A Peek Inside Online Sports Betting Mobile App Development
In the sports industry, the concept of online sports betting or gambling is quite prominent. With the time almost everything has changed into digital, even Sports betting. As a result, now you don’t have to walk into a local bookie to wager on sports.That means you can do the betting process with only few tabs open on the screen using sports betting apps.
Sports betting platforms are in trend nowadays which is a demand of every staker.This blog is going to cover almost everything related to sports betting mobile app development. So if you’re having any doubts !! Continue reading..
What is Online Sports Betting ?
Online Sports betting is a platform where a gambler can bet on various sports or games at the same time using a betting software which is also known as sports book.
Popular Sports Where You Can Find Sports Betting
Following are the most common sports where Sports betting takes place –
- Horse Racing
Is Sports Betting Legal ?
Honestly, the answer to this question varies geographically across the globe. Like following are some countries where sports betting is considered as legal:
- United Kingdom(UK)
Above all were some of the countries where sports betting is considered legal, whereas in others it is deemed illegal.
But as far as India is concerned, betting or gambling is illegal in most of India. However, there is no law that makes online sports betting an illegal activity.
According to a report published by the International Centre for Sports Security (ICSS), the betting market in India might be worth over US$130 billion !
Future of Sports Betting
As we just mentioned some stats above, the global betting market is growing at a great pace. By looking at this massive growth, the global sports betting market is projected to reach USD 155.49 billion by 2024.
It’s never been easier for people around the world to connect to the internet, and subsequently, start betting through various sportsbooks.
Meanwhile, the roaring digitization has made sports betting accessible beyond laptops and desktops. Globally, 20% of sports betting now takes place via smartphones. This figure is projected to a hike of 45% by the end of 2019.
Why You Should Develop a Sports Betting App in 2019
So here we are in 2019, the year the sports betting software development is hitting across the globe. Here is a list of the major sporting events coming in 2019; some of them include all the significant sporting events of the major sports, mostly the international competitions.
Major events for this year are-
- Cricket World Cup 2019
- IPL- 2019
- Women’s World Cup
- AFC Asian Cup – Soccer
- African Games
- Pan-American Games
- IAAF World Championships
- Rugby World Cup
- Davis Cup and Australia open – Tennis
- Copa America
- Melbourne Cup – Horse Racing
- The inaugural World Urban Games etc.
In addition, being a businessperson you must want to invest your money on something fruitful. Sports betting app is the platform which can help you to add up to your revenues on a large scale. Trust me it’s worth money making!
Popular Sportsbook In The Market
- Paddy Power Betfair
- Draft Kings
- William Hill
Features of Sports Betting Mobile App
Every sports betting app has varied features, with each having different betting rules & methods. However, we have mentioned the most common features you should definitely consider while developing sports betting mobile app.
User Panel Features
Login: This common feature requires app users to register & login to the app using username & password, or email ID or via social media credentials.
Choose the Sports as well as Player: This section provides users wide-ranging options for the sports events on which they will place their bets. It may vary from Cricket, Football, WWE, Tennis etc.
Watch Live Match: This feature allow users to watch the Live Match via the app so they can stay attuned and see how the match is going. This also helps the users to plan their betting strategy well.
Betting Guide: This is one of the most crucial features. After all, you do need to guide the app users on how to place a bet on a particular game, team or a player. First-timer(initial users) particularly find this feature very useful.
Player Information: It’s vital for the app user to know everything about each player who is playing in the sport selected by them.
Updates about match schedules: Users must be constantly informed about future calendars & match schedules, with exact date & time.
Betting Model: Sports betting consist of different models, ranging from Check-Raising, Check or Call, Check Min-Raise, Call, Folding the Flop, Always Checking the River, and others. Now, users are free to choose one as per their convenience & liking.
Instant Payment: For a betting app, it is quite important to offer instant online payment system with only a few taps on the screen. Thus, payment gateway must be integrated into the app, so that users can make payments according to their chosen methods.
Offline Support: It can be very beneficial for the users if the betting app offers offline service, for some time at least. This way, even when there is no internet connectivity, the user won’t lose the money placed by him.
Admin Panel Features
Login: This works same as the user panel, the Admin also needs to register into the app using the account credentials.
Manage Users: Through this section, the admin can manage all the registered users, via a dashboard. The Admin has access to all the users details, betting type, betting style, the amount placed by them as a bet and everything else.
Manage Payments & Prizes: Admin is the one who manages money received from users to place bets. Also, it is the Admin who will require to provide the money to the winning user of the bet.Besides, the Admin also manages all the app content. All-in-all, he is the whole is the soul of the app’s back-end.
How Much Does It Cost To Develop Sports Betting Mobile App Like Bet365 ?
When it comes to sports betting software development which include mobile app or web panel like bet365, there are some crucial factors that you should consider are:
- The country where the app is being developed
- The choice of platforms like Android, iOS or both
- The number of sports you want to include in your app
- Functionalities, features and UI/UX etc.
It’s difficult to tell you the exact cost for , as it depend on your requirements and needs. Different features integration has different prices.
Also, the integration of different features like Push Notification, Live Chat, support, and Live chat includes additionally.
Combining them all, a rough estimate for developing a sports betting mobile app would cost somewhere between $ 3,500 to $ 8,000.
Want to know the exact cost for Sports Betting Mobile App development like Bet365? Talk to our experts.
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