According to your Story, “Presently, the global market has more than 80 million fantasy sports players and it is growing with the rapid speed of 30 to 50% per year.”
In the coming three years the global market will reach 75-80 million users.
So, while seeing the craze if you are also planning to bring your own sports website, then in this article we brought the whole information that you should know before opting for fantasy sports website development services.
Before hiring a fantasy sports website developer, set your objectives in detail and make a plan for how you will reach it.
There are various steps on which as an entrepreneur you have to focus on.
Set your objectives and have proper planning by digging the market condition.
A large number of people are playing fantasy sports online because it is easy to use and one can play according to its convenience.
Fantasy sports is a good platform for entertaining but besides this the best part of playing fantasy sports online you can earn a lot of money with a little investment.
Fantasy premier league is a virtual game where you get to choose your own team of 11 players and you can play a cricket match in real-time.
Winning depends on how well you select 11 players and how they perform in real matches if your selected player performs best in real matches you get maximum points so it’s very important to create your team carefully.
Through this, the fans can make their own teams by choosing the players who they think will perform better than the rest.
Fantasy sports app is just about enthusiasm, fun, passion, expectation and in particular money rewards in terms of bonus and real cash prizes a fan can get.
Furthermore, the popularity of Fantasy Sports App is expected to rise in the upcoming years.
The gap between 67% awareness and 10% adoption signifies that the future is bright for this industry in the Indian market.
2 out of 3 which means 67% of the 18 crore online Indian cricket fans are well known with the concept of fantasy sports.
Dream11 is the leading fantasy cricket sports application platform that doesn’t require any introduction amongst sports fans in India.
Sports app platform like Dream 11 is all about passion, fun, excitement, anticipation and most importantly rewards in term of bonus and cash prizes a sports lover can achieve.
Highlights of a Business Model:
A user can sign up for free
A user can enter Dream11 referral coupon code that is received from other users at the time of signing up and can earn certain signup bonus money too.
When users settle his/her fantasy team by choosing a captain and vice-captain of a team, it’s an ideal opportunity to join the available contest by paying specific entry fees, and this is the hot spot from where App like Dream11 wins a large portion of its revenue.
Likewise, to set up a fantasy team, the user gets a specific deadline before which each interested user must prepare(and additionally edit) a team and join somewhere around one contest to turn out to be a piece of this dream.
This is said to be a 37% rise from a year ago after increasing just 16% over the previous three years merged.
Furthermore, the popularity of Fantasy Sports App is predicted to rise in the upcoming years.
The number of Active Users: 6 crores+
The number of downloads: 5 crores+
The number of Active Users: 50 million+
The number of downloads: 5 lacs+
