This culture has now been adopted by people from all across the world, and budding entrepreneurs like you are launching new sportsbook platforms to meet their expectations. Today, online sports betting is a lucrative market and it is a smart decision for you to create your own platform and grab this thriving opportunity. 

But. as there are already so many sports betting platforms available online, it is a challenge for you to stand out in the crowd. Therefore, you will need the help of experts in the process! So, hiring the best sportsbook software provider in Myanmar can be an ideal first step. Next, you can let the experts do the things they are proficient in to create a high-performance sports betting platform under your brand’s name. 

But how do you pick the best service provider from hundreds of options out there? Well, this article brings to you a solution to that problem. Here, you will find the 10 best sportsbook solutions providers in Myanmar, filtered out from the crowd for you to easily pick the ultimate one. Now, these companies listed below are compared thoroughly based on various factors, proving they are worthy to be part of this list. 

Read this article till the end, and you can quickly commence with your sportsbook project by partnering with an industry expert. 

Have a Closer Look at the 10 Proficient Sports Betting Platform Providers in Myanmar

1. TRUEiGTECH

TRUEiGTECH has proven its excellence and brilliance in providing its clients with the best sportsbook solutions. With a successful track record, TRUEiGTECH is undoubtedly the best sports betting solution provider in Myanmar and also has exposure across 50 more countries. So, you can consider availing global sportsbook solutions upon choosing TRUEiGTECH as your partner. 

With a team of more than 200 professionals, this company can work tirelessly to help you understand what the market demands from new sportsbook business owners. This way, you, as well as the development team, will have an idea of what extraordinary approach can be taken to make our sportsbook stand out among all the competitors. 

You will be getting coverage for more than 50 sports and 50,000 monthly events. All the crucial sports categories are covered within their offerings, and all the special or popular events will be scheduled in the built-in calendar systematically. Your bettors are going to attain a great user experience when they land on your sportsbook. 

Whether you want to jump in early into the market or have enough time to customize your way for the same, TRUEiGTECH offers white label, turnkey and bespoke solutions to meet all of your requirements. Even after the deployment of your sportsbook platform, TRUEiGTECH and its team will be in touch with you for post-launch maintenance or support. 

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2. Crustlab

Crustlab is one of the top-tier online sports betting platform providers in Myanmar that offers global solutions. The company has full-fledged sportsbook software alongside online casino coverage. Experts working with the company are skilled to provide either turnkey or bespoke sportsbook development solutions, depending on what your business needs. 

With proficient expertise in the domain, you can expect to attain coverage for almost all the popular sports and thousands of monthly events on your platform. Apart from sportsbook solutions, Crustlab is also a master of various other iGaming solutions, such as online casinos, lottery software, etc. 

3. Digitain

Digitain is one of the premium sportsbook providers, not just in Myanmar but on a global scale, and has a big classified catalog. It means no matter what you need to be associated with your sports betting project, Digitain has ideal solutions to meet your requirements. Starting from turnkey to mobile sports betting software solutions, you can attain anything that suits your business needs. 

Following that, the company also provides API services to scale the performance quotient of your sports betting platform. Digitain also provides complete ownership perks for you to gain full control of your software. Following that, it also integrates risk-management tools to prevent fraudulent attempts or potential threats to make their way into your sportsbook. 

4. BetConstruct

BetConstruct is among the popular sports betting solution providers in Myanmar, and has a wide range of services readily available for you to opt from. Starting from social gaming and virtual sports to online sports betting, there are a lot of service solutions that BetConstruct covers under its brand offerings. The best thing about BetConstruct is it adheres to all the industry trends for executing your project requirements. 

The company has also received several awards and recognitions for being the best sports betting software supplier across the globe for several years. The market placement of BetConstruct is irreplaceable among budding sportsbook business owners, as it operates with licenses across 15+ jurisdictions. Moreover, the company also enables your platform to support more than 400 payment methods. 

5. BtoBet

BtoBet is the company that you go to when seeking a versatile sportsbook solution provider in Myanmar. Here, you will literally get everything you think of and won’t have to make any compromises associated with feature complexity or sports coverage. With BtoBet, you can avail yourself of ready-to-launch sportsbook software that can be integrated with top-end tools and management systems, such as PAM, live feeds, etc. 

But at the same time, if you want a custom sports betting platform, BtoBet is capable of adhering to that request as well. Irrespective of what you choose, you will be availing multi-channel competence, tailored UI, scalable management tools and much more. Be assured that your sports betting platform will be curated to handle global exposure on demand. 

