What is the approximate cost to develop a fantasy sports app like Dream11?
Want to know the cost to develop fantasy sports betting app like dream 11? Get complete guide on how to build fantasy sports app like dream 11.
With the increasing usage of these smartphones and familiarity of enhanced technology mobile gaming had also been increased. Nowadays people love to play games of their smartphones. When it comes to the sports fantasy applications like Dream11 cricket is the first choice in games as every the fans of cricket are enormous.
However, if you are planning to develop an on-demand sports fantasy app like Dream11 you need to figure out certain things in your mind first.
1.) Scope of Project: You need to finalize that what will be the scope of the project, have to fix the target audience, etc.
2.) Competition: You need to analyze the targeted audience and the competition already aroused in the market. By doing this you will have the more better target of your target.
3.) App Customization: The features that you are adding your application matter a lot. Since there are lot of applications so you have to figure out what special is in your fantasy application.
4.) Monetization Options: These apps have great monetization option in the form of commissions, advertisements, premium subscriptions, etc. It will help to generate you great revenues but investing in it at once is a big deal for everyone.
5.) Offers & Referrals Model: You should provide great festive offers and referrals to your fantasy app so that you will get great marketing of your application automatically. It will be a win-win scenario for all.
Since, there are different-different app models available in the market. Some applications offers betting as well in the games and they are government approved. So, the application cost depends on several factors but you should finalize some details before going ahead with the development. However, the basic application with required features lies somewhere around $12,000 - $ 35,000.
Dream 11 is an Indian unicorn startup that offers a fantasy sports platform to play fantasy cricket, football, Kabaddi, etc. The freemium model of Dream 11 for cricket fans was launched in 2012 and registered the first 1 million users by 2014. Today the total user base of the dream 11 app is 90 million and will only grow further with more users joining such platforms.
With the increased user base the competition will also increase, so it’s no surprise if you are looking for the investment cost to develop a fantasy sports app like dream 11. It is important to understand that dream 11 was not developed within a single shot and has improved over the years.
Cost Deciding Factors for Dream 11 app Development
1. Features Selection
Once you start evaluating the features that a fantasy sports app or website should have you will come around with a list of features that can be implemented in-app like dream 11. But the main selection to make here is the feature selection that comes under the financial constraint you are in.
Basic Features Selection
· Quick and Easy Signup and Login Feature
· Choose sports as well as the particular game you would like to play
· Options to choose leagues as well as create your own league
· Manage profile and also show the status of expertise based on past winnings
· Add Funds through multiple payment options
· Withdraw winning amount to the designated bank account in quick succession
· Multiple Sports options and their individual points calculating systems
· Show the final list of players that are going to play the real game
· Live Match Score within the app
· Show players performance statistics while building the team
· Notify lineup announcements
· Features showing expert forecasting
2. Technology Used
The technology stack required in a fantasy sports app like dream 11 is based on the feature implementation, the target audience, and performance expectations. So based on the answers to the above questions you will be able to decide the technology to be used. The best backend technology to be used in the dream 11 app can be referred below.
The above-described factors are the most important ones in deciding the cost and apart from this, the location of development would also play a major role in cost derivation.
The cost to develop a fantasy sports website and app like dream 11 is $20K - $70K and might vary based on final requirement confirmation.
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Looking forward to developing a fantasy cricket app like Dream11?
Massive popularity in major sports like cricket, football, baseball, basketball leads to an increase in demand for Fantasy sports app development across the world!!
Understand key features, development cost, architecture, and required developers to create a fantasy sports app in detail,
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A fantasy sport is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport.
Dream11 is the first Fantasy gaming application in India. Dream11 is a fantasy sports app that lets you predict how a player will perform in a real match.
Dream11 provides a single-game, day-to-day fantasy sports platform for sports fans to maximize their knowledge and showcase their skills in a specific sport that offers winnings, points, cash prizes and bonuses in exchange. It enables users to form a team of real-life players for future matches and users can earn points on the basis of their on-the-field performance.
Factors affecting Cost of Fantasy Sports App Development
1. Competition and Target Market
Even though competition and target market are 2 different parameters they are majorly interlinked. The higher the competition the larger would be the target audience in most cases and vice versa. So larger the target audience the requirement for the advanced apps would arise which would result in a higher cost of development.
2. Deciding the offerings
There is a large number of sports that the fantasy apps offer the option to play in leagues. For example, cricket, football, kabaddi, etc. So deciding on the number of sports you are going to offer to play in your app would be one of the deciding factors in the cost of development.
3. In-App Features
Deciding on the exact features you would like in your app is a tedious task as directly replicating dream 11 can be costly and you need to develop some advanced features as well for the same. So depending on the complexity of the features to be implemented the cost will be directly proportional.
