Pool betting is not what it used to be quite some time ago. Today, with its digital transformation, it is gaining popularity worldwide as more people don’t need to go to betting counters and shops. They get transparent, fair, and engaging betting options, everything at their fingertips.
Unlike traditional bookmaking, pool betting (also known as pari-mutuel betting) allows players to bet against each other rather than the house. With the right pool betting software, businesses can launch a profitable platform that attracts users with exciting features, multiple betting markets, and secure payment options.
This blog will help you learn what pool betting software is, how it works, its unique features, benefits, and cost.
Pool betting software allows players to place bets in a shared pool. All stakes are collected together, and the prize pool is distributed among winners after deducting a small commission (house edge). Popular in sports like horse racing, football, cricket, and esports, pool betting ensures fairness since the odds are not fixed but based on the number of participants and the size of the pool.
How Does Pool Betting Work?
Here is a simple breakdown of the pool betting process:
First, the players place a fixed-stakes bet into a common pool
Once the betting closes, the pool is locked
The operator deducts a small fee or commission (either fixed or depending on the bet size)
The remaining prize pool is shared among the winning bettors
For example, if 1,000 players each place a $10 bet, the pool totals $10,000. After a 10% operator fee, $9,000 is distributed to the winners.
Key Features of Pool Betting Software
Pool betting software includes features like multiple bet types, agent systems, live streaming, crypto payments, and more. Below is a detailed list of the key features:
Feature
Description
Multiple Bet Types
The software should support single bets, multiple bets, and jackpot pools, giving players flexibility to choose their preferred betting style.
Agent System
A built-in agent and sub-agent management system allows smooth operations with commission tracking, helping businesses scale faster.
Live Streaming
Users can watch matches, races, or events live within the platform, creating a more engaging and immersive betting experience.
Cryptocurrency Support
Integration of crypto payments ensures faster, safer, and borderless transactions, making it easy for global users to deposit and withdraw funds.
Multi-Language & Currency
Supporting multiple languages and currencies helps operators reach international users without barriers, enhancing accessibility.
Real-Time Odds & Data
To enhance real-time odds and data updates, it is integrated with a Sports Betting API that delivers instant odds, event stats, and market trends for a seamless betting experience.
Social Media Integration
Players can share wins and updates and engage with communities on social platforms, increasing brand visibility and user retention.
Bet Tracking
A clear bet history and tracking system allows players to review their wagers and outcomes anytime, ensuring trust and transparency.
Security Protocols
Advanced encryption and fraud detection mechanisms protect user data, funds, and transactions from cyber threats.
Benefits of Pool Betting Software
Businesses that invest in pool betting software enjoy several long-term advantages:
Revenue Ownership
With pool betting software, operators have full control over revenue streams instead of relying on third-party platforms. They can set their own commission rates, jackpot rules, and payout structures. This helps maximize profits while building a sustainable business model.
Risk Management
Unlike traditional betting models, the risk is spread across all players in a pool. This reduces the operator’s liability since payouts come from the collective pool rather than fixed odds. It ensures stable operations even when there are unexpected wins.
High User Engagement
Interactive features like live streaming, social sharing, and multiple bet types keep players engaged for longer sessions. Users are more likely to return frequently because the platform offers both entertainment and fair chances to win.
Scalable & Cost-Effective
Pool betting software is designed to grow with the business. Whether adding new sports, markets, or agents, scaling is smooth without heavy investments. This makes it cost-effective for startups and large betting companies alike.
Transparency & Fairness
Since all bets and payouts are clearly visible to participants, users trust the system more. Real-time odds and transparent tracking ensure fair play, helping businesses build credibility and retain loyal customers.
Build Your Own Pool Betting Platform Today!
Looking to launch a secure, scalable, and feature-rich pool betting platform? Our experts will guide you with the right strategy & technology.
To ensure success, consider the following while developing pool betting software:
Regulatory Compliance
Every region has strict laws for online betting. Obtaining licenses from authorities like the UK Gambling Commission or Malta Gaming Authority builds trust and ensures legal operations.
User Experience (UX)
An intuitive interface with smooth navigation makes users stay longer and bet more often. A clean design also helps beginners feel comfortable while exploring different betting options, while overcoming common UI/UX design challenges in sports betting platforms, which ensures a seamless and user-friendly betting experience
Payment Gateways
Integrating multiple local and international payment methods improves accessibility. Supporting cards, e-wallets, and crypto ensure quick deposits and withdrawals for all users.
Responsible Gambling Tools
Features like self-exclusion, deposit limits, and parental controls promote safe gaming. These tools also help businesses comply with global gambling responsibility standards.
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On average, the cost of developing pool betting software starts from $20,000 and can go up to $50,000 or more, depending on the complexity, features, and type of platform. Here’s a rough estimate:
Package
Features
Estimated Cost (USD)
Basic
Standard betting, user panel, admin dashboard
$20,000 ~ $30,000
Advanced
Multi-sport support, live streaming, crypto payments
$30,000 ~ $50,000
Enterprise
AI-based odds, high-end UI/UX, custom features
$50,000+
These costs are just estimates, and additional costs may apply for third-party integrations, licensing, or ongoing maintenance. If you want to know the exact cost estimation for your pool betting software, get a quote here.
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Why Choose BR Softech for Pool Betting Software Development?
With over 10 years of experience in pool betting software development, BR Softech is a trusted name in the industry. Here’s why global clients choose us:
Skilled Development Team: Experts in AI, blockchain, and real-time data integration.
Custom & White-Label Solutions: Tailored to your business goals.
Cross-Platform Compatibility: Works seamlessly on web, Android, and iOS.
Security First Approach: End-to-end encrypted transactions.
Timely Delivery & Maintenance: On-time launches with post-deployment support.
Final Words
The pool betting industry is growing rapidly as players prefer fairness, transparency, and innovative betting experiences. Whether you’re launching a startup or expanding your betting business, investing in pool betting software development can set you apart in a competitive market.
At BR Softech, we help you build feature-rich, scalable, and secure pool betting platforms tailored to your goals. Get in touch today to discuss your project and request a free demo.
Frequently Asked Questions (FAQs)
What is pool betting software?
It’s a digital platform that lets players bet into a common pool, with winnings shared among the winners after a small commission.
How much does pool betting software cost?
Costs start from $20,000 and go up based on advanced features and integrations.
Can I get a white-label pool betting solution?
Yes, BR Softech offers customizable white-label pool betting software for a faster launch.
Which sports are supported?
Popular options include football, cricket, horse racing, basketball, esports, and more.
Is crypto betting supported?
Yes, our solutions support both fiat and cryptocurrency transactions.
Nitin Garg is a seasoned tech entrepreneur and the visionary founder of BR Softech, a globally recognized leader in game development. With over 13 years of industry experience, he has been instrumental in transforming BR Softech into a powerhouse of innovation, offering cutting-edge solutions in Video Games, Blockchain Games, NFT Game Development, and card games like Poker, Rummy, and Teen Patti.
Nitin’s deep expertise in emerging technologies, combined with a sharp business acumen, has helped position BR Softech as a trusted name in the international gaming arena. Under his leadership, BR Softech has built a global clientele of 3,000+ satisfied customers and scaled a dedicated in-house team of 180+ skilled professionals.