6. Gammastack

Gammastack is a well-recognized sportsbook solution provider in Myanmar and other parts of the world. The company has dealt with numerous projects so far and has attained nearly 100% satisfaction. With more than 10 years of experience in the industry and 200+ professionals, Gammastack offers you diverse sports betting software development solutions. 

Whether you want to go with a turn-key, white-label or bespoke sportsbook development approach, Gammastack has dedicated professionals to handle your requests. Not only that, but you can also avail of third-party integrations to further scale the controllability or performance of your sports betting platform. Beyond sportsbook, Gammastack also provides support for other iGaming solutions. 

7. Playtech

Playtech is one of the most proficient sportsbook service providers in Myanmar and can scale your business to attain high-end profits. The company is one of the oldest on this list and has been part of the sports betting sector right when it was just picking up pace around the world. With this experience, you can expect Playtech to better analyze every minute requirement you have for your sportsbook in specific. 

With a noteworthy presence across 40+ jurisdictions, Playtech is undoubtedly one of the best companies you can count on for your project. Cross-platform optimization for your sportsbook is standardized with the usual service package offered by Playtech. Following that, you can also go through the big list of default features that the company plans on integrating into every sportsbook project. 

8. EveryMatrix

EveryMatrix has been in this industry for more than 15 years and has earned its reputation in the competitive sector. This company is excellent in providing you with trending sports betting solutions, backed with premium features and functionalities. Not just business owners like you, but even the bookies count on availing sportsbook solutions by EveryMatrix. 

The best thing about EveryMatrix is the experts can help you combine sports betting with casino gaming solutions to provide you with a complete gaming setup. This way, you will have better ways to maximize your revenue through online gambling business. Being specific to the sportsbook, you will be getting coverage for almost all sports that exist, along with thousands of monthly events. 

9. Soft2Bet

Soft2Bet has stood its ground to be one of the prominent key players in the sports betting sector. The company has so far showcased remarkable growth in terms of meeting the needs of its clients. Innovative approaches have been the primary motto of Soft2Bet for dealing with your project. As part of the high-end sportsbook solutions, Soft2Bet also offers a comprehensive set of features that can adhere to the growing needs of your business. 

The company provides coverage for more than 50 sports and 600,000 yearly events. It is a good portfolio for you to start a successful sports betting business. There will be seamless management tools for you to control the operations of your sportsbook from a unified dashboard. 

10. Altenar

Altenar has finally marked its position as one of the top 10 sportsbook software providers in Myanmar and also on a global scale. This company has an impressive track record, highlighting unmatched success for the clients it has worked with so far. You can consider Altenar for its commitment to attaining customer satisfaction and using innovative approaches. 

You can expect to avail yourself of state-of-the-art sports betting solutions that will be backed with critical features for enhanced engagement and performance. The best thing about Altenar is you will be getting white-label, turnkey and bespoke solutions under its sportsbook service offerings. Such versatility is what has made Altenar make it to this list. 

Market Stats that Encourage the Sports Betting Industry

As far as the global statistics go, the sports betting market surpassed the revenue figure of $83.65 billion by the end of 2022. And, with a progressive CAGR of 10.3%, the market size is expected to reach the mark of $182.12 billion by the end of 2030. Such a whopping growth is driven by regulatory changes across various countries around the world and the increased use of smartphones for online gambling. 

Moreover, as the digitalization of sports betting platforms is in high demand, it is evident that the industry to picking up its pace. Key players in the industry are doing well enough to help make this future projection a reality. The urge to take the sports betting culture online was accelerated due to the COVID-19 pandemic, and the demand for it didn’t stop since then. 

With this, the newcomers in the sports betting world are now keen to thrive with their own platforms in booming markets such as that of Myanmar. The overall gambling market specific to Myanmar is expected to register a whopping CAGR of 28.3% for the forecast period 2020 to 2026. 

So, there is a great scope for entrepreneurs who are willing to start their sportsbook business in the region. But in the process, you will need help from the top sports betting platform providers in Myanmar, and you have gone through the 15 best of them to count on. Do assess all the pros & cons, and pick the ideal partner to get started with your sportsbook business. 

Key Features that are Must-Have for Your Sports Betting Platform

Sports betting platforms are quite popular around the world and are fueled by the convenience that bettors get through digital platforms. Users can easily place their wagers on their favorite sports and betting events without being present at any particular place or adhering to any specific time. And, to make things more convenient for your bettors on the sports betting platform, you must ensure to include certain features on priority, which include:

1. Wide Coverage of Sports and Betting Markets

The first thing that the professionals from top sportsbook software providers in Myanmar must ensure is providing you with a wide coverage of sports and backing it up with diverse betting markets. Every popular sport, such as cricket, soccer, basketball, football, gold and others, must be part of your sports betting platform. 

