Pool Betting Software Development platforms have gained a lot of popularity over the years. Tier market size was $88.65 billion in 2023 and will grow to $137.26 billion at a compound annual growth rate (CAGR) of 9.3% (Source)
Many popular sports betting software like Bet365, William Hill, FanDuel, etc. have become widely renowned in the sports betting market. They provide betting on sports such as pool, horse racing, football, hockey, cricket, etc.
Pool Betting is a stake amount in a fixed betting pool system. The players wager the same amount and bets are calculated to determine the total pool prize money. A player who wins the bet also wins all the pool amount. Pool betting isn’t new and has been for decades in traditional practices. Now it is widely popular in the online betting industry. In online betting, pool betting software has been getting quite popular as it provides a variety of outcomes from which the players can choose their favorite ones.
If you want to start an online betting business in pool gaming then this guide is beneficial for you. It provides an in-depth overview of developing pool betting software including its features and cost. Let’s get started with some information about the software.
Note: We do not promote gambling. If you are a player, check if online pool betting is legal in your area. We encourage you to gamble responsibly. Gambling laws vary from region to region. If you are starting a pool betting business then comply with the legal requirements and regulations for your target market.
We have a team of experts who can help you with app web & software development
Table of Contents
People enter a pool and bet on various outcomes by paying a certain amount to enter the pool. There are several additional features in a custom pool betting software that can enhance your betting experience. BR Softech is a Pool Betting Software Development Company that believes in providing cost-effective and fully functional software to meet your business needs in the best way possible. As a leader in pool betting app development services, we offer attractive UX/UI design for betting games and technical competence. As pool betting has become a popular trend among bettors, we develop innovative and cutting-edge pool betting software for your business.
Players begin by staking a fixed amount in the Fixed Pool Betting System. Participants must place an equal amount of wagers. All the bets are added up to calculate the pool’s prize money. Casinos and organized gambling establishments deduct overheads as taxes. Whenever gambling is being done to raise funds for a cause or otherwise, an amount decided by the participants is kept aside. The remaining funds are equally distributed. However, in informal settings, the prize money is the total accumulated pot.
One of the most exciting aspects of pool betting is the variety of outcomes from which players can select their favorites. The results vary from pool to pool, ranging from one winner to multiple winners.
Read More:- The Best Online Betting Games
Users experience enhanced overall interaction with Pool Betting Software due to its integration with a range of features. These features significantly improve the platform’s appeal to users. Let’s take a look at the most essential features that are included in pool betting software.
| Feature | Description |
| Multiple Bet Types | In addition to traditional bets, parlay betting, H2H betting, pari-mutuel betting, handicapping, each way, and over/under betting, we also provide a wide range of betting options in our pool betting software. |
| System of Agents | Our platform supports the hierarchy of agents, allowing a strong network of agents from different regions to work together. |
| Cryptocurrency Support | Our white-label sports betting software supports a wide range of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin, etc. |
| Multilingual Support | We offer our betting software in multiple languages so users from all around the world can enjoy the Pool Betting game in their preferred language. |
| Live Streaming | You can place bets during a live match by using this feature. Users don’t have to wait for betting to start. |
| Schedule and Date | There is a date and schedule feature in our white-label pool betting software designed to provide regular updates on every match like the match time and date. It allows users to schedule their gaming activity ahead of time. |
| Social Media Integration | We offer white-label pool betting software with social media integration. Users can discuss bets in their social media groups and celebrate wins together with this feature. In addition, we provide you with ultra-modern mobile sports betting applications for both Android and iOS. |
| Sports Data & Odds Integration | Having connections to some of the most reliable data providers allows us to provide our platform with the best sports data and reliable betting odds API that is updated in real-time. |
| Live Stats | We provide live statistics on every match. This allows the users to place more effective bets. |
| Multiple Payment Options | Having connections to some of the most reliable data providers allows us to provide our platform with the best sports data and reliable betting odds API that is updated in real time. |
| Bet Tracking | Users of our betting software can receive instant notifications regarding their bet status, player updates, pre-match odds, key movements, and so on. |
| High-Level Security | We offer fully secure pool betting software. This means that there can be no fraudulent activity. In our betting software, we provide high-end security to ensure no data is misused illegally. |
| The Betting Community | Get support from experienced bettors who assist beginners and immature bettors in placing effective and winning bets. |
Betting platform. Let’s take a look at the most essential features that are included in pool betting software.
