{"id":4319,"date":"2021-03-10T06:52:38","date_gmt":"2021-03-10T06:52:38","guid":{"rendered":"https:\/\/www.arkasoftwares.com\/blog\/?p=4319"},"modified":"2024-04-24T07:05:27","modified_gmt":"2024-04-24T07:05:27","slug":"develop-fantasy-sports-mobile-app-like-dream11","status":"publish","type":"post","link":"https:\/\/www.arkasoftwares.com\/blog\/develop-fantasy-sports-mobile-app-like-dream11\/","title":{"rendered":"How to Develop Fantasy Sports Mobile App like Dream11?"},"content":{"rendered":"<p><span style=\"color: #000000;\">With recent market reports to be believed, the global e-sports market revenue is anticipated to reach <strong style=\"font-weight: 600;\">$2,174.8 million<\/strong> by the year <strong style=\"font-weight: 600;\">2023<\/strong>, with growth at a CAGR of <strong style=\"font-weight: 600;\">18.61%<\/strong> during the forecast period.<\/span><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Unbeknownst to us, with the escalating prominence of video games and e-sports, the number of e-sports events across the world has also increased.<\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\"> You can see the live streaming of gaming tournaments on portals such as YouTube and Twitch.TV is trending as well. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">While in comfort, you can see the live streaming of gaming tournaments on portals such as YouTube and Twitch.TV\u00a0is trending as well. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">So as the prominence and live streaming of e-sports are growing, demand for e-sports fantasy leagues will also rise. It is because here fans are allowed to create their own fantasy sports league teams based on the live matches. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">This way, the rising popularity of e-sports has, in a way, triggered the growth of the fantasy sports app development\u00a0market.<\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"What_is_Fantasy_Sports\"><\/span>What is Fantasy Sports?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Well, not everyone has the exact idea of what fantasy sports games are. So, for those who don\u2019t know, Fantasy Sports is a game where the participants create their own virtual or imaginary teams with the use of real players from different teams scheduled to play in a match or a league. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">The win or loss depends on the real performance of the players on their fantasy team.<\/span><\/p>\r\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"How_is_Fantasy_Sports_App_different_from_Sports_Betting\"><\/span><span style=\"color: #000000; font-size: 18pt;\">How is Fantasy Sports App different from Sports Betting?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><img data-dominant-color=\"dbd8d2\" data-has-transparency=\"false\" style=\"--dominant-color: #dbd8d2;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-6806\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2019\/02\/Fantasy-Sports-Industry-Statistics-2.jpg\" alt=\"Sports App is Different From Sports Betting\" width=\"776\" height=\"327\" \/><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"Fantasy_Sports_Global_Market_and_Trends\"><\/span>Fantasy Sports Global Market and Trends<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"color: #000000;\">Meanwhile, the increased usage of smartphones and high internet penetration, mainly in APAC, are certain to drive the market during the forecast period that is present in this report, &#8220;<span style=\"color: #0874b9;\"><a style=\"color: #0874b9;\" href=\"https:\/\/www.researchandmarkets.com\/research\/qqhzv8\/global_fantasy?w=5\" target=\"_blank\" rel=\"nofollow noopener\">Global Fantasy Sports Market 2024-2028<\/a><\/span><strong style=\"font-weight: 600;\">&#8221; <\/strong>by ResearchAndMarkets.com.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">As mentioned above, as per this report, the fantasy sports market is poised to grow by <strong>$6.11 billion during 2022\u20132026<\/strong>, progressing at a <strong>CAGR of 6.51%<\/strong> during the forecast period. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">When high Internet penetration is combined with the rising usage of affordable smartphones, the number of players who participate in fantasy sports surges exponentially. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">This rise in sports gaming enables fans to engage a lot more with fantasy sports, like Fantasy football, Fantasy Cricket, Fantasy basketball, Fantasy baseball, etc.<\/span><\/p>\r\n<h3><span id=\"Some_other_related_facts_in_the_arena_of_Fantasy_Sports_around_the_world_are\">Some other related facts in the arena of Fantasy Sports around the world are:<\/span><\/h3>\r\n<ul>\r\n<li><strong>53%<\/strong>\u00a0of the players are primarily using their mobile devices for fantasy sports.<\/li>\r\n<li><strong>54%<\/strong>\u00a0of fantasy sports users are aged between\u00a0<strong>18 and 34<\/strong>.<\/li>\r\n<li>Prominent Fantasy Sports are Basketball, NCAA Football, Baseball and Soccer.<\/li>\r\n<li>The fantasy sports app is among the fastest-expanding businesses in the world.