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Test of luck and skill

As we have noticed from the last few decades, sports betting apps are in high demand in this competitive market. Gamblers are highly active when they know that sports betting apps are legal and they can gamble as how much as they want. Thousands and millions of sports fans have eagerly waited to try their skills and bet on their favorite players and teams. 

According to a study, the sports betting apps market was valued at around $45.43 billion in 2024. It is projected to grow around $65.14 billion by the end of 2029

This data shows that developing a sports betting app like Melbet is the most profitable opportunity for gamblers and businesses.

In this blog, we will explore how to develop a sports betting app like Melbet and how rapidly it is growing in this relevant industry market.  

So, hang on!

 

What Is a Sports Betting App Like Melbet?

Melbet is the most popular online platform for sports betting, where users can place bets on their favorite teams of popular leagues. It provides various types of sports for betting, such as cricket, football, baseball, basketball, tennis, and handball. This online platform allows users to bet on international, national, championship, leagues, and other sports events.

Melbet allows users to watch live sports events and provides convenience for them. To create a mobile app like Melbet, contact a mobile app development company for various types of mobile app solutions. 

  • Sports betting apps like Melbet offer secure online payment methods such as net banking, bank transfer, credit or debit cards, and digital wallets. 
  • This platform has a simple user interface that allows users to easily interact with all features and functions of the app. 
  • Users can access the Melbet app from every region or country because it is available in most of the popular regions. 
  • Melbet provides flexibility and convenience for users by allowing betting through mobile devices and is available on iOS and Android.

 

CTA Develop A Sports Betting App Like Melbet

 

Market Analysis of Sports Betting Apps

  • According to the global survey, the sports betting apps market was valued at around $45.43 billion in 2024. It is projected to grow around $65.14 billion by the end of 2029.
  • As per the recorded survey, the user penetration of sports betting apps will be 3.8% in 2024 and will reach around 4.8% in 2029
  • According to a study, the average revenue per user is around $327.20, which is expected to increase in 2028

 

Market Analysis of Sports Betting Apps

 

  • The sporting betting app market revenues are generated at a compound annual growth rate of 7.47%
  • In the global sports betting app market, the number of users is projected to reach around 182.5 million by the end of 2029.

 

Top 10 Popular Sports Betting Apps

Are you looking to develop sports betting app like Bet365? Then, you have to consider the various popular sports betting apps and know their downloads and ratings. So, here is the list of the top betting apps: 

 

Top 10 Popular Sports Betting Apps

 

Applications

Downloads

Ratings

Launch Year

Availability 

Bet365 50M+ 4.5 2000 Android, iOS, Web
1xBet 50M+ 4.3 2007 Android, iOS, Web
FanDuel 10M+ 4.5 2009 Android, iOS, Web
Betway 10M+ 4.3 2006 Android, iOS, Web
PointsBet 1M+ 4.5 2017 Android, iOS, Web
Dream11 100M+ 4.7 2008 Android, iOS, Web
EuroSports 10M+ 4.3 2000 Android, iOS, Web
Sportsbet 10M+ 4.7 1993 Android, iOS, Web
Parimatch 10M+ 4.2 1994 Android, iOS, Web
Sleeper 10M+ 4.4 2018 Android, iOS, Web

 

Why Most Businesses Invest In Sports Betting App Development?

As we have shown earlier, there is a high demand for sports betting mobile app development, and how rapidly it is growing around the world. Businesses look for sports betting apps and grow their businesses to the next level. So, here we offer some of the useful concerns that explain why today’s businesses invest in sports betting apps:

  • Market Demand
  • Customer Engagement 
  • Globally Reaches 
  • Revenue Opportunities 
  • Data-Driven Insights

 

Why Most Businesses Invest In Sports Betting App Development

 

1. Market Demand

Let’s start with the first benefit: The Melbet betting app has unique functionalities, and that’s why the demand for sports betting apps has increased in this competitive market. Users are getting attached to these functionalities, and easily they withdraw their winning prices instantly with just one click. So, these apps are in the most demand in this market and generate profitable opportunities for businesses. 

