to double the fun.
What Is a Football Index?
The Football Index is a type of stock market. In the usual stock market, you buy shares in a company, but in the Football Index, the shares you buy are in players. The next question you may have is how does Sorare Guide work, and is it worth playing? In a nutshell, you want to try and buy shares in players when they are cheap and then sell them when the price is high—focusing on players that are great in terms of their skillset and publicity.
For if it’s worth playing, well, it’s a gamble to enter as you’ll need to analyse players you believe are undervalued and expected to see their share price increase. You are betting on players, and your investment depends on their performance. It requires analysis and strategy to come out victorious. Be mindful it is still gambling as you will need to be 18+ in age, and you should visit begambleaware.org if you’re concerned about a potential gambling problem.
What Are The Dividends?
Before trying out the Football Index, it is good to equip yourself with as much information about it. You should know the basics like dividends which are payouts that can be won, which include:
Media Dividends
This dividend is related to the articles about a player. It is not just about the number of stories about a player but also the quality. It is offered every single day throughout the year. The payout is given to those who own the winning player. A player with the highest dividend at the end of the day wins.
Match Day Dividend
This one is only available when there is a match from specific tournaments in a day. It is based on the players’ performance. It deals with their stats. The football index has a system for calculating scores. At the end of the day, the highest-ranking player wins, and those who own them get the payout.
Capital appreciation
Capital appreciation works in the same way as in the traditional stock markets. You can see a return on your investment as a player's share price you own increases over time. For which you can sell through the platform for a trading profit. You can buy as little or as many shares as you like. There are no limits.
If you are a football fan, you might as well try and bag a profit! It is important to be aware of how the Football Index works before trying it out. It can be a great investment if you do your homework and buy shares in players who will do well throughout their careers.