Sports are an obsession. Once you like a sport, you will start playing it either in real or in games. When you follow a sport, you will know everything about it, from the rules, to the players, to the powers and weaknesses of the players. And Fantasy Sports games target this knowledge only.
With Fantasy Sports Games, you can showcase your knowledge and skills about a sport or players and you can earn money while doing so. It enables the users to have a lively experience of professional sports and provides a nostalgic feeling. This is why Fantasy Games are progressing at obviously astonishing rates.
One of the best Fantasy Sports Apps is FanDuel, and in this article, we will have a look at how to develop an app like FanDuel and how much does it costs.
Let’s get started!
What is FanDuel?
FanDuel is a Fantasy Sports app based on the knowledge and prediction skills of the players. Players have to create a virtual team for the upcoming games and points are gained on the basis of the real performance of the players on that day.
Using the FanDuel app, the users can play fantasy sports and win exciting cash prizes.
FanDuel CEO: Matt King
Owner: Flutter Entertainment
Founding Year: 2009
Headquarter: New York City, United States
Number of Employees: 1500
How does the FanDuel App Work?
Fantasy games are all about how much you know about the sport and the players. It tests your skills on how much you can predict the performance of the player. You have to create the ultimate team to win the game.
Here is a step by step guide on how FanDuel works:
Select a match
After the player downloads the app, they have to log in using the OTP verification. After this, a window opens which has a list of all the upcoming and ongoing matches. The player has to select a match to proceed.
Form a Team
In this step, the player is required to create a team. The number of players that can be selected will differ based on the sports. The players get a total of 100 credits to form a team. The player has to choose players under these credits only.
As the player clicks on the name of the player, detailed information about the statistics of the player will open that the users can use to help them in selecting the players in the team.
Choose Captain and Vice-Captain
As the player has created the team, now they have to choose the captain and the vice-captain for their team. This is a very important step as this can have a heavy impact on their final score.
Captain: The user will get 2x points for the captain.
Vice-Captain: The user will get 1.5x points for the vice-captain.
Form multiple teams
A player can create a maximum of six teams, but they can play the game with only one team.
A player can modify the team until the deadline of the match. There can be no changes or modification in the team once the deadline of the game is reached.
Why do users love playing Fantasy Games?
Here are some reasons why users love playing fantasy sports:
In Fantasy Games, only a few people will win, and only one person will get the first prize. The game represents who among the players has the best knowledge about the sport and about the players. A lot of strategizing comes into play, and unpredictability always has the upper hand. As the competition is with real players, it contributes towards the likeness of the game.
Player is in-charge
The manager of the team plays a key role towards the victory of the team. For sports enthusiasts, they do find the decisions of the manager wrong and not up to the standards, and such players believe that they could have worked much better. Fantasy Sports provides a platform to such players to showcase their skills.
All the like minded sports enthusiasts play fantasy sports. It is very likely that these players will face-off against each other on the platform. With the in-game messaging system, they can chat with each other and they can become friends in real life.
Once you have created the team, now your job is to see how your players are performing. You are now totally invested in the game, and as this is the competition of the smartest people, every second will be thrilling for you.
The rewards are very lucrative in Fantasy Sports. With a small entry fee, you can win a big amount if you win. The prize is as big as a lottery and so more and more people are attracted towards this game.
What Fantasy Sports does FanDuel offer?
Fanduel app offerings multi fantasy sport games. Not only fantasy sports, but along with the same, they also offerings sportsbook, racing and casino too. Here are a list of some fantasy sports games which FanDuel offering.
And many more…
Business Model of FanDuel App
There are few monetization strategies that apps like FanDuel use.
Let’s discuss them in detail.
The most common business model of fantasy apps is participation charges. For all the matches that are played on the platform, the platform will charge a small participation amount from each player. Suppose the accumulated amount of a match is $5000. The app will charge somewhere between 5-10% of this amount, and the remaining will be distributed among the winners.
Advertisement is the most common business model used in apps and in many places. The app can offer various types of ads like banner ads, video ads, native ads, Full page interstitials ads, etc. However, the ads can hinder the in-app experience of the users.
Fantasy apps bag various deals and partnerships with brands and leagues. They can offer the exclusive merchandise of these leagues and brands as in-app purchasable items. This will improve the user-experience, and will also work as an additional business model for the app.
Various Fantasy Sports apps offer various challenges in which the users can take part for a certain time or for a season. These challenges once completed will reward the users. These challenges also help in improving the in-game experience. A one-time fee is charged for the season or time, and this strategy boosts the revenue of the app.
FanDuel Casino and Sportsbook App
FanDuel offers two separate apps. One is for Fantasy gaming, and the other one offers Casino and Sportsbook. As the laws of Casino Gaming and Sportsbook differ from country to country, it is a rather smart move. The Casino and Sportsbook gaming are luck based games and are thus considered gambling.
Capermint Technologies also provides FanDuel Casino and Sportsbook like app development service. To know more about the same, contact us.
Key Features of an App like FanDuel
An app is defined by its features. Features are the main thing that helps an app stand out from the competition.