 

2. Customer Engagement

In the second benefit, customers eagerly waited for the legal sports betting apps to place high-priced bets on their favorite teams. As we show the global market, sports betting app like Sleeper are always engaged with a high number of users, and sometimes the app exceeds their limits. The increasing user base can provide a huge number of benefits for businesses. 

 

3. Globally Reaches 

Let’s move to the third benefit: a well-organized and functioning Melbet affiliate app can reach global audiences and establish a reputed position in the sports betting market. Advanced functionalities such as an easy withdrawal option, the ability to place bets on a wide variety of sports events, bets from mobile devices, and more help reach every user worldwide.

 

Develop A Sports Betting App Like Melbet

 

4. Revenue Opportunities 

In this fourth benefit, sports betting app like Dream11 has the ability to generate new income sources for businesses and increase their overall valuations. It provides a wide variety of revenue opportunities, such as advertising, in-app purchases, subscription plans, freemium models, transaction fees, and partnerships. 

 

5. Data-Driven Insights 

Moving to the last benefit, sports betting apps have the capability to observe the user’s valuable data to fulfill their requirements. It analyzes the user’s demographics, habits, preferences, habits, behaviors, purchasing patterns, and most used services. These data-driven insights help businesses identify new areas for improvement and boost their overall sales. 

 

7 Essential Steps To Develop A Sports Betting App Like Melbet

If you want to develop a betting app like Sportsbet, you need to follow the various development steps to understand each implementation step. These steps can provide useful information and help avoid silly mistakes during the overall development. So, take a look at the robust sports betting app development process:

  • Identify Needs and Market Research 
  • Identify Core Features
  • Select Best Tech Stacks
  • Design UI/UX
  • Development of App
  • Testing and QA
  • Releasing and Marketing

 

7 Essential Steps To Develop A Sports Betting App Like Melbet

 

1. Identify Needs and Market Research

Let’s begin the development process. Firstly, you have to identify the requirements of your app and the functionality you want to add to your project. Create an organized list of specifications and functionalities that can avoid data redundancy.  After that, observe the popular sports betting apps to understand their functionalities and discover some valuable features that can be installed in your app. 

 

2. Identify Core Features

In this second development process, hire dedicated developers to identify the basic features and functions that must be added to the project. You must analyze the existing sports betting app features, and you can use their similar features that can lead to the app’s success. After detecting the ideal users of your app. 

 

3. Select Best Tech Stacks

Let’s move to the third development process, selecting the best tech stacks. First, you need to identify your project’s complexity and choose the tech stacks according to the complexity level. Must observe the famous sports betting apps’ tech stacks and take a look at their success level. It includes various tech stacks, databases, cloud storage, programming languages, and more. 

 

4. Design UI/UX

In this fourth development process, hire an experienced developer from an Android app development company to design a user interface. You must design a simple user interface that allows users to easily interact with all the app services and functionality. It involves many advanced designs such as high-quality layouts, premium designs, menubars, and more. 

 

5. Development of App

Entering the development process is one of the most crucial stages of the overall development process. It includes many advanced implementation stages, including classes, objects, third-party integrations, integrated modes, and more. Developers need to be more careful about their advanced implementations and make sure all features are successfully implemented. 

 

6. Testing and QA

Let’s come to the sixth stage of development. After successfully developing the app, it’s time to test it to make sure all functions are working correctly. Hire mobile app developers to fix errors or bugs to increase the overall app performance and update the old version features. After that, ensure that the quality of the app does not decrease and remains the same as before the development phase. 

 

7. Releasing and Marketing

Moving to the last stage of the development process, assemble a highly-skilled development team to release the app on the selected platforms. Make sure that all the third-party integrations are successfully implemented. After the marketing phase is started, it includes email marketing, advertisements, blogs, affiliate marketing, content marketing, and digital marketing.

 

10 Must-Have Premium Features for Sports Betting App Like Melbet

If you want to implement features similar to sports betting apps like Betway, then consider the following premium features. So, here we provide the list of advanced features:

 

10 Must-Have Premium Features for Sports Betting App Like Melbet

 

1. Simple UI/UX

The Melbet app Android has a basic user interface that enables customers to easily navigate all the features and functions of the app. 