<\/li>\r\n<li>The global fantasy sports market is expected to reach <strong>$38.60<\/strong> billion in <strong>2025<\/strong> at a <strong>CAGR of 14.7%.<\/strong><\/li>\r\n<li><strong>7 million<\/strong> players exclusively play fantasy sports daily.<\/li>\r\n<li><strong>53%<\/strong> of the players primarily utilize their smartphones to play fantasy sports.<\/li>\r\n<li>Dream11 is undoubtedly the largest downloaded fantasy sports app in India, with 20 million+ users.<\/li>\r\n<\/ul>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"Fantasy_Sports_Market_and_Trends_Worldwide\"><\/span>Fantasy Sports Market and Trends Worldwide<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">O<\/span><span style=\"color: #000000;\">ne needs to take a step back in time in order to understand the emergence of the Fantasy Sports League. So it was in the year <strong style=\"font-weight: 600;\">1952<\/strong> in the USA when Fantasy Sports first came into existence.<\/span><\/p>\r\n<figure id=\"attachment_25344\" aria-describedby=\"caption-attachment-25344\" style=\"width: 798px\" class=\"wp-caption aligncenter\"><img data-dominant-color=\"9dbbc5\" data-has-transparency=\"false\" style=\"--dominant-color: #9dbbc5;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent wp-image-25344\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2021\/03\/IRTNTR40508.jpg\" alt=\"Global Sports Market\" width=\"798\" height=\"449\" \/><figcaption id=\"caption-attachment-25344\" class=\"wp-caption-text\">Image Credit: <a href=\"https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40508&amp;type=sample#utm_source=pressrelease&amp;utm_medium=bw&amp;utm_campaign=t25_wk46_rfs%28middle%29&amp;utm_content=IRTNTR22148\" target=\"_blank\" rel=\"nofollow noopener\">technavio.com<\/a><\/figcaption><\/figure>\r\n<p align=\"justify\">\u00a0<\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">According to a recent market study by Technavio, the fantasy sports market is expected to increase by<strong>\u00a0USD 6.11 billion\u00a0from 2021 to 2026<\/strong>, with an accelerated CAGR of <strong>6.51%<\/strong>.<\/span><\/p>\r\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Fantasy_Sports_Market_in_India\"><\/span>Fantasy Sports Market in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n<p align=\"justify\"><span style=\"color: #000000;\"><img data-dominant-color=\"c4c6bf\" data-has-transparency=\"false\" style=\"--dominant-color: #c4c6bf;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-6805\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2019\/02\/Indian-Users-1.png\" alt=\"fantasy sports app development\" width=\"502\" height=\"456\" srcset=\"https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2019\/02\/17121444\/Indian-Users-1.png 746w, https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2019\/02\/17121444\/Indian-Users-1-300x273.png 300w\" sizes=\"(max-width: 502px) 100vw, 502px\" \/><\/span><\/p>\r\n<p align=\"justify\">\u00a0<\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">In the nation of India, the penchant for fantasy sports is here to stay and will grow only bigger in the coming years. In many ways, the <span style=\"color: #0874b9;\"><a style=\"color: #0874b9;\" href=\"https:\/\/www.arkasoftwares.com\/blog\/101-facts-about-fantasy-sports-industry\/\" target=\"_blank\" rel=\"noopener\">sports and gaming industry <\/a><\/span>is very capable of breaking all the records when it comes to engaging sports fans and testing their skills and knowledge of their much-loved sports. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">In fact, be prepared if, in the coming times, we see all of the sports leagues in India offer their own fantasy leagues to sports aficionados. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">For instance, you must already have heard of the Indian Premier League (<strong style=\"font-weight: 600;\">IPL<\/strong>) and Indian Super League (<strong style=\"font-weight: 600;\">ISL<\/strong>) running their own official fantasy leagues in India.<\/span><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<h3><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">To understand the craze for a Fantasy league, have a look at India\u2019s first report on the growth of the Fantasy Sports Industry, which states:<\/span><\/strong><\/h3>\r\n<ul>\r\n<li><span style=\"color: #000000;\"><strong style=\"font-weight: 600;\">89%<\/strong> of the users play fantasy sports at least once a month.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">With <strong style=\"font-weight: 600;\">20 million users<\/strong> in the year <strong style=\"font-weight: 600;\">2018 and 80 million+ users in the year 2020, <\/strong>rapid growth has been registered in the last two years.<\/span><\/li>\r\n<li><span style=\"color: #000000;\"><strong style=\"font-weight: 600;\">60<\/strong> operators and growing: India fast becoming the battlefield of fantasy sports operators<\/span><\/li>\r\n<li><span style=\"color: #000000;\">The gap between <strong style=\"font-weight: 600;\">67%<\/strong> awareness and <strong style=\"font-weight: 600;\">10%<\/strong> adoption signals massive growth potential for the industry.