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Fantasy Betting Apps: Everything You Need To Know 

Sports Betting
Jan 11, 2024
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Fantasy Betting APP

Are you interested in creating a fantasy betting app? If yes, we are here for you! Fantasy betting is about creating your own virtual sports team and betting on the performance of the individuals. You can bet on cricket, football, baseball, basketball, and volleyball, which are the most popular fantasy-betting sports these days. 

The Fantasy Sports Market size is valued at USD 32.75 billion in 2024 and is expected to reach a volume of USD 62.58 billion by 2029. The market is about to grow at a CAGR of 13.83% during the forecast period of 2024 to 2029. Since the market for fantasy sports betting is rising rapidly, it is more likely to be a great time to launch and create your own fantasy betting app. Want to know more about how to develop a fantasy betting platform? Read this blog till the end! 

In this blog, we will talk about important aspects of fantasy betting app development, including the cost, features, and development process. 

What Is a Fantasy Betting App?

Fantasy Betting app is an online wagering platform which allows you to bet on online fantasy sports like cricket, football, volleyball, basketball, etc. Players make their own virtual team of players and bet on their performance and scores. They can track the performance of the various fantasy sports games in real time and analyze which teams or individuals are suitable for a high level of performance and can win in the end. There are various popular fantasy sports apps available in the market which you can use to bet online. Some of them are dream11, My Team11, MPL, etc. 

Features of Fantasy Betting App 

Fantasy betting is an online activity which needs to be done well after proper analysis of all the teams and players participating in sporting events. 

For example: the IPL cricket betting app offers live stats and scores of all the players in real-time which enables punters to make informed betting decisions. Likewise, if you wish to create an app for fantasy betting, here are the features you must include: 

Features  Description 
Live Stats We create an app for fantasy sports betting which offers users live stats and real-time scores to enable bettors to make the right team of players and betting decisions. 
Push Notifications  Our fantasy betting platform offers bettors push notifications of all the live updates to keep players hooked and engaged on the platform. 
Safe Payment Methods  We ensure to integration of safe and authentic payment methods to offer users a platform where their financial details are confidential and secure. 
Creative UI/UX Design  Our betting platform for fantasy sports integrates engaging and unique UI/UX design that is appealing enough to keep players hooked on the platform. 
Smooth controls  To make your betting experience less interrupted, we have integrated the best-in-class tools and controls to offer users a high level of engagement on the platform. 
Detailed dashboard  We design our sports betting app in a creative manner by integrating a detailed dashboard which offers insights about all the players and teams participating in a popular match like the IPL and the World Cup. You can keep a track record of everything with this platform. 

Fantasy Betting App Development: Step-by-Step Guide

As the best fantasy sports app development company, we ensure to bring forth highly reliable and attractive platforms that can take your business to an advanced level of success. Here is the list of steps to create a fantasy sports betting app: 

Market Research  

It is one of the most important steps to create your own fantasy betting app which involves gathering information about the market, including competitors, target audience, and opportunities. Herein, we ensure to gather information on fantasy sports and how they are emerging among both punters and bettors. This phase is very crucial for the strategic development process as it helps you move forward systematically and attain an error-free fantasy sports platform. 

UI/UX Design 

After successful market research, here we design a unique and creative UI/UX  which is important for the high rate of user engagement and retention. Our expert team of designers is versed in integrating the best-in-class approach and designing tools to bring forth reliable and extraordinary designs for both punters and bettors worldwide. This phase is important as it can make or break your business in a matter of a few minutes, and it should be navigable enough to keep your users hooked on the platform. 

Also Read: 10 UI/UX Design Challenges in Sports Betting Apps

Development 

Once we are done with the design of a fantasy sports betting app, our expert team of developers is meant to integrate the latest and cutting-edge technologies, tech stack, and tools that are prominent across the globe. It will help us create uninterrupted fantasy betting software that can be managed well by both business owners and punters using the platform. Herein, we integrate the detailed admin and user dashboard to make the management of bets easy and flexible. 

Testing & QA 

After the development of the fantasy betting application, we are responsible for checking the errors, glitches, and loopholes. Our expert team of technical and quality analysts keeps up with the latest testing methodologies like integration testing, functional testing, and operational testing to check the performance and quality of the application for fantasy sports betting. It should be free from all the technical errors to offer bettors an enhanced and engaging betting experience. 

Launch & Maintenance 

Once we are done with the development of fantasy football betting, we launch the betting platform in the market using top marketing strategies like digital marketing campaigns, YouTube marketing, content marketing, social media marketing, etc. Our expert team of professionals ensures maintenance via regular updates, upgrades, and quality checks of the betting platform, ensuring a high-quality and performing fantasy football betting platform. 

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Cost To Develop Fantasy Sports Betting App

The fantasy sports market is increasingly booming in the current fantasy sports world. On average, the cost to develop a fantasy sports betting app ranges from $20k to $22k with basic features and functionalities. However, the cost may shoot up to $25k and even more depending on the type and complexity of the projects. Here is the list of factors affecting the overall cost of creating an app for fantasy sports betting:

  • The location of the developers 
  • The complexity of the features 
  • UI/UX design 
  • Robust development approach 
  • Payment Methods
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Why Choose BR Softech for Fantasy Betting Platform Development? 

BR Softech is a renowned fantasy sports development company, offering a wide range of fantasy sports platforms for various business requirements and clients across the globe. We are highly prominent for delivering fantasy betting software and applications that keep up with the advancement and preferences of the clients and target audience. Hire our fantasy sports developers to get: 

  • Expert team of developers 
  • Engaging platform 
  • Robots development process 
  • High-quality testing & QA 
  • Reliable payment options 

Frequently Asked Questions 

Q.1 What are fantasy matches?

Ans. A fantasy match is a game of betting wherein users make a virtual team of players from different teams and the end result is drawn based on their performance.

Q.2 Is fantasy sports betting?

Ans. Fantasy sports is considered to be a game of skills and chance but due to its monetary benefits, it is still considered as betting for some people. 

Q.3 What is the best fantasy sports betting site?

Ans. List of the best fantasy sports betting sites: 
DraftKings Sportsbook
FanDuel Sportsbook
ThriveFantasy
Boom Fantasy

Q.4 Do you offer customized fantasy betting sites?

Ans. Yes, we at BR Softech offer the best and tailor-made fantasy betting sites that are increasingly doing well and offering a high level of engagement and interaction. 

Q.5 Which is best betting or fantasy?

Ans. Daily fantasy is the best betting or fantasy sports activity that keeps players hooked on the platform.

Q.6 How long does it take to develop a fantasy betting application? 

Ans. On average, it takes around two to three months to develop a fantasy sports application from scratch.

Nitin Garg

I am Nitin Garg, founder of BR Softech PVT LTD - an award-winning mobile game development company known for its excellence in the gaming domain. We have a team of 180+ exceptional professionals & we have a satisfied clientele of 2.7k+ globally. Driven by an entrepreneurial spirit, I aim to elevate BR Softech to a billion-dollar company.

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