Fantasy sports is the most popular term in the sports betting industry. The advancement of technology made the sports betting industry to the next level in all parts of the globe. Everyone has their favorite sports for playing and that enthusiasm made people play fantasy leagues/contests on the sports betting platform. You might be aware of playing leagues by paying fiat money but in recent times, many sports enthusiasts are paying cryptocurrencies instead of fiat currency for participating in the tournaments on the sports betting platform.
As we know that sports betting is more prominent than casino gaming and many people are using various cryptocurrencies for placing bets right now. As of now, the explosion of cryptocurrency sports betting has completely modernized and transformed online betting. Besides, many sports enthusiasts are preferring crypto sports betting because there is an upsurge usage of crypto coins in the global marketplace. It seems that many people are seeking out the use of crypto coins to have a better gaming experience and making profits easily. Crypto-based sports betting platforms have been spoken about for the past few years now. So far this platform has seen mixed results overall but one area where it has been performing well has been in the fantasy sports industry.
Cryptocurrency sports betting is doing well and it is due to the digital nature of crypto coins. Cryptocurrencies avoid the issues that are faced by many bettors who are wanting to place bets globally and make money. If the crypto is integrated into the sports betting platform, then there will be high security, privacy, transparency, and one can make bets quickly. Therefore, we can see a massive user base in the crypto-based sports betting platforms. Thus, many startups are showing interest in creating a cryptocurrency integrated sports betting platform by using premium crypto sports betting software.
If you aren’t aware of crypto-based sports betting software, then this article will help you with everything you need to know about them.
Let us begin with…
What is a Crypto-Based Sports Betting Platform?
In general, sports betting is the online fantasy sports platform where bettors, sports enthusiasts, or other individuals would place bets on their desired sports match. The users will participate in the league/contest/tournament by paying a certain amount of fiat money. Then, they would draft a fantasy sports team by selecting reliable sports players based on the credit points. After drafting the team, they can change or modify the players only before the match. If the match begins on the ground, then the user can not change the team. If the predicted fantasy sports team plays well in the ground, then automatically the points will be added to their account. So based on the performance, the points will be distributed. If their team scored high points, then they might have a chance of winning huge cash prizes as a reward.
The crypt-based sports betting platform also follows the same process. There is only one major difference between traditional sports betting and crypto-based sports betting is users will pay crypto like bitcoin, ethereum, or any altcoins instead of paying in fiat currency. As everyone knows that there is a great hype for cryptocurrencies and secured with blockchain technology. So paying entry fees by using crypto coins will be safe and one can make bets easily through any digital coin. The Crypto market is volatile so prices will go high often, so there will be a profit for both owner and user in the cryptocurrency integrated sports betting platform.
List of Top Crypto-based Sports Betting Platform
Here we list some of the best cryptocurrency integrated sports betting platforms that are prevailing in the marketplace.
These are the popular crypto-supported sports betting websites in the global marketplace. Now, let us see…
What is Crypto-based Sports Betting Software?
Crypto-based sports betting software is a ready-made fantasy sports software that has a cryptocurrency integration feature. One can easily launch a cryptocurrency integrated sports betting platform within a few days by using this sports betting software. This software comes with all the essential features for making bets and other advanced functions. The crypto-based sports betting software is built with multi-crypto support. So after launching the platform, users of the platform can make bets using any virtual digital currency like bitcoin, ethereum, EOS, or whatever crypto coin in a hassle-free manner.
Fantasy Sports Tech provides premium crypto-based sports betting software with elite features and crypto integration. Our software is completely developed, designed, verified, multi-tested by experts, and ready for deployment. Our bug-free cryptocurrency integrated sports betting software is very robust. So the cyber-attackers can’t break into your sports betting platform and retrieve private information about your users in the platform. Being a leading online sports betting software development company in the industry, our primary goal is to provide the client with software that engages their users with an ideal and user-friendly interface.
To enhance the gaming experience, we built our crypto sports betting software with the latest trends and cutting-edge features. Our premium online sports betting software has high customization scope, so you can customize the features, themes, and other designs as per your business needs easily. That’s why there is a great demand for the best crypto-based sports betting software in the global marketplace.
Sports Covered in our Cryptocurrency Integrated Sports Betting Software
Our ultra-modern crypto-based sports betting software supports all the major sports and games which are prominent in the sports industry. Here we list the sports that are covered in our premium online sports betting software development service.
7. Ice hockey
10. Auto racing and more
Apart from these sports, you can add extra sports and games in the sports betting software as per your business requirements.
Benefits of Using our Crypto-based Sports Betting Software
You can yield many advantages by using our customizable and bug-free cryptocurrency integrated sports betting software. Here is the list of benefits that you can get from our software.
1. Quick Payment Processing
Our crypto-based sports betting software is built with quick payment processing. If you are a crypto enthusiast, you might know that crypto coins are completely based on blockchain technology. Therefore, fast transactions are possible without any delay or lag. Apart from this, the payment gets confirmed quickly in a matter of seconds.
2. High Customization Scope
Our bug-free crypto-based sports betting software has a high customization scope. You can customize user panel features, admin panel features, themes, and designs according to your business needs without any hassle. Our software is secure and cost-effective.
