Sportsbook

How Much Does It Cost to Create a Sports Betting App like DraftKings Sportsbook?

Gone are the times when the gambler had to manually visit the website and place a bet. With advanced technologies and competition, betting apps have gained popularity like never before. The betting software developers have cracked the code of creating some thrilling and practical sports betting apps. The new-age betting app comes with multiple features that enable flawless and thrilling gambling. The way a large number of people utilize betting apps is clear evidence of betting apps’ popularity. Various sports, events, and players are being betted on with the latest Sports Betting app. Sports betting apps are a real game changer in the gambling industry as it allows users to bet on the go with their smartphones in their hands.

So, now the question is, If betting apps like Draftkings are this lucrative and have the potential for global success, how can you create a betting app and how much will it cost?

Before we dive into the process of betting app development, let’s first know about the DraftKings Sports Betting app.

What is DraftKings Sports Betting App?

An America-based daily fantasy sports contest and sports betting company, DraftKings Sports Betting App allows players to participate in fantasy sports and other contests and win money based on the performances of an individual player or team in a sporting event. Some of the globally renowned sports on which players usually bet are Premier League, UEFA Champions League football, NASCAR auto racing, etc.

Now that we have got an idea about Sports betting app and their basic concept, let’s understand the key features of a Sports betting app:

Key Features of a Sports Betting App:

A sports betting app can have several features based on the needs and experience of the app owner. Some of the popular features that make the Sports betting app a convenient and fun source of betting are in-play bets, sports news & updates, match schedules, and updates, a safe and easy payment gateway, odds and predictions from different sports, Game live streaming, and more.
Here is a list of a few major features of a Sports betting app that can make your app stand out from others:

Simple UI 

The sports betting app can potentially lose its meaning if it does not have a clean and simplified user interface. DraftKings has managed to make its app fuss-free and convenient to use, which makes it a preferred betting app for many users. 

Easy-to-Navigate

The recognizable logos or symbols, easy-to-read fonts, clearly visible elements, and searchable options makes Draftkings Sports betting app a fun and comfortable place for the users. If you’re developing a sports betting app, you must make sure that it does not look chaotic and complex but instead fun and convenient. 

In-play Bets 

In-play bets mean players can place a bet while the game is going on. This feature makes the users sit on the edge of their seats. Betting on live matches becomes much more exciting with real-time scores and springing odds. 

Live Streaming 

A live match is an obvious yes-yes for a Sports betting app. The ability to see live matches anywhere with an app is a real bliss for die-heart betting fans. 

Match Schedules 

Sports betting apps like DraftKings Sportsbook provides updates on current/upcoming leagues & tournaments and their schedule. These apps also allow the users to set up a reminder for the matches that they don’t want to miss. 

Exciting Offers 

Sports betting apps have amazing offers for their users. It tells them about the attractive odds in the match and other promotional stuff that are often potential deals for the users. 

Multi-lingual Facilities 

Since players bet on sports events from different parts of the world, the multi-language facilities in the Sports betting app encourage users to enjoy betting in their native languages.

Two Features You Must Have in a Sports Betting App:

If you want to lead the domain of Sports betting, there are two features that you must include in your Sports betting app. 

Reliability 

One of the biggest concerns of users of Sports betting apps is the risk of losing money on their bets. If users feel that they are at risk of losing their money, they might be discouraged from further betting. A user or gambler needs a stable and reliable platform that ensures secure transactions and viable deals. Thus, make sure you provide a pleasant and safe betting experience to your users. 

Actionable News & Insights

Sports betting app provides useful and fruitful insights about matches, teams, players, scores, and performances in real-time that helps users to bet wisely. This way the risk of losing bets also decreases which makes users stick to the app. Although, Sports betting app is not a sure-shot way of winning bets it reduces the risk and helps users bet professionally. 

Now that we have discussed the must-have features in the sports betting app, let’s see how much it costs to develop the sports betting app.

Cost of Developing a Sports Betting App like DraftKings Sportsbook:

DraftKings Sportsbook is a perfect example of a quality Sports betting app with top-notch and useful features created by some skilled betting app developers. Players usually don’t face any trouble while using their app. Sports betting app development companies would usually quote the price anywhere between $35,000 to $40,000 for high-end sports betting apps like DraftKings Sportsbook. This cost is derived from the estimated rate of app developers, programmers, and designers based out in sub-continent countries like India. If you go for European companies for sports betting app development, the prices would go higher. So, based on your budget and requirements you can opt for any Sports betting app development company globally. 

However, the above-mentioned price range is only an estimated cost as on August 2022.

Conclusion:

If you’re looking for reliable and quality sports betting app development services to create sports betting apps like DraftKings Sports, then you can reach out to Innosoft Group which is one of the leading sports betting app development companies based out of India.

Innosoft Group offers a complete range of Sports betting services. Our team of Sports betting app developers, designers, and programmers offers advanced features for creating scalable and reliable sports betting app services. Moreover, we incorporate multiple secure payment gateways in our sports betting app. On top of that, we provide effective and user-friendly software solutions. Our team ensures high-quality betting software and thrive to fix software issues on the go ensuring reliability and quality. We also provide after-launch marketing, promotional, and consultation services to enhance your business standards. Contact Us for customized app development solutions at affordable rates according to your business needs.