Aug 20, 2024 App Development
How Much Does It Cost To Create A Sports Betting App?
Aug 20, 2024 App Development
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Aug 20, 2024 App Development
So how much does it cost to create a sports betting app in 2025? Developing a gaming app is a complex task as it involves strong-backed and impressive UI/UX design that should be easy to navigate. And this is where looking for profit-driven sports betting app development services by industry leaders can be a worthy option!
Developing a sports betting app is a unique and fastest-growing trend that investors in the gaming sector are quickly adopting. In this digital world, people enjoy placing bets on sports like football, basketball, and other sports. From teen kids to old men everyone likes to place bets.
According to Statista, revenue in the online sports betting market is projected to reach $45.34 billion in 2024 and is expected to result in $65.14 billion by 2029.
Moreover, the online sports betting market is getting bigger and is expected to amount to 182.5 million users by 2029.
Many online sports betting apps like Fanduel, BetMGM, DraftKings, and more have recognized this growth and generating business revenues in millions of figures.
So if you are thinking of entering into this industry and launching your own sports betting app, then surely you are right track.
Are you ready to maximize your business potential with the help of sports betting app development services? Hire a top mobile app development company to tailor the app with custom features. Let’s connect now for further details!
When it comes to developing a sports betting app, the first crucial decision is determining the type of app you want to create. The variety of sports betting apps available to invest in. Before you start coding an app, it is worth evaluating different options and market demands.
Let’s understand various types of sports betting apps that align with your goals.
If you’re looking to attract tech-savvy users and offer enhanced security, consider developing a cryptocurrency sports betting app. The simple purpose of this type of betting app is to enable users to bet with all leading decentralized currencies such as Bitcoin, Ethereum, and other altcoins. It ensures bigger bonuses with quick withdrawal options.
The Straight Bet app is a perfect option for those businesses who are simply considering migrating the traditional betting system into the digital betting platform. Users can place simple wagers on the outcome of a game, making it a straightforward option for beginners and experienced bettors.
In the USA, point spread betting apps are one of the most common types of sports betting apps that allow users to bet on the margin of victory, leveling the playing field between two teams.
For all basketball and soccer fans, the Total Bets app might be the right choice. These apps let users bet on the combined total points scored by both teams, offering an alternative way to engage with the game.
A moneyline betting app is a classic choice for users who prefer simplicity. In this app, bettors only need to predict the winner of the game. The payout depends on whether they bet on the favorite or make it a straightforward yet exciting option.
If you want to offer a unique twist on traditional parlays, consider a teaser betting app. This type of app allows users to adjust the point spread in their favor, offering lower payouts but a higher chance of winning.
For a more specialized market, consider developing a head-to-head betting app. These apps focus on individual matchups between teams or players, where users can bet on which side will win. It’s a great option for sports like golf or tennis, where individual performance is key.
No matter what type of sports betting app you are trying to develop, it is always required to hire a software development company that can help you customize the app the with right features. But, before you make a huge investment into the sports betting application, let’s understand how it can benefit your business…
In the wake of changing work culture and remote working facilities, people have enough time to engage themselves in gaming, and what’s more interesting than sports betting?
For this major reason, a huge number of people are inclined toward sports betting and this industry has seen exponential growth in recent years. Moreover, the growth has been triggered because of technological advancements, legalization in various regions, and a rising interest in sports.
Apart, before you hire an Android app developer, it’s important to know how a sports betting app presents lucrative business opportunities in 2025…
Here’s why investing or planning to create a sports betting app:
The global sports betting market is expanding rapidly and the projections indicate that the global sports betting market will reach $223.66 billion by 2030 and is expected to grow at a CAGR of 10.17%.
This rapid expansion is driven by the legalization of sports betting in more countries and states, especially in the US, which has opened up new markets and opportunities and made it a prime time to invest in the industry.
Did you know that the average revenue per user is expected to amount to $135.40?
In global comparison, the most revenue will be generated in the US which is approximately $143,00 million in 2024.
There’s a projection that User penetration in the online sports betting market is highest in Canada at around 48%, therefore, the scope of revenue generation from sports betting apps is quite high.
