How Much Does It Cost To Start A Sports Betting Website? (In 2024)
Looking to start a sports betting website?
But curious about:
- how much it costs to start a sports betting website?
- what are the typical sports betting website startup costs?
- or the actual cost of starting sports betting websites?
Well, we have the data to prove it, supported by real sports betting websites and how much they actually cost to start.
Let's go over it.
Learn more about starting a sports betting website:
Where to start?
-> Pros and cons of a sports betting website
Need inspiration?
-> Other sports betting website success stories
-> Marketing ideas for a sports betting website
Other resources
-> Profitability of a sports betting website
Software Expenses
Your sports betting website needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Project Management Software |
Recommended |
$0 |
$25 |
|
Email marketing tool |
Recommended |
$0 |
$100 |
|
Accounting & Invoicing Software |
Recommended |
$0 |
$50 |
|
Internal Communication Tool |
Recommended |
$0 |
$20 |
|
File Hosting Service |
Recommended |
$0 |
$299 |
|
Design Programs & Software |
Optional |
$0 |
$50 |
|
Social Media Management Tools |
Optional |
$0 |
$50 |
Office Space Expenses
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your sports betting website grows.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Rent ➜ |
Optional |
$0 |
$5,750 |
| Utility Costs For Office Space ➜ |
Optional |
$0 |
$1,150 |
| WiFi & Internet ➜ |
Optional |
$0 |
$100 |
Training & Education Expenses
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Online Learning Sites |
Optional |
$0 |
$1,000 |
Advertising & Marketing Costs
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Business Cards ➜ |
Optional |
$0 |
$50 |
|
Customer Research & Surveys |
Optional |
$0 |
$300 |
|
Networking Membership Fees |
Optional |
$0 |
$250 |
|
Affiliate Marketing Commission & Fees |
Optional |
$0 |
$250 |
|
Influencer Marketing |
Optional |
$0 |
$750 |
|
Press |
Optional |
$0 |
$500 |
|
Google Ads |
Optional |
$0 |
$300 |
|
Facebook & Instagram Ads |
Optional |
$0 |
$350 |
Website Costs
Every business should have a website, and it's worth spending a bit of money to set it up right.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Domain Name ➜ |
Required |
$12 |
$200 |
| Business Email Hosting Service ➜ |
Recommended |
$1 |
$15 |
Specific Industry Expenses
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Ticketing Platform Fees |
Optional |
$0 |
$100 |
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
