Do you want to create a Parimatch-like app but, don’t know where to start? If yes, This blog covers the cost, features, benefits, and development process of Parimatch-like apps so you can clear all your doubts to make an informed decision to bring your Parimatch-like betting platform to the real world. Here, we are also going to cover 10 similar apps to Parimatch that have become the perfect alternative to Parimatch by offering similar services so you can make money by placing wagers on your favorite games.
Let’s dive in-depth to know the alternatives to Parimatch with the cost, features, benefits, and development process but before this let’s know the platform and how it works.
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Parimatch is a famous online betting platform that includes a varied range of betting games from live betting, sports betting, card games, casino games, etc. It is one of the best and safest platforms to bet on games.
The app allows users to deposit and withdraw money using banking, cryptocurrency, and other safe payment methods. Parimatch is known for its free live streaming, allowing users to seamlessly bet on a wide range of games in a matter of seconds. It is the key reason behind the increasing demand for apps similar to Parimatch, and by launching a similar platform you can churn this fruitful business opportunity to generate high revenue.
Parimatch also offers live-streaming to users to bet on multiple games. The app like Parimatch support multiple payment and withdrawal methods including, net banking, credit/debit cards, and online wallets. Users can easily deposit and withdraw their money by using the Parimatch application. Let’s see an overview of this app:
| Founded in | 1994 |
| Based in | Limassol, Cyprus |
| Industry | Betting |
| Products | Online betting, Bookmaking, Sports shop |
| Total Employees | 2000 |
A fantasy app like Parimatch lets users place their bets on various sporting events. It includes events from live sports matches, live betting, virtual sports, and casino games. Let’s understand how this platform works.
Users enter a contract via a betting app similar to Parimatch whenever they place a bet. The users then pay a certain amount if their bet is successful, and the app pays out the winnings.
The betting app makes a commission by taking a winning cut from successful bets. The commission is usually around 5% but varies on the application and its type.
Users need to create an account on the app and deposit money after which they can place bets.
To place a bet user needs to select an event, and enter the amount, and outcome. If their bet is successful, the user will be paid, in case it’s unsuccessful, they lose their stake.
This is the process of how the Parimatch-like app works. Now let’s look at the popular games available on the Parimatch platform.
Today every user looks for a multi-gaming platform having accessibility to a wide range of sports and matches inclusively available in one place. Hence, Parimatch is the app that fits perfectly. There is a big list of popular sports on this platform so that every type and category of user can place bets and earn huge benefits.
These were the 10 most popular sports listed on the Parimatch app. If you are looking to run a similar betting business, you can develop your own app like Parimatch.
Huge efforts and expertise are required to develop a similar app to Parimatch. You can find various Parimatch alternatives in the market. If you want to create your own app like Parimatch, then you need to follow the below steps. The complete development process is made by our highly skilled developer team after thorough research.
Researching is the first step when it comes to creating a betting like Parimatch. You must be well-versed in the betting market so that you can understand what types of bets are available, how the odds are offered, and the payment methods accepted by the market. It is also important to understand the legal regulations for betting apps similar to Parimatch. This will help you to make an application high in quality and performance.
The next step is to hire an experienced developer and designer team. Before hiring it is essential to check their portfolio, experience, and area of expertise s that you get to know whether they are perfect to work on your project.
MVP stands for Minimum Viable Product. It is a prototype model which is the fully functional version before product development. Creating an MVP can help you determine the performance and requirements and know how the actual product will look. By creating an MVP you can know the lacking areas of the product and make changes to make advancements over competitors.
The next step involves designing a similar app. There are two parts User Interface and User Experience. UI is the visuals that the user interacts with and UX is how the user feels the Parimatch app when they use it. The design of the app must be eye-catching and visually appealing. The interface must be easy to use allowing users of all skill levels to use the app effortlessly.
Now it is important to choose the best technology stack for creating your Parimatch-like app that adheres to the latest trends in the market. The tech stack consists of frameworks, programming languages, and libraries.
Here are the best stack and tools used to create the betting app.
| Component | Technology Stack |
| Front-End | Swift, SwiftUI, UIKit, React, Angular, Vue.js, Kotlin, Android SDK |
| Back-End | Node.js, Python, Java, Express.js, MySQL, MongoDB |
| APIs & Services | Stripe, WebSocket, Firebase Cloud Messaging, Firebase Authentication |
| Security | SSL/TLS, HTTPS, Data Encryption, Two-Factor Authentication |
| Data Processing | Custom Algorithms, Sports Data Providers APIs, Third-Party APIs |
| Cloud Services | Microsoft Azure, Docker, Kubernetes, Amazon Web Services (AWS), Google Cloud Platform (GCP) |
| Monitoring & Analytics | Datadog, Google Analytics |
| Testing | Jest, JUnit, XCTest, Postman, Insomnia |
| DevOps | Git, GitHub, Bitbucket, CircleCI, Jenkins, Travis CI |
| Communication | Socket.io, Firebase Realtime Database |
| UI/UX Design | Figma, Sketch, Adobe XD |
After selecting the technology stack, the parimatch app development takes place where developers write codes and implement the tools to make the application run live. This is the most time-consuming process requiring skills and expertise in app development. Hiring developers from a reputed and renowned development company is important.
