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The popularity of the Indian premier league (IPL) has grown to immense heights and the auction for IPL 2024 ended with the highest bidding of 24.75 crore(INR). With the great success of IPL men’s and the Women’s Premier League (WPL) events which began last year, There is a strong demand for IPL betting applications development for online IPL betting in 2024. At a reasonable IPL betting app development cost, you can have your own app. It will enable your users to access up-to-date information about matches, teams, and players and provide a safe IPL betting app.
An IPL cricket betting app is a lucrative business idea for entrepreneurs. Still confused about the cost of developing an app for IPL betting? Read on to know about all features related to IPL cricket betting app development along with cost and also reasons to invest in IPL betting app, discussed in this blog.
What exactly is an IPL cricket betting app?
Before knowing about the IPL cricket betting app, let’s understand what a sports betting app. Sports Betting apps are mobile software that allow users to wager on a range of sports, events, and minigames. Users can wager on a variety of sports, such as football, baseball, basketball, tennis, golf, and more.
Similar to these sports betting apps, you can have your own IPL cricket betting app which will be specially made and customized for only IPL matches and IPL fans. At this IPL betting app apk, IPL fans place bets and earn a lot of money by playing fantasy IPL (Indian Premier League). Additionally, users can keep track of their wagers, see their bankrolls, and get alerts for wagers that might pay off. Users can manage their betting activities at IPL cricket betting applications with immersive experience.
Why Invest In IPL Betting App Development?
With the rise of mobile technology, IPL betting has become even more accessible and convenient through mobile apps. As per a report, 77% of the users loved playing Cricket, and this is more than the users engaged in other games. When you look at the figures then IPL is one of the most popular sporting events in the country and attracts millions of viewers every year. This user base consists of every sort of user like working professionals, youngsters, middle-aged persons, independent people, etc.
Huge Popularity of IPL
It is estimated that an IPL league match attracts TV unique viewership of over 400 million on an average. Yes, that’s just the average count! Even cricket’s most awaited event, the cricket world cup 2023 held last year cannot match the sense of excitement IPL instills in cricket fans. Such is the sheer adulation people have towards IPL, and a betting app with just the right features can capitalize this wildness.
Low Risk with High Results
It is widely thought that IPL betting is safer for beginners than any other leagues or games, with little to no risk in terms of money involved. That is the primary reason fantasy leagues are so popular among cricket fans, and these companies make tremendous profits during the IPL. In other words, the IPL is the best league to develop a betting app business.
High-revenue Potential
You will earn a lot of money if your IPL cricket betting software accepts all forms of bets and has user-friendly features. You can also provide fixed-odds betting to give users a good experience. As the IPL season 2024 gets closer, your software’s performance is likely to grow.
Competitive Advantage
With the growing popularity of IPL cricket betting, having an attractive and user-friendly IPL betting app can give you a competitive advantage over other competitors in the market.
Low Capital Investment to Entry
Compared to other industries, developing IPL betting apps offers lower entry difficulties. It involves minimal capital investment and you can have your app at IPL betting app development cost. it also results in a shorter time to market and more revenue generation.
Features Of IPL Cricket Betting App Development
Vigorous IT Solutions focus on Well-designed IPL cricket betting app development with robust features and security measures. Your app can attract a large user base and generate substantial revenue through in-app purchases and commissions. You can add all the basic features along with advanced features given below:
User registration and login
This feature allows users to easily log into the IPL cricket betting app with their social media accounts such as Facebook or Instagram or phone numbers.
Match Selection
After choosing a match, users can begin betting on their preferred IPL cricket match type. With a range of betting features on the app, you can enhance the experience of users.
Multiple Payment Gateways
If there are any hanging issues with the payment system, users will be dissatisfied. With multiple trusted payment gateways, you can make it easy for your users to deposit and withdraw money without hassle.
Betting Instructions
Users will be guided on how to place wagers in the match to reduce their chances of losing, which is a useful feature. This lesson is useful for first-time users who are unfamiliar with how betting apps work or how to place wagers in a IPL game.
Live Streaming
The live streaming option now allows users to watch live IPL matches and place bets on the result of the match. You can include this feature in your app. Vigorous IT Solutions as the best Fantasy IPL Cricket App Development company provides this feature as in-app subscription plans.
IPL Matches Schedules
Another wonderful feature is the ability for users to view all upcoming matches, from the date to the hour of the game. Your application will also offer users with information about the game’s venue, such as the address and name of the stadium.
Live Chatting
Users must be able to communicate with other players using the app’s real-time chat or interaction features. This feature provides a socially appealing gaming environment. It also allows for more diverse interactions and helps you keep your audience engaged with your platform.
Leaderboard
The winner has been decided, but how will your users find out? How else will you reward them? In the leaderboard section, your players may see who has the highest winning percentage and who is in that place. This makes it simple to reward those who have the most points at the table.
Multiple Languages Support
This feature is important to grow your app in all parts of India and abroad. While IPL cricket betting app development, you must add multiple languages support features. It would make it much easier for users to use it in their preferred native language. To provide users with a native experience, the complete software will be translated into a different language.
Admin Panel
The app should have an admin panel to manage users, bets, transactions, rewards and other app-related activities.
Robust Security Features
Your IPL betting app should be designed with strong security features to protect user data and prevent unauthorized access through payment gateways.
24×7 Customer Support
Customer support services should be available throughout all times. It will ensure that all user issues are resolved as quickly as possible.
IPL Betting Application Development Cost
When it comes to the development of an IPL betting app. Then, the budget is the most important of all. An IPL betting application development cost may vary depending on a number of factors, including its features, level of complexity, and platform (iOS, Android, or both).
Development Platform & Tech Stacks Cost
There are several platforms on which to develop the best possible IPL betting app. The two most popular operating systems among all smartphone users are Android and iOS. The IPL software development cost is influenced by both the development platform and the development technologies. When you look for technologies stack to develop your IPL cricket betting app, then C++, Java, JavaScript, HTML5, C#, and Python are among the best tech stacks.
Database Cost
We define a database as a collection of information used to develop an online IPL betting application. As you develop the most outstanding IPL betting app. You will include a huge amount of information in the IPL game app, such as match schedules, player information, payment information, and so on. For all this necessary information to get added, online betting app development costs rise.
Features Cost
All of the features we discussed already are the most fundamental and necessary. In addition to these features, if you want to include some complex features in your app. The IPL software development cost would undoubtedly rise. In short, the more features you add, the more budget you will have to follow.
On average, the estimated cost of developing an app for IPL betting can go from $40,000 to $50,000 for a single platform app with basic features. However, if you want to develop a cross-platform IPL cricket betting app. The IPL betting app development cost can range around $100,000.
Final Words
Now you have understood all the information discussed in this blog which talks about the essential features and IPL Betting App Development cost. All the impactful reasons are given above to invest in IPL cricket betting app development. If you are thinking about an IPL betting app of your own and getting goosebumps then go for the best sports betting app development company. Above all, Vigorous IT Solutions is your most trusted cricket betting api provider and you can also be stress free for the IPL software development cost. The IPL auction finished with great success and It is the best time to develop IPL cricket betting software before IPL 2024.
I am John, Digital Marketer at Vigorous IT Solutions, a leading name in the gaming app development industry. Our company is dedicated to transforming visionary ideas into immersive gaming experiences. With a portfolio boasting over 450 successfully delivered projects across more than 5 countries, we have established ourselves as a trusted partner in the gaming world.