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Dream11 has around <strong style=\"font-weight: 600;\">1.8 crore users<\/strong> and this way, the platform enjoys being the biggest player in this race of fantasy sports players.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">As per the IFSG-AC Nielsen report, 2 out of 3, which is <strong style=\"font-weight: 600;\">67%<\/strong> of the\u00a0<strong style=\"font-weight: 600;\">18 crore<\/strong> online Indian cricket enthusiasts, know about fantasy sports.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Speaking of engaging, users today are spending <strong style=\"font-weight: 600;\">42 minutes a day<\/strong> playing fantasy sports applications.<\/span><\/li>\r\n<\/ul>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"Brand_Promotions_via_Fantasy_Sports\"><\/span><span style=\"color: #000000; font-size: 18pt;\">Brand Promotions via Fantasy Sports<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Besides, the use of fantasy sports is proving to be pivotal for brand promotion as well. There are numerous big brands that use fantasy leagues in order to market their products. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">What these global brands do is use fantasy sports for promotion, with the main aim of targeting high-income customers ages 25<strong style=\"font-weight: 600;\"> to 50.<\/strong><\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">This surge of advertisers is anticipated to continue over the next few years and promote market growth. <\/span><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<div class=\"custom_vedio\"><iframe loading=\"lazy\" title=\"Urban Company 5 Year Journey\" src=\"https:\/\/www.youtube.com\/embed\/8AK9VP0nuuE\" width=\"100%\" height=\"500\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/iframe><\/div>\r\n\r\n<p align=\"justify\"><span style=\"color: #000000;\">Think of \u2018Fantasy Sports\u2019 and tell us the one name that instantly clicks in your mind. Dream11 is it, isn\u2019t it? In this world full of sports enthusiasts, what fuels them further is the mention of fantasy sports. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">These sports freaks just love the idea of participating in their favorite sports, be it through virtual means or otherwise. And Dream11 has proven to be a milestone in this regard and has led to numerous big names coming up in the arena of fantasy sports.<\/span><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Meanwhile, coming back to Dream11, it is India\u2019s one of the fastest-growing <\/span>Fantasy Sports League platforms<span style=\"color: #000000;\"> offered to both iOS and Android users via its mobile apps and website. It has a rapid growth base of <strong>20 million+ users.<\/strong><\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">The ever-trending platform was founded by one crazy fantasy sports fan, Harsh Jain, with his co-founder in 2011, and they started working on the platform since then. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Upon its launch during the Indian Premier League season in 2018, they launched it under the name \u2018Dream11\u2019, through various online and offline media channels, with Indian cricketer Mahendra Singh Dhoni as its brand ambassador. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">Today, Dream11 is among the most prominent and successful platforms, with a rapid growth base of <strong>55 million+ users.<\/strong><\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"What_are_the_types_of_contests_one_can_play_in_Dream11\"><\/span>What are the types of contests one can play in Dream11?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"color: #000000;\">So, there are three types of contests one can participate in. They are:<\/span><\/p>\r\n<table class=\"table table-bordered\">\r\n<tbody>\r\n<tr>\r\n<th style=\"text-align: center;\"><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Head-to-Head<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">Here, two players create a contest, investing an amount of <b>Rs. 100\u2013100<\/b>\u00a0each. Upon winning the prize money, a certain part of the winning amount goes to Dream11. <\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Private Contest<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">Here, around three to five players create a contest and participate in it. And upon winning the prize money, a certain share of the amount goes to Dream11.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Public Contest<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">Here, the contest is created by the Dream11 app itself, where hundreds to millions of players participate and the winners are also a number of people. So here as well, a certain share of the winning prize from each winner\u2019s amount goes to Dream11.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_Business_Model_of_Dream11\"><\/span>What is the Business Model of Dream11?