“Psychological Warfare said that every user is under FOMO (fear of missing out). Their FOMO influences them to invest money, spend their time, and put effort and energy into fantasy sports games.”
Did you know fantasy sports accounted for $18.6 Billion in 2019 and are expected to reach $48.6 Billion by 2027? However, the CAGR has been determined to grow by 13.9% between 2021 and 2027.
Online fantasy sports leagues and tournaments captured millions of users’ attention. The demand for these apps is rising exponentially, and still, the count is increasing. Whether basketball, cricket, golf, or hockey, these apps have covered vast scale virtual sports gaming industry.
This blog will demonstrate a complete guide on Fantasy Sports App Development. Read and understand the concept before you hand over the project for development.
Daily Fantasy Sports Market – Stats and Figures
In case you doubt the popularity of DFS games, nearly 60 Million people are involved in these only in the USA and Canada. You can easily estimate how much these apps are gaining popularity. The predicted reports by Technavio state that these applications will cross $9.34 Billion by the end of 2024.
The market of fantasy games is growing rapidly with great potential. So here are some exciting and considerable facts we are about to mention. These below-mentioned overviews will explain how the DFS apps rule the gaming industry.
- Approx. 48% of the fantasy game users are aged between 18-34. Almost 69% of gamers have made more than $40000.
- Fantasy sports will register for a 33% CAGR rise as revenue generation in India. The user count will reach 50 Million by the year 2027.
- Considering the future predictions, the industry will make $78.5 Billion by the end of 2030.
- Do you know 66% of males and 34% of female bettors play Daily Fantasy Sports (DFS) games?
- There were 12.6 Million Players in USA and Canada playing DFS games, and the count increased to an estimation of 62.5 Million DFS Users in 2022.
What Are Fantasy Sports Apps?
Fantasy sports apps are also known as DFS apps, in which the users will create their teams with real life athletes and manage them according to the gameplay. The players can track the performance of individuals to decide who is best suited for their gaming. The better players will perform, the more points will add to your account. Even so, the credited points are based on the individual player’s performance during the gameplay.
These apps work on a prediction basis, in which you estimate and bet for the expected outcomes. You need to involve the knowledge and skills to forecast the winnings. The virtual gaming apps are accessible for 24*7, which is the means to attract more & more customers.
Types of Fantasy Sports Apps
Now that you know “What is a Fantasy Sports App, it’s time to step ahead towards types of app categories.
These gaming applications found ways to engage more and more users. With the increased count of virtual sports players, the DFS app developers have evolved the entire online gaming experience with different apps categories like:
1. Daily Fantasy Apps (DFS)
DFS Apps allow users to create a new team daily or weekly. Although, the users can select their team members as per the tracks of everyone’s performance and progress. These applications provide a salary cap to draft the players. That’s how the users will compete with each other and participate in tournaments. In addition, the players will receive prizes and rewards based on their performance.
For Example:- DraftKings
2. Season-Long Fantasy Sports Apps
Season-Long Fantasy Sports Apps are based on a single sports season, where users are supposed to manage their teams throughout the specific sports season. The gamers initially create a team and make adjustments with players according to their performance and unavailability. Season-Long apps allow the players to compete against others in private or public sports leagues and tournaments.
For Example:- ESPN Fantasy Sports.
3. Multi-Sports Fantasy Apps
In the Multi-Sports Fantasy Apps, users will receive multiple sports, like football, basketball, baseball, hockey, and others. Sports lovers can participate in different sports leagues at the same time. Moreover, the app will provide a different format for every sport to compete against others, like, weekly tournaments and season-long, daily, and others. Check out Sleeper and CBS Sports Fantasy App to understand the concept of multiple sports fantasy apps.
4. Social Fantasy Sports Apps
In social fantasy sports apps, players are involved in exciting virtual games with a combination of social networking features. Users can invite their friends and family for gaming leagues on the applications through social media platforms. Such DFS apps offer private leagues and daily and weekly tournaments in different sports. The app is featured with a chatbox to converse with teammates, view leaderboards, and share updates about the team & games with each other.
For Example:- SquadQL.