In addition to providing coverage for diverse sports, it is also important for your sportsbook to support different betting points. Companies like TRUEiGTECH offer you coverage for more than 50 sports, 100 betting markets and 50,000+ monthly events. Thus, securing a good business flow will be easier with such partners. 

1. User-Friendly UI

When starting a sportsbook business, you must be prepared to welcome not just expert bettors but also beginners. Therefore, the interface must be clean and understandable at the beginner’s level, ensuring they find it easy to navigate through all the features or functionalities. 

Clear site menus, properly organized betting sections, simple UI layouts, easy-to-access event calendars and other such elements must be prioritized. When your bettors find the platform more accessible, there is a higher chance they will stick with your offerings over what your competitors have to offer. 

1. In-Play Betting & Real-Time Odds

When you provide your users with a feature to place bets in real-time, you are giving them a better chance at securing a win. Moreover, it adds an exceptionally thrilling and dynamic experience for the bettors, which holds onto their engagement quotient for a longer span of time. As you know, sports can be unpredictable at times, and in-play betting enables users to switch their strategies mid-game and bet on winning scenarios. 

Users must also have access to all the live statistics of the same alongside data streams, which will help them make more informed decisions. Real-time odds management is also a crucial feature that will help bettors evaluate the win rate of their bets as the game progresses. Thus, more strategic bets can be expected from your bettors. This intuitive feature is what will scale the engagement quotient of your sportsbook platform. 

1. Secured Payment Options

As there will be monetary transactions involved in your sports betting platform, it is important for you to introduce trustworthy payment methods to it. This way, you will be able to ensure that all your users find it easy to deposit their money, place bets and withdraw their winnings. 

Be assured that the gateways being integrated by your partnered company consist of common payment methods such as eWallets, debit cards, credit cards, bank transfers, etc. Following that, the trending cryptocurrency mode of payment must also be part of your sports betting platform, as users are now more incliend towards processing secured and decentralized payments. 

1. Bonus System

Bonuses tend to play a very crucial role in retaining bettors to be on your platform and even attracting new ones. Therefore, a dedicated bonus engine on your sportsbook will enable you to personalize certain offers or deals for certain users and make your platform seem better for them than what competitors have to offer. 

You can introduce loyalty programs, free bets, welcome bonuses, referral bonuses and other such things to retain the interest of bettors on your platform. This way, you will drive immense success for your business platform, conditioned by an efficient bonus engine or module integrated by the professionals you hire. 

Different Business Models, You Can Consider for Your Sportsbook Platform

As you know, the sports betting industry has now achieved exponential growth on a global scale, and the legalization aspects of it are fueling the same. Therefore, today, there are different business models associated with starting a sports betting platform that differentiates in terms of revenue generation, attracting users and sustaining growth. So, here are some of those business models for you to count on:

1. Commission-Based Sportsbook Model

The commission-based sports betting model is considered the most common as well as an essential revenue stream for your platform. With this, you can ensure consistent gains or profits, even if the majority of the users win some of their bets. It is because, your sports betting platform will be collecting a very small margin on every bet that’s placed on your platform. 

For instance, if two different teams in a game have evenly balanced odds, your sportsbook might offer both sides at -110 odds instead of keeping it 1:1. It means that if someone bets $110, he/she will be getting $100 upon their wins. The additional $10 will be accountable as a commission to your sportsbook platform. 

1. Subscription-Based Sports Betting Model

As the standard sportsbooks rely mostly on commission-based earnings, introducing a subscription-based model will help you generate predictable earnings. In this model, users will be offered access to certain premium features, such as special betting tools, analytics features and others, in exchange for a reasonable subscription cost. 

Users can avail of a monthly or annual fee for unlocking these additional sports betting features that will eventually scale their betting experience. You can also consider this offering with a freemium approach, where basic access to some features is made free for the bettors, while the premium features will demand a subscription. 

1. In-App Purchases

If you are adopting a freemium business model where you provide your bettors with free access to basic features, you can still make money out of that approach. You can offer in-app purchases to bettors for them to avail enhanced experiences without the need for buying the premium subscription. For instance, features like instant cash-outs, betting guides, or premium odds will be unlocked by making one-time purchases. 

