Sports Betting Software Development – Cost and Key Features

The concept of the betting app has been in tradition for a long time. Remember in your childhood days how you’d bet candies if Barcelona would win or Manchester. Betting is in the market since sports have been. With time it only has transformed in various ways. Needless, to say it can be used as the most prominent source of making money.

This mechanism had been provided with a secular shift with mobile apps and sports betting software development. Now since they are covering almost all of the industrial landscape, this is the reason why betting apps are not to be left behind, and though it is not a new concept as well.

Mobile apps such as William Hills, and Bet 365 have gained an immense reputation worldwide and have even escalated huge advancements in the form of sports betting app development. These apps may vary on the basis of architecture, features, and methods of betting but they should be capable enough to cater to an amazing user experience. Now here we will be talking about sports betting software development that will allow the users to bet on different sports. All the users can select the sports for which they want to bet. The live matches will be there on the screen along with the scores and predictions.

Therefore if you are having a betting app idea running in mind, you will find here all the basic features that are found in all similar mobile apps. The right technologies are lined up in the post along with all the cost standards.

Features of Developing a Sports Betting Application

When it comes to talking about sports betting app development it is vital that you are aware of the features that you want to include in your application. Let your hybrid app developers make sure that the product you carry to the market is well-defined and developed considering your target audience in mind

User Panel

Here are a few things that our betting software development experts often integrate with your product. It makes it convenient for the customers to log in and use the application according to their ease.

Sign-in: This is the basic section of the app where users will land on. They can register in the app by using their social network or email account credentials.

Live Scores: The basic screen of the app where logged users will land and they can view the live scores of the matches they are interested to bet in.

Notifications with Results: Under this section, all the notifications about the player’s performance and the conclusions are being sent to the user.

Betting Tips: Under this section, the information related to betting is displayed. Users can get information regarding the betting prices, sports included and the payment invested.

Select the Sport: Users can select the game on which they want to bet. All the teams according to their provided data and team are displayed. The corresponding betting prices are also showcased in order to allow the user to bet with the utmost ease.

Read Also: Benefits and Reasons to Invest in a fantasy platform in 2021

Calendars, Days, and Schedules: Under this section, users can view and store all the upcoming match schedules along with the date and time. Users get the notification when the match date is nearby so that they can plan the betting activities accordingly.

Select the betting patterns: This is the most basic section of betting software. Users can select the betting patterns at their own convenience. Find some of the major betting patterns below:

  • Always check the river
  • Check-raising
  • Folding on the Flop
  • Call, Call, Raise
  • Same bet size on the turn as the flop
  • Check/call, small bet on the turn
  • Check/call, check min-raise
  • Check/insta-call, check/insta-call pause on the river bet
  • Min bet, min bet, big river bet
  • Pre-flop raise of 4x+ from someone who usually limps or raises
  • 3xPre-flop open limp from an aggressive player who always raises
  • A player who always continues bets the flop and now checks

These are some of the interesting features that you ought to include in your betting software development for better results. Along with these features you need to make sure if you want to add something to your betting application that would make it easier for you to reach your audience and earn better.

Select the Betting Types: Under this section, users can select the different betting types and can play with any of the selected methodologies. They can even select betting categories according to the game on which they are betting. Below are some of the standardized betting types:

  • Singles
  • Parlay
  • Head to Head
  • Totals (Over/Under)
  • Handicaps
  • Patent
  • Yankee
  • Tricast
  • Each Way
  • Multiples
  • Double
  • Treble

Know the Rank: This analyzes the overall position of the user. He can check the information regarding the money status and the open bet is still available. The betting app developers reflect which team lies where and bring it clearly into the notice betting where is more profitable.

Communication: Users will be able to communicate with other users as well. They can communicate about the basic price standards and the foreseen match predictions. This would make it easier for you to earn better results in lesser time.

Final & Current Results: All the latest notifications regarding the creation of a new pool by the admin or about the status of the user (Win or lose) are delivered. It is significant that your app is up-to-date all the while and we make sure that what you get makes it easier for you to earn high ROI.