5. Niche Fantasy Sports Apps
Niche fantasy sports are especially focused on less mainstream sports like cricket, sports, rugby, etc. The users can create teams and manage them to compete with others in private and public leagues.
6. Betting-Focused Fantasy Apps
In betting-focused fantasy apps, the users place wagers on different aspects of sports while engaging in fantasy sports. Moreover, the users can place bets on other players in the field according to their performance and teamwork. Such apps provide different formats for the users to compete against each other, and the sports play zone formats are season-long, daily, and weekly tournaments.
Example:– BetMGM and PointsBet.
What Are The Types Of Fantasy Sports?
There are numerous sports games available in fantasy sports apps. Pick anyone whichever you feel interested and exciting:
Cricket is the leading esports propelling the virtual gaming industry. Hereby, the users are supposed to create two teams to compete with each other, and the winner will receive additional points and prizes per the game format. The industry is in the limelight. Therefore, entrepreneurs are looking forward to fantasy cricket app development.
The best fantasy football app is focused on soccer fans only. The users will manage their teams in the football leagues like La Liga, Premier League, and UEFA Champion League. The players select their teammates based on their budget so that they can make transactions throughout the season. Football Fantasy Apps offers mini-leagues and high-level competitions as well.
It is a growing basketball fantasy app development featuring the putting, bouncing, and dropping the ball functions in the basket. The gameplay is between two teams competing with another team to drop balls in baskets, and the one who wins scores better.
The hockey fantasy app development features multiple functionalities, in which the users call other players to team up even though the game format itself analyzes whether you are required to play the game.
In this golf fantasy sports app development, the users will get a lawn on a rectangular screen to play and hit the ball to the desired location. The final goal in the game is to put the ball in the hole without taking many strokes.
MotorSports fantasy sports apps are also known as motor racing. It is the most popular fantasy sport, where the users compete with other users for their wins.
How Does Fantasy Sports Apps Work?
Newbies need clarification about how they can play on such apps. Read to know how the mechanism of Fantasy Sports Apps works:
- When the OTP verification is done, the players are supposed to select their favorite sport. These apps are equipped with numerous ongoing and upcoming matches.
- Once the sport is selected, the players will create their team by observing every player’s performance.
- After the team selection process, the users will decide their captain and vice-captain to lead them during the match.
- The users are allowed to create multiple teams as per players’ performance and their game discipline. The virtual players can select whichever team they want as per their choice.
- During gaming, the app will credit points to your account, converting them into rewards according to the team and individual performance in a live game.
- Till the end of the game, the users can modify the team players according to the gameplay and performance. The app allows the users to track other players’ performance for team modification.
- The application bots will reward the team with extra points when the game ends. The reward will further divide the team players according to their performance.
How To Make Money From Fantasy Sports App Development?
Fantasy sports apps are becoming popular daily among sports enthusiasts, who create and manage teams to play against other teams. The real-life players are driving crazy for such virtual sports. Therefore, it’s majorly required to monetize DFS apps, and it is challenging to monetize and meantime keep the users engaged with the apps. Here we are listing a few strategies to monetize fantasy sports apps.
1. Subscription Policy
You can fix a specific amount for the users as subscription fees to use your app. The subscription fees can be annual, one-time-payment, or recurring every month.
2. Fees for Participation
Multiple fantasy sports apps organize contests, sports leagues, and tournaments, like 11 Wickets, Fun2Play, MPL Fantasy Cricket, Dream11, and many more. They charge for participation fees, and that’s how they do monetization.
Fantasy sports apps are growing rapidly in the virtual sports industry. Therefore, big brands fund DFS apps for their business and expansion. Consider the example to understand the concept; Dream11 has partnered and gained profits with the sponsorship from IPL 2020.
Advertisements are the best way to monetize your fantasy sports apps. Run ads on your app, which lets you earn through the number of views and clicks. If your app is fetching good attention, then partner with other brands to promote their business on your app. Being a good advertising model for other brands, you could also profit from your application.
5. Premium Features
You can ask the fantasy sports app development company to add unique and premium features through which you could generate more revenue, like allowing the users to create more teams at a time but charging a few bucks for the rich feature. Purchasing the premium features is profitable for your app.