4. Identifying the monetization options
Fantasy sports apps can be monetized in multiple ways like Commission fees, an advertisement for businesses, premium subscriptions, etc. So the more monetization option will surely result in better revenue generation but the initial cost of development would be on the higher side.
5. Geographical location of the development
The country of development can make the cost appear to much as based on the economy of developed and developing countries. The per-hour development cost in developing countries like India is quite less compared to developed countries in Europe or America.
As said earlier, each company has its own costs. If you wish to know the exact cost to get the app/software for your business developed, it is suggested to reach out to the company you prefer for your app development.
Although there are several Dream11 Clone App development companies, HireFullStackDeveloperIndia an on-demand app development company affords a flexible dream11 like apps to customers who trusted them for prolonged years. Their developers preferred cutting edge tools to manage the web and mobile platform effectively
As a leading fantasy sports app development company, our team is well-versed in technology stacks and the latest trends in fantasy sports leagues irrespective of region and sports.
The cost to develop a fantasy sports app like Dream 11 is $18K - $35K.
Contact us and Get a free quote from us for your dream fantasy sports app.
If you are planning to invest your money in a dream11 like app development project, it’s cost may vary according to your requirements, the technology you use, choosing company and some other factors. But in a general aspect let’s take a look at how much does it cost to develop an app like dream11.
Designing and Wireframing: The design of the app is a very important factor in the success of the app. Everyone loves great design. It defines the look and feel of the app. To create a good design you need a talented UI UX designer who has experience in designing a mobile app. It may cost 40$-50$ per hour.
Back-end developer:Back-end developers help you to pull the strings so that your front end works smoothly. Back-end developers write codes for the immersive working of your app. It may cost around 80$-200$ per hour to hire a back-end developer.
Your requirements:As we discussed the cost may vary if you want to add more features to it. It may up to your decision to decide the essential features you should include within your budget.
Data EximIT is one of the best mobile app development company based in USA that helps to make a custom fantasy sports mobile app like Dream 11 as per your specific needs. They provide robust, customer-oriented, best-in-class solutions in the arena of Fantasy sports at cost-effective pricing.
Considering the selection for the above choices the cost to develop a fantasy sports app like Dream 11 is $15K - $40K.
In India, cricket is not just a sport, but in fact, it is a second religion. This statement has been mentioned millions of times, whenever someone has introduced cricket in India. Like IPL league, World Cup trophy, and other cricket leagues, the sports betting app Dream 11 have its own significance, owing to its marketing or with the proximal features similar to feel yourself on the pitch.
Important Things to Focus on Developing the Fantasy App:
Before diving into the fantasy cricket betting app development, you must keep some intricacies in mind, such as:
Define your own objective:
Every venture into mobile development services is not done with the same objective in mind. Similarly, the fantasy sport is a huge pool, where every investor is coming with its own viable goals. If you are an entrepreneur keen to venture into the fantasy sports arena, then you must keep the revenue model in place whereas if you are a sports brand, and investing for enlarging the brand frame then your objective is to engage your fans and leveraging your fantasy sports business. For sports media, user engagement is the prior motive while iGaming opts for promoting its products. By defining your goal prior, you get able to pick the right app development partner.
Research before initiating sports betting app development:
The research analysis is crucial first to know the speed of growth of particular sports in your country. Take a larger view, your app can be used worldwide, so think accordingly. The analytical factors give you a clear understanding of the growth prospects in a particular arena.
Planning before Investment:
Plan your investment, find out your market segment, start thinking about your niche, plan budget, teams, and list out the integral features along with deadlines.
Integrate the fantasy cricket mobile app with other sports:
Once you have decided to go with cricket betting app development with the help of any known mobile app development company, it is always good to list out the prominent league in your targeted demographics. The best thing about the fantasy sports app model is that it can be applied to every sport with its own tweaks game rules. This way, you can enlarge the scope of the fantasy app.
USP is as important as game development itself:
The fantasy sports app is now not a new launch. There are a number of variations available in the market; therefore you must go with defining your USP. Think of the factor, which sets your app apart from other apps. What are the ecstatic features your fantasy sports app consists of in comparison to other competitors? This way your cricket betting app development partner can integrate the unique features in your app and make you look unique and something grand. The race is to distinguish you from others.
Offer both platforms:
Never think of relying upon a single platform. Both mobile and Web platforms are equally important. Mobile has become the second requirement of every person after cloth. However, it is beneficial to spend heavily on the mobile interface as the number of mobile users is significantly higher than desktop users. A perfect combination of an elegantly designed mobile interface and optimum functionality gives a significant advantage to your business. Therefore, it is necessary to communicate with expert mobile development services.