Read More:- Crash Betting Website Development: A Full-Fledged Guide
Pool betting software development provides several benefits to both users and businesses. Here are the benefits business owners can get after creating a pool betting software.
We never share the revenue generated from our software with our clients. Our clients simply need to pay for the services we provide. We offer clients a real-time view of all their transactions with us through our transparent billing system.
We provide our customers with highly secure and unparalleled pool betting software. To ensure a safe and secure betting experience, our sports betting software solution offers several risk management tools.
We are known for our easy-to-use interfaces and user-friendly designs. Our team helps clients deliver a smooth and hassle-free experience to their users.
We offer quick solutions with an out-of-the-box approach from our development team. With the client’s needs in mind, we develop highly cost-effective software solutions.
Read More: Diamond Betting Exchange API: All You Need to Know
To start the project, you need to ensure a few things and take care of some steps. These include:
It is important to provide the user with adequate information on how to bet and also warn them about the risks involved in betting. When a newbie loses all their money, they may become frustrated and never return or even uninstall the app.
For your app to provide optimal UI and UX, you also need to pay attention to making it visually appealing. Users should be able to easily navigate the app, understand betting rules, and get the information they need.
The most important thing here is gaining the trust and confidence of your target audience. Users can use the Responsible Gambling Policy to make a monthly or weekly deposit as part of the policy.
Another significant step you can take in this regard is to prevent minors and underage gamblers from signing up for the app. Each player must go through the age verification process before creating an account.
The management of the betting platform will determine how much customization the app owner needs. In other words, he could manage the bets, and the payouts and also monitor changes in odds in real time. However, it needs to be improved continuously.
There is always a concern about how safe the bet amount is because betting involves a lot of money. Hence, you must provide strong and fortified security without compromising anything. In addition, all transactions should be secure and the user should be able to withdraw any winnings without any problems.
When it comes to online betting games, security and servers are without a doubt the most important factors. On no front should it be compromised. Users are often at risk of losing their hard-earned money due to loopholes in security issues. Having a large amount of data and information makes the server configuration very important. In this case, you would need two different servers. You can use a single server for small operations.
Read More:- Popular Types Of Gambling Games: Know Before Launching Your Betting Business
The various factors influence the cost of developing pool sports betting software. On average, the cost of pool betting software starts from $20,000 with basic features and functionalities. Contact BR Softech to know the exact cost estimation for your project so that they can clear all your doubts regarding the development of your pool betting software.
Here is the list of factors affecting the cost of software for pool betting.
BR Softech has been in the Gaming industry for more than a decade, developing white-label pool betting software. Until today, we have shipped 40+ products around the world successfully. Each of our sportsbook software providers, and products have a variety of useful features. Keeping up with industry trends allows us to offer our clients a state-of-the-art solution as market demands keep changing. We ensure 100% payment and data security with our white-label pool betting software. Aside from that, it also has all the features you would expect. Still not convinced? Please let us know. Our customer service team listens and strives to deliver the best product.
Read More:- Best Sports Betting API Service Provider
BR Softech is a renowned name in the sports betting industry. The company has developed numerous betting software for various clients across the globe. Our team of highly skilled software designers and developers is proficient in the latest technologies. If you are looking to enter the sports betting industry by starting an online pool betting business, contact BR Softech. Our team will help you clear every aspect of the online pool business. Choose us to get:
There is a thriving betting industry. Several states and countries are considering it for legalization. Over the next few years, online betting will grow enormously. Include all popular features that draw consumers’ attention when developing online pool betting Create your website to please your audience, right down to the graphics.
Pool Betting refers to staking a particular amount in a fixed pool. All the players bet the same amount and the total amount of the pool is the prize money. The winner wins the entire sum of the Pool money.
Yes, we provide customized Pool Betting software that is bespoke and tailored to the client’s requirements.
We include a wide variety of games in our Pool Betting Solutions: Pool, Hockey, Cricket, Football, Horse Racing, and others.