6. Paid Contest
Run paid contests in your app, but charge specific amounts from users as entry fees. You could manage the prize money from the total entry fees amount collected, and it is an engaging yet profitable way to monetize your app.
7. Brand Partnering
For vast-scale promotions, have you thought about partnering with other higher-pace brands? When you partner with other brands, there will be special promotions for your app and the partnered brand. On every sale, the partnered brand will pay you a commission.
Benefits of Fantasy Sports App Development
The above information is sufficient to prove that fantasy sports apps are influencing the gaming world on a vast scale. Let’s have a direct glance over some of the benefits that DFS apps deliver to their target audience-
- Awareness For The Brand Name
Undeniably, it is a significant responsibility to maintain the credibility of your brand to boost its level in the online gaming world. With the help of fantasy sports app software, you can establish a reputation in the fantasy sports industry.
- Grasp Monetization Opportunities
Generating high revenue and working on profitability is the end motto of any business, and a solid customer base is the key to achieving the end goal. The popularity of fantasy sports apps clearly states how much people engage with such apps, and that’s how fantasy sports app development enables entrepreneurs to create many monetization opportunities.
- Expansion Of User Base
There are uncountable game enthusiasts, and the development of fantasy sports apps allows those enthusiasts to find a space to play and compete with other game lovers. You can expand your brand’s user base through a reliable fantasy sports app.
- No Limitation to Business Growth
Fantasy sports apps have the approach globally, yet exceptionals exist in everything. It has the potential to capture users’ attention worldwide. It allows you to expand your business and make feasible profits with tremendous growth.
Features of Fantasy Sports App
Features are wholly and solely responsible for the success of fantasy sports apps. Here are some features listed below, which you must add carefully during the fantasy sports app development-
Must-Have Features For Users
- Users Registration- User registration is the common feature in all applications, where they will create profiles/accounts. Remember to ask for the critical, required information from gamers like, personal number, email, username, nicknames, etc.
- Landing Page- Users will land on the landing page when the registration is completed. They will come across a number of sports, from which one needs to select for further gameplay.
- Contest Details- The game players will encounter sports contests in the sports fantasy app. They will receive information about the competition, like, entry fees, winning prizes, terms & conditions, winning range, contest size, etc.
- Contest Joining- Once you finish the contest details, the gamers are supposed to join the contest. The game player has to pay specific entry fees to participate.
- Profile Setting- Through the profile setting feature, the users will get an identification for their account. The gamers will customize their profile by adding photos, giving unique names, and others. Apart from updating their account, users can check their current points, rewards, transaction history, referrals, bonuses, account details, and others.
- Search For A Friend’s Account- If you are interested in playing against a specific user or want to team up with him, this feature helps to find a user’s account through their username or ID number. Use the search option and find a particular user to boost your gaming fun.
Must-Have Features For Admin
- Dashboard- The dashboard is the space that the admin manages. He is responsible for managing the statistical data like the number of matches played, total earned amount, number of players, etc.
- User Account Manager- This feature facilitates the users to manage all the activities of the user’s account, such as editing, initiating, deleting, and deactivating the account.
- Contest Management- This feature facilitates the admin to manage the number of ongoing contests. The admin can coordinate and do activities in the contests, like contest categories management, editions, additions, deactivations, deletions, etc., in the contests if required.
- Earnings View- Every gamer is into fantasy sports not only for fun but to earn rewards as well. The admin will have access to all the earnings and rewards to manage and coordinate with the user’s accounts.
- Management Reports- In the management resort system, the admin can access all kinds of reports like earning reports, rewards reports, players’ performance reports, etc. This is how apps motivate the players and keep them engaged as well.
