The season of sports is already setting boundaries all over the world. Why don’t we, might as well make use of it by building a sports betting app in 2024? What’s the use? 

Well, not only does it keep the entertainment of the people rolling but also throws a significant amount of revenue generation as viewers will be spicing things up by placing bets on their favorite team or players. 

But is sports betting legal? Well, that’s a whole geographical perspective, where some countries full-fledgedly allow betting scenarios to be a sport and some find it a false practice. 

However, if you look at the surveys conducted by Statista, it says that the size of the online gambling and betting industry is vigorously expanding and is estimated to grow by 114.4 billion dollars in 2028. 

So, what does that indicate about sports betting app development? It showcases that the sports betting industry is undergoing some enhancements and will shift the thought process to online and live settings which will further impact the future global economy as well.

Want people to place bets live through your sports betting app?  This is your ultimate roadmap to give all kinds of sports betting options to the bettors.  

Opportunities That Come Handy When Building a Sports Betting App In 2024

What is the future of sports betting? How do sports betting apps make money? Will building a sports betting app cost you a fortune? 

Relax viewers, we have got you covered here!

#1. Convenience To User’s Worldwide

Convenience is a major factor in why people use their smartphones to wager on sports. Mobile phones have completely changed the way people bet by enabling them to do so from anywhere in the world. They can be accessed even when on the go and do not require any other equipment to operate gaming programs.

#2. User Experience Becomes An Eye Candy

Without a doubt, all sports betting websites have excellent responsiveness. Although responsive websites are made to work on a range of devices, they don’t offer the optimal user experience or betting. 

Therefore, to provide consumers with the greatest possible gaming experience, several sports betting companies have switched to mobile online betting applications. That explains why more and more people are starting their sports betting journeys with fantasy sports app development solutions. Because these applications work with a variety of devices, consumers may simply access their preferred sports betting services.

#3. Avail A Variety Of Sports Betting & Gambling Options

What is the finest feature of different smartphones that provide access to games? It offers users a terrific gaming experience on tiny screens and gives them access to a large selection of slots, professional sports, esports, casinos, and more. The sports that best fit the participants’ betting preferences may thus be selected.

#4. 24/7 Access To Online Match Betting

The sports betting apps provide customers with more than just more convenient betting options; they also give you access to a wide range of betting markets and enable you to wager at any time or place. Put simply, users of sports betting programs may place bets seven days a week, twenty-four hours a day.

#5. Sporting Betting App Gives Complete Privacy

Many people are interested in learning more about the betting markets, but they are unable to attend actual betting clubs to do so due to privacy issues. While safeguarding their privacy, users of mobile gambling applications may learn more about the sports they can wager on, the betting markets, and other betting-related topics. 

#6. Practice And Play For Free

Many online betting applications include free or inexpensive practice games, allowing users to improve their betting abilities. With no cash commitment, it allows players to experiment with different games, bet kinds, betting markets, and other features.

#7. Mobile Bonus

Since mobile sports betting applications are so convenient, many professional players have benefited from it. Mobile sports betting has been around for a while. It is a lucrative experience for users to engage in betting activities because the majority of mobile sports betting applications give subscription incentives for downloads and mobile sports betting. In addition to making it profitable for consumers to download the app, this guarantees a positive user experience.

But, Why Is Mobile Sports Betting Getting So Attention Across The Globe?

The way that individuals wager on athletic events has been completely transformed by mobile sports betting applications. Sports fans may now access betting platforms at any time and from any location thanks to the growing popularity of smartphones and other mobile devices.

To put it simply, mobile gaming applications have long dominated the sports betting market, improving player engagement and satisfaction throughout the globe.

But, what is the #1 sports betting app that you can rely upon?

Dave Finn, who oversees Taylor’s Draft Kings account in New York, said, “Sports betting is very popular, and New Jersey is ahead of Mega in revenue.” Finn is referring to Megabet, the most well-known sports betting operator in the UK.

What Are The Famous Types Of Sports Betting Apps In 2024

Many sports betting app types line up when we plan on creating one ourselves such as prop bets, crypto sports betting, moneyline, teaser parlays, and the list gets lengthy. 

Every kind of software has different features and betting opportunities and targets a certain market. Let’s go over some of the most popular categories of sports betting apps in more detail:

1. Sports Betting Using Cryptocurrency

The ideal alternative for you, if you’re searching for bigger bonuses and safe withdrawal methods, is cryptocurrency betting. These days, there is a lot of popularity for this kind of sports betting application, which is mostly focused on bitcoin and altcoins.

