Mobile App Development company

As evidenced in the epics from India and China, the concept of betting is probably as old as sports itself. Betting enjoys its relevance and prominence from the fact that people like to make money out of probabilities, and sports betting is one such territory where probability pays.

The introduction of online betting and mobile applications has resulted in a democratic shift of sports betting as an activity and business. Just like cab booking and online dating, even betting has gone through the paradigm shift of mobile applications.

The popularity of betting apps is proportional to its acceptance as a business and the openness of constitutions to accommodate betting.

William Hill – the ‘Uber’ of betting apps:

Just like how Uber created a synonymy with cab booking, William Hill has done that with sports betting apps. Although there are competitors like Bet365 and Paddy Power, William Hill stands tall among them and can be considered a de facto standard for creating a betting app that is immersive for the user and profitable for the creator.

With the advent of app development companies that can develop clones of sports betting Mobile apps like William Hill, the possibilities of you starting a business that relies on an app are quite bright.

Basic features of a sports betting app

Any app like William Hill has to feature these basic aspects to facilitate the requirements to place bets and win.

Sign in

This is the most basic section of the app which will present personalized content for the users. The users can register in the app by using social network or email account credentials.

Live scores

The bets that are placed and the probability of winning depend on the scores. A clone of William Hill needs to have a feature that will enable users to check the scores of the matches they are betting on.

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Owing to the advent of technology, people are drifting towards the path of digitization and digitalization. This has resulted in an incredible success in online gambling. Moreover, for several other reasons, plungers are more inclined towards online casino games rather than visiting a casino.

Now, let’s get straight to the point!

How to start an online gambling business and make it successful amidst the existing cut-throat competition in the industry?

Well, it is not that easy, but not impossible either! Here is a guide to put up a stunning online gambling business.

1. Gambling License

It is of first and foremost importance for any online casino business to obtain a license. A gambling license is nothing but the type of license issued to declare a casino gambling business to be legal. Any business should be legal in order to survive in the industry. It is the duty of the gambling control board to issue licenses. Besides, the rules and regulations of issuing a license differ according to the country.

2. Online gambling laws

It is not to be ignored that there are still many countries that are completely or partially against casino gambling. So, before starting an online casino business, it is important to stay updated about the various rules and regulations across the world.

Every country has its own betting laws. While putting up a business, it is very important to be informed about the rules and regulations being followed in those countries that you are dealing with. In addition, it is not only enough if you look at the policies and laws at the national level. This is because of the fact that there exists a difference of approaches not only among countries but also within each country. The United States is a classic example of this situation. Some of the states in the US have legalized gambling while others have not.

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Casino. What’s the first thing that comes to your mind when you hear this word? The velvet sheen of the poker table? The bright lights of the slot machines? The cacophony of eager patrons looking for their big break? Or maybe you’re a film enthusiast like me who thinks of the ‘95 Scorcese classic starring Robert De Niro and Joe Pesci.

In any case, the Casinos project an iconic image in the minds of many. They offer their customers a feeling that they can seldom experience elsewhere. The closest many of us come to “hitting the jackpot” in our lives is under the bright fluorescent lights of a buzzing casino. For a moment, we’re caught up in it all and believe. That despite all the odds, it could happen to us. That it could be our day.

This century-old phenomenon has now been reborn in a new avatar with the arrival of casino game software development.

What Is A Casino Game Software?

Casino game software is online software that emulates the games that you will find in an actual casino. Minus the glitz and glamour, all the other aspects of a casino can be emulated in a fun, intuitive manner. They are basically virtual casinos that enable users to wager and participate in casino games through the use of the internet.

From poker to Russian roulette, blackjack to the slot machine, every game can be recreated for the digital medium.

The Rise In Popularity Of Online Casino Games

Due to the increase in accessibility that came with the improvements made in the mobile technology sector and the improvement in the perception of online “gambling”, online casino game development has seen tremendous growth in recent years.

The global online gambling market is anticipated to be valued at more than 94 billion U.S. dollars, registering a CAGR of 8.88% in 2024. The current size of the market is almost 46 billion U.S. dollars, meaning the size is forecast to double in the upcoming years.

As you can see, the raw data speaks for itself. Casino game development is alive and well.

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Cricket is one of the most popular sports and it enjoys indomitable supremacy in the countries where it is played. This holds true in countries like India, where cricket is considered a religion more than a game. Cricketing superstars like Sachin Tendulkar, Mahendra Singh Dhoni, and Virat Kohli enjoy a cult-like status in their home country. This popularity has contributed to the rise of fantasy cricket applications, and they are only set to grow bigger and better in popularity and revenue. The rising demand for fantasy cricket app development is a resounding testimony to the above fact.

The Indian Premier League

The Indian Premier League can be considered the EPL of cricket. It is the biggest franchise tournament in the game and it brings players from all around the world to India to play for their respective franchises. As if the popularity of cricket in India wasn't enough, this series factors global superstars, making the reach and the craze soar to unprecedented heights.

The IPL is a perfect time for you to launch your own fantasy cricket app. This is an annual tournament and the 2020 edition of the game is set to happen during March and April. Therefore, creating your own cricket fantasy app is the right thing to do at this time.

Dream11 has already seen its success as a fantasy sports app. It has seen widespread adoption and engagement as well. However, it does not mean that there is no room for new players in the market.

The Factors Ensuring Success

The probability of success for a fantasy sports application is directly proportional to the fans and the levels of interest that they have towards the game. Taking that into consideration, there is a great possibility of success for any fantasy cricket application in India.

Dream11 has more than 60 million active users in India. The growth of fantasy sports app users was at a staggering 18 to 20%. It is expected to get better because of the increased mobile penetration, especially in countries like India. If we were to take into consideration the number of fans for each franchise in the IPL, it is quite evident that fantasy cricket has quite a lot of scope for growth. Dream11 has captured just 16 million of the 100 billion population in India. That is less than a thousandth of the total population. Even if we were to heavily discount the numbers to make room for possible fantasy cricket enthusiasts, there is still a long way to go for the market to be saturated. The fantasy sports market is all set to be a $33 billion market in 2025.

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