How Much Does It Cost to Build an App Like the Bet365 App?

Online sports betting and gambling have blown the minds of sports enthusiasts with the Bet365 App.

Whether it’s about betting on basketball, tennis, or football, a sports betting application has emerged as a savior for sports fans.

Bet365 App is a famous online sports betting platform with strong features, wide market coverage, and an easy-to-use application interface.

Replicating the Bet365 App’s success requires a good app development plan and knowledge of its complex architecture and functionalities.

Several factors will affect the cost of development.

So, if you’re wondering how much it costs to develop a Bet365 App-like application, this blog is for you. It will guide you through everything related to app development cost estimation.

Let’s begin.

What is a Bet365 App?

A sports betting app like Bet365 allows users to bet on various sports, including cricket, basketball, and football.

Generally, mobile apps have various benefits for businesses, making betting apps an ideal option to garner profits.

The app offers users ample options for sports markets, in-play betting, and live betting opportunities, making it a widely-known platform.

The sports betting software lets users access events, compare odds, and place bets on their favorite teams or athletes.

User-friendly features like registration, account management, and real-time updates attract sports enthusiasts to Bet365.

As a responsible gambling feature and following regulatory requirements, betting apps guarantee features that can help develop such an app.

Features of the Bet365 App

Here are some of the brilliant features of the Bet365 App aligning with the iOS and Android app development trends:

1. Registration and Login

When your users engage with your application, their first interaction will be its onboarding process, which includes registration and login.

Simplify the onboarding process to ensure users can access your application without any difficulties.

Also, on the login screen, give the “Forget Password” option so users can change passwords easily.

2. List of Sports and Players

After you log in, your betting app should list all the sports and players on which users can bet using your app.

Creating an extensive list of sports and players will attract more users to your application.

3. Live Scores

If you want your app to become successful – this is, without a doubt, a must-have feature.

You must provide real-time data to your users so that they can analyze the game and make bets depending on the same.

You can integrate this feature into your Bet365 app-like platform using API development.

4. Betting Guides

Only those users who are experts in online sports betting won’t require your app.

Include betting guides in your app to assist users unfamiliar with the process, helping them understand how to place bets and manage accounts.

5. Player Details

It is also a must-have feature for every app, such as the Bet365 app.

You must provide details of the team and players (like strengths, weaknesses, and history of winning or losing) playing a particular game in your app to help users make the best bets and win money.

6. Crowd Favorite

This feature informs users about a match’s likely winning team and top-scoring players.

A negative sign represents this feature. The app indicates the crowd favorite by adding a negative sign to the name of a particular player or team.

7. Selecting the Betting Model

Apps like Winzo, Hago, and more use different betting models. There are three types of models using which a user can bet, and these are:

Using the straight bet model, a user will be betting on a particular player or team to get the payout.

This model requires users to win multiple bets to get a payout. This is the most difficult type of model to win.

This model is similar to parlays. However, using this model, users get a few points on each bet they win.

8. Betting Type Selection

After users choose the betting model, sports betting apps like Sportsbet, Bet365 app, and more ask them to choose the betting type.

There are three types of bets – spread betting, money line, and totals. It completely depends on an app user using which type they want to make a bet.

9. Results Tab

It should display the results section after completing the game or particular event, where users can see the final results of their bets.

All information about the new poll created by an admin and the status due to bets should be provided in the section.

10. Instant Payments

Do you want to make your app extra sweet and user-friendly? Don’t forget to integrate a payment function into it, you can use Paypal, UPI payment app, and more regional options.

It will let your users add their card details directly in the app to make bets comfortably and without unnecessary hassle.

11. Push-Notifications

Users and app admins benefit significantly from this feature in betting apps. Furthermore, it may increase the app engagement rate by making users spend more time in your app.

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More Advanced Features to Add to Your Sports Betting App Like Bet365 App

Today, in business, companies must always find ways to distinguish themselves and drive customers.

Adding new, high-level features can help improve user experience, engage users more, and build long-term loyalty to your app. Here’s what to consider:

1. Personalized Betting Recommendations

Utilize AI and ML development capabilities to offer personalized bets depending on the user’s preferences, history of placing bets, and market trends.

Personalized recommendations increase user engagement and improve their chances of placing successful bets.

2. Gamification

Gamification features such as daily challenges, weekly challenges, leaderboards, and achievements can engage sports betting even more.

These features will create a competitive environment among the users to keep them returning to the platform.

3. Social Betting Communities

Foster a sense of community by enabling app users to create betting groups, chat with other users, and share betting tips.

This can drive user engagement and encourage word-of-mouth marketing, aligning with your social media marketing strategies if they talk about your app more on other platforms.

4. Live Streaming and In-Play Commentary

Add live sports streaming and real-time commentary to enhance user experience and engagement.

This will make it more convenient and seamless to view for the user, increasing their chances of having a wager on the game.