Pre-format the game rules and format:
It absolutely depends on you to develop the game rule and format. Just define the rules and let the user know to avoid difficulties over the later stage.
The actual task is to make the app as interesting as the real sports along with the entire engagement with sports if you hire app developer with any app development company. The successful app Dream 11 offers a wide range of game format along with practice contest, free contest and seasons, where user participates and wins money. If you basketball enthusiasts, then the same fantasy sports model can be applied to any game you wish. Dream11 includes NBA, Football, and highly rising Pro Kabaddi which widens the scope to tempt users.
Features of Fantasy Sports App
Generally, the sports fantasy app consists of two panels mainly:
User panel and Admin Panel
A user panel contains the registration/login page, the home screen for easier navigation, information of contest running currently, payment area; create your own contest page, Joined contest, and dashboard along with one feature for the setting.
• Home screen:
This is the main screen, where the user lands after login. Here, a user can filter the search by match, sports, match category, match lifting, tournament name, and match timing.
Once the user selects the desired match or content, he is redirected to that page.
• Contest screen:
This section is available to let the user view the entire contest listing for a particular match with details. Contest listing includes the Contest type, entry fee, total winning amount, and team counts.
• Join contest and payment mode:
Use pays the respective fee here and joins the contest.
A user gets able to view and update the profile details. This also includes reward points, account details, winning amount, ranking, and Invite & earn options.
An admin panel consists of the admin login area, dashboard, user management area, Match management, earning, reward management, payment management, report management cash bonus management, and CMS page.
In order to make the Fantasy sports app more interesting and amazing, some additional features can be integrated into the app. With additional features, the app performance can be speeded up and enhanced whereas the admin work cuts down. A good cricket betting app development company offers complete customization for the clients, which makes the app more targeted, comfortable and manageable to handle. Here is the list of additional features.
• Live Match Score: This is the must-have feature for sports betting app development. Here the user can see the live scores, game highlights, expert reports, and original video programs.
• Live Score API Integration: These APIs are available to provide easy-to-use data for developers.
• CRM integration: CRM integration is there for service providers and helps in managing the tickets, emails, push notifications, and other relevant things.
• Customer mail reminder system: This is integrated to give the email reminder to the customer for upcoming matches and info related to the picked team or its players.
• Push notification: Push notification alerts the customer when the app is starting and when it is time to create the team.
• Real-time analytics: Real-time tracking data is constantly stored and updated to offer the current match info.
• GPS location tracking: Integrating the advanced technologies enhances the user experience and makes your app stand ahead of the crowd. Alongside, USP is the section that is needed to be stronger and robust. The stronger the USP is, the stronger would be your customer base. Below are some technologies, which can be integrated to make your first choice.
• Chabot API integration: The companies dealing in mobile app development solutions possess expertise in APU and Chabot development. These can be integrated into any sport.
Cost of Developing an App like Dream11
It is predicted that by 2019, 2.7 billion fantasy app users will play through their smartphones. The same fantasy port model like Dream 11 can be implemented to other games.
Sports betting app with basic user panel feature costs around $8000 for both iOS and Android, while an admin panel costs around $9000.If you are looking to hire mobile development services, the cost of development depends upon the number of hours dedicated to development.
Alongside, Geolocation of development also takes a toll on the development cost.
• The US-based developer costs between $100 to $250 per hour.
• Eastern Europe-based developers can be hired for $80 to $180 per hour.
• Where Asian developers are bit cheaper starting from $60 to as high as $180.
A fantasy sports application for both mobile platforms including the website costs around $20,000.
Dream 11, is a freemium fantasy cricket game, where cricket lovers can register and join the contest for free or sometimes with a pre-decided fee. The thrill of the game is always with the huge number of fans, and the cost at every single step avers them, so maintaining the fantasy thrill, it is not easy to earn money. The large and complicated nature of the app often disallows to correctly calculate how the app is earning revenue.
Daily there are millions of fantasy cricket teams play leagues, therefore the number of the given contest, winning amount, and a number of entries for each contest, it becomes easy to calculate the lump sum revenue of the app. (Daily 15-17 high valued contests are launched along with 20-30 low valued contest leaving 100s of the private contest and head to head contest, where the winning amount ranges between $450,000 and $75.)
The rough estimate gives the anticipated revenue of $6,00,000-$9,00,000 from each match. Dream 11 also offers the thrill of other sports enthusiasts like NBA and football to make their own team and experience the frenzy fantasy sport along with the unmatchable zeal of real sports. What is interesting for investors around the world is that the idea of fantasy sports betting app development can be applied to all sports with their own game variation and minor tweaks.