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Thursday, June 01, 2006

World Cup Trading

While surfing on BBC today, I stumbled on to the World Cup Daq (http://www.bbc.co.uk/worldcupdaq/). This is one of the most interesting things I have come across recently. It acts like a real stock market, instead of companies, there are the 32 Fifa World Cup teams taking part in the month long tournament beginning 9th June in Germany. You start off with some virtual credit (£10,000) and purchase shares in teams. There are weekly prizes for the person with the most percentage gain during the week.

The trading experience is real-time. Prices go up and down as you buy and sell, the price of the share being dependent on its demand. England is currently the highest valued stock at £29.11, it has not stopped growing as of yet. Brazil is another which has been growing steadily. Many of the other stocks have fluctuated as people buy and sell them. For anyone who has never traded in the stock exchange before, this will prove to be a very good learning experience.

The game is more elaborate than that. There are also dividends paid for a certain holding period based on the amount of press coverage received per square-centimeter in selected newspaper. Win Bonuses are also allotted to certain teams that perform well. The photo shows my current portfolio. I started off with £10,000 today and made a profit of £55.44.

If any of you do join and create a team, I would like to invite you to my league, just enter your user ID in the comments and I will add you. Also, I was unable to find any other blogs or discussion groups about World Cup Daq so if you have anything to discuss , any strategies that might prove profitable, then please converse in the comments below.

3 Comments:

  • I don't really know anything about soccer (or football) but this seems like a really interesting game. Is it a promotion by BBC or by the World Cup?

    By Anonymous Aisha, at 6/01/2006 10:39 PM  

  • Its by the BBC, frankly I don't think u need to have much knowledge of the sport, if you follow the basics of the stock exchange then you will do fine. Most of it is learning from experience. I have heard there are other ones around. BBC has a more general SportDaq for all kinds of sprots, and there is one about celebrities too, CelebDaq, also by BBC. A Share of Anna Kournikova is worth £6.28 at the moment :)

    By Blogger MCMLXXXII, at 6/01/2006 11:39 PM  

  • Leave it to you to write an entire blog about share/trading about futbol(soccer) for teams and player and find a reason to have Anna Kournikova make an appearance. Nice one. 10 pts to you. Personally I wondered who commented and saw her name, I haven't even read the blog yet but I'm sure it's decent.

    M

    By Blogger M, at 6/06/2006 1:52 PM  

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