Football INDEX are never too far away from delivering a surprise announcement or two and it looks like 15 April 2019 at 19:00 BST will be no exception. It had been revealed during the recent Share Split news articles that there would be a further announcement made on the 15th with their plans for the summer. And now they have revealed something of a teaser with the promotion banner seen below stating that they have plans for several Football INDEX promotions, offers and bonuses.
So what do we think Football INDEX will deliver and how will the market react over the next few days leading up to the big reveal? With a summer of no lengthy international competitions to incorporate, such as the World Cup last year which had bonus Match Day dividends, FI will need to look at alternate ways to keep the market stimulated.
The biggest clue is in the subtext of the banner: 'Promotions Offers Bonuses'. This would suggest that there is more than one offer to be revealed.
Many will of course see the word bonuses and start whetting their appetite for another deposit bonus. This would make sense as previous deposit bonuses have undoubtedly seen the biggest influx of new cash into the market and provided traders with their biggest and fastest gains.
For any new traders not familiar with a Football INDEX deposit bonus, it is essentially as the name suggests, with (previously) a 10% bonus for all cash deposited and spent during the bonus period. So for example if you deposited and spent £1000, you would receive £100 as your bonus. Not too shabby and easy to see why they are so popular and eagerly anticipated!
As mentioned previously, with very little actual football taking place during the summer, Media Rankings will surely be a big focus to promote. It has been speculated that we could see a number of different options including extending Media to the top 5 places, or simply increasing the payouts on the current top 3 during Treble Media days.
Either of those options sound good and should transfer (pun intended) the focus of traders from Match Day stalwarts to those players most likely to be in the Media for transfer related news.
Finally, we can probably expect to see some kind of competition for traders to enter. In the past Football INDEX have treated winners with various exciting prizes such as hospitality at Wembley to a day out at Cheltenham races.
The one downside to knowing there is a big promotional reveal on the horizon, is that it may edge traders be hesitant in making trades until they know for sure what exactly FI announce. This is particularly true with a deposit bonus as traders will be unlikely to deposit knowing that a few days later they might get a juicy bonus.
But whatever promotions, bonus or offers Football INDEX do reveal, we're sure they will be welcomed by most traders (there's always someone who will complain!) and we look forward to seeing what is announced.
As a reminder, full details will be revealed by Football INDEX on 15 April at 19:00 BST and we would expect via all of their usual channels - email, Twitter and of course their dedicated news website footballindex.news. It has now also been confirmed that the market will close for 30 minutes after the announcement from 19:00 to 19:30 BST in order to allow traders to fully process the information.
We'll be back with a full update on all of the offers announced and to report on the market reaction.
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