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Now comes the <a href=\"https:\/\/www.arkasoftwares.com\/blog\/on-demand-business-model-app-best-bet-for-startups\/\" target=\"_blank\" rel=\"noopener\">business model<\/a> of Dream11. So how does the app function? Well, in the case of fantasy sports business models, they are specially designed and evolved around real sports, real players, and their real fans. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">This way, sports enthusiasts have the chance to actively participate in real sports games through fantasy sports. The same is the case with Dream11, which again works on the very same idea<\/span>.<\/p>\r\n\r\n\r\n<p><span style=\"color: #000000;\"><img data-dominant-color=\"966dc3\" data-has-transparency=\"false\" style=\"--dominant-color: #966dc3;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent wp-image-4336 size-full aligncenter\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2019\/02\/Convert-your-app-1.jpg\" alt=\"fantasy sports app Development\" width=\"360\" height=\"280\" \/><\/span><\/p>\r\n\r\n<p><strong><span style=\"color: #000000;\">Thus, here the business model of Dream11 has been provided:<\/span><\/strong><\/p>\r\n<ul>\r\n<li><span style=\"color: #000000;\">Firstly, it allows users to sign up for free.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Users can simply enter the referral coupon code they received from other users during the signup process and thus, they can earn a certain amount of signup bonus. Also, the referral also gets paid a specific bonus amount for referring to the app.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">For each match, the user gets a chance to make her or his own fantasy team of 11 players (this is why it is named Dream11), as they like the contestant teams with specific game rules of how many players they can select from each team and type (batsman, bowler, all-rounder). <\/span><\/li>\r\n<li><span style=\"color: #000000;\">The user is assigned a specific budget (say <strong style=\"font-weight: 600;\">100 credits<\/strong>) as s\/he creates a new fantasy team and here s\/he can spend that budget by including the player of their choice. Each of the players costs a certain amount of credit, and this is where the user will have to stay within a certain budget by picking the best players in a team. <\/span><\/li>\r\n<li><span style=\"color: #000000;\">Once the dream team has been finalized by the user by choosing a captain and a vice captain, it is now time that they join the available contest by paying a specific entry fee, and this is where Dream11 is earning most of the revenue. <\/span><\/li>\r\n<li><span style=\"color: #000000;\">For each contest, there is a specific winning amount and a limitation on how many teams can participate. At the same time, to prepare a dream team, users get a specific deadline prior to which each interested user should prepare, edit, and join at least one contest to become a part of it.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">On the basis of the contest and the number of teams who joined the platform, the total number of teams that are going to be winning and the winning amount will be distributed as per their rankings.<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Prior to a real sports event kicking in, the Dream11 platform announces the lock-in period. There cannot be any new team enrollments or changes in the team during the lock-in period, as it is not allowed. And as the real game starts, the thrill begins.<\/span><\/li>\r\n<\/ul>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"Why_is_now_the_right_time_to_invest_in_Fantasy_Sports_Business_in_India\"><\/span><span style=\"color: #000000;\">Why is now the right time to invest in Fantasy Sports Business in India?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">There are countless opinions that vouch why it is the best time to invest in a<\/span> fantasy sports business<span style=\"color: #000000;\">. First of all, the platform is hugely popular, and with increased usage of smartphones and high internet penetration, more and more people are participating in it. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Also, with so many people enjoying taking part in fantasy sports, this is the time when businesses can utilize the platform to market their products and services.<\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Moreover, the fantasy sports market is going to be cut through competition in the future, so it is the right time to launch a fantasy sports business to ensure a lion&#8217;s share in the growing fantasy sports industry.<\/span><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<p><span style=\"color: #000000;\"><\/span><\/p>\r\n<p><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"What_are_the_features_and_functionalities_of_Fantasy_Sports_App\"><\/span><span style=\"color: #000000;\">What are the features and functionalities of Fantasy Sports App?