The new app is sent to testers to determine bugs and fix them. You must make sure all the errors are rectified after parimatch app development and the app is tested rigorously before launch to ensure optimal performance before deployment to markets like Google Play Store and Apple App Store. Testing requires additional costs, so you must consult with the team to get an exact cost estimation.
Launching is the final step in the development process. After deployment, the marketing team promotes the app like parimatch through various channels like social media, affiliate marketing, and digital content marketing to expand its reach to a large gaming community.
This is the complete process of developing an app like Parimatch is developed. As you have learned about the process, make sure to integrate the best-level features to create a striking app in the market.
Features are one of the main elements of any app that can make or break its name in the market. Here is a list of some of the major features of a Parimatch-like app to make your platform better in the competitive market.
| User Panel Features | Descriptions |
| Easy Login/Signup | The multi-gaming app offers beginners a betting guide to help them understand the rules and instructions of the specific sports betting game. |
| Multi-lingual Support | This feature helps users understand the game’s functions and features in their native language. In turn, helps applications receive the attention of global players. |
| Payment Integration | Whether it is Android app development or iOS App development; payment integration methods play a crucial role. Online sports betting apps like Parimatch offer users multiple payment methods that are safe, quick, and credible. Some of the major payment methods are PayPal, Visa, Mastercard, credit cards, etc. |
| Betting Guide | The multi gaming app offers beginners a betting guide to help them understand the rules and instructions of the specific sports betting game. |
| Push Notifications | This feature allows users to get the latest information and updates about the upcoming match or current match in a matter of a few clicks. It enables you to keep your users engaged and attracted to the platform for a prolonged period. |
| Real-time updates | Users get real-time updates and information on the platform itself. These updates include information related to match updates, performance, scores, and match history. |
| Social Media Sharing | This feature lets the users share their match status with their friends or family on social media platforms such as Facebook, Instagram, WhatsApp, etc. |
| Admin Panel Feature | Description |
| Dashboard | This feature allows admins to manage, track, and control the updates, figures, and information related to the match. The dashboard helps admins monitor the user’s placed bets, upcoming matches, scores, and so on. |
| User Management | This feature allows admins to manage and control users’ activities efficiently. Using this feature, admins can monitor the user’s performance of the users by keeping an eye on all the matches and bets. |
| Payment Management | Using this feature, admins manage the payment integration seamlessly and securely. Financial information on withdrawals and deposits is kept encrypted. |
| Notification management | Admins manage and control all the app notifications using this feature. Regular updates and real-time match details to users to increase their interaction and engagement. |
| Coupons Management | Admins manage all the coupons and offers using this feature. They administer and provide coupons to all the users according to any occasion or sports event. |
Creating a multi-gaming app like Parimatch is not overnight and hence requires the collaborative effort of designers, developers, and marketing professionals. Here are the major benefits of developing the Parimatch application–
Parimatch-like betting apps offer users the flexibility to play a wide range of games on a single platform. Multigaming betting applications are in high demand because the platform offers multiple betting opportunities.
Developing a similar app is profitable for your business venture. Due to its global reach and popularity, the parimatch app can help you generate greater revenue by reaching millions of screens and downloads.
The Fantasy Sports app offers a friendly platform to users where they can enjoy their favorite sports events. Creating a similar app helps the users to enhance user engagement with the platform and generate huge profits in the long run.
You can even customize the platform to deliver a tailored experience to the users. The customization includes personalized alerts, and favorite team updates, which enhances user experience.
Betting apps like Parimatch offer a great level of comfort to the users as they can access the platform anytime and anywhere. It eliminates the efforts required to visit land-based shops and delivers an unmatched betting experience online.
It is nearly impossible to define the exact development cost of an app like Parimatch until and unless we don’t know about the project specifications and details. On average, the development cost of an app similar to Parimatch varies from $5,000 to $20,000 with basic features and functionalities. This may shoot up to $40,000 with advanced functions.
Here is the list of factors that affect the development cost of an app like Parimatch
BR Softech is a leading sports betting app development company offering innovative and advanced casino and betting software solutions for 12+ years. They have the best team of developers and designers that enrich your idea with exceptional features and functions so it can create a difference in the casino world. Their research and development team does proper research so they can create something amazing that has never been experienced before. If you are also inspired by the Parimatch app and want to introduce a similar site to Parimatch, share your dream idea with BR Softech.
As a leading mobile game development company, we take around 2 to 3 months to develop online apps that are like parimatch. The duration may exceed depending on your project specifications. If you want to incorporate advanced features, functionalities, and tech stack in your multi-gaming sports betting app, the development time will be comparatively longer.
No company offers the best app development services to create the app as the market is filled with a variety of companies. However, you can trust developers from BR Softech as they are skilled experts and keep you connected throughout the process from consultation to providing after-deployment support and maintenance services.
Parimatch is a popular betting platform with useful features like multiple payment methods, global language support, and many more. Here is the list of top features of the Parimatch:
Easy user registration
Multi-lingual support
Betting guide
Real-time updates
Push notifications
Live betting
