How To Develop An App Like PrizePicks: A Complete Guide

In the era of fantasy sports apps, entering the field can bring vast opportunities for your brand.

You can capture this growing number of users by creating an app of their interest.

Now the question is, “How to create an app like PrizePicks?”

Let’s proceed with this guide to developing an app like PrizePicks.

About PrizePicks Fantasy App

PrizePicks is a daily fantasy sports app company that offers diversified lineups. It also combines the players from the NFL, NCAAF, CFL, CFB, NBA, NHL, and many others.

The app delivers the quality that users seek to enhance the overall experience. The platform offers a simple and fast way to play fantasy sports games.

Here, the users can select the type of fantasy sports that they want to engage with. A diversified type of sports offers a distinct pattern to capture users’ interest.

With over 1 million + downloads, the app represents a great demand among fantasy sports lovers.

The growing number of users can be one of the essential reasons to be considered for creating an app like PrizePicks.

Let’s consider more reasons in the given section.

Why Develop an App Like PrizePicks?

To create an app like PrizePicks, you need to be aware of the benefits it can offer.

Here’s a list of benefits that can be helpful.

► User Engagement

With a fantasy sports app, you can attract users irrespective of the websites. An app can be displayed over the mobile phones of the users that assist them in connecting with the brand.

Mentioning diversified features such as geolocation, gamification, etc, can assist in gaining users’ attention.

An app can help identify the type of fantasy sports most preferred by the target users.

► Provides Personalization

An app can be useful in ensuring personalization by connecting with a diversified audience and learning about their preferences with the fantasy sports app.

Creating an app like PrizePicks is an essential way to know the end user. In the current era, people prefer personalization and an app can be a way to engage the users.

► Provides Convenience and Flexibility

A fantasy sports app like PrizePicks can be a way to provide convenience to the users for selecting the top sports as per their preferences and then enjoying them.

Through the app, users can find it to enjoy sports anytime and anywhere. Here, they can create and join leagues according to their preferences.

► Opportunity to Earn Revenue

Create an app like PrizePicks and enjoy revenue models. With the help of an app, you can open diverse ways to engage users through monetization practices.

There are many monetization parameters to follow, such as in-app purchases, crowdsourcing, in-app advertising, and various others.

► Offers Valuable Data

Building an app like PrizePicks can be useful in gaining important insights related to users’ interest in fantasy sports.

An app can be effective in gathering useful data that will help develop features that are more engaging based on user demand.

► Strengthen Your Brand

With an app like PrizePicks, you may strengthen the brand by including an interactive design along with the right communication channel.

This app offers a way for the brand to learn more about the brand on the customer side.

Here, the users might use the data from the app to effectively understand the target audience.

These were some of the reasons to be considered for developing an app like PrizePicks.

How Does a Fantasy Sports App Like PrizePicks Work?

To understand how the application you plan to build works, you have to identify the key functionalities.

A daily fantasy sports app requires you to register on the platform so you have your own identity on the platform.

Later, you can easily play by depositing and choosing the league of your choice. To better understand the process, here are the steps involved.

Step 1 – Register for a PrizePicks Account

Start by entering your details, such as your name, email address, date of birth, and choosing a password. This username and password will serve as your login credentials for the platform.

While registering for the application, you also have the option to use your friend’s referral code, as it allows you to access signup bonuses that several existing users have to offer.

Step 2 – Complete Your Deposit

After you have created your profile, it is time to add funds to your account so you can start playing.

With the help of the deposit, you can start entering the leagues and games that you want to play. You also get to claim your welcome bonus as your first deposit, this way you can start curating your bets accordingly.

Step 3 – Choose 2-6 Player Statistics

To initiate your game, you need to choose your player stats. If you are new to daily fantasy games, it is recommended that you start by choosing 2-3 stats in the beginning, as it is considered safe.

However, there’s no denying the fact that 5-6 player stats can lead to better potential payouts.

Step 4 – Pick More or Less

Now, here comes the fun part: you have to pick more or less to line up all the scores. Once all your selections fall into place, you earn a significant amount based on the deposit you had made.

To make the decisions better, you can pull up their stats from the last 5 games, as well as their average during that season.

Step 5 – Pick Flex or Power Play

If we talk specifically about PrizePicks, it has two types of lineups, depending on how you want to play.

If you want a more aggressive approach towards your game, you can go for PowerPlay, or you can go for a safer way to play, which is FlexPlays.