Here is a list of key features of FanDuel app:
For Registered User
- View player stats
- Profile setting
- My Winnings/ My offers
- Create/join leagues and tournament
- Select tours (upcoming tournaments/leagues)
- Create a team page as per skills/ positions/ formats/points
For Web admin
- Admin login
- Manage results and points
- Payment/ Transaction Management
- Fantasy points Management
- Notification and request management
- Manage leagues, player and player assignment
- View and manage lists of users, payment, the transaction with history
Add on features for register user
- Live group chat
- Social media sharing
- Live commentary feed
- Photo gallery of live games
- Live video streaming of games
- Payment mode for subscription
Other add on features for Web admin
- Dashboard analytics
- Other sports integration
- News Feed for activities by active users
- Artificial Intelligence and Machine Learning Algorithms
- ESPN API integration for player statistics
- Leaderboard (Player / Team /User based on income)
- Coupons, Offer management, manage static HTML Pages, and blogs.
FanDuel Marketing Strategies
FanDuel has every big budget marketing strategy with cover up complete US audience. Adaptively, they have done paid marketing on each and every social media platforms starting from Snapchat, Instagram, Twitter, Facebook, Tiktok and more.
With a superior budget of marketing, FanDuel marketing done by Accenture. Accenture’s multi-platform marketing approach was created to comprehend and improve over time. FanDuel obtained a clear idea of what was performing and informed future initiatives by including extensive brand lift measurement analysis in each campaign. Furthermore, a more aggregate attribution model better understood cross-platform performance throughout important marketing periods.
An intelligent plan for budget planning was essential in helping FanDuel boost the effectiveness of campaigns. This meant coordinating multi-platform marketing to the sporting calendar and strategically increasing spending during key times, like leveraging the excitement around football season’s start.
How to Develop an App like FanDuel
Developing an app is one thing and developing a ranking app is another. You want to have the perfect app that can stand out from the competition and therefore you have to hire some professionals for this task.
Technologies required to develop an app like FanDuel
- Kotlin for Android App Development
- Swift for iOS App Development
- Node.js for Back-end Development
- AWS or Azure for Cloud
- SQL or MongoDB or Cassandra for Database
- Azure Stream Analytics for Real-time analytics
- Google Cloud Messaging and Apple push notifications service for Notifications
- Socket.io for Chat
- Integrate Live Score API
- FIFS Certification or License (for creating ethical gaming platform)
Backend team requirement for developing an app like FanDuel
- Android Developer
- iOS Developer
- Back-end Developer
- Project Manager
- Business Analyst
- QA Engineer
- UI/UX Designer
You can leave this work to the FanDuel app development company, and therefore you can get an app like FanDuel developed by skilled and experienced developers. This will take the development work off your shoulders and therefore you can focus on other important things while your app is being developed by the best FanDuel app development company.
Top 12 FanDuel App Alternatives
FanDuel brings an entirely new way of playing fantasy sports and is one of the most demanded Fantasy Sports App. The app provides a fun and fast-paced gaming experience and captivates the thrill of playing Fantasy Sports. The competition in the Fantasy Sports genre is fierce and there are various apps that give competition to the FanDuel App.
Here are the Top 12 FanDuel Alternative Apps:
- Yahoo Fantasy and Daily Sports
- Draftkings Fantasy Sports
- BetMGM – Sports Betting
- NFL Fantasy Football
- Boom Fantasy – Daily Fantasy
- Champions Round
How much does it cost to develop an app like FanDuel?
FanDuel like app development costs starts from $40,000 – $50,000 for a single platform (Android or iOS) with basic functionality. If you wish to develop an app with all the advanced features and functionalities, with support for multiple platforms, it may cost higher up to $500k.
The cost also depends on the company that you choose.
- Charges of a small company: $15 – $40 / hour
- Charges of an Intermediate company: $50 – $100 / hour
- Charges of an Enterprise-level company: $100 – $300 / hour
If you are looking for a mobile app and development company to develop an app like FanDuel, you can contact us. We have solid technical game developers who have developed various real money apps. To know more about our Real Money game development, check out our portfolio.
How much time does it take to develop a game like FanDuel?
It will take around 12 weeks to develop a real money app like FanDuel and the timeline can increase up to 20 weeks depending on the features and number of platforms.
Why is Capermint the best FanDuel like App Development Company?
Capermint Technologies is a leading FanDuel like game development company. Our team of Game Developers ensures that all your requirements are met in the game, and with advanced development skills, they incorporate the best features in the game. We have developed multiple real money games, and we also provide the after-launch services and maintenance for all the games that we develop. Our developers use the latest technology to develop the most advanced game that is user-friendly.
Here are some of the advantages of choosing Capermint Technologies as your FanDuel like game development company:
- Multiplayer and Real MoneyGame Development Specialists
- Supports cross-platform
- Seamless gaming experience
- Attractive UI and UX
- Expert 2D and 3D Game Developers
- Experienced Fantasy App Developers
Based on a report, the fantasy sports market is expected to reach $43.35 billion in 2026 at a CAGR of 13.6%. The increasing number of youths entering the fantasy market is immensely contributing to this growth.
As Fantasy Sports is a game of knowledge and not a game of luck, the laws across the world are also favorable for this real money game genre. Hence, developing and launching your own Fantasy Game will undoubtedly be profitable for you.
Stop thinking and start acting. Contact us now and start your Fantasy Sports App Development process with Capermint!