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Fantasy Sports

Sports Prediction Software – Investment Opportunities for Startups & Entrepreneurs in 2022-23

written by Nitin Garg | May 13, 2022
Sports Prediction Software - Investment opportunities for startups & entrepreneurs in 2022-23

Fantasy sports apps have become increasingly popular in recent years. Consequently, sports prediction software is becoming more popular. Throughout the years, we have seen numerous fantasy sports apps all over the globe. Naturally, this has influenced the success of all startups and aspiring entrepreneurs. 

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 in the fantasy sports app development industry to entice and enthrall their fans. However, first, let’s clarify what Sports Prediction Software actually is.

Sports Prediction – What is It?

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 is an enormously lucrative business. 

Users of the Fantasy Prediction Application can make accurate predictions and win with the application. Anybody can join by giving their basic information, and there are no fees or bonus offers associated with joining this site or app. 

A Market Analysis of Fantasy Sports Prediction Apps

Statista indicates that 85% of users prefer mobile apps over websites while only 8% prefer online fantasy sports.

There were 18.6 billion dollars in fantasy sports market revenue in 2019. Market size is predicted to increase by 13.9% CAGR over the next decade, reaching over $48 billion by 2027.

Football prediction apps currently lead the market, and we can expect to see them dominate for many more years to come.

The rapid growth of digital infrastructure in developing countries is driving the development of sports prediction apps. The number of internet users in India is predicted to reach 974 million by 2025.

Mobile Game development has grown significantly due to the decline in the cost of smartphones and the internet.

We Offer Several Contests Through Our Sports Prediction Software:

Easy Contest

Simple Contests are games in which the player with the highest score wins.

Contest for trophies

Trophies are awarded to the winners of each match in a contest. They are similar to knockouts. These types of contests require a great deal of courage.

Tournaments & Leagues

In the league, participants want to compete against each other in this game. Only the winner advances.

Drop Off

 In this contest, there are eliminations and promotions for each round. Players who lose the game are eliminated from the contest.

Read More: A Complete Guide: White Label Esports Betting Software Development

Predictive Sports Software Offers the Following Features:

To feature your business that turbocharges Sports betting Prediction software will assist you with that. These features will allow you to turbocharge Sports Prediction.

User Control Panel

1. Profile of the users – Displays the user’s profile.

2. Match winnings – Displays the number of matches that have been won

3. Record of games played, wins, and losses – A record of contests played, won, and lost.

4. Earn points and invite members – Invite your friends to join and earn rewards.

5. Make a fantasy team – Can make your own team.

Accessed through the admin panel

1. Role-based Dashboard – Displays the matches by role

2. User Management – Administrators can edit user details

3. League Manager – Helps the administrator manage contests correctly

4. Manage rewards and bonuses – helps admins provide rewards and bonuses

5. CRM- An effective CRM can manage emails, notifications, and locations of users.

6. Revenue Management – Calculates profits

7. Managing earnings – view and manage the tournament’s earnings

8. Ordering matches – Matches can be ordered.

Read More: Cost of Sports Betting App Development With Top-Class Features

BR Softech Sports Prediction Application has the Following Features:

  •  Real-time results – Keeps audiences engaged with real-time results.
  • Leader Boards – Displays ranks and promotes competitions.
  • Recognizes the game’s winner – Displays the game’s winner
  •  Statistic – Provides high-quality data and assists in making smart decisions.
  • The tournament, league, and competition scheduling tools.
  •  Detailed records – Store all the records in one place without any hassle.
  • System for adding money to your wallet – This allows you to do so quickly.
  • A variety of leagues – Offers a variety of tournaments and matches.

However, BR Softech is one of the best Sports Betting App Development Company.

Nitin Garg

I am Nitin Garg Founder of BR Softech PVT LTD - an Award-winning, app, web & game development company. We are armed with 180+ geeks & 2753 clients worldwide, I have driven by the spirit of entrepreneurship and dream to build a billion-dollar-company.

About Us

BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2010 with over 10+ years of rich experience. An Apex rated IT serving company around the world. Our team of innovative and creative designers deals in web designing, mobile/ software development and other digital marketing services intending to deliver outstanding digital outcomes.