5. Voice-controlled Betting

Include the feature where the customers can bet with voice commands. Thus, it will be convenient and free from hands, which is very handy when accessed through mobile devices and will add to the user experience.

6. Augmented Reality (AR) Integration

Developers can use various types of augmented reality (AR) to create engaging betting experiences. Specifically, AR could overlay betting odds and statistics directly onto a live sports event broadcast.

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What are the Popular Betting Models for Betting Apps Like Bet365?

These are the most common models of betting, together with some examples of successful applications of these models.

1. Traditional Sportsbook Apps

These apps offer sports events for wagering with standard options available.

Examples:

Bet365: For example, Bet365 app offers a variety of sports options and market

William Hill: Has the latest UI/UX design trends with live betting options.

2. Daily Fantasy Sports Apps

The app enables users to create fantasy teams and compete with each other based on players' real-life performance.

Examples:

DraftKings: This application is popular for its user engagement and games.

FanDuel: Fantasy sports apps like FanDuel allow holding daily and weekly contests to garner a very large crowd.

3. Live Betting Apps

Live betting apps provide an opportunity to use such apps with actual event scenarios while the game is being played, thus creating engagement.

Examples:

888sport: It has in-play features with live streaming.

Betway: This app gives live betting opportunities on multiple sports.

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How Apps Like Bet365 App Earn Profit: Monetization Strategy Considerations

It has integrated several factors and strategies to counter the cost of development of the betting applications.

Let’s explore the option to monetize your app just like Bet365 App:

1. Varying Betting Choices

The Bet365 app provides diverse betting opportunities on sports, events, and casino games, reaching a wider audience.

It is just so diversified, attracting many sports lovers and ensuring that everyone can bet on their favorite games, cricket, basketball, football, etc.

2. Promotions and Bonuses

An application like Bet365 app usually provides unique discounts, offers, and free bets to attract new and existing customers. It increases the number of bets by users with higher stakes as well.

This will increase the profit of your application while involving more and more people in the application.

Therefore, incorporating such a strategy on your betting application or website will balance the costs incurred upon developing it.

3. Cross-Selling and Cross-Promotions

Bet365 app effectively cross-sells its products. Users who initially bet on sports might be exposed to casino games or other betting options.

So, the app uses cross-promotion and cross-selling strategies to enable users to place different bets within the application. It increases the chances of generating more profit from other platforms as well.

4. User Base and Customer Engagement

These platforms possess a large user base. It focuses on engaging and retaining its potential customers.

Here is an example of website traffic of Bet365 app:

They offer a user-friendly and intuitive mobile app, aligning with the UI design principles, and encouraging regular use to increase customer loyalty.

5. Data Sales and Sponsorships

Such apps can easily collect millions of bytes of data related to betting behavior and individual customer behavior.

They can monetize this data by selling it to third parties, such as teams, advertisers, and data analytics companies.

Bookmakers sponsor sports teams or events to gain publicity and attract more customers.

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Business Models to Consider for Your Bet365 App-like Betting Application

Let’s discuss some of the most successful business models for apps like Hago and Zupee (that let their users win money) and the Bet365 app:

1. Commission-Based Model

Such apps primarily generate revenue through the commission-based model, often called the ‘vig’ or ‘juice. Apps usually charge 5% to 10% commission on each bet.

2. In-Play Betting Model

In-play, or live, betting lets users play bets on events as they happen in real time. The model increases user interaction more frequently during the match, increasing betting activity.

Bet365 app excels in this element with an almost complete in-play betting offering for various sports.

3. Subscription Model

The subscription model gives users access to premium features or exclusive content in return for a recurring fee. This may be advanced analytics, expert betting tips, or even an ad-free experience.

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Steps of Developing an Application Like the Bet365 App

Despite the limitations of e-commerce, betting apps have been thriving in the market. So, if you are wondering how to develop such an app, here are unique development steps:

1. Ensuring Regulatory Compliance

Government bodies heavily regulate sports betting, and each region enforces its own laws. Start by obtaining the necessary licenses to operate the app legally.

This primarily involves complying with gambling, tax laws, and regulations in the jurisdictions where the application will operate.

2. Partnerships with Odds Providers

One of the key features of any betting app is real-time odds. This means partnering with reliable sports data and odds providers (e.g., Sportradar or BetGenius).

They supply up-to-the-minute odds, live scores, and statistics for multiple sports, enabling users to make decisions with informed choices.

3. Integrating a Real-Time Betting Engine

Unlike other apps, betting apps require a robust real-time betting engine, where users may place bets live (in-play betting).

The betting engine must process real-time odds and results without delays, ensuring fairness and accurate payouts.

4. Developing Risk Management Tools

You should use risk management algorithms to reduce loss for the operator and users.

This includes setting limits on betting, changing odds, and risk analysis to avoid financial risks resulting from huge payouts or market changes.

5. Execute Variety of Multiple Bets and Markets

To cater to user preferences, provide various bet types such as money lines, parlays, and over/under bets.

