With rising demand for online gambling apps, multigaming apps like Parimatch, MPL, Hago, and Zupee are growing at an alarming rate. People today are fascinated by online gambling and love to do the same using online sports betting apps. The penetration of smartphones and low-cost data also fueled the growth of online betting apps. People love to bet on major games: cricket, hockey, football, baseball, table tennis, kabaddi, etc. The craze for gambling has crossed all limits and increased to the extent that real gambling games are becoming mainstream.
Many investors and gaming business owners see multigaming sports betting app development as a great opportunity to earn great investments on returns. It has a lot to offer both the creators as well as players. Creators can reach millions of screens and tap global audiences by creating an app like parimatch. Players can earn regular cash rewards by participating and placing bets on different matches based on the performance and stats related to the real-world match.
If you are interested in developing an app like Parimatch, here is the guide for you! In this blog, we will cover all the important aspects related to real money game development such as cost, features, benefits, etc.
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According to the research, the global sports betting market is expected to grow from $89.65 billion in 2021 to $99.20 billion in 2022. The industry showed a CAGR of 10.64%. The global sports betting industry is expected to reach $144.34 billion in the year 2026, which is showcasing a CAGR of 9.83%. The reasons behind this growth are multiple. The major reason behind the growth is the accessibility of smartphones and cheap internet connectivity. Moreover, the increase in the number of sports leagues and events is contributing to the growth of the sports betting industry. (Source)
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Parimatch is a popular multigaming that allows users to place bets on a varied range of sports betting and casino games. It is a real money game app that not only allows users to place bets but also earns exciting cash rewards as a token of winning. It features a unique layout and interface that makes it convenient and easy for users to place bets on their favorite sports. The app allows users to deposit and withdraw money using banking, cryptocurrency, and other safe payment methods.
Parimatch is known for its free live streaming, allowing users to seamlessly bet on a wide range of games in a matter of seconds. In a nutshell, the app offers quick, safe and uninterrupted casino gameplay and sports gambling experience to users worldwide. There are a myriad of similar apps like Parimatch which offer multi-gaming capabilities like MPL, Dream 11, WinZo, and more.
The parimatch app allows users to play various casino games and place bets on a wide range of sports betting games. The app is easy to use due to its straightforward features and functionalities. The app allows users to first log in and register to the platform using their contact details. After login, they can add money to their in-game wallet to place bets on a varied range of sports betting games.
Users can make bets by selecting the various sports categories listed on the app. All they need to do is select the match on which they want to place their bets. Do not forget to choose the odds from multiple matches. Click the match to see the wider picture and place a bet. After that, wait for the results.
Express bets are much more profitable and beneficial in case of a win as all the odds are multiplied. You can choose two or more events using the parimatch app. All you need to do is select Parlay from the menu to place a bet.
Parimatch offers players an extensive range of casino games such as poker, blackjack, roulette, slots, etc. First, you need to choose the casino game and then understand the rules and instructions of the game to play and win exciting rewards.
Most investors today are interested in multigaming betting app development to reach millions of screens and generate high revenue. Although there are alternative apps like Parimatch in the market, the Parimatch app is widely popular among gamblers worldwide because of its plethora of sports betting options and opportunities. Here is the list of sports betting games that are available on Parimatch:
Read More:- How to Bet on Sports Games Using Betting Exchange Software?
An app is defined and known for its features. Features are one of the main elements of any app that can make or break its name in the market. Here is a list of some of the major features of a Parimatch app that you can include in multigaming sports betting app development to make your platform cut above the rest.