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Admin Panel

Login: This is the basic section of the app. The admin can register in the app with the help of self-created credentials.

Dashboard: Under this section, the admin can manage the number of registered users and the betting prices for the different games.

User Management: Admin can add new users and view all their details such as ongoing money standards, the amount invested and the sports they are participating in.

Marketing & Monetization Tools: Under this segment, all the app monetization strategies are managed by the admin. Advertisements, promotions, and in-app purchases are tracked and verified by the admin.

Odds from the Major Bookies: Admin can set the prices according to the standards delivered by the bookies and can determine the probability of winning in an event. He can decide the sports and the price of betting. Furthermore, the admin creates the password as well as notifies the start and end time whenever the betting starts. All the users are governed by the admin and he can activate or deactivate them as required. He can add new pools as well and can edit the existing ones. All the associated sports details are fetched from a third-party API and the admin can add the different sports as required with the betting prices.

Content Management System: Admin is responsible for managing the content of the static pages such as about us, how it works, Terms of use, FAQs, etc.

Email Templates Manager: The admin controls the content of the email templates and notifies the users in case of some specific events such as forgetting passwords, sending activation emails, etc.

Game Management: In case the app offers a unique game with a new concept of betting then the new criteria can be prescribed by the admin. All the information about the event and probability of winning can be imported from external sources such as Betradar, Betgenius, etc.

More Advanced Features

Watch Real-Time Matches: Now, here we are taking the concept of betting software development to a new level. The aforementioned mentioned attributes can be said as countable but when you looking to deliver a more advanced betting solution, definitely you cannot miss showcasing real-time matches. This greatly helps to witness the actual progress of the matches and delivers the scores on a real-time basis.

Pay and Bet Instantly: This is a great way of augmenting user participation while betting. According to the performance delivered by the players, users can instantly bet in a very convenient way. For instance, instant betting can be done on football games and tennis as per every playing ball.

Promotions: Definitely, your apps need promotions, in case you want to make them publicized. Keep the users informed about the recent activities through intuitive ads and properly designed notifications. You can deliver the latest sports trends, and scores for providing a dynamic experience to the users.

View Match Details: Now this one is certainly a very important feature. It will eradicate the chances of missing a particular match, on which your users are waiting to bet. All the reminders related to the date and times of the matches are delivered to the users so that they can schedule their betting activities.

Multi-lingual Solutions: This feature befits your betting software when you are planning to make it more scalable. You earn an impressive app reputation and the users feel pretty comfortable operating the app in their native languages, therefore, opening your app with languages like English, French, German, etc. can make your app quite dominating in the niche.

Offline Connection for Better Results: Well, smooth connectivity is a very important attribute of a betting app. In such apps, users are required to be in touch with all the sports events so as to bet instantly. In case, the app goes offline, users may lose the bet. Therefore, in such situations where every minute of the game is important, hence the app should be able to work offline for a few hours until the users find some other source of internet connection.

Radio: Integrating the radio can be said as an astute decision during sports betting software development. It helps to keep users attuned with all the latest information regarding match activities and events. Users can stream the radio in order to capture ideation related to offers, promotions, attractive deals, and price standards.

Read Also: Fantasy Football Application Development Cost and Key Features

Back End Connection: It is very vital for a betting mobile app to show the updated data every minute when the users refresh the app. It must be capable enough to display the data at a very high speed. Therefore, in such a scenario, implementing the latest technologies such as Cassandra, and PostgreSQL is a must for developing a robust and sound back-end infrastructure. However, it is better to stick to frameworks such as Python and JavaScript.

These are a few features that make it easier for you to stand out from the competition and enter the market with some unique and interesting solutions that would drive traffic and help you generate great ROI.

What Technologies Are Required for Sports Betting Software Development?

The advanced technology stack that is used for sports betting software development helps us build a strong and loyal clientele that trusts our expertise in the field. We have been in the market for over a decade and have established ourselves as one of the best mobile app development service providers in the market.

