People all around the world are crazy about sport, especially football, baseball, and cricket. This madness for sports paved the way for entrepreneurs to invest in such gaming solutions. Earlier there were many gaming apps launched where users can enjoy playing their favorite sports. But in the last few years, this scenario changed.
Users, these days, not only just can play these games but can also participate in various leagues and earn exciting rewards. They can create their own team, and play various tournaments online. Now they are not just the regular mobile gaming apps, people know them by the name of fantasy sports. And the demand for fantasy sports app development is rapidly increasing each day.
Today in this article we are going to talk about what fantasy apps are and what all does it takes to develop a feature-rich and engaging fantasy sports app like Dream11.
What are Fantasy Sports Apps?
Now for those who are still not aware of what fantasy sports apps are, we have explained them here. So unlike other gaming apps, the fantasy sports app allows users to play their favorite sports in real. The only difference here is, rather than playing in the real world, sports fanatic gets to play in the virtual gaming world. Just a real sport, they can create their team, choose the stakes, earn rewards, and cash prizes, and a lot more.
Some of the apps are dedicated to one single sport like the fantasy sports cricket app and some might have multiple sports in a single app.
Here is a list of some popular fantasy sports apps in India and worldwide:
Global Fantasy Sports Apps
- CBS Fantasy Sports
- ESPN Fantasy Sports
- Yahoo Fantasy Sports
Fantasy Sports Apps Popular in India
- Dream 11
- My Team 11
- My 11 Circle
Understanding Market Share for Fantasy Sports Apps
According to the data shared by techcrunch.com, out of all the totals apps downloaded from the App Store and Google Play store, 33% of them are gaming apps. Also, the global market for mobile games accounted for $152 billion in the year 2019 and is expected to grow at a tremendous rate in the coming years.
In another report shared by Statista, the global mobile game market was approx. $109,658 million in the year 2021 and is expected to show annual growth of 10.0% in the coming years. Experts believe that by the year 2025, this market will be around $160,646 million.
Talking about fantasy sports users, let alone in the USA and Canada, the number of fantasy sports users is around 59.3 million and is expected to reach 9.34 billion in 2024. Talking about the gender ratio, the number of male users is more than that of female virtual players. Men account for 81% of the total user group whereas females account for 19%. And if we go by the age group, around 50% of the players range between 18 to 34 years.
Here is a graph depicting some of the most popular fantasy sports apps and their usage:
How does Fantasy Cricket App like Dream11 Works?
Before you even plan to invest in a fantasy cricket app development solution like Dream11, it is very important to understand that how does this app work. Once you know the nuances involved in app development only then you will be able to find the right mobile app development company for your project.
So, Dream11 is not just a fantasy sports cricket app. It has many other games too for sports enthusiasts to play. Its mechanism is very simple. In this virtual gaming world, all you need to do is find your favorite sports, make your own team by choosing the players and you are good to go.
So, here are a few steps that a user has to follow when using this app:
i) Choose the Sport
As soon as a user login into the app, he or she can select their favorite sport after verifying all their details and creating a profile of themself. Once a sport is chosen, they can select the league they want to play.
ii) Creating a Team
To play any fantasy sports like cricket or football, you need to have a team. And this is where users get a chance to pick and choose the players and create their team.
iii) Deciding the Captaincy
There is no team without a captain in the real world and the same goes for our virtual gaming world. Users will now have to choose the captain and vice-captain of the team.
iv) Make Multiple Teams
Players can make multiple teams and even different teams for different tournaments. Also, they get an option whether or not they want to join a team.
v) Management of the Team
So now just like a real cricket match, if a player is not performing well, you can change and alter your team as and when you like. Users also have an option to track and analyze the performance of their teammates.
There is no fun in playing any game when there are no rewards. Every team earns a reward when it performs well, which can be distributed among the team players. Also, the team with the highest reward is the winner.
How to Earn Money from a Fantasy Sports App like Dream11?
Another thing that you must know before venturing into online fantasy cricket app development is how do these apps make money. We understand the whole sole reason for making an app is to earn revenue out of it. And Cricket is one of the most popular games played in the world, especially in India. People here are crazy over this sport. Hence, making money out of the fantasy sports cricket app or website is quite simple.
Here are some ways how you can earn money from your fantasy sports app:
Many people wonder how do free apps make money, and via advertisement is the perfect answer to them. There are many ways how you can promote other things and even sell blank spaces on your websites and apps to make money. Some popular types of the advertisement include:
- Native Ads
- Interstitial Ads
- In-app Video
- Reward Videos
You can also collaborate with various brands working in the same niche and promote their products on your fantasy sports app and website. You can ask your fantasy app developer to integrate this feature as it is one of the best ways to earn money from these kinds of apps.
Many sports apps like Dream11 itself earn money via this business model. Though the app is free to download, users have to make a small payment to join any league or tournament. And out of this total fee collected some is saved by the company as their revenue and the rest is distributed among the players as rewards.
Some apps make money via the subscription model. Players who have opted for a premium app version need not pay a match entry fee every time rather they can subscribe for the services and enjoy playing unlimited tournaments and leagues.
