Cost To Develop a Fantasy Sports App Like Fanduel

It can be challenging to create a realtime fantasy sports mobile app. Every day, millions of people utilize popular fantasy sports sites and apps like FanDuel and Draftkings, which are

Changing The Sports Industry

You’ll need to invest in a high-quality backend and servers to ensure that your app can handle a large quantity of traffic. Furthermore, these platforms necessitate a slick and attractive user experience that is both exciting and simple to use.

On average, the cost to develop a sports betting app like Fanduel will range from $20,000 – $80,000 based on all factors discussed above.

If you want to construct a sports app with simple features and for a single platform, the projected cost to create a sports app like Fanduel can start from $10,000. However, if you want to make an app with extensive features and for more than one platform, then the prices can go up to $50,000 and more.

The fantasy sports app trend is sweeping the globe, and now is the greatest moment to get into the game by making your own Fantasy app. However, if you are still in a dilemma with how to make money with your sports betting app, here’s what you need to know

Related Article: How Much Does It Cost To Build A Fantasy Sports App

How Do Sports Fantasy Apps Generate Revenue?

Different monetization techniques are used by fantasy sports apps for making money on Fanduel. If you are thinking about how to make money on fanduel then you should know that an app can use a combination of one or two of them, or it can use all of them at the same time. With that in mind, let’s look at how to make money on fanduel.

1. Fees for participation

One of the main ways most fantasy sports apps make money is by taking a tiny cut of the buy-in cost. You can set a percentage of the total cash you’ll deduct on each buy-in.

2. Advertisement

As your platform grows in popularity, making money on Fanduel mobile app is easy as you’ll be able to sell advertising space on it to brands and businesses. Sports-related brands and leagues are always on the search for platforms that have a high level of fan involvement.

3. User engagement models

Both fantasy sports apps like FanDuel and Draftkings allow users to participate in daily or weekly contests. This results in higher user engagement and revenue.

Sports betting apps are the new generation apps legally allowing users to place bets on the games of their choice.

Sports betting apps with great monetization strategies and bring extensive results, however, make sure you have a reliable sports development partner by your side.