3. You can set Transaction Fees
When your users make the payment through crypto coins, you can set the transaction fee by using our crypto-based sports betting software. This will help you to make profitable money in a short time. By collecting low fees from the users, you can grab many users to your sports betting platform worldwide.
4. Unlimited Transactions
In our software, your users can perform unlimited transactions and participate in leagues. By using crypto coins, there is no bound to the amount that can be paid while betting. The crypto payment for the tournament can be made from any part of the world to anywhere without any restrictions. This is the major advantage of our crypto-based sports betting software.
5. Greater Accessibility
Our software has greater accessibility. Smartphones can be easily accessible to almost everyone. So cryptocurrency payments for leagues can be easily made from mobile phones or desktop servers.
6. High Security
Our crypto-based sports betting software is built with top-level security systems so all the payments made through cryptocurrencies are highly secure. Besides, there is no possibility of hacking or any other malware activities.
7. User Anonymity
User anonymity is high in our crypto-based sports betting software. Your users can anonymously make crypto payments. The identity of the user or any other essential information will not be revealed.
8. No Third-party Interference
In the traditional payment systems, the central authority will be controlling every transaction. But in our software, there is no such control while your users make payments through crypto coins.
9. Transparent Transactions
When your user makes crypto payments, every record is maintained on a digital ledger. If the crypto payments are made privately, then nobody can find out the details about the owner and their information.
You can get all these benefits by using our premium cryptocurrency integrated sports betting software.
Our Crypto-based Sports Betting Software Development Process
We develop our bug-free crypto integrated sports betting software with the following development process.
1. Gathering Business Requirements
Firstly, we will collect the business requirements from our clientele and so that we can understand the purpose of the crypto-based sports betting software. Gathering requirements will help our developers to craft the software with the required features.
2. Designing the Sports Betting Software
Our experienced and skilled fantasy sports developers will implement the business requirements of our clients into a real one. The solid, attractive, and user-friendly Interface will grab more users from all parts of the world.
3. Crypto-based Sports Betting Software Development
Our well-experienced developer team will carefully enable all the essential components in our premium sports betting software with cryptocurrency support. Also, we will integrate some of the most advanced and trending features.
4. Sports Betting Software Beta Testing
Beta Testing is the most crucial step in the crypto-based sports betting software development process. This phase of the development process will make sure that the proposed design meets the idea of the client’s business goals. Most probably our software will not meet any issues or errors. In case, If there is any issue while testing the software, then our developers will instantly resolve them.
5. Software Launching
After beta testing, the crypto-based sports betting software is ready for deployment. Our software will be launched based on the feedback of our client and the sports betting software development team.
6. Support and Maintenance
After our crypto-based sports betting software has been timely delivered to our client, we provide technical & customer support to our software with timely and regular updates.
Peculiar Features of our Crypto-based Sports Betting Software
Features that you integrate into the sports betting software will play an important role in developing a crypto-based sports betting platform for your business. Here is the list of outstanding features that you can get in our crypto integrated sports betting software development.
2. Home Screen
3. Payment Mode
4. Cryptocurrency support
5. Player information
6. Create and join Contest
7. My Contest
8. Create custom fantasy teams
9. User Dashboard
10. Pay crypto for leagues/contests
11. My Settings
12. Online wallet integration
13. User authentication
1. Admin Login
3. User Manager
4. Manage Matches
5. Manage Games Category
6. Contest Manager
7. Manage Payment
8. Manage Reward Points
9. Manage Earnings and Cash Bonus
10. Transactions and reporting
11. Manage Bank Withdraw Request
12. Manage CMS pages
1. Live Match Score updates
2. Live Score API Integration
3. CRM Integration
4. Push Notification
5. Real-time Analytics
6. GPS Location Tracking
7. Instant Payment System
8. Game and winning history
9. Raising a query
10. Player fantasy points
By enabling these extraordinary features, you can create a superfine cryptocurrency integrated sports betting platform easily for your business.
Crypto-based Sports Betting Software Development Cost
The cost of creating a cryptocurrency integrated sports betting software will depend on some important factors. Such as
1. Type of sports that you have chosen
2. Integration of latest features
3. The complexity of your project
4. UI/UX development
5. Development team size
6. Location of sports betting software development company
7. Third-party API integration
These elements will shape crypto-based sports betting software development expenses. We can not predict the accurate development cost of the software, but the cost of creating a crypto-based sports betting platform will range around $12k – $15K (including Android, IOS, and Web). However, the sports betting software development cost will differ as per your business concepts and urgent needs.
Why Choose Fantasy Sports Tech For Crypto-based Sports Betting Software Development?
Fantasy sports tech is an award-winning sports betting software development company in the global marketplace. We have years of experience in affording all types of fantasy sports app development services with first-class outcomes. We offer bug-free and customizable sports betting software with elite features and advanced security mechanisms. Our software is crafted by our experienced software developers and tested by experts. If you want to launch a stunning crypto-integrated sports betting platform at a budget-friendly price, then choosing fantasy sports tech will be the best solution for your business.
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