How Much Does it Cost to Develop a Fantasy Sports App?

From real-life games to virtual games, the craze hasn’t decreased worldwide. The main reason for this is the popularity of games and teams. In that way, a boon is created in the form of a sports betting app as a lucrative money-making opportunity for the users. Because it provides value for the users in terms of community engagement, global accessibility, short-term formats, rewards, and prizes. The market has filled up with distinct sports betting apps for users.

According to Allied Market Research, the fantasy sports market will reach $114.7 billion in 2033. These statistical results blow the minds of entrepreneurs who want to gain a competitive edge in this market. Entrepreneurs should know the cost of developing a fantasy sports app with their custom business goals.

What is the Cost of Developing a Fantasy Sports App?

When every app development process gets started, the entrepreneur's first thought is how much it costs to develop. In that way, let’s discover the cost of a fantasy sports app. An ideal way of developing a fantasy sports app would cost around $20,000 to $50,000, including getting an MVP, and a basic level of features and functionalities for your fantasy sports app. If you’re looking for a Mid-range level of sports fantasy apps, it takes around. 

What are the Disrupting Cost Factors for Developing Fantasy Sports Apps?

Developing fantasy sports apps depends on many factors that depend on their business goals. We listed out the top promising factors that influence your app development cost. Let’s look at each factor in detail.

App Platform Selection

In every app development, the first stage is opting for the desired operating system for the mobile app. In that sense, Android, iOS, or cross-platform app development is based on the various merits and demerits of developing your project based on your requirements. Below we mentioned the cost is only for the app development and other features implementation; the cost is an extra added to these price figures. Here, we give a clear chart for your reference.

Complexity of Features

App feature implementation is one factor determining your app development cost in many more circumstances. If you’re looking for basic features for your fantasy sports app, such as user registration, team creation, and scoring, these will require less development cost. However, seeking pro-level features for your fantasy sports app, like real-time data integration, AI recommendations, live chat, and video streaming, will incur higher costs than basic app features.

Technology Stack

The variety of technology implementation substantially influences your app development cost overall. Specifically, you’re expecting to implement fancy technologies like AI, AR/VR, blockchain, streaming, IoT, and the Metaverse. Also, you should know the different tech stacks that influence your app development cost.

App Development Team Location

Usually, app development labor costs vary from region to region. As an example, if you’re opting to have your development team from the US or Canada, it is $30 to $50, or Asian countries, it is from $15 to $20, or in the European Union and SENA countries it is from $45 to $80, or MENA countries, it is from $50 to $100. These cost ranges are based on an hourly basis for the app developers based on their expertise in your targeted tech field.

Sports Type Coverage

Choosing your niche sports app is one of the factors that decides your app development cost. Every variant of a fantasy app carries varying levels of complexity in implementation. Each fantasy sports app had distinct rules, features, and technology complexities. At the same time, you should implement multiple sports into your app like cricket, football, golf, basketball, and others. It will incur an extra cost that will apply to your fantasy sports app.

If you’re inspired by existing fantasy sports apps and looking to establish your branding while insisting on unique features to implement. Then, we have plenty of solutions for your requirements, leveraging the Dream11 clone, the DraftKings clone, the FanDuel clone, and ESPN Fantasy. That means you need an affordable cost to develop your desired platform.

Maintenance and Legal Compliance Cost

Maintenance is an important thing for every mobile app because after the public roll-out, if any issue occurs in your app or you add some new features or push security updates, then you will need a proper technical maintenance team to address the bugs or needed improvements as soon as possible. This will incur an additional cost for your fantasy sports app.

Laws and jurisdiction may vary from region to region. So, you should comply with those rules and regulations as per the government bodies. For that expenditure, the cost increases to a higher level. 

Here’s the list of government bodies and authorities involved in regulating fantasy sports apps for different regions: 

1. Federal Trade Commission for the USA 

2. Ministry of Electronics and Information Technology for India

3. UK Gambling Commission for the UK

4. Australian Communications and Media Authority for Australia

5. General Data Protection Regulation for the European Union

6. Canadian Radio-television and Telecommunications Commission for Canada

Final Thoughts

The ultimate way to develop your fantasy app is by balancing cost considerations with user expectations and business objectives. In that respect, fantasy sports apps have taken place in this competition because they have attracted so many people in the market. Is fantasy sports app development your plan? Appticz is one of the best fantasy sports app development companies, providing a non-compromising level of security graded with implementing advanced-level features to your platform. What exactly does your business want? Our expertise will provide a detailed idea and vision for your app development.