“The Future of Betting is in the App”
Develop Your Own Parimatch App & Take Your Betting Business to the Next Level – Dev Technosys
Mobile applications have taken the world by storm in the rapidly evolving sports and entertainment landscape. One such notable gaming app gaining market traction is Parimatch. Fantasy apps like Parimatch seamlessly merge sports betting, casino games, and entertainment in a single and user-friendly interface.
The development of such applications sparks curiosity among entrepreneurs, developers, and enthusiasts alike. The craze is prompting businesses to Parimatch app development so that they can be a part of the competition.
In this comprehensive guide, we have shed light on the cost, features, and benefits to develop an app like Parimatch. From conceptualization to implementation, we perform every step with perfection. Our robust fantasy app development process can transform your business idea into a fully functional and successful application.
So, if you are looking for a guide to develop an app like Parimatch, you are at the right spot. Here, you can discover everything about Parimatch app development. Without much ado, let’s begin the process!
Table of Contents
An Overview of Parimatch
Parimatch is a popular international sports betting and online gambling company with a wide range of gambling apps, including sports betting, live betting, card games, casino, and more. It is licensed by the Curacao Gaming Authority and is regulated by the Government of India. Parimatch is considered the safest and most legal betting platform in India.
Parimatch CEO | Sergey Portnov |
Founding Year | 1994 |
Headquarter | Limassol, Cyprus |
Industry | Betting |
Products | Bookmaking, Betting Shops, Online Gambling |
Number of Employees | 2000 |
An app like Parimatch is well-known for its exclusive free live-streaming feature allowing users to bet on multiple games with a tap. This fantasy gaming app offers a variety of deposit and withdrawal methods, including bank transfers, credit cards, and e-wallets. Users can easily deposit and withdraw money using the Parimatch gaming app.
How Does Parimatch App Works?
Popular betting and gambling app like Parimatch enables users to place bets on various events. It includes sports matches, live betting, casino games, and virtual sports.
Users enter a contract via a betting app like Parimatch whenever they place a bet. The users have to pay a certain amount if their bet is successful, and the betting app pays out the winnings if the bet is successful.
On the other hand, the betting app makes money by taking a winning cut, also known as ‘Vigorish,’ from successful bets. The vig is around 5% but varies depending on the betting app and its type.
To access the Parimatch app, users can create an account and deposit money. After that, they can place bets. While placing a bet, users must choose an event to bet on, the amount, and the outcome. If the bet is successful, a user will get paid, and if your bet is unsuccessful, you will lose your stake.
It is how the betting and real money game development process works. Now that you know How Parimatch works, implement a similar process while working on fantasy sports app development. You can also hire dedicated developers who can help you accomplish your business goals the right way.
What Are the Popular Games Listed on Parimatch App?
Today, every investor prefers to go for multi-gaming betting platforms to get access to a wide range of sports and matches at a time. Hence, the Parimatch application best fits this situation. This fantasy sports application has a long list of popular matches so that all types of investors can place a bet and earn tremendous benefits in a go.
Here’s a list of the top games/matches listed on apps like Parimatch –
- Football – The English Premier League, Serie A, and the Bundesliga are some of the most popular football leagues on the Parimatch app.
- Cricket – IPL (Indian Premier League) and ICC Cricket World Cup are the most popular cricket leagues on the Parimatch app.
- Tennis – The Grand Slam tournaments, including Wimbledon Championships and the French Open, are the most popular tournaments on Parimatch.
- Basketball – NBA is one of the most-watch basketball sports watched on Parimatch. Other international matches include EuroBasket and the FIBA World Cup.
- Rugby – Six Nations Championship, Top 14, and URC are the top Rugby matches people watch on Parimatch.
- MMA – The UFC is the most popular and demanded MMA promotion on the Parimatch fantasy sports app.
These are the 6 most popular matches listed on the Parimatch app. If you have an interest in running a similar business online, you can plan to develop an app like Parimatch.
How to Develop An App Like Parimatch? Step-by-Step Process
Developing an app like Parimatch requires immense effort and expertise, as there is a list of Parimatch alternatives in the market. So, if you want to create a similar app like Parimatch, follow the steps given below.
Our professionals at the fantasy sports app development company have curated the steps after in-depth research and analysis.
Step 1 – Conduct Market Research
Before developing a gambling and betting app like Parimatch, conducting market research and getting well-versed in the betting industry is important. It helps businesses understand the different types of bets available, the odds offered, and the different payment methods accepted.
Besides this, businesses should understand the legal requirements for betting apps like Parimatch. It will help to create a secure fantasy application without compromising the project quality.
