Building Your Own Sports Betting Website or App

Introduction

• Speaker: Dennis Babych, Director of a software development company
• Overview: Step-by-step guide to creating a sports betting platform or app, testing ideas, hiring teams, and saving money.

Utilizing AI in Betting Platforms

• AI as a powerful tool for creating unique, game-changing services.
• LangChain: An open-source framework for integrating AI models with external data sources.
  • Allows AI to reference vast databases for enhanced decision-making.
  • Can automate betting and improve predictions using data analysis.

Core Components of a Betting Platform

• Components to include:
  • Web and mobile apps for users.
  • Web-based admin zone.
  • Anti-fraud system to detect scams (KYC functionality).

Features of the Apps

• Mobile App Features:
  • User login, live betting, odds, payments, promotions, account settings.
• Web App Features:
  • Similar to mobile, with expanded functionality.
• Admin Zone:
  • User management, verifications, payment management, analytics, security.

Creating a Minimum Viable Product (MVP)

• Focuses on essential features to launch quickly and efficiently.
• Helps in gathering user base and attracting investors.
• MVP Approach: Prioritize core features, avoid unnecessary ones initially.

Pricing Strategies for Development

• Considerations include:
  • Quality assurance, bug fixing, project management, maintenance.
• Outsourcing to countries like Ukraine for cost-effective development.
  • Advantages: Strong math background, innovative thinking, good English skills.

Identifying MVP Features and Prioritization

• Use a modified Lean Canvas for business planning.
• Understand user groups' pain points and competitor strategies.
• Identify unique advantages to target early adopters.
• Plan for future growth and revenue generation strategies.

Marketing Strategies

• Emphasize memorable branding and unique offers.
• Use white and grey-hat methods for promotion (ads, affiliate marketing).

Wireframing and UI Design

• Wireframes help identify user flows and scenarios.
• UI design should cater to all age groups, focus on usability and simplicity.
• Strong brand identity is crucial for sales.

Technology Stack Choices

• Recommended tech stack:
  • Mobile: Flutter or React Native.
  • Backend: Python, Django, Node.js, C++, Golang.
  • Web: React, Vue.js, Angular.
  • Third-party services for payments and communications (Stripe, Twilio).

Agile Development Process

• Ensure effective communication as team size grows.
• Key practices include hiring a tech lead, implementing SCRUM, daily standups, and using tools like Jira.
• Importance of user analytics: Track performance using tools (Google Analytics, Firebase).

Conclusion

• Reach out for advice or insights on building a betting platform.
• Encouragement to take action and innovate.