It is safe, as even if you lose any of your picks, you still get a payout on the numbers that you have won on.

Step 6 – Choose Your Entry Fee

When using PrizePicks, you need a minimum of $1 in entry fees. The entry fee allows you to identify the potential earnings that you can get out of the fantasy game.

The more you invest in your entry fee, the more potential earnings you can get your hands on. The entire concept of daily fantasy revolves around how much you are willing to invest in your entry fee.

Step 7 – Submit Your Lineup

After you have made all the choices related to what you will deposit, what your entrance fees will be, and what kind of lineup you plan to pick, it is time to submit the final lineup.

Once this is submitted, you simply have to wait for the game to be over. Based on how the selected players perform, you will get the final payout automatically to your account.

These steps define the working of the PrizePicks app. If you are planning to build an app like PrizePicks, this is the workflow that you can refer to.

Of course, you can make changes and modify the same to give your daily fantasy app a unique experience.

Features of the PrizePicks App

PrizePicks, as you already know, is an interesting and engaging application that is designed to keep its users always on their toes with excitement.

For any application, it is only possible to do so if the application has enough engaging features that a user never gets bored with.

However, it is often difficult for a daily fantasy app to offer fresh features every now and then, as people are using it regularly.

But this is not exactly the case with the PrizePicks app, as it has some of the best features to offer to its users, making it one of the most amazing choices for users who are interested in daily fantasy leagues.

Let’s take a look at some of the interesting features that the PrizePicks app offers.

Features to Include in an App like PrizePicks

With all these features powering your fantasy sports app like PrizePicks, the user can enjoy an immersive experience, staying on top of their favorite games while enjoying the thrill of staying involved.

The idea is to make daily games more and more interactive and engaging. Needless to say, this selection of features can certainly get the job done.

These are all important features to be included when creating an app like PrizePicks.

Now the question is how to build an app like PricePicks.

Let’s check out the next section to discuss it.

Steps to Develop an App Like PrizePicks

How to create an app like PrizePicks?

To develop a fantasy sports app, it’s very important to follow the right sequence of steps.

Find them all here.

Step 1: Identify Value Proposition

You need to evaluate the value of your fantasy sports app in the market and need to create a unique value to entertain the target audience.

It’s essential to perform market research that will be effective for identifying the current scenario related to user’s demands and preferences.

This is the way through which you can provide value to the users and define it in terms of the service or product within the fantasy sports app.

You should be aware of the fantasy sports statistics and need to follow them to bridge the market gap.

Step 2: Define the Target Audience

You need to define the target audience and end customer of your fantasy sports app. This strategy will be effective in preparing a user persona and a journey map.

To identify the target audience, you should know current market demands and trends. Learning about fantasy sports trends can be effective here.

You should segregate the type of users and define the respective demographics that can be connected successfully.

Step 3: Create an MVP

Minimum Viable Product (MVP) is all about creating a version of the app that comes with essential features that can then provide important feedback for future product development.

MVP is essential to reducing the overall cost of creating an app like PrizePicks. This is a version that attracts early adopters and validate the fantasy sports app idea.

This will assist you in evaluating the current needs of your product in the market. This will help optimize the app and its features.

Step 4: Developing the Design

You should create a UI/UX app design in the next step. This should be simple and interactive to gain users’ attention.

Here, creating a prototype and wireframe can help identify the right design for your app. It is essential to make the responsive design of an app to effectively address user’s needs.

A design should be attractive, enabling the users to identify the pattern in that the users can get a simplified approach to continue with the gameplay.

Step 5: Selecting a Suitable Tech Stack

A tech stack is all about the set of technologies useful for creating an app that comprises programming languages, databases, frameworks, front-end and back-end.

Here you should select technologies based on the project’s aim and objectives. Under this step, it’s important to identify suitable front-end programming languages such as CSS, HTML, etc.

Additionally, you should select mobile app frameworks, cloud servers, native mobile app development, and the selection of platforms. It is the step to identify whether to go for which platform, iOS, Android or Hybrid.

Step 6: Develop Front-End and Back-End

This is the complete development of the app, where you should visualize the app and its result.

Selecting the type of platform and technology set for creating the back-end of the fantasy sports app.

Additionally, here you need to identify any APIs and third-party integrations essential for your app.

This step is the combination of front-end and back-end technologies for successfully addressing the project aim.

