Turnkey Sportsbook Development Cost & Features- Everything You Need To Know
written by Nitin Garg | Nov 24, 2022
As more and more people enter the sports betting market, the demand for sportsbook software solutions rises. Unlike other sportsbook software, building turnkey sportsbook software is the most uncomplicated and easiest way to start your own online gambling business. Betting has always been there among us for centuries. Earlier, people head out to brick-and-mortar setups to bet and earn huge amounts of money. However, the scenario has changed now.
Today, people play online betting games from the comfort of their couches. Platforms like white-label sportsbook software and turnkey sportsbook solutions took gambling to the next level. Sports betting software offer plentiful benefits to both users and owners. It allows players to access a wide range of sports betting games under one platform while placing bets according to the match stats, performance and preferences. Many gaming entrepreneurs see turnkey sportsbook software as the perfect match for their business as it offers greater flexibility and high-end customizable features.
According to the research, the global sports betting market was valued at $58k million in the year 2021 and is expected to grow and reach a value of $185k million in the year 2026. Moreover, the sportsbook software market is expected to grow at a CAGR of 5.85% in 2026.
In this blog, we will cover all the important aspects related to turnkey sportsbook software, including cost, integration, features, benefits, etc.
Table of Contents
What is Turnkey Sportsbook Software?
Turnkey software for sportsbooks is a fully customizable and ready-made sports betting platform that allows operators to customize the feature and functionalities as per the requirement. It is the most trending and preferable platform for the sports betting business, allowing owners to generate a great amount of money through high-performance features, and global reach. In a nutshell, we can say that turnkey sports betting software offers enhanced flexibility, customization and participation levels.
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If you are new to the sports betting world or an existing entity, make sure to go through the formal or legal formalities before launching your turnkey sportsbook solution in the market. Unlike white-label sportsbook software, the turnkey software solution for sportsbooks offers great profitability, personalization, and cost-effective solutions to global business owners.
Benefits of Turnkey Sportsbook Software
Turnkey sportsbook software has its own share of advantages, allowing operators to enjoy a great amount of flexibility when it comes to the deployment of any website, app, or platform.
Unlimited Personalization Option
The turnkey sportsbook platform offers unlimited customization options to gaming entrepreneurs to make changes to their respective websites or apps. They can easily select the number of sports betting games they want to include on the platform while deciding on game types, designs, etc.
Easy to Use
The turnkey sports betting platform is highly scalable, reliable, and credible due to its user-friendly and easy-to-use features. You don’t need to invest extra effort and time to understand the games and platform.
If you are looking for a budget-friendly and highly economical development option to launch your own sports betting platform in the market, then turnkey is your go-to option as it helps you to get the ready-made sportsbook platform in the minimal investment possible.
The turnkey solution offers a wide range of high-end features and elements as compared to other sports betting platforms. You must check all the features before deploying a turnkey solution on your application or website.
If you want to start your online sports betting business instantly, then turnkey sportsbook software is all you need. Being a ready-to-use platform, it offers gaming entrepreneurs a one-stop platform where they can incorporate a wide range of games and features. Using this platform, you don’t need to invest money in hiring a separate team of designers and developers to make a sports betting platform from scratch.
Live Betting Integration
With the integration of a live betting feature, users can place their bets by consuming live match updates and stats. Turnkey Online Sportsbook Software incorporates this feature to provide users with real-time game updates in nearly no time.
Features of Turnkey Sportsbook Software Development
Sports betting is the fastest-growing gambling industry today. There are plentiful sportsbook platforms available in the market, however, only a few of them cut above the rest due to their high-end features. Here is the list of features that you must include in your Turnkey Online Sportsbook Software to make a great impact in the market.
This feature allows players to place bets in real-time without any delay. Users can check live match updates and stats to make accurate and informed live betting decisions.
The turnkey sportsbook software offers users the convenience to bet and settle their bets in one place.
Multiple sports betting games
The turnkey sportsbook platform covers a wide range of sports betting games from horse racing betting, and cricket betting to basketball and football sports betting.