  • Dumbest-for retrieving the real-time sports information
  • ESPN-for live matches
  • Tippin- for soccer betting and predictions
  • APNS- For delivering push notifications
  • Kotlin and Swift -for programming the Android and iOS apps respectively
  • MongoDB-For managing the user queries, betting, and other related information. All the betting information is updated and controlled by the admin and the same is shared over the live hosting servers.
  • Sports Betting App developer
  • APNS-( Apple push notifications/FCM( Firebase cloud messaging) For Push Notifications
  • Twilio, Sinch, Nexmo -For SMS, Voice and Phone Verification
  • GWT -For Powerful Programming
  • Datastax-For Data Management
  • Mail Chimp Integration, Mandrill -For everything related to emails
  • Debian, Macintosh, Ubuntu, CentOS -The Universal Operating System
  • Database -MongoDB, Hbase, Cassandra, Postgress
  • Cloud Environment -AWS and Google
  • Realtime Analytics-Hadoop, Spark, BigData, Apache Flink, Cisco, IBM
  • ALGORITHM: Sports Prediction Algorithm: Pickforwin.com
  • Tools to calculate true odds of a sports event: tradematesports.com
  • Football Prediction Algorithm: Betegy

Other than technology there are a lot more things that we need to take care of when working on sports betting software development.

Things to Be Taken Care Of When Developing Sports Betting Software

Analyze the Requirements

Well, the experienced gamblers and the professionals simply know how to bet. They are already aware of the risk that might occur during betting. But what if, in case the fresher come in there for betting. He will play without any detail and will lose the game followed by the app uninstall. Now you can save the users from such a situation. An app like William Hills will provide the users with all the match updates, teams, and the player involved and keeps them updated about the entire previous betting scenario. This way they might not end up winning the bet, but certainly, they will be equipped with the professional knowledge required for winning the further bettings.

Focus on Quality

Now, this is something that really plays a major role in developing a sports betting app similar to William Hill. Your app must adhere to all the relevant UI/UX standards and should be capable enough to load and refresh at a faster rate. Along with that, it must offer an amazing user experience so as to keep the users attuned. An app delivering simplicity with high-quality standards for sure embraces high user attention.

Ensure Security

Certainly, when you are investing money, the app needs to have secured and inbuilt payment transaction models. All the depositing-related concerns must be taken well care of along with all the money withdrawal options. William Hill App comes with the kiosks for making the transaction. Thus integrate your app with the secure payment gateways for maintaining the overall app integrity.

Cost of Sports Betting Software Development:

The cost of developing sports betting software can be evaluated with the aid of three factors: App complexity, the number of dedicated platforms required by the app, and the country of the mobile app development team. The reason is that different countries come with their own budget ratios. For instance:

  • U.S. based developers: $50 to $250 per hour
  • Eastern Europe based developers: $30 to $150 per hour
  • India based developers: $10 to $80 per hour

Find the below-defined estimate for your app as well (for developing a reasonable app, with the limited features and Android coding, the cost in India can be calculated based on the below bifurcation of involved activities).

  • Technical documentation: (40 hours – $1000 to $2000)
  • UI/UX design: (60 Hours – $1500 to $3000)
  • Front-end and Back-end development: (400 Hours – $30,000 to $ 40,000)
  • MVP testing: (80 Hours – $2000 to $4000)
  • Polishing and bug fixing: (40 hours – $1000 to $2000)

The cost of sports betting software development like William Hill can be around $30,000 to $50,000. However in case you are looking for a more sophisticated betting mobile app, it may cost around $70,000, but then for sure chances of your app becoming a hit increase.

Wrapping It All Up!

A sports betting software is a great idea to monetize the love of games in people. It is important that when you decide to enter the market with interesting sports betting software development it is technologically advanced and helps you build a strong user base. Over the years we have helped businesses with similar apps and would be happy to help you too with a happy result.

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