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<h3 style=\"text-align: left;\"><span style=\"color: #000000;\">User Panel <\/span><span style=\"color: #000000;\">Features<\/span>:<\/h3>\r\n<table class=\"table table-bordered\" style=\"height: 700px;\" width=\"821\">\r\n<tbody>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Home Screen<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">As soon as the app is opened by the user, he or she will first land on this screen after logging in. Here they can find entire match listings, and the search can be filtered by Matches, Sports Type (Football, NBA, Cricket), Match Category (Live\/Ongoing match, Upcoming match, results.) Match listings may comprise the name of the tournament, match timing (date and time), Team 1 (name with image), and Team 2 (name with image).<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Browse Sports\u00a0\u00a0<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">In this section, users can browse all of the sports that are offered by the platform.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">My Profile (Dashboard)<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the user can maintain his or her profile on the Fantasy Sports platform.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Create\u00a0 Contest<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">With just a single tap, a user can create their own contest simply by submitting the following details: total winning amount (maximum and minimum), contest name, contest size (min. 2 and max. 100), and entry fee (which is calculated based on the total prize amount and selected contest size). Allow multiple teams, yes or no.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Join the contest<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">First, the contest creator is required to join the contest prior to creating it.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Invite &amp; Earn<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">Here, users can invite their friends to join the contest by sharing the app UR with them. As their friends use this referral code while joining, the user will receive a bonus amount.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Winning history<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">This section shows the winning history of the user, like the number of wins they have had in the past.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Playing history<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">This section shows the number of games the users have participated in.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Wallet<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">This is the virtual wallet of the user, from which the winning amount can be withdrawn as well as the money that can be transferred while participating in the game.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n<h3><span style=\"color: #000000;\">Admin Panel <\/span><span style=\"color: #000000;\">Features<\/span><span style=\"color: #000000;\">:<\/span><\/h3>\r\n<table class=\"table table-bordered\">\r\n<tbody>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Role-Based Dashboard<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">This section gives statistics on the field, like total matches (both played and ongoing), total Contestants and entire earnings. <\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Manage Users<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the admin can manage the entire user account, such as Edit\/Delete\/Activate\/Deactivate\/Add Accounts.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Manage Contest<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the admin can manage entire match contests, such as edit, delete, add, activate, or deactivate contests.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">View Earnings<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the admin can view the entire earnings from the app with different filters.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Manage Reward Points<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the admin can manage the reward points earned by the user.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Manage Bank Withdrawal Request<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, the admin can view the entire request from contestants to withdraw the winning amount into their preferred bank. Here, the admin is authorized to accept or reject bank details and accept or reject pan card details. View the entire contestant list (both approved and rejected), and send the money to the contestant.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Manage Cash Bonus<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">Admin can manage the cash prize and bonus offered to participants.<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th><strong style=\"font-weight: 600;\"><span style=\"color: #000000;\">Content Management System (CMS)<\/span><\/strong><\/th>\r\n<td><span style=\"color: #000000;\">From here, Admin can manage sections such as Contact Us, About Us, Points System, Help, and many other sections.