 

2. User Registration 

A Melbet official app allows users to create a free account via email, phone numbers, and social media platforms, and users can also sign up as guests. 

 

3. Live Streaming

This online platform allows users to watch live-streaming sports events and place bets on the app through live streaming. 

 

4. Cash Withdraws

The Melbet global app enables users to withdraw their winning money to their bank accounts or digital wallets with just one click. 

 

Develop A Sports Betting App Like Melbet

 

5. Betting in Real-Time

It provides live betting experiences to users and allows them to place bets in real-time. This can enhance the user experience. 

 

6. Transaction History 

This platform provides the previous transaction history to their transactions, and users can download the transaction statement. 

 

7. Notifications 

Develop an app like EuroSports that sends alert messages to users for new updates, promotions, reminders for popular leagues, and more. 

 

8. Online Payment Options 

Sports betting apps provide multiple online payment options, such as bank transfers, digital wallets, credit or debit cards, and more. 

 

9. Security Measurements 

It has various security protocols to protect users’ sensitive information, including encryption, two-factor authentication, and biometrics. 

 

10. Customer Support

Sports betting apps provide a user support team that is available 24/7 to solve the issues raised, and users can connect via email, in-app chat, and call. 

 

The Cost To Build A Sports Betting App Like Melbet

The sports betting app development cost lies between $8,000 to $25,000 or more. There are various factors that can highly impact the overall development cost. It involves features, functions, size, complexity, infrastructure, deployment platforms, development team, and more. It also has additional costs that have the capability to change the fixed budget for mobile app development. 

For detailed information on overall development costs, take a look at the following table:

 

Cost to Create A Sports Betting App Like Melbet

 

Sports Betting App Development

Estimated Cost 

Time Frame 

Simple App Development $8000 – $11000 2 to 4 Months
Mid-Complex App Development $12000 – $19000 5 to 8 Months 
High-Complex App Development $25000+ 9+ Months

 

The maintenance cost of sports betting apps lies between 15% to 20% of the overall app development cost. It involves various resources such as software or hardware costs, user support, networking, updating features, and more. 

 

How To Reduce The Overall Sports Betting App Development Cost?

To reduce the fantasy sports app development cost, some useful factors help businesses maintain their development budget. It includes many advanced factors such as features, functionalities, security restrictions, design, and more. So, here we provide the essential points for reducing cost factors:

 

How To Reduce The Overall Sports Betting App Development Cost

 

1. Outsource Development

In this first valuable point, you can hire dedicated developers from different countries to reduce the overall app development cost. Before hiring outsourced development, check your project’s requirements to ensure they perfectly match those of developers. Make sure that there is no compromise with the quality of the project, and freelancer developers can easily reduce the cost. 

 

2. App’s Type

Let’s move to the second point, which is to identify what type of app you want to create. There are various types of apps, and their cost is different from each other. It includes simple, mid-complex, and premium apps. Simple apps can exist at a lower cost than premium apps because they have many functionalities. These can reduce the overall fantasy sports website development cost

 

3. Build an MVP

In this third reducing cost factor, building a Minimum viable product has the ability to maintain the fixed budget of app development. MVP mainly focuses on the core or basic features of the project and gives them first priority in installation. This platform fulfills the required needs of a project and doesn’t go for the paid or premium features. 

 

4. Use Open-Source Frameworks

Coming to the fourth reducing factor, you can use open-source frameworks instead of paid frameworks. Open-source frameworks can easily fulfill the requirements and provide inbuilt libraries that make it easy to develop and save time and cost. So, use free frameworks to develop a mobile app with full functionality. 

 

5. Clear Project Requirements

Let’s come to the fifth reducing cost factor, define your app’s requirements that how many functions or specifications you want to install. These can avoid the data redundancy and businesses can easily evaluate the estimate cost of app development. According to the mobile app development company, these can reduce the cost and also make the clear way to easily develop an app. 