This is because some users have different preferences. It should cover as many sports and markets as possible: international and regional sports, with the options to place both pre-match and in-play bets.

6. Safe Payment System

A payment gateway integration is necessary to support many options, such as credit cards, e-wallets, bank transfers, and cryptocurrency.

On top of that, integrating KYC protocols will ensure users are verified, keeping the fraudsters away.

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Factors Affecting The Development Cost of an App Like Bet365 App

Here are some common factors affecting the cost of development below:

1. Market Research and Planning

The research and planning cover understanding the target market, user demographics, competitors, and user preferences.

The price of the betting app or software depends on the depth and complexity of the research.

2. UX/UI Design

Creating original UI/UX designer roadmaps and interactive app prototypes for the user interface is cost-effective.

Besides this, designing the app’s interface, including graphics, layouts, and all that a user interacts with, will save you huge costs while developing such an application.

3. Frontend Development

Now comes the actual process of developing a betting app. Decide on making a development choice between iOS or Android, or Cross-platform app development.

For ample coverage in the market, both are required but would cost you more.

4. Backend Development

Once you are through with the frontend development part, develop the backend of a Bet365 app-like application.

Here, Backend developers will configure your server architecture, and select the best from the list of databases, and APIs; you will ensure smooth communication between the app and the server.

You must choose the best programming languages for app development.

5. Real-time Data Integration

With this app, you can integrate real-time sports data, odds feeds, and other information required to improve performance.

By incorporating APIs, like gRPC Vs Rest API, into the live scores, odds, and other real-time sports data obtained from good, reliable providers, you are bound to generate profit with sports betting software.

6. Payment Integration

Implementation of secure payment gateways for deposit and withdrawal. This ensures you meet financial regulations and security standards.

So, the payment gateway integration you use for your app like the Bet365 app will greatly impact its cost, even more so, if you decide to create a payment gateway yourself.

7. Testing and Quality Assurance

Conduct extensive testing of your app to detect bugs, ensuring application stability and improving user experience. You can use AI in quality assurance to make the process more efficient.

8. Legal and Regulatory Compliance

Hire solicitors to ensure your betting application is up to the standards of gambling laws and regulations in the targeted regions.

It’s an added cost factor but will also be a safe play for making your sports betting software more dependable and trustworthy.

9. Launch and Marketing

Finally, launch your sports application on the desired app store by implementing effective digital marketing trends to attract potential users

The platform that you have chosen for the app will impact your budget.

10. Maintenance and Updates

Perform regular updates, bug fixes, security enhancements, and support for the app post-launch.

These add to the cost of mobile app maintenance.

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Development Cost of A Sports Betting App Like Bet365 Ap

A rough estimate of the app-making charges is between $30,000 and $100,000 or more.

The cost of developing an app like the Bet365 app or any other app whether gaming apps like the Candy Crush App or finance apps like the Stock-trading app, will always depend on the project’s complexity.

Here is a table displaying the cost breakdown of developing a Bet365 App-like application:

How Can Arramton Infotech Help You Create An App Like the Bet365 App And Optimize the Development Cost?

Arramton Infotech is an Android and iOS app development company specializing in custom mobile app development.

We ensure to design an engaging and user-friendly app to retain your app users long-term, using the best app development software platform.

This is how we can help optimize and reduce the cost of development:

MVP (Minimum Viable Product) Development

Minimum Viable Product (MVP) development can launch the core product to scale and enhance over time. It will reduce the initial cost and enable you to enter your app faster.

Modular Development

In modular development, you can add or remove features when needed. It provides flexibility and reduces the cost of re-work.

Final Thoughts

An app like the Bet365 app is expensive to develop. Developing a betting app involves multi-dimensional costs, including design, development, feature integration, and maintenance.

Developers handle real-time data processing, create user-friendly interfaces, implement secure payment systems, and comply with legal standards, all of which add to the cost of developing apps like Bet365.

However, businesses must view this expenditure as an investment in a potentially lucrative market.

Furthermore, you can connect with Arramton Infotech to create a feature-rich, visually appealing, and monetization-ready game.

Our iOS and Android app development company offers various services, such as on-demand app development, web development, software development, cloud services, and more.

Frequently Asked Questions

Q. Is bet365 app legal in India?

Ans: Although bet365 is not strictly prohibited in India, the country’s gambling laws are not well-defined. The Public Gaming Act of 1867 prohibits games of chance, but this law only applies to physical casinos. Online betting is not banned, and there are no regulations either.

Q. Does the bet365 app have an app?

Ans: Yes, Bet365 is a gaming app available among the most expensive apps on the App Store and Google Play Store.

Q. How can I open a bet365 app account?

Ans: To open a Bet365 account, please choose Log In, then Join Now, and fill in the form to register your details.

Q. What documents are needed for Bet365 App KYC?

Ans: The application may ask you to provide a copy of your photographic ID, such as your passport, ID card, driving license, or a document showing your residential address, such as a utility bill to confirm your identity.