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n\r\n\r\n<p><span style=\"color: #000000;\"><img data-dominant-color=\"5a6398\" data-has-transparency=\"false\" style=\"--dominant-color: #5a6398;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-4353 size-full\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2019\/02\/Hire-proficient-team-for-Mobile-App-Development.jpg\" alt=\"Hire Mobile App Developer\" width=\"1000\" height=\"140\" \/><\/span><\/p>\r\n\r\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Additional_Features_of_Fantasy_App\"><\/span><span style=\"color: #000000;\">Additional Features of Fantasy App<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<h3><span style=\"color: #000000;\">1. Live Match Score: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">From here, the user can watch the live scores from various matches and sports, as well as expert analysis, game highlights, and original video programs.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">2. CRM integration:<\/span><\/h3>\r\n<p><span style=\"color: #000000;\"> Here, the app is integrated with a back-end service provider and it is helpful in managing tickets, sending emails, tracking user location, and pushing notifications. It proves a lot useful in several other ways as well.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">3. CMS Integration: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">Standing for Content Management System, from here, the user can manage the entire content of the app.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">4. Players Record: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">This section shows the record of each player so that the user can see the records of each player and decide on the selection of players accordingly.<\/span><\/p>\r\n\r\n<p><img data-dominant-color=\"7f7c67\" data-has-transparency=\"false\" style=\"--dominant-color: #7f7c67;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent  wp-image-25374 aligncenter\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2021\/03\/dream11-app-features.png\" alt=\"Fantasy Sports app Development \" width=\"788\" height=\"402\" srcset=\"https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2021\/03\/17134958\/dream11-app-features.png 989w, https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2021\/03\/17134958\/dream11-app-features-300x153.png 300w, https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2021\/03\/17134958\/dream11-app-features-768x392.png 768w\" sizes=\"(max-width: 788px) 100vw, 788px\" \/><\/p>\r\n<h3><span style=\"color: #000000;\">5. Push Notifications: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">Using this feature, messages and alerts can be sent to users to inform them about when to create a team, when a match will begin, etc. <\/span><\/p>\r\n<h3><span style=\"color: #000000;\">6. Real-time Analytics: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">This technology proves helpful, especially in the case of apps that require the app to be captured in real-time. The data is stored constantly and updated in real-time.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">7. GPS Location Tracking: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">This feature is useful to send out alerts &amp; push notifications to users regarding upcoming\/ongoing leagues &amp; matches near their location.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">8. Custom Mail Reminder System: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">Custom emails are sent to participants to inform them regarding the upcoming matches, as well as information in regard to the selected players\/team.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">9. Multiple Payment System: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">There are several payment modes for this kind of app, ranging from <a href=\"https:\/\/www.arkasoftwares.com\/blog\/how-much-does-it-cost-to-develop-an-e-wallet-mobile-app\/\" target=\"_blank\" rel=\"noopener\">e-Wallet<strong>,<\/strong><\/a> Netbanking, or debit\/credit cards.<\/span><\/p>\r\n<h3><span style=\"color: #000000;\">10. Loyalty Programs: <\/span><\/h3>\r\n<p><span style=\"color: #000000;\">This is quite useful to keep the user glued to the app, in the form of referral points and others.<\/span><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"What_makes_web_applications_important\"><\/span><span style=\"color: #000000;\">What makes web applications important?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Well, many times, a certain group of users doesn\u2019t like to install the mobile app, due to several reasons: that it slows their phone, that they may have less storage capacity, or several other obvious reasons. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">So, in that case, a fantasy sports web application can prove to be great, as many users can take part in the platform without the need to install the app on their mobile phone, as the web apps work on the browser.