|Referrals and Bonuses||When the users will enter in the gameplay, they will receive bonus points for registration in the app. Moreover, players will get extra referral points, if their reference is registered in the app.|
|Multiple Payment Gateways||There are multiple payment gateways integrated in today’s fantasy sports apps like UPIs, Debit/Credit cards, direct banking transactions, wallets and others. Users are allowed to use any payment gateway as per their convenience.|
|Cryptocurrency Support||DFS Apps enables the players to pay and earn cryptocurrencies during their gameplay. You can integrate the cryptocurrency trading apps with the application to take the benefits.|
|Push Notification||These apps drop push notifications to the user’s account to update them for new comings and features in the app for better gaming experience.|
|Real-Time analytics||The players can track their competitors, team players and own performance through the real-time analytics, which is helpful for upcoming games, team selections and winnings as well.|
|Social Media Sharing||In addition, the players can integrate their accounts with their personal social media accounts. Users can showcase their game performance on their social media handlings.|
|Third-Party API integration||You can take advantages from the thirst party API integration. Add third party platform leverages like different payment gateways, social media platforms integration and others for better functionalities.|
|Score Dashboard||You can check other player’s dashboard to know their scores, who’s ranking at first and how they are performing in the matches.|
|In-app Chat||It’s a great feature that enables the players to communicate with his team members and competitors during the gameplay. You can even guide your team player for the upcoming moves and strategies for the possible winning.|
How To Build a Fantasy Sports App?
Have you decided to invest in fantasy sports app development? Well, that’s great, yet there is a step-by-step process you need to know. The process of building a fantasy sports app is as follows:
1. Research and Plan the Targeted Audience
Before you start developing or handover the app to a mobile app development company, ensure you have undergone deep research. It is essential to understand what exists in the market, how the competitors have reserved their space in the industry, and the target audience. Survey the user’s behavior, demands, expectations, and perceptions and gain insights into your app’s development vision.
2. Strategies for Monetization
When you have finalized the development of an app, it is foremost to plan for its monetization. We have mentioned the strategies to monetize your app, like advertisements, brand partnering, participation and entry fees, in-app purchases, etc. You must understand which strategy to use to monetize your sports fantasy app.
3. Selection Of Platforms To Launch Your App
Unarguably, multiple competitors have already established their brands in the market. The more you ease the gamers, the more they get involved in your app. Discuss your budget, monetization plan, and vision with the mobile app developers to advise you on the suitable platform to launch your application. Afterward, you will have to choose between iOS and Android. It would help if you focused on cross-platform fantasy sports game development to reach every device. Your vision and experts’ suggestions will end with a better solution to launch your application.
4. Hire the Best Fantasy Sports App Development Company
Once you get clarified with the idea, research, planning, monetization strategies, and platform to launch the fantasy sports app, the step is toward development. Knowledge about techs and already experience & skills are two different things. So hire the best mobile app development company. Consider your requirements and budget, review the excellent mobile app development companies, and analyze for the right one.
5. Design Seamless UI To Engage Users
The gamers will sustain on your app if it gives them a realistic feel and real-life gaming experience. “The basic rule for app development is – The simpler it is, the better it engages.” Therefore, keep the UX and UI seamless so users stay engaged with your application. Build a well-organized and simplistic app with unique features, which will keep the app engaging among the competition.
6. Development & Deployment
Develop the app in a way that serves its fundamental purpose with a realistic experience. Use the appropriate databases, APIs, frameworks, and suitable languages to develop fantasy sports apps. Moreover, remember to create seamless UX and UI for smooth usage. Once the app development is completed, test it with Q/As. Testing the app ensures that it is free of bugs, loopholes, or faults. App testing is necessary to analyze whether the app is running smoothly or not. If the app developer and client are satisfied with the app developed, the next step is deployment to the respective platforms (Android or iOS).
7. Support & Maintenance
More than deployment of the app is required because there is much to do after deployment. That is why contact the fantasy sports app development company that gives you post-deployment services and support and maintenance. The post-deployment service is significant because the sports fantasy app requires new changes, upgrades, and removing unnecessary bugs after the app launch.
Latest Trends to Build Better Fantasy Sports Apps
1. Personalization with AI
Artificial Intelligence (AI) can take fantasy sports apps to the next level. Therefore, adding AI features and functions to your app is an upgrade every developer and entrepreneur follows to match the competitive virtual gaming industry. A few features to add are – sending personalized notifications, arrangements for individual personal contests, and other things based on user’s data and interests. Through AI, you can conclude the app with CRM analytics to understand the user’s interests and expectations for growth.