Step 2 – Design An App Like Parimatch
Once you conduct market research and competitor analysis, focus on designing an app similar to Parimatch. It includes designing the User Interface and the User Experience. The UI is what the user sees and interacts with, while the UX is how the user feels when using the app.
As per the game development company professionals, designing an app that is visually appealing and easy to use is crucial. So, besides hiring dedicated developers, shed some light on hiring creative designers as well.
Step 3 – Choose the Best Suitable Tech Stacks
Now, choose the best suitable tech stacks for your Parimatch app to help you create a successful application adhering to the latest trends and technologies. The technology stack of a gaming and betting app like Parimatch includes the programming languages, frameworks, and libraries used.
There are several different technology stacks used to develop a betting app like Parimatch as mentioned in the table below –
Component | Technology Stack |
Front-End | Swift, SwiftUI, UIKit, Kotlin, Android SDK, React, Angular, Vue.js |
Back-End | Node.js, Python, Ruby on Rails, Java, Express.js, PostgreSQL, MySQL, MongoDB |
APIs & Services | Stripe, PayPal, Braintree, WebSocket, Firebase Cloud Messaging, Firebase Authentication |
Security | SSL/TLS, HTTPS, Data Encryption, Two-Factor Authentication |
Data Processing | Custom Algorithms, Third-Party APIs, Sports Data Providers APIs |
Cloud Services | AWS, Google Cloud Platform, Microsoft Azure, Docker, Kubernetes, Heroku |
Monitoring & Analytics | Prometheus, New Relic, Datadog, Google Analytics, Mixpanel |
Testing | Jest, JUnit, XCTest, Postman, Insomnia, Swagger |
DevOps | Git, GitHub, Bitbucket, Jenkins, Travis CI, CircleCI |
Communication | Socket.io, Firebase Realtime Database |
UI/UX Design | Figma, Sketch, Adobe XD |
Step 4 – Develop Parimatch App
Once you have designed the app and chosen the best suitable tech stacks, start Parimatch app development. It is the most time-consuming and challenging development step of all that requires expertise. In this step, you must write code, test your app, and fix bugs.
This step requires expertise, so if you have a team of dedicated game app developers, well and good; if not, hire dedicated developers from a reputed firm.
Step 5 – Test & Deploy Your App
Finally, when you are done with Parimatch app development, carefully test and launch your gaming and betting app. Ensure to eliminate all the errors and bugs before deploying an app on the best suitable platform (i.e., Google Play Store or App Store).
This step will require additional gaming app development costs, so consult the professionals. It will help you get a Parimatch app development cost estimation.
Step 6 – Parimatch App Maintenance & Support
At least, avail mobile app support and maintenance services to increase the worth and lifespan of your fantasy sports app like Parimatch. It requires additional investment, but the mobile app support and maintenance cost will be worth it.
So, these are six simple step-by-step processes to develop an app like Parimatch. Now that you are well-versed in the game app development process implement the steps one by one and develop a revenue-generating fantasy sports app.
What Are the Features Required to Develop An App Like Parimatch?
Do you want to create a feature-rich app like Parimatch? Refer to the following features listed by the fantasy sports app development company professionals. Features are one of the major components of any business application, as it can make or break the app’s success.
So, do not forget to include the following set of features listed below –
Feature | Description |
User Registration | Users can create accounts using email, social media, or phone numbers. |
User Profile | Create a personalized profile, including settings, preferences, and account information. |
Sports Betting | Place bets on different sports events with different types of bets. |
Casino Games | Choose from various casino games, including slots, table games, poker, etc. |
Live Streaming | Users can stream live sports events directly within the app. |
Payment Gateway | Integrate secure payment methods for secure funds deposit and withdrawal. |
In-Play Betting | Allow users to place bets during the course of a sports event. |
Push Notifications | Send timely notifications about ongoing & upcoming events, betting results, and personalized offers. |
Social Sharing | Allow users to share their bets and winnings on social media platforms. |
Security and Privacy | Implement strong security measures to protect user data and transactions. |
Customer Support | Offer 24*7 support and help, including live chat, email, and phone. |
Admin Dashboard | Provide administrators with tools to manage users, monitor activity, and handle disputes. |
Analytics and Reporting | Generate reports and analytics based on user activity, betting trends, and financial performance. |
Multilingual Support | Support multiple languages to cater to a diverse user base across different regions. |
Live Scores and Updates | Display live scores, real-time data, and match updates for various sports events. |
Odds and Betting Data | Display real-time odds, statistics, and insights for sports events. |
Loyalty Program | Reward loyal users with bonuses, cashback, and other incentives. |
What is the Cost to Develop an App like Parimatch?