The convenience of mobile apps has attracted a large number of user base, ranging from casual bettors to seasoned professionals. As more people are turning to smartphones for betting, developing a sports betting app can help you tap into a vast and growing audience. All you need is to hire mobile app developer to create an app that combines user-friendly interfaces and enhances engagement and retention.
By implementing such advanced sports betting features as live betting, virtual sports, and integration with real-time sports data, your app can stand out in a crowded market. Advanced features attract users who looking for a modern, immersive betting experience and giving a competitive edge.
On average, the cost to create a sports betting app can range between $15,000 to $35,000+, depending upon your business requirements. But to be true, there is no standard app development cost as there is no one-stand-alone app that fits all different requirements.
To know the exact value of app development, you need to understand exactly what goes into the app development cost. The cost of any application depends upon several factors such as the number of features, app complexity, betting model, and third-party integrations.
If considering all such factors and dividing the cost of app development according to app complexities, then:
But these are again rough estimations that have been outlined based on various studies. Thus, you should consult a dedicated sports betting mobile app development companies to get an accurate cost estimation. They will evaluate the app idea, understand your requirements, and help you set the right budget.
It might be challenging to create a sports betting app with all the functionalities you are expected to include in the app. However, the success of the app may lie in starting with the Minimum Viable Product (MVP) version, which can be developed with minimum features that meet the user’s needs.
Release the MVP app version that is budget-friendly, and later can be scaled up with the advanced features based on user feedback. But you can consider this list of features that you can prioritize initially.
Here are the top features you can consider including in the app:
These are the basic features that you can consider including in the app which may cost between $12,000 to $15,000+ but you can upgrade the app version later with the latest features.
No matter how fancy or basic a sports betting app you have developed, your ultimate goal is to make money from your mobile app. Sports betting apps offer multiple methods for generating revenue. Depending on your app type and business goals, you can incorporate any of the monetization strategies for your sports betting app to make a profit.
Sports betting apps typically earn money by charging a percentage of the wager placed by the users, known as the “Juice”. The app automatically collects a commission on winning bets or deducts a fee from the outcome of the bet.
Make sure that your app offers premium subscription plans with exclusive features, benefits, or content that users are attracted to and willing to pay for. The subscription plans can be offered on a monthly and yearly basis with access to advanced betting analytics, expert picks, ad-free experience, or premium customer support.
It would be a great way to make money by partnering with other mobile sportsbook software, apps, or affiliated networks to promote their production and services to app users. It allows you to earn commission or referral fees for driving traffic on their business product or services, registrations, or deposits.
Read More: 115+ Top Mobile App Ideas in 2025 For Startups, Entrepreneurs etc.
Hopefully, with this blog, you have an idea of how the betting industry is all set to take the world by storm. Now gone are those days of relying on bookmakers and gambling clubs to place a bet on a preferred sport or event. The advent of mobile apps has made the sports betting far more easier and accessible. The well-planned and developed apps are greatly simplified and increase the enjoyment of life for both investors and bettors allowing them to earn larger profits and make enormous winnings.
Therefore, it’s time to begin the sports betting mobile app development process and partner with a top mobile app development company like Xicom. We have a team of specialists at Xicom that commits to excellent and create a sports betting app and has extensive knowledge and experience. We comprehend the entire process from the development of the original concept to the delivery of the finished product and continuing to keep it up.
So if you have your app idea ready, just drop it off to our experts for in-depth discussion. For more details, you can drop a query below or contact us.
If you are ready to create a sports betting app and still have some queries regarding developing a sports betting app, then you can consider our FAQs section.
The average cost to create a sports betting app ranges from $20,000 to $25,000+ but the advanced app version can range between $30,000 to $50,000+, which ultimately depends upon various complexity, features, app development teams, and more.
Yes, we can help you customize the sports betting app as per your business requirements and business needs. All you have to do is book a 15-minute free consultation slot with experts to make them understand all the requirements and expectations. Our professionals will take care of them.
The development time for a custom sports betting app usually varies based on features, complexity, and customization requirements. A basic sports betting app may take a few months but the sophisticated app version can take up to 9 months.
Xicom is a leading mobile app development company that has 20 years of experience in customizing solutions, therefore has a team of professionals who will take care of all legal formalities to avoid any legal complications and ensure seamless user experience. In addition, the professional takes care of legal processes that vary in different countries.