| User Panel Features | Descriptions |
| Easy Login/Signup | Using this feature, users can log in to the gaming platform using their personal details such as contact number, Email ID, Social media accounts and ID proof. The sign-up process is necessary to keep a record of the users and monitor their regular performance on the app. |
| Multi-lingual Support | The Parimatch app allows users to provide multilingual support. This feature allows users to understand the game’s functions and features in their native language. In turn, helps applications receive the attention of global players. |
| Payment Integration | Whether it is android app development or iOS App development; payment integration methods play a crucial role. Online sports betting apps like Parimatch offer users multiple payment methods that are safe, quick and credible. Some of the major payment methods are Paypal, Visa, Mastercard, credit cards, etc. |
| Betting Guide | The multigaming app offers beginners a betting guide to help them understand the rules and instructions of the specific sports betting game. |
| Push Notifications | This feature allows users to get real-time updates about the upcoming match or current match in a matter of a few clicks.This feature helps you keep your users engaged and attracted to the platform for a prolonged period of time. Push notifications help creators to attract and retain users. |
| Real-time updates | This feature allows users to get real-time updates and information on the platform itself. Real-time updates include information related to match updates, performance, scores and match history. |
| Social Media Sharing | Using this feature, users can share their match status with their friends or family on social media platforms such as Facebook, Instagram, Whatsapp, etc. This feature enhances the motivation and retention of the users. |
| Admin Panel Feature | Description |
| Dashboard | This feature allows admins to manage, track and control the updates, figures and information related to the match. The dashboard helps admins to monitor the user’s placed bets, upcoming matches, scores and so on. |
| User Management | This feature allows admins to manage and control users’ activities in an efficient manner. Using this feature, admins can monitor the performance of the users by keeping an eye on all the matches and bets. |
| Payment Management | Using this feature, admins manage the payment integration in a seamless and secure manner. They ensure to protect the confidentiality of user bank details by keeping a record of their deposits or withdrawals. |
| Notification management | Admins manage and control all the app notifications using this feature. They ensure to provide regular updates and real-time match details to users to increase their interaction and engagement. |
| Coupons Management | Admins manage all the coupons and offers using this feature. They administer and provide coupons to all the users according to any occasion or sports event. |
Read More:- The Best Online Sports Betting Sites in 2023
Real Money Game Development is not overnight and hence requires a collaborative effort of designers, developers and marketing professionals. You must be wondering how an app like parimatch can be profitable or beneficial for your gaming business. Fret not, here is the list of benefits of developing similar apps like Parimatch:
Alternative apps like Parimatch offers users the flexibility to play a wide range of games on a single platform. Multigaming betting applications are in high demand because of the fact that the platform offers multiple betting options and gambling opportunities.
Real Money Game Development like Parimatch app can be profitable or beneficial for your business venture. Due to its global reach and popularity, the parimatch app can help you generate greater revenue by reaching millions of screens and downloads.
Whether it is an android app development, or iOS app development, cross-platform compatibility solves all your problems by making the application accessible to all platforms. Parimatch application is compatible with all platforms and you can build an app like parimatch with the help of a leading mobile app development company.
It is nearly impossible to define the exact development cost of an app like Parimatch until and unless we don’t know about the project specifications and details. On average, the development cost of an app like parimatch is around $30,000 to 40,000. This cost is for multi-gaming betting app development with basic features and functionalities. This may shoot up to $60,000 depending on the factors affecting the overall real-money game development cost. The factors affecting the cost to develop an app like Parimatch are
Read More:- Betting Management Software Providers: An Ultimate Guide
With the advent of technology and online gambling platforms, real money game development is becoming increasingly famous among investors worldwide. Similar apps like Parimatch took gambling to the next level by making it modernized, safe and reliable. If you want to launch your own multigaming betting app, take help from an experienced mobile app development company, having hands-on experience in developing next-generation applications or software solutions.
There are several alternative apps like Parimatch in the market, but only a few of them are ruling the market. An app like Parimatch offers users high-performance features and functionalities that help them place bets in a manner like none other. If you also want to develop an app like Parimatch and make a difference in the market, choose BR Softech as your parimatch app development company to get scalable and cost-effective development services.
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As a leading mobile game development company, we take around 12 weeks to 20 weeks to develop an app like Parimatch. The duration may exceed depending on your project specifications. If you want to incorporate advanced features, functionalities and tech stack in your multi-gaming sports betting app, the development time will be comparatively more.
Being a prominent Parimatch app development company, we have helped ‘N’ number of clients develop their own multi-gaming sports betting platforms like Parimatch. We optimize the latest market trends and technologies to develop top-notch gaming solutions that are highly reliable and scalable.
There are plentiful benefits of multigaming sports betting app development. Some of the major benefits are increased ROI, reach, and cross-platform compatibility. As a leading parimatch app development company, we can help you create a distinguished sports betting platform like parimatch.