The turnkey sportsbook solution allows users to track the progress and updates related to each match in real time, helping them make accurate betting decisions as per the changed stats, and numbers.
This feature allows you to manage the odds and payouts on your sports betting platform.
Different bet types
Sportsbook turnkey solution also offers players to place different types of bets such as parlays, teasers, straight bets, totals bets, Moneyline bets, etc.
This feature allows you to access the latest and real-time information about your sports betting business, helping you make informed and accurate decisions. The dashboard represents detailed information related to match stats, team players, team performance, etc.
The turnkey sportsbook software offers multi-lingual support to customers, helping them understand match-related information in their own native language.
The platform must incorporate safe, secure, and reliable payment methods that are widely accepted and preferred by people across the globe. It must ensure customers process translation with great ease.
24/7 customer support
It must provide users with constant and regular tech support to users so that they can get instant solutions to their problems.
Turnkey sportsbook software is a ready-made sports betting platform that offers great levels of personalization, involvement, and flexibility. With the turnkey solution, operators can customize the features, functionalities, and interface by making changes as per their preferences. They can select the sports content, types of games, marketing strategies, and payment integrations as per their will.
While sportsbook API is simply a process of communicating data between the systems. If you are looking for a cost-effective method to launch your own sports betting platform, sportsbook API is your go-to option. Using this, you can integrate high-performance features and payment methods into your required platform. It offers increased customization and participation levels to operators while covering a wide range of matches, sports bet types, leagues and eSports.
Turnkey sportsbook development is becoming increasingly popular among gaming entrepreneurs due to its easy-to-use and customizable nature. On average, turnkey sportsbook software costs around $20,000 to $50,000. The cost may shoot up to $80,000 depending on the advanced specifications including high-end features, next-gen technology and payment integration. There are different factors affecting the overall cost of turnkey sportsbook software solutions, including
The location of the developer
The complexity of the features
Advanced tech stack
Why Choose BR Softech for Turnkey Software Solutions?
As one of the leading Sports Bookie Software Providers, we have helped a ‘N’ number of clients with feature-rich, advanced tech turnkey software integrations that are highly scalable, reliable and profitable. We can help you transform your dream project into reality with the help of an expert team of developers who work day in and day out to bring innovation to digital screens.
Our turnkey sportsbook software allows users to place bets on a wide range of sports betting games including horse racing, cricket, football, and basketball. We aim to focus on flexibility, customization, and high-performance feature integration while delivering turnkey sportsbook development services. Choose us to get:
With the growing demands for online gambling or betting apps, there has been an inclination towards online sportsbook software and solutions. There is a wide range of sports betting software solutions that are available in the market, however, each software is different from another because of its features, tech stack integration, and specifications.
Unlike other sports betting software, turnkey online sportsbook software is emerging as a trend to instantly start an online gambling business. It helps players make accurate and authentic betting decisions based on real-time match updates, scores, and team performance.
If you want to make a difference in the online gambling market through a cutting-edge turnkey sportsbook software solution, choose us to get unmatchable and top-notch turnkey sportsbook website development. As a renowned and the best turnkey sportsbook solutions provider, we offer supreme quality, highly personalized solutions as per your requirement.
What Does the Development of a Turnkey Sportsbook Technology Include?
The major Tech stack to develop a turnkey sportsbook software is java, angular, AWS, Azure, scala, react and Kubernetes.
How to Start your own Sportsbook Business?
You can start a sportsbook business by launching your own sports betting application or website. All you need to do is choose the best sportsbook software provider that can help you translate your dream project into reality. Be it a Whitelabel sportsbook software or turnkey sportsbook software; make sure to choose suitable software for your sportsbook platform development. Read More
What Does the Turnkey Sportsbook Platform Include?
Turnkey sportsbook platforms include live statistics and analytics of a wide range of sports betting games, helping both admins to keep a track of their business performance. The platform also consists of safe payment integration to help users do quick and safe transactions.
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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.
BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2012 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, and mobile game/software development intending to deliver outstanding digital outcomes.