Step 7: Fantasy App Testing

Are you aware that fantasy sports apps like PrizePicks adopt a rigorous testing process?

Well, continuous mobile app testing is important for delivering a quality that will add to users’ experience and result in increasing the overall performance of the software.

You should reduce bugs and errors in the fantasy sports app by testing it and improving its responsive behavior.

Step 8: Launch and Maintenance

Now it’s time to launch the app on the date that might be proposed at the initial stage of the project. It’s essential to launch the app after testing it.

Here you can perform mobile app marketing to attract the target users.

Well, when you launch the app in the market, the work is half done. To stand out in the competitive landscape, you should be able to understand the importance of app maintenance.

You can hire effective app maintenance services to fix bugs, security updates, performance optimization, and performance monitoring.

By following these steps to build an app like PrizePicks, you should be able to lead the industry.

Under this app development process, you might be confused about the core technologies suitable for your fantasy sports app, right?

Well, we have covered the important technology list in the next section. Let’s discuss it together.

Key Technologies for Developing an App Like PrizePicks

The right combination of technologies is important to boost the performance of the overall app. With the help of a well-defined tech stack, the business can lay the foundation of the software.

Check out the table below to find out more.

 Apart from this, the type of technology set may change based on different parameters such as the objective of the app and the team of developers.

After learning about the technology set, let’s discuss the cost of creating an app like PrizePicks in the following section.

Cost to Develop an App Like PrizePicks

What’s the cost of creating a fantasy sports app?

The average cost to develop an app like PrizePicks can vary from $15,000 to $80,000.

Before deciding on the accurate cost of creating an app like PrizePicks, you should evaluate different factors impacting it.

These factors can be the complexity of the features and design, maintenance, security, type of technologies, and many other parameters.

After deciding on the cost, you should be able to identify strategies for earning money. Let’s switch to the next section to learn more.

How Do Fantasy Sports Apps Like PrizePicks Make Money?

When it comes to earning money via the app, it’s essential to channel it in a way that it doesn’t represent any additional parameter as per users.

Check out the top app monetization strategies in the list below.

• In-App Purchases

You may keep some of the features for basic or free use by the users and others for premium use.

For the premium features, you can charge the users an additional cost, this prize can become an additional source of income for your fantasy sports app.

• Advertising

By partnering with top brands, you can provide them with a space to promote their services or products.

You can run their ads across the app to have a permanent source of revenue with the help of your fantasy sports app.

• Crowdsourcing

Crowdsourcing is the monetization pattern where you can connect with the public and may invite them to invest in your app.

This strategy can be effective in saving time and money by tapping into people with diversified skills.

• Subscription Policy

You may fix a certain amount for the users who are frequent users of the app. Here, the monthly, one-time payment or recurring payment can be an option to be implemented.

This strategy will be meaningful for the users to provide them with subsequent benefits.

• Participation Fees

For contests, leagues, and even for app entry, you might charge a subsequent fee from the players.

This fee could count as a permanent source of revenue for fantasy sports apps like PrizePicks.

• Brand Partnering

You might partner with different brands to ensure special promotions for the app. Partnering with top brands can help you earn a decent amount.

This strategy can become a permanent source of revenue for your fantasy sports app.

There are certain monetization strategies that can be used to cover the cost invested in creating an app like PrizePicks.

Why Choose Nimble AppGenie to Develop an App Like PrizePicks?

If you are still confused about creating your personalized fantasy sports app, connecting with an experienced team of developers can be helpful here.

Partner with Nimble AppGenie, we are the best Fantasy Sports App Development Company focused on delivering quality.

Our team is determined enough to provide you with the app of your dreams, able to lead the industry.

With the latest technologies and market analysis, our developers are efficient in addressing your app’s issues.

Conclusion

To create an app like PrizePicks, it’s essential to know the right steps. PrizePicks is among the best apps for fantasy sports gameplay with a subsequent number of users.

Other than this, creating an app like PrizePicks can be effective in user engagement, earning revenue, making a revolution, and addressing growing market demand.

Initiating with the market analysis, identifying the core users, creating an MVP, selecting design, and ending on launching the app, as well as maintaining it.

You need to implement features such as leaderboards, notifications, real-time data analytics, and many others.

Apart from this, you should be aware of the cost along with the factors impacting it. You can connect with an experienced team of developers to learn more.

FAQs

Niketan Sharma

Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.