 

CTA 1 Develop A Sports Betting App Like Melbet

 

How To Generate Revenue Streams From Sports Betting Apps?

Most businesses build sports betting apps easily, but they don’t know how to make money from the sports betting apps. This concern is received from many businesses and organizations; we provide the right answer for this. We offer various monetization techniques that can generate new revenue streams:

  • Transaction Fees
  • Freemium Model
  • Advertising
  • Subscription Plans
  • Collaborations 

 

How To Generate Revenue Streams From Sports Betting Apps

 

1. Transaction Fees

Let’s start with the first monetization technique: generating higher revenue streams by charging a fee for every payment transaction via your app. If users withdraw money from the app, transaction fees, ranging from 5% to 8%, are applied. As we discussed earlier with fantasy app development services provider, these transaction fees can easily increase the overall business valuation and create a new income source. 

 

2. Freemium Model

In this second monetization technique, the Melbet online app offers a free version with basic functionalities for unsubscribed users. However, the free version does not allow users to access live-streaming sports events or place bets in real-time. Users must purchase additional features or subscription plans to access premium services. 

 

3. Advertising

Let’s move to the third monetization technique; sports betting apps allow third-party vendors or businesses to show their functionality or products through your app.

It involves various advertising formats, such as native, image, video, display, banner, and pop-up window ads. According to the on-demand app development solutions provider, you can earn an acceptable income by showing their products in advertisements. 

 

4. Subscription Plans 

In this fourth monetization technique, there are various paid subscription plans to allow users to access the premium services of the app. There are three types of subscription plans: basic, premium, and enterprise.

If users want to access all the premium functionality of the app, then they have to purchase the premium or enterprise plan. So, it can easily increase the company’s overall valuations and generate new revenue streams. 

 

5. Collaborations

Let’s come to the fifth monetization technique. Sports betting apps are ready to partner with professional businesses to sell their products via your app. You can earn a commission-based income by selling each product from their inventory. So, these earnings have the capability to generate new income sources and increase the valuation. 

 

How Dev Technosys Will Help You?

At the end of this blog, we explored how to develop a sports betting app like Melbet and how it can benefit today’s businesses. Our company offers high-quality sports betting apps with unique functionalities compared to other popular sports betting apps. We hope you understand the demand for sports betting apps and why you should invest in them. 

After that, we offer robust features for betting apps that can make you more attractive to your app and enhance the user experience. Our leading mobile app company offers the best monetization techniques that generate new revenue streams for businesses. 

Are you planning to make a sports betting app like Melbet? Then, consult our reputed sports betting app development company to deliver innovative mobile app solutions. 

 

Frequently Asked Questions 

 

Q1. How Much Does It Cost To Develop A Sports Betting App Like Melbet?

The sports betting Melbet app development cost is around $8,000 to $25,000 or more. It is based on various factors such as size, functionality, infrastructure, development team, deployment platforms, and project requirements. 

 

Q2. How Long Does It Take To Develop A Sports Betting App Like Melbet?

A simple sports betting app takes around 2 to 4 months for overall app development. And a complex sports betting app can take around 6 to 9 months. It depends on the app’s complexity, requirements, and type. 

 

Q3. Why Entrepreneurs Invest In the Sports Betting App Development?

Businesses invest in sports betting apps to increase their business valuations and receive higher success rates. Here, we provide a few benefits:

  • Increase sales
  • Higher return on investment
  • Brand reputation
  • Competitive advantage
  • User Engagement 

 

Q4. How To Develop A Sports Betting App?

To create a sports betting app like Melbet, you have to consider the robust sports betting app development process:

  • Market research and identify requirements
  • Detect core features
  • Choose the best tech stacks
  • Design UI/UX
  • Develop an app
  • QA and testing
  • Launching and marketing

 

Q5. How Can I Monetize My Sports Betting App?

There are various monetization techniques to generate new revenue streams for businesses and increase the overall valuation of the company. Here we provide the list of monetization techniques:

  • Subscription plans
  • Freemium model
  • In-app purchase
  • Transaction fees
  • Partnerships and collaborations