<\/span><\/p>\r\n\r\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"The_Architecture_of_Dream_11-They_Call_It_Aryabhatta\"><\/span><span style=\"color: #000000;\">The Architecture of Dream 11\u2014They Call It Aryabhatta<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><img data-dominant-color=\"dbdddd\" data-has-transparency=\"false\" style=\"--dominant-color: #dbdddd;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-39919 size-full\" src=\"https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2024\/03\/13115842\/what-is-dream11-Aryabhatta-1-jpg.webp\" alt=\"what is dream11 Aryabhatta\" width=\"662\" height=\"837\" srcset=\"https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2024\/03\/13115842\/what-is-dream11-Aryabhatta-1-jpg.webp 662w, https:\/\/live-arkasoftwares.s3.amazonaws.com\/uploads\/2024\/03\/13115842\/what-is-dream11-Aryabhatta-1-237x300.webp 237w\" sizes=\"(max-width: 662px) 100vw, 662px\" \/><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"What_Team_Structure_is_required_for_Fantasy_App_Development\"><\/span><span style=\"color: #000000;\">What Team Structure is required for Fantasy App Development?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">For developing superior quality mobile applications, you will need a proficient <\/span>fantasy <a href=\"https:\/\/www.arkasoftwares.com\/fantasy-sports-app-development\/\" target=\"_blank\" rel=\"noopener\">sports app development company<\/a> <span style=\"color: #000000;\">that is comprised of a skilled pool of subject experts, developers, designers, and testers. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Thus, it becomes significant that you select a dexterous app development partner that is imbibed with true potential for <a href=\"https:\/\/www.arkasoftwares.com\/blog\/how-to-create-an-app\/\" target=\"_blank\" rel=\"noopener\">developing your mobile app.<\/a><\/span><\/p>\r\n<h3><span style=\"color: #000000;\">Team Structure<\/span><\/h3>\r\n<ul>\r\n<li><span style=\"color: #000000;\">Project manager<\/span><\/li>\r\n<li><span style=\"color: #000000;\">UX UI Designers<\/span><\/li>\r\n<li><span style=\"color: #000000;\">iOS Developer<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Android Developer<\/span><\/li>\r\n<li><span style=\"color: #000000;\">Backend Developers<\/span><\/li>\r\n<li><span style=\"color: #000000;\">QA Professional<\/span><\/li>\r\n<\/ul>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_Revenue_Model_of_Dream11\"><\/span><span style=\"color: #000000;\">Wh<\/span><span style=\"color: #000000;\">at is the Revenue Model of Dream11?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">The case with Dream11 is that it is a freemium fantasy cricket game, which means that here the users can join any contest for free or by paying a given entry fee. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Now, due to its business model, in the beginning, you won\u2019t see the first single coin of net profit unless a few million users have joined the platform. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Like millions of users participating in Dream11 every day, it is tough to predict the exact revenue that is earned by Dream11 each day. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">However, on the basis of the given contest, entry fee, number of teams, and winning amount for each contest, the lump-sum revenue can be calculated.<\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Each day, Dream11 tends to launch 15\u201317 high-valued contests and 20\u201330 low-valued contests, with a total winning sum ranging from <strong style=\"font-weight: 600;\">INR 3 Crore (US$450000)<\/strong> to som<\/span><span style=\"color: #000000;\">ething as minimum as <strong style=\"font-weight: 600;\">INR 5000 (US$75)<\/strong>. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Meanwhile, the other 100 head-to-head &amp; private contests aren\u2019t considered here in this list.<\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Putting together all of these above calculations, it is expected that Dream11 earns revenue of <strong style=\"font-weight: 600;\">INR 4-6 crores<\/strong> <strong style=\"font-weight: 600;\">(US$600,000\u2013$900,000)<\/strong> from each of the matches. This may vary as per the popularity &amp; fan base of the playing teams &amp; nations. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Not just Dream11, but this business and revenue model could be applied to other fantasy sports businesses existing around the world with their own variations &amp; game rules.<\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"How_much_does_it_Cost_to_Develop_an_App_like_Dream11\"><\/span><span style=\"color: #000000;\">How much does it Cost to Develop an App like Dream11?