How to Make a Betting App

Due to the digital revolution, the gambling business has changed massively. Now, there is plenty of online solutions, such as betting apps and online casinos. By 2022, this giant gambling industry is estimated to be around $565 billion, according to a recent report.

Developing a betting app consumes a lot of time since it is quite complicated; the most prominent reasons being: App store restrictions and gambling licenses.

Over the course of this guide, we will discuss some of the challenges you will face while developing a betting app; while giving you a demonstration on how to tackle them efficiently.

MAKING A BETTING APP: CHALLENGES TO EXPECT

There are various hurdles that may trouble you even before you start developing a betting app. You have to thoroughly go through a vast number of points to ensure your gambling app is allowed to be used by normal people.

#1. OBTAINING A LICENSE

First and foremost, obtain a gambling license. This is the only legal way of entering the massive gambling industry; there’s no other way around it. Generating traffic and promoting your app without a license might land you in hot water.

Needless to say, each country has a different set of rules & regulations in place for obtaining a gambling license. Therefore, in order to acquire an authentic gambling license of a particular country, get in touch with a high-profile lawyer.

Keep in mind that obtaining a betting license for business purposes could be quite tricky and can cost a hefty amount. You’ll have to go through a particular country’s set of rules & regulations and brief your developers with all the guidelines and instructions.

#2. PUBLISHING TO THE PLAY MARKET AND APP STORE

APP STORE

In order to publish your betting app to Apple’s App Store, there are certain rules that you are required to follow. For instance, your betting app must be associated with a business with a license and have a geo-fence.

PLAY MARKET

Developers, in July 2017, were finally allowed to publish their gambling applications on Google Play Store. However, there are certain restrictions still in place that prevent young children from downloading and using this app. For instance, Google Play Store demands that betting apps shouldn’t be paid.

#3. INCORPORATING PAYMENT SYSTEM

While creating a betting application, you have to offer different types of payment methods to ensure fast and convenient transactions. There are heaps of payment system providers ready to operate with gambling platforms – Skrill, Stripe, and NETELLER, to name a few.

SKRILL

Skrill provides all its users with complete anonymity, along with an incredibly convenient way to cash out their winnings. Have a look at Skrill’s regulations.

NETELLER

This is one of the most popular payment system services providers currently. Ever since NETELLER started operating, it gathered the attention of millions of people from all over the globe. This service provider’s most significant advantages are: it provides fast and anonymous transactions and offers a high-security level.

STRIPE

This payment service provides secure and rapid transactions. It is recommended to incorporate Stripe into your application since it’s convenient for rookies.

#4. UI/UX DESIGN

Looking to create a betting app that generates tons of users? Then you might have to pay some attention to your UI/UX design and ensure that the app is not only intuitive but user-friendly as well.

As seen in the recent emerging trends, betting apps should possess a simple and straightforward interface. But it is completely fine to play around with animations a little bit.

People are visual creatures, so you need to pay attention to design to deliver value to end-users. It’s better to cooperate with qualified designers who can create a quality interface.

CREATING A BETTING APP: IMPERATIVE FEATURES

Want to develop a betting app of your own? Well, that demands a hefty number of features. Therefore, it’s recommended to begin with the minimum functionality version of the app. Once you’ve successfully developed a minimum functionality version (MVP) of the betting app, you can launch it in the market, obtain valuable feedback from the consumers, and upgrade your app accordingly.

Let’s have a look at the must-have features of the MVP of a betting app.

REGISTRATION AND LOGIN

Every user’s first interaction with the app is either through login or registration. The essential option is to provide existing, and future players register with email and password. Upon completion of the registration process, players would require to log-in. It’s also vital to offer “Log-out” and “Forgot password” options to make the betting app user-friendly.

MAKE A WAGER

The ability to create a wager is pivotal for every betting application. For instance, users must be able to view the list of events and categories. It is essential to incorporate a versatile search system to assist them in navigating through different events.

WALLET

Want to make your betting app user friendly? Focus on incorporating a wallet feature. It enables users to use their credit cards to top up their accounts. It is also mandatory to provide the players with an option to add or delete cards.

MENU

Create an extensive menu bar consisting of various categories. It is recommended to make a “Rules” screen for players to check out the betting policies.

NOTIFICATIONS

The Notification feature is incredibly useful to notify players about any new changes or wagers. Furthermore, push notifications to help in retaining customer’s attention.

As for advanced features, there are some ideas:

•         several currencies support
•         real-time messaging
•         several languages support
•         bonuses
•         customer support 24/7

Interested in learning more about Betting app development? Head on to Retrocube now!!