2. AR/VR for Real-Life Environment
Use Augmented Reality and Virtual Reality (AR and VR) with advanced possibilities for seamless and real-life gaming experience. There are a number of advanced fantasy sports app development services which use 3D projections and smart glasses for better user experiences, even though the entrepreneurs can add 3D demo videos for sports to evolve the gaming industry.
3. Blockchain For Secured Payment Modes
The platform involves monetary values, so you must be careful and provide secured payment systems to the users. Blockchain has a decentralized technology network, which enables it to keep transactions and information secured. Integrate blockchain technology in your virtual sports app, which securely secures transactions and information with fast processing speed.
4. Integration with Social Media
Social media platforms are the most reliable and most used platforms for building better customer relationships. You could market globally and fetch vast customer attention for your application. That is why it is better if you will integrate social media platforms into your app. It is helpful for a vast approach and a very cost-efficient method to market your fantasy sports app. Improve the user’s engagement by allowing them to share their gaming experience on social media platforms.
5. Users Friendly App Design
Fantasy sports gamers will attract and engage with your app more actively if it gives them real-life experiences. Therefore, ensure your app offers a seamless gaming experience with interesting UX and UI. A user-friendly app will attract vast numbers of users and will be the key to your app’s success.
6. Internet of Things (IoT)
The involvement of IoT in fantasy sports apps allows the player’s tracks and performance to be fetched by the clouds. This is how your data will accumulate in one at one place and showcase your overall performance on the screens to improve the gameplay.
Gamification allows the use of different gaming mechanisms like leaderboards, ranking showcasing, different levels to include, badges, contests and many more. User’s engagement will improvise throughout gamification proceedings.
The chatbots in the gaming apps are activated 24*7 hours. So, you can resolve your doubts and queries via chatbots and streamline your gaming experience with much clarity.
Is Fantasy Sports Apps Legal?
Fantasy Sports & Gaming Association (FSGA) stated that, in the US, fantasy sports app games are legal in 21 states. On the contrary, attorneys are raising issues regarding the legality of such apps in 29 states, and 4 states have entirely banned these games in the US.
It’s been stated that, gambling is entirely based on luck, whereas fantasy sports apps involve skills and knowledge of users. So fantasy games are not classified under gambling. Federal laws have passed that the games which involve the skills of players are legal.
Tech Stacks for Building a Fantasy Sports App
|Back-End Programming Languages||Java, PHP, Ruby|
|Frameworks||AngularJS, BootStrap, Vue.JS, jQuery, Yii2|
|Database Management||MongoDB, PostgreSQL, MySQL, HBase, MailChimp Integrations, Cassandra|
|Web Servers||Apache, Linux|
|Cloud Servers||Amazon Web Services, Google Cloud Azure|
|Native Mobile App Development||Kotlin (Android), Swift (iOS)|
|Cross-Platform App Development||ReactJS, React Native, Flutter|
|Payment Integrations||PayUMoney, Stripe, PayPal, Braintree|
|Push Notifications||Twilio, Apple Push Notifications|
Factors Affect The Cost Of Building A Fantasy Sports App
We agree that the first thing that comes to your mind is the cost of app development. The average cost to build a DFS app starts from $5000, and rest, the cost fluctuates according to your needs and requirements.
Also, there are a few factors that affect the cost of building sports fantasy apps, which are:
1. Platform to Launch App
Before your app begins development, ensure you have decided where to launch the app. Decide which platform (Android or iOS) you want to use to deploy your sports fantasy app. Both the platforms cost different, so finalize the one platform according to your budget and requirements.
2. Finalize the Tech Stack
Multiple technologies, like; AR/VR, Metaverse, IoT, AI, and many more, could be used for app development. Every technology affects the total cost of fantasy sports app development. That is why you decide which technology you want to use for your app development to determine the exact cost for your project.
3. Types of Sports Apps
Another major factor affecting the app development cost is the sport type. Different types of sports are available, and every DFS app has its specific cost. So decide on which sports you want to invest in. The most demanding and costlier apps are fantasy football app development and fantasy cricket app development.
4. App Features
Features are the most influential aspect which affects the cost of mobile app development. The more unique and advanced features & functionalities you will have in your app, the more clients need to pay.