2. Straight Bets

This is the most popular kind of wager that sports bettors may place, particularly on games like basketball and football. You may wager on the total number of points that both sides will score in a straight-up match.

3. Point Spreads

In the United States, point spread betting is the most often used type of sports betting. By comparing the respective strengths of the two sides, it aims to level the playing field for them in a particular match. 

The point spread is a projection of the winning margin that takes into account the scoring units used in each event, such as runs, goals, or points.

4. Total Bets on Lines

This wager provides an additional option for wagering on your basketball and soccer teams. The total of the two groups’ points determines it.

5. The Moneyline

With money line bets, your wager consists just of your prediction for the winner. You will receive a greater or smaller payoff according to whether the winner is the favorite or the underdog. Underdogs are indicated by a plus sign, and favorites by a negative sign. For instance, the favored team is the one with a -100 Moneyline, and the team with a +100 Moneyline is the underdog. 

6. Teasers

A teaser is a variant on a parlay bet that pays out modest amounts for significant shifts in the point distribution in your favor. Programs that include basketball and soccer games benefit the most from the extra teaser betting opportunities.

7. Prop Bets

Prop betting is an enjoyable and simple betting tool that appeals to people who have never gambled before and is ideal for beginner-friendly sports. This kind of sports betting does not need you to be familiar with the team you are rooting for; instead, bets are placed on specifics of the event.  

8. Head-to-Head Bets

Two-way betting, sometimes referred to as head-to-head betting, is a kind of wagering when two teams or people compete against one another. Users who participate in this kind of sports betting wager on whether the team will win or lose.

9. Parlays

Stack bets, or parlays, are bets that combine numerous wagers into a single wager. An increased number of bets made to the pool increases the likelihood of winning. You will forfeit your whole wager, though, if you lose one of your bets.

List of Sports Betting App Features To Integrate 

It might be difficult to develop a sports betting app with all the functionality you need. However, the secret to success may lie in starting with a Minimum Viable Product (MVP) version, which is the bare minimum of functionality that meets user needs.

Release the app to the market once the MVP has been developed, then gather user feedback. You can determine the application’s advantages and disadvantages with the use of this feedback. Add more sophisticated features to your app in response to this criticism.

One of the main elements influencing the total cost is the functionality of the app. Let’s talk about the MVP features that a sports betting app needs and how much it will cost to put them in place so that it can be developed successfully. That being said, what is the price and how long does it take to integrate basic features? 

1. Registering And Logging In

Generally, in order to begin engaging with an app, users need to register or log in. Basic possibilities to register with an email address and password should be included on the app. After completing registration, users may use their login credentials to log in. The app must have “Log out” and “Forgot password” functions to make it user-friendly.

2. Making a Bet Live

Any sports betting app must include the option to place live bets. To make it easier for users to browse through the categories and events that are occurring in the current scenarios, the app should include a flexible search mechanism. It should be possible for users to select their wagers and choices.

3. List of Bets

Viewing their bets and sorting them according to different criteria like date, status, and more should be possible for users. It is also possible to employ a suggestion system to provide recommendations based on the user’s past actions.

4. Betting Wallet

Adding a handy wallet option will improve the app’s use. It should be possible for users to top off their accounts and add credit card details. Users should be able to add and remove cards from the app.

5. The Menu Bar For Seamless Navigation

There should be many points on the menu bar. It is advised to provide a “Rules” tab where consumers may examine the gaming rules. Users should be able to get in touch with management via the app if needed.

6. Notifications

Users can receive push notifications regarding updates and new bets. By enhancing user engagement, this feature can encourage users to spend more time on the app.

7. Promotions and Bonuses

Bonuses and promotions are frequently offered by mobile sports betting applications to entice new customers and keep hold of current ones. Free bets, deposit bonuses, and loyalty schemes are a few examples of them. The terms and conditions for these promos and bonuses should be clearly stated in the app.

8. 24/7 Bettor Assistance

Dependable client service should be offered by a top-notch mobile sports betting app. Email, live chat, and phone help are a few examples of this. When users have questions or problems, the support staff should be able to answer them quickly, be informed, and be there around the clock.

Roadmap To Building A Successful Sports Betting App

Whether you are a startup business looking to build an MVP version of the sports betting app or an established gaming company that needs new direction in creating a gambling and betting platform, the following steps will guide you thoroughly as per your business requirements:

Step 1: Create An App Concept

Having a clear vision for the finished product is essential to the success of any sports betting app development project. This entails determining the primary objectives, important design elements, and crucial features of the app.

