What is the cost incurred to develop a Sports betting app?

The online sports betting market is expected to generate $103 billion by 2025. Yes, you read that right. What originated as an entertainment industry, has turned into a major revenue-generating sector. The market is expanding more than ever with people all across the world accessing these apps. Sports betting apps like Bet365 have established their entity in the market. Entrepreneurs are looking for opportunities to venture into this flourishing industry. If you are one among those looking to develop a sports betting app, here’s a blog for you. Let’s discuss the cost to develop the app. 

‘Your requirements determine the development cost’
Various factors are attributing to the cost of developing a sports betting app. They include, 

• Features of the app: Features play a significant role in determining the cost of the app. Any sports betting app must be unique, and it should stand apart from the rest of the lot. As a result, integrating vital features in your app becomes a necessity. Some of the features that can incur a major portion of your budget include in-app chat, payment gateways, multi-lingual support systems, etc. 

• The number of platforms: You must launch your app across different digital platforms like Android, iOS, etc. Launching your app on these platforms increases the popularity of the app and helps you reach out to a wider audience. Generally, the app development involves creating web and mobile apps. As a result, this factor plays a significant role in determining the budget of your app.

• Design of the app: Your UI/UX impacts user experience immensely. Hence, you need to design the app in such a way that it is simple and user-friendly. Thus, this becomes an essential factor in assessing the development cost of the app.

These are some of the popular factors that impact the development cost of a Bet365 like app development.

Summing up,
In addition to the above factors, various factors influence the economy of the app. On average, it takes around $20,000 to develop a Sports betting app like Bet365. However, if you desire to cut the budget significantly, you can opt for clone apps. You can approach companies for Bet365 app clone scripts and make customizations according to your needs.