5. 3rd Party API integration
If you want to integrate your app with third party platforms, that is going to impact the prices. The cost of development depends upon the numbers of 3rd parties integration and the worth of every platform as well.
6. UI/UX Development
The more complex designs you will demand in the app, the more you have to pay. So the UI/UX designs of the application is an important factor to add for the total cost of mobile app development.
7. Location of Developers
The cost varies upon the location of app developers as well. For example- US works on either hourly basis or project basis. Moreover, the cost here fluctuates in comparison to other locations like Asia and many more. So evaluate well and check which is better at their quality under the best cost with their locations specifically.
8. App Maintenance
The maintenance of left-out loopholes, lacks, bugs and improvements are necessary to make after the launch, which affects the cost of the project. The support and maintenance after deployment will add some bucks in entire cost, but are important for its success.
Challenges in Developing Fantasy Sports App
In every technology and development phase, there are some challenges involved. Some common challenges are:
1. Security of Information
When someone is using the application, they are foremost concerned about the security checks. You can follow up with periodic app vulnerability tests to keep the investor and user away from all the fraudulent activities.
2. Seamless UI Structure
Nobody can be sure about their losses and winnings during the gameplay, so be prepared for both. That is why, keep an eye on the application’s user interface, and ensure to choose the one with high scale UI. It is better if you will add default settings and automatic form filling to engage more & more users on the app.
3. Choosing The Right App Developers
There are many applications that fail in the market due to the lack of expert assistance. That is why, make sure you will choose the right app development company to develop the application with latest trends and techs.
4. Ensures Time & Cost
If your ideas and visions are not clear for the application, then you might lose lots of time and cost. Therefore, Choose the best mobile app development company to receive expert assistance with quality-ensured app development in less time and the right cost.
5. Frequency Emergence in Techs
The tech-savvy world is constantly evolving and upgrading itself towards advancements. Keep updating your app with the latest trends and technologies to stay in touch with the latest techs.
Why Choose EmizenTech To Develop Fantasy Sports App?
Have you prepared your mind to build a fantasy sports app? To execute your ideas and plans and create a robust app, here you have a skilled and experienced team of fantasy sports app developers to assist you with the best solutions.
Read the reasons why we are the best fantasy sports app development company for your needs and requirements-
|Seamless UX and UI||The expert mobile app developers are skilled and experienced in building an app with seamless UX and UI to create it user-friendly.|
|Latest Tech Stack||Our team of developers uses the advanced and latest tech stack to build a super-competitive and more straightforward fantasy sports app.|
|Quality and Timeline Ensured||We work on quality parameters, which deliver agile sports fantasy apps on time.|
|Security Ensured||We consider advanced security measures to provide hi-tech security in the app for clients as well as users.|
The growth in online gaming apps has brought multiple leverages and opportunities to businesses. Therefore, entrepreneurs are opting for fantasy sports app development to boost the credibility of their business with a high rise in user engagement.
Entrepreneurs can opt for a pool of benefits from such esports gaming apps. If any business owner wants to evolve their business around these apps, ensure you know its development plans, cost, features, and other aspects.
Hope the above guide helped you to know sufficient about sports fantasy apps. Hire the best mobile app development company and build robust apps like Dream11, CBS Sports Fantasy, DraftKings. So don’t wait and contact our experts for your business success.
Frequently Asked Questions FAQs
You could use several frameworks for fantasy sports app development, like React Native, Xamarin, PhoneGap, Titanium, etc.
Undeniably, there are a number of fantasy sports app development companies you can find. Still, converse with skilled companies and communicate with skilled mobile app developers to understand whether they are best suited to your requirement.
The cost of fantasy sports app development is flexible because several factors impact the total cost. We have mentioned those factors above, considered them, and conversed with the app developers to find the exact cost of app development.
Choose EmizenTech for Fantasy Sports App Development because here we have skilled developers, amazing tech stacks, quality ensures, on-time delivery, and all the aspects to build a fast processing and robust app structure.
The highly experienced developers can develop fantasy sports apps for any sport like cricket, rugby, football, basketball, golf, baseball, etc.