Sports betting has been famous in the sports industry for decades because of its unpredictable nature. Cricket is prominent for being an intricate and planned sport and at present, bets on cricket are much easy and simpler. During this cricketing season, the IPL is keeping the cricket fans glued to it, audiences are excited to watch and bet on their favorite players and team on the ground. That’s why there is the perfect time to think about IPL cricket betting software development. 

The season of sprinkling sixers, wickets, bowling, betting, boundaries on the cricket pitch are coming back within a few days. The rising popularity of online sports betting software development services has strengthened the betting industry and now every bettor is now aware of how to place online bets? The growing popularity, simplicity, and ease of use nature make cricket betting software more attractive for investors. 

How to Monetize Your IPL Betting Software?

There are two types of parties for which the monetization process is different, the first is bookmarkers and the second is booking exchange. Bookmarkers take some margin/vig for using their services and betting exchange acts as a third party and hold the money until the winning has decided. To monetize your IPL betting software or app there are so many options available that can help to make money including subscriptions, types of bets, and more. 

Cricket Betting Software for Bookies

As a bookie, you can invite your known members and friends to take the part in the game, when your friends bet through your betting software, you will earn profit from them. By providing exciting offers and betting points, the bookie can generate huge traffic on his website. For providing convenience to the bookie, we offer basic and advanced bookie panel features to make the betting operations smooth and simpler. 

IPL Betting Software Features We Offer

Live Score

The live score allows users to track the live match score of the players and facilitates the process of betting. 

Real-time Analytics

Real-time analytics provides detailed reports about the match, players, and tournaments to monitor the performance of the players. 

Single-click Betting

Extremely best-in-class UI makes it possible to bet on a single click. Without taking much knowledge of betting, a newbie can also place bets easily. 

Multiple Bets

Users can place multiple bets on a single sport. As per their preference they can place one or more bets at the same time. 

Instant Settlement

An authentic system of payment makes it possible to settle all the payments instantly. The winner gets the amount at the time of winning and bookmarkers get the margin at the time of placing the bet. 

Must Read: The Minimalist Guide To Make Money With A Sports Betting Software

How Much Does it Cost to Develop IPL Betting Software?

The cost of IPL betting software depends on various factors. Mobiweb offers white label and customized solutions for software and app development. For ready-made solutions, we offer Dream11 clone app development and betting clone app development solutions globally. Here are the costing factors that affect the cost of Cricket betting software development.

Technologies Used

For software and apps, there are different famous technologies on which IPL betting software or apps can be built such as flutter, PHP, Nodejs, native platforms. Selection of technology might be difficult and for making the decision you can consult Mobiweb Technologies experts anytime. 

Database

Cricket betting software development experts at Mobiweb are capable of building a large-database software without compromise with loading speed. Database setup affects the cost of development. 

Panels

Generally, there are two panels- admin and user panel. Some of the applications or software may have a third panel which is called a bookie panel and to add a third panel the cost may vary as per the features and functionality of that particular panel. 

Features

IPL cricket betting software features and functionality plays an important role and makes it more attractive and user-friendly. If you are looking to add additional features to your app then the cost of development will also increase simultaneously. 

Final Verdict

The IPL season will start soon and it will come up with more exciting moments. If you have an idea to earn money through online IPL betting software then handover your project to the Mobiweb team. We are a well-known cricket betting software development company. The Mobiweb team has expertise in creating betting software and applications for several sports including cricket, football, volleyball, soccer, horse racing, and many other games. Apart from this, our team has successfully completed fantasy sports software development projects also. So, discuss your project with our experts and get fantasy cricket software ready within just 7 days.