Developing an app like Parimatch costs around $8,000 to $25,000, depending on the project requirements. Multiple factors affect the cost to develop an app like Parimatch, such as – Project size, features, complexity, tech stacks, and more. So, businesses should consider all the cost-affecting factors while calculating the Parimatch app development cost.
Aspect | Estimated Cost Range |
iOS App Development | $10,000 – $40,000 |
Android App Development | $8,000 – $25,000 |
Cross-Platform Development | $10,000 – $50,000 |
UI/UX Design | $5,000 – $15,000 |
Backend Development | $20,000 – $40,000 |
API Development | $10,000 – $20,000 |
Testing and Bug Fixing | $5,000 – $15,000 |
App Deployment | $2,000 – $5,000 |
Launch and Support | $5,000 – $10,000 |
If you are hiring an on-demand app development company, provide all your requirements to the professionals who will estimate the cost to build an app like Parimatch. At Dev Technosys, we hold immense expertise and knowledge to create unique gaming applications that have helped even a small-scale business grow from the ground to the top. So, if you want to reach success heights, connect with our mobile app development company immediately.
What Are the Benefits to Develop An App Like Parimatch?
Developing a multi-gaming app like Parimatch comes with myriad business benefits. Want to know the benefits to develop the Parimatch app? Refer to the list of perks mentioned below. Here’s a quick glimpse –
1. Revenue Generation
Online sports betting is a lucrative industry! Successful betting and gambling apps like Parimatch generate substantial revenue through user participation and bets.
2. User Engagement
Sports betting apps engage users by offering them a user-friendly platform to enjoy their favorite sports events more deeply. It helps businesses increase user engagement and generate more profit.
3. Convenience
Betting apps like Parimatch enable users to place bets from the comfort of their homes. Such applications eliminate the need to visit physical shops and get an immersive betting experience online.
4. Global Reach
Suppose a well-designed and feature-rich application can potentially attract users worldwide. It also expands the reach of business beyond regional boundaries. So, businesses can expect a global reach with 2x speed while choosing Parimatch app development.
5. Customization
You can tailor the gaming app to provide personalized experiences to users. It includes customized alerts, favorite team updates, and more, enhancing user satisfaction. Customization is only possible with online fantasy sports app development, so businesses should go for it.
Summing Up!!!
Stepping into the sports betting app development world, and developing an app like Parimatch, can be both an exciting and complex endeavor. Throughout this guide, we’ve already explored the key aspects of Parimatch app development, including its costs, key features, development steps, and potential benefits.
While the development cost varies widely based on factors such as development complexity, platform selection, and feature set, investing in gaming app development services will benefit you long-term. Now that you have a complete guide to develop an app like Parimatch approaching every step with diligence and commitment will help you come up with a successful fantasy sports application.
Connect with Dev Technosys, a leading mobile app development company with a pool of dedicated game app developers for hire. We can bring your business vision to life. Get in touch now!
Frequently Asked Questions
Q1. How Can I Develop An App Like Parimatch?
To create an app like Parimatch, you should be well-versed in the fantasy game app development process, i.e., analyzing competitors, finalizing design, features, functionalities, tech stacks, and more. In case you don’t know how to do it, connect with a leading fantasy sports app development company like Dev Technosys. Our professionals can help you create profit-driven business applications in no time.
Q2. How Much Does Parimatch App Development Cost?
The average cost to build an app like Parimatch is somewhere in between $5,000 to $25,000. The cost might also increase if you add more advanced features and functionalities to your fantasy application. The best way is to decide everything prior to fantasy sports app development, as it will give you an estimate of fantasy sports app development.
Q3. Which is the Best Company to Build an App like Parimatch?
There is no such organization offering the best fantasy sports app development services as there is a huge list. Among all, we can say Dev Technosys is at the top of the list. You can hire dedicated developers from Dev Technosys to develop an app like Parimatch.
Q4. How Can I Earn More Profit From App Like Parimatch?
If you have already developed a fantasy application like Parimatch and want to increase your profit from it, take care of the following pointers –
• Expand Market Reach
• Enhance User Engagement
• Implement A Loyalty Program
• Optimize Marketing & Advertising
• Focus on Customer Retention
• Monitor & Analyze Performance
Q5. What Are the Crucial Features of App Like Parimatch?
Parimatch is a popular betting and gambling app known for its diverse features and user-friendly interface. Here are the crucial features typically found in an app like Parimatch –
• User Registration and Profile Management
• Payment Integration
• Live Betting
• Push Notifications & Alerts
• Security & Privacy
• Sports Betting & Gambling
• Customer Support