It’s critical to ensure that your development team understands your concept in order to avoid misunderstandings and to make sure the app concept is feasible given your technological constraints and budget. By doing this, key opportunities to modify the app’s idea are established.

Step 2: Conduct Market Search

When creating a sports betting app, it’s critical to identify your target market because these individuals will probably end up as your customers. Your advertising strategy must so particularly target these users.

It’s critical to investigate and evaluate the industry solutions offered by your rivals in addition to determining who your target market is. To assist you with this, we have compiled a list of five sports betting applications that offer a clear picture of what you want and which user demands your platform can fulfill.

• BetMGM
• Paddy Power
• FanDuel Sportsbook & Casino
• WynnBET
• BettingPros

Step 3:  Analyze Crucial Legal and Regulatory Needs

Because sports betting is such a contentious sector and is even banned in certain places, developing an app for it is a hotly contested matter. To stay out of trouble, you must abide by all applicable rules, laws, and regulations.

It’s crucial to remember that laws and guidelines might change based on the nation in which you intend to introduce your service. Furthermore, getting the right license is essential, and the level of difficulty varies by location.

Step 4: Hiring a Dedicated Sports App Development Company

To achieve successful collaboration, a checklist of important considerations for selecting a mobile app development company must be created. These elements might consist of:

• The range of IT services that the provider provides, including native development, mobile/website development services, and Al integration
• The service offers a variety of collaboration models; you may select the ones that best fit your needs interests and budget.
• Sincere customer testimonials and evaluations on reliable websites like Clutch
• The accessibility of the organization’s solution architects and business analysts

These professionals will assist you with planning and research, as well as making sure your gambling app complies with all applicable laws.

Step 5: Decide on the feature list with your IT partner.

Determining what features your platform needs might be a difficult task. It is advised that you collaborate with your IT supplier to develop a feature list, as their knowledgeable staff can assist you in determining the features that are required to carry out the business logic and satisfy the demands of your intended audience.

Creating a minimal viable product (MVP) version of your software is often the best course of action. This entails adding the necessary functionality to the program. Once it launches, you may grow it to create a more sophisticated platform.

Step 6: Get Your App Started

Making an app for sports betting requires a major part of the development process. Collaboration between a variety of experts is needed at this stage, including QA engineers and UI/UX designers.

A UI/UX designer is in charge of making sure your product has a visually attractive idea that is simple to identify. The primary visual components of your product should normally be in line with the previously agreed upon company goals and objectives.

Upon completion of the engineering process, QA professionals are called upon to ensure the product’s overall quality. Before the program is released, they carefully find and fix any potential bugs or technical concerns.

Step 7: Launch And Support

It’s time to release your gambling application when you’ve finished developing it. Depending on the option you decide on, you may either build a solution that works with both platforms or choose one of the app marketplaces, like Google Play or the App Store.

Want some help in uploading your app in the Apple Store? Here’s the blog you need!

Think about offering additional development help to maintain your software current and competitive. This will provide cutting-edge features and necessary upgrades to your product.

How Much Does It Cost To Make A Sports Betting App?

Developing an app for sports betting typically costs $55,000. Nonetheless, the whole expense may range from $45,000 to $65,000. An app for sports betting that has fewer features—also referred to as a minimum viable product, or MVP—will cost less than one that has all of the planned functions.

Partner With DianApps For Your Next Sports Betting App Development Project

The days of relying on bookmakers and gambling clubs to place bets on preferred sports events are long gone. The emergence of mobile apps for sports betting has increased accessibility to betting, enabling individuals to place bets while on the go. It’s true that the creation of sports betting apps has greatly simplified and increased the enjoyment of life for both investors and bettors, allowing them to earn larger profits and make enormous winnings, respectively.

Therefore, it’s time to begin the sports betting mobile app development process and work with a reputable sports app development firm like DianApps if you’re ready to take advantage of the many advantages that sports betting applications have to offer.

Our team of specialists at DianApps commits to the creation of the sports betting app and has extensive knowledge and experience in the field. We comprehend the entire process, from the development of the original concept to the delivery of the finished product and continuing upkeep. Throughout the process, our knowledgeable staff offers direction and assistance, guaranteeing that the app fulfills the highest requirements for performance and quality.

In addition, we support you throughout the testing and deployment phases to spot any possible issues and offer fixes to guarantee the app’s success. You can guarantee the success of your sports betting applications if you have the correct staff in place.