With this approach, you will be able to attract a larger audience base, as you will be providing them with free access to the standard features. Moreover, you will also be generating revenue from the users who intend to acquire additional value through minimal add-on features. Thus, the overall engagement quotient will increase as your bettors would like to participate in different promotions or challenges that are tied to the in-app purchasThereforeThus, you will earn great revenue. 

1. Affiliate Partnerships and Marketing

Affiliate marketing is one of the lucrative business models for you to earn revenue from sportsbook business. Here, you will be partnering with different affiliates such as influencers, betting tips websites or sports blogging websites. They will be promoting your sportsbook platform in exchange for some commission for every referred user or finished transaction. 

Affiliates help drive more traffic to your sportsbook platform through advertisements, promotions and referral links. With affiliate partnerships, you will be able to expand the reach of your business at a low upfront cost while incentivizing the partners to scale the platform aggressively. You would do really well with this business model if you were operating your sportsbook business in saturated markets. 

It means, if direct advertising in your area comes with regulatory restrictions or high expense, affiliate partnerships can do well. 

1. Advertising & Sponsorships

Your sportsbook platform can supplement its earnings by adding more sponsorships or advertising elements within the software. In this process, you will be partnering with different sports brands or merchandise providers who are keen on targeting all sports fans. You will also be able to generate revenue in this model through cross-promotional deals. 

It means sponsors will be promoting your sports betting platform in exchange for some exposure, which is a great deal for you to earn great revenue. This business model will work well, mostly when there are some major sports events such as the FIFA World Cup, Super Bowl, NBA Finals, etc. In such events, a lot of brands are eager to connect with a big group of engaged audiences. Thus, you will have your earnings. 

1. White Label Business Model

Under this, you can curate a sports betting platform and enable it for the white-label model. It means, you will be licensing the platform to other service providers who will be using it under their brand name. You will be providing the core functionalities, sports coverage, betting markets, payment processors and odds management tools with the software. 

On the other hand, the company you are handing the license over to will customize the design and branding elements of the platform to make it ideal for their target audience. You will be earning recurring fees or certain revenue shares from every operator who uses your platform on a white-label model. 

If you want to avail a sports betting platform to run your business based on a white label model, a lot of top service providers listed in this article offer that solution as well. It means looking for sports betting platform development companies in Myanmar that offer white-label solutions as part of their service package.m 

What is the Overall Cost of Developing a Sports Betting Platform?

There is no fixed cost for developing a sports betting platform. When you hire the best sportsbook provider in Myanmar, the company professionals will assess a lot of factors that will directly or indirectly impact the overall cost of development. So, before you can expect an estimate from the team, you must be aware of the factors that contribute to the overall cost of your project:

1. Features

When you have more complex features to integrate into the platform, the overall cost will eventually increase. There are some standard functional features that can be incorporated into basic service packages, such as live betting or analytics. But, if you want additional operational efficiency for your sports betting platform, you might have to go with complex features and that would come at an extra cost. 

1. Technology Stack

If you want the experts to use modern technologies for curating your sports betting platform, the upfront cost will eventually be higher. Experts from the top sportsbook development companies in Myanmar often recommend using the latest technology stack, ensuring there are no loopholes in the long run. But, if you are tight on budget, experts can help you pick better alternatives for the purpose. 

1. Design Proficiency

It is that part of your sportsbook development project where you should not make compromises at all. Having a professional UI/UX design is quite crucial for you to ensure quality and aesthetic appeal for your sportsbook platform. A good interface with immersive graphics, animations and design elements is what will encourage a better user experience. But in the end, a good and trending sportsbook design will add to the overall cost of development. 

1. Testing 

The experts from top companies you partner with will have to run through tests in order to determine any potential bugs or errors in your software. They will run functional, stress, performance and other such test cases to ensure your sports betting platform is ready to enter the production stage. Thorough testing across different parameters might contribute some amount to the overall service package cost. 

TRUEiGTECH is the Ultimate Sportsbook Provider in Myanmar for You to Count On

If you don’t want to spend most of your productive time searching for the best sportsbook provider in Myanmar, count on TRUEiGTECH to be your one-stop hub for meeting all your expectations. We have the right team of experts and a big array of quality resources to help you with a custom sports betting platform for your business. 

We offer coverage for 50+ sports and 50,000 monthly events, which is more than enough to draw the attention of newcomers and frequent bettors to your platform. With us at your back, you can expect to scale your business proficiency to the next level, as our team will help you with licensing, marketing and post-launch upgrade solutions. 

All you have to do is reach out to us and connect with our team members for your free consultation. 

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