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n<p><img data-dominant-color=\"49452a\" data-has-transparency=\"false\" style=\"--dominant-color: #49452a;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-4326\" src=\"https:\/\/live-arkasoftwares.s3.us-east-1.amazonaws.com\/uploads\/2019\/02\/WelcomeBountifulAnnelid-small.gif\" alt=\"Mobile App Development Cost\" width=\"484\" height=\"275\" \/><\/p>\r\n\r\n<p align=\"justify\"><span style=\"color: #000000;\">You have the opportunity to turn into a successful entrepreneur by making some investments in the fantasy sports business by teaming up with the top fantasy sports<\/span> <a href=\"https:\/\/www.arkasoftwares.com\/services\/mobile-app-development-company\" target=\"_blank\" rel=\"noopener\">mobile app development agency<\/a><span style=\"color: #000000;\"> that has rich experience in creating fantasy sports mobile apps. <\/span><\/p>\r\n<p align=\"justify\"><span style=\"color: #000000;\">These companies are proficient at creating mobile apps for both iOS and Android platforms, and the total <a href=\"https:\/\/www.arkasoftwares.com\/blog\/mobile-app-development-cost\/\" target=\"_blank\" rel=\"noopener\">cost to develop apps<\/a> for both platforms with the backend is certain to be somewhere between <strong style=\"font-weight: 600;\">USD $15,000 and $30,000<\/strong>.<\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"You_need_to_know_the_Legal_Aspects_of_Indian_Fantasy_Sports\"><\/span><span style=\"color: #000000; font-size: 18pt;\">You need to know the Legal Aspects of Indian Fantasy Sports<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p align=\"justify\"><span style=\"color: #000000;\">Talking specifically of India, let us tell you that participating in Fantasy Sports is absolutely legal in India, as the Indian legal system clearly separated fantasy sports from gambling or betting activities, and describes it as a game of skill, where sports enthusiasts come together to create their respective team by combining the players, who they think would perform better than the rest in the real-field game.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">As per the Central Government Act, \u201cThe Public Gambling Act, 1867, comprising of 18 Sections, in Section 12 states, \u201cNothing in the provisions of this Act contained shall be held to apply to any game of mere skill wherever played.&#8221;<\/span><\/p>\r\n<p><span style=\"color: #000000;\">By this, it is clear that Fantasy sports are a game of skill and it is excluded from the Gambling Act of 1867, thus safe to play.<\/span><\/p>\r\n\r\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"color: #000000;\">Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"color: #000000;\">Fantasy Sports App are among the biggest buzzword in this digital era. It offers entrepreneurs an opportunity to capitalize on the passion of people for games like cricket, football, baseball, basketball, and many more. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">The unprecedented obsession with sports among youth has stirred organizations to foray into the field of fantasy game application development.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">A virtual fantasy sports app lets users immerse themselves in a virtual world of gaming and forget their stressful lifestyle and offers opportunities to earn cash prizes and rewards. <\/span><\/p>\r\n<p><span style=\"color: #000000;\">We truly hope that you will gain vital insights into the <a href=\"https:\/\/www.arkasoftwares.com\/fantasy-sports-app-development\" target=\"_blank\" rel=\"noopener\">fantasy sports app development<\/a> process, its cost, and other prospects.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">If you have a unique app idea and you are planning to develop an app like Dream11, then this is the right time to go ahead and venture into this ever-emerging and competitive arena of fantasy sports apps.\u00a0 All you need to do is contact us, and we will help you launch your own customized fantasy sports application.<\/span><\/p>\r\n<p><span style=\"color: #000000;\">Arka Softwares is a renowned <a href=\"https:\/\/www.arkasoftwares.com\/services\/mobile-app-development-company\">app development company in India<\/a>. We command technical prowess and extensive industry experience, and we can transform your unique idea into a successful fantasy sports app.\u00a0<\/span><\/p>\r\n<p><span style=\"color: #000000;\">It is never too late. <a href=\"https:\/\/www.arkasoftwares.com\/contact-us\" target=\"_blank\" rel=\"noopener\">Contact us<\/a> today to get a quote.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>With recent market reports to be believed, the global e-sports market revenue is anticipated to reach $2,174.8 million by the year 2023, with growth at a CAGR of 18.61% during&nbsp;[\u2026]<\/p>\n","protected":false},"author":11,"featured_media":12072,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1682],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/posts\/4319"}],"collection":[{"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/comments?post=4319"}],"version-history":[{"count":19,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/posts\/4319\/revisions"}],"predecessor-version":[{"id":40624,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/posts\/4319\/revisions\/40624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/media\/12072"}],"wp:attachment":[{"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/media?parent=4319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/categories?post=4319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.arkasoftwares.com\/blog\/wp-json\/wp\/v2\/tags?post=4319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}