Want to invest in sports prediction software? We bet this would be a fair and lucrative choice for you! Since fantasy sports apps have become increasingly popular these days, people love to make right guesses and make huge money out of it. And that’s where the role of sports prediction software comes in handy! There is another level of thrill and excitement among fans when they are able to predict what’s going to happen next during a game. This is why Sports Prediction Software is used by many brands to entice their fans.
It is a full-fledged platform that allows users to predict the outcomes of fantasy sports games of all genres. At BR Softech, we can provide you with a feature-packed and tech-enabled sports prediction software offering that you can cater to the demands of the current fantasy sports players.
In this blog, we will highlight everything regarding sports prediction software that entrepreneurs and investors must know in 2024.
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In order to win a Fantasy Sports league or contest, one must make accurate predictions. Predicting the performance of the player is a good way to build a winning team. Sports prediction software steps in where you need to make a wise decision based on facts, figures, and stats.
Users of the Fantasy Prediction Application can make accurate predictions and win. Anybody can join by giving their basic information, and there are no fees or bonus offers associated with joining this site or app. With this, any entrepreneur, or investor can actually make a fortune and lucrative business as the demand for fantasy sports and prediction tools is high in the current gaming era.
As the best sportsbook software provider, we offer the following features that increase the engagement and retention of the players on the platform:
We provide your customers with the opportunity to join global leagues and compete with punters from all over the world through our sports prediction software.
Create custom/private pools for your users and allow them to invite their family, friends, and colleagues. Boosting engagement and acquiring new users are both possible with this feature.
Game admins can create custom rules for private/custom pools, allowing them to craft the games/tournaments of their choice.
You can cater to the needs of punters with diverse interests with our sports prediction software that covers 25+ leagues and sports.
Engagement, excitement, and thrill are fueled by live results. Maintain audience engagement on the Sports Prediction Platform by rendering live results.
A leaderboard is a great way to promote healthy competition on a platform. With our dynamic leaderboards, you can display ranks and boost participation.
You can use statistics to tweak your competitions effectively and get all the information you need regarding matches and player performance.
Make better comparisons and decisions with best-in-class insights that help you craft better questions and challenges.
With our scheduling tools, you’ll be able to manage your tournaments, leagues, and competitions more effectively.
This feature gives you all the insights you need to maintain, store, and access detailed records.
We now offer a refer and earn feature to help you onboard more users for your sports prediction software.
Maintain a record of the contests users have participated in in the past and help them keep track of their data.
Match management tools give administrators complete control over upcoming matches, events, and contests.
Your admins can easily monitor all large and small transactions with our sports prediction app’s transaction management tools.
The technology combinations you choose when developing a sports prediction app have a significant impact on its performance. Tech tools are chosen based on a variety of factors. The following tech stack is recommended.
| Framework and programing language | Java, React Native, PHP, Flutter, C, Swift, or Kotlin |
| Database Management | MongoDB, MySQL, PostgreSQL, Cassandra, HBase, MailChimp Integrations |
| Front End | JavaScript, CSS, HTML5, Bootstrap, jQuery, AngularJS |
| Cloud | Google Cloud, Azure |
| Payment Integration | PayPal, Stripe, Braintree, PayUMoney, e-Wallets, Net Banking, e-Banking |
| Push Notifications | Twilio, Apple push notifications |
Sports prediction software development is not an overnight task and hence requires a lot of market research, planning, brainstorming, and technical know-how. Here is the list of steps we follow to develop sports prediction software for betting and fantasy sports:
The first and foremost step towards developing prediction software is market research, which involves generating a basic idea about the market and other factors influencing it. Moreover, we also do competitor research and SWOT analysis to find out potential threats, opportunities, and weaknesses in the market.
Once we are done with the market research, we ensure to make a unique and distinguished design and interface for the sports prediction platform. We ensure that the platform attracts and retains the interest of the users for a longer time.
After a successful design, we ensure to development of a professional prediction platform with coding languages and the latest tech stack. During the game development process, we aim to keep our clients in the loop to align all their personalized requirements.
Once we are done with the development process, we aim to do the quality assurance process to ensure that the design and the development of a website are of the highest quality. We aim to clear all the bugs or loopholes in the platform.
A customized sports app is deployed after development. We aim to launch the platform using strategic marketing tactics like digital marketing campaigns, content marketing, email marketing, content marketing, etc. It is necessary to maintain and support all software regularly while updating it as per the new technologies and trends.
It is nearly impossible to define the exact cost of sports prediction software until and unless we don’t know your project details and specifications. There are a number of factors that affect the price of sports prediction software. The sports prediction software development costs range from $25k to $30k for the Android platform and $35k to $45k for the iOS platform.
| Processes of development | Costs for Android ($) | Costs for iOS ($) |
| Developing natively | 8k- 10k | 12-14k |
| UI/UX Design | 2k-4k | 2k-3k |
| Developing backends | 4k-5k | 5k-6k |
| Admin panel for web development | 2k-4k | 6k-7k |
| Assurance of quality and testing | 5k-7k | 5-7k |
| Management of projects | 4k | 5k-8k |
| Finalized costs | $25k to $30k | $35k to $45k |
Here is the list of factors affecting the overall development of sports prediction software:
To help you serve with the best Sports Prediction software solutions, our sportsbook software providers use the latest technology. At BR Softech, we aim to provide users with quality over quantity. Our expert team of designers and developers holds years of experience, expertise, and knowledge when it comes to providing users with an end-to-end prediction platform. Choose us to get:
Ans. On average, it takes around two to three months to develop fantasy sports prediction software from scratch. However, the duration may go up depending on the type and complexity of the project.
Ans. Yes, we provide our clients with ready-made or white-label sports prediction software with pre-defined features and interfaces.
Ans. Yes, as the best sports betting software development company, we offer clients feature-packed software solutions that are customizable and can be altered on demand.