Talking about Dream11, they started following this practice but later dropped as they understood that their players liked the app which is free of any form of ads. Now they earn only from the fees model. You can reach out to a professional Fantasy sports app development company, and based on your requirements, they can suggest you the best revenue model to go for.
What are the Features to Include in a Fantasy Sports Cricket App like Dream11?
Whether you go for fantasy cricket website development or app development, the features you plan to integrate matters the most. If you are planning to get a fantasy cricket app like Dream11 developed, you must focus on integrating the best features in your app. It is the features that attract users to the app.
Based on individual user requirements, here are some of the important features that fantasy sports cricket app like Dream11 must have:
Just like any other on-demand application, a fantasy sports cricket app must also have a feature for users to create their profile.
An intuitive and easy to use dashboard is a must for users where they can see everything from their performance to scores and upcoming tournaments.
Choose the Tournament
This is where on-going and upcoming tournaments are listed and based on the preference users can choose the one, they would like to participate in.
Join the Tournament
Once they have selected the tournament they want to play, they can simply join it by either paying the fees or if they are the premium members then directly.
Multiple Payment Modes
It is always good to ask your fantasy sports app development company to integrate more than one payment mode or if better all the possible payment modes so that users can easily choose the one that fits them the best.
It is always a better idea to allow users to create their own contests and tournaments and play with their friends.
Invite and Earn
Apps like Dream11 allow users to refer their friends and get a referral amount for anyone who joins. It is a great way to promote the app and engage the users.
Just like user log in, admin should also be able to create their own profile and store all their details in the app.
Manage Results and Rewards
Admin must have an option to manage the results of any tournaments and the points that each team has earned to avoid any discrepancy.
You can ask your fantasy app developer to create a separate dashboard for payment management so that the admin can keep a record of every payment made or received.
A great feature to offer so that admin can notify users for the upcoming matches and tournaments and even about the points and referrals.
Admin should have the right to either accept or reject the users entering the tournament. Also, there must be a feature so that users could be managed properly.
Fantasy cricket app development is not easy as there are too many things to take care of. Admin must have an option to manage all the leagues and tournaments happening to avoid any chaos.
An intuitive dashboard where the admin can see every report related to leagues and matches, payments, users, and many more.
Some Advanced Features
Apart from these basic features for admin and users, you can also integrate these advanced features to increase user engagement and retention while getting fantasy sports app like Dream11 developed.
Live Group Chat
People love playing sports with their friends and family and why not give them a feature to have a live-chat in a group with all of them while playing.
Social Media Sharing
Who does not like boasting? Allowing users to share their achievements and victories on social media channels with their friends and family is a great option.
Live Commentary Feed
We cannot imagine playing cricket or any sport for that matter without commentary. Integrating a live commentary feed will surely give you an extra edge over your competitors.
Live Video Streaming of Games
There are many apps already in the market that allow users to live stream their game while playing it. Including the same in a fantasy sports app can be a great idea.
Chatbot API Integration
Integrating technologies like chatbot, Ai and ML can make your app stand out from the crowd and users will love it more.
What Technology Stack is Used in Fantasy Sports App Development
Choosing the right set of tools and technology is very important whether you go for fantasy cricket website development or app development. Before finalizing any development partner always ask them the technology they will be using while developing the solution for you.
Here are some of the most popular technologies that are used in online fantasy cricket app development or website development:
- Push Notifications: Twilio, Push.IO, Amazon SNS, Urban Airship, Map, Adpush
- Payment Integration: Braintree, Paypal, Stripe, E-Wallets, E-Banking, PayUmoney
- Database: MongoDB, Mysql, Hbase, Cassandra, Postgress, Mail Chimp Integration
- Cloud Environment: Aws, Azure, Google Cloud, Salesforce, Cloud Foundry
- Sports API: Goalserve, Cricket Api, Rapidapi.Com, Sportsmonks, Entitysports, Cricinfo
- Real-time Analytics: Hadoop, Spark, Bigdata, Apache Flink, Cisco, IBM
How Much does it Cost to Develop a Fantasy Cricket App like Dream11?
Now the cost of fantasy cricket app development depends on various factors like:
- App development platform (Android or iOS)
- App development complexities
- Features you want in your app
- Third-party APIs
- UI/UX elements
- App development team size
- Number of hours required to develop an app
- Area of app development
All these above factors will bring in a massive difference in the overall cost of getting a fantasy sports app developed.
An app like Dream11 will cost you around $10,000 to $20,000 for a single platform like Android or iOS. But if you choose to get it developed for multiple platforms with advanced features, it may range you $25,000 to $35,000 or even more, depending upon the fantasy sports app development company you choose and your requirements.
Does Investing In A Fantasy Sports App A Good Option?
Getting a fantasy sports app developed is a great idea with respect to the amount of money these apps make, especially if you plan to get it developed now, there are many upcoming tournaments like IPL 2021 that are around the corner. Even if you plan to launch a fantasy sports cricket app first, you can ask your fantasy sports app developers to integrate other sports too.
While getting an app developed all you need to do is find the right app development partner who has both experience and expertise in creating such scalable solutions and has the zeal to create a solution based on your requirements.