The sportsbook industry is evolving rapidly; recently, the industry was valued at $77.21 billion. It is further expected to grow at a CAGR of 5.30% from 2025 to 2030. These numbers depict the growing demand of the industry. Thus, ensuring your platform stands out from the market can be difficult.
This is the edge that integrating a prop bet builder can provide you. It allows you to facilitate your users in a personalized way to place bets, maximizing the convenience level and user engagement of your platform. However, before developing it for your sports betting software, ensure you know the whole process before spending your funds. This is also why this blog will cover every step of how a prop bet builder is developed in detail.
Step-by-Step Guide to Building a Prop Bet Builder
It is complicated to build a prop bet builder. Use this step-by-step process to break it down to make it easier.
Step 1: Determine Bet Types
The first step to developing a prop bet platform is determining the various prop bets your platform will allow. It includes player props, team props, or props based on match milestones. Developers will need to work through identifying logic conditions, input types, and limits associated with each prop type with the analysts.
Step 2: Integrate a Sports Data API
Establish a connection with a quality sports data provider like Sportradar or Stats Perform to access real-time player and match information.
Developers will be responsible for managing API keys, parsing responses, creating data models, and ensuring the data is constantly updated across the system for each prop bet and player prop.
Step 3: Build out the Betting Logic Engine
For your prop betting platform to work properly, the developers will build a backend system to evaluate the different attractors and to ensure the prop logic executes correctly. Developers are responsible for creating modular functions for prop bet logic. It evaluates betting conditions and updates odds based on real-time data, and rejects all invalid or unsafe combinations.
Step 4: User Interface Design
The user interface element is how the bettors will interact to create and place their prop bet. Developers should build a mobile-optimised and responsive user interface that helps users make bets. Users would see their bets right away in real time, and it helps them as they navigate through betting options. A super simple, fast, and engaging user interface will have a greater amount of bets and volume.
Step 5: Live updates
Developers should use real-time syncing with WebSockets or server-sent events to ensure the user always has the live data. This will allow live odds, injury reports, and locked bet statuses to be delivered straight to the user so that the quality of the in-game betting experience remains intact.
Step 6: Payout processing
When a match ends, the bet outcome should be determinable and paid out automatically. Developers are tasked with creating backend logic that checks each bet against the final match stats. The backend logic will also include secure wallet transactions while tracking and logging each step for transparency and auditing.
Step 7: Risk Mitigation Strategies and Compliance
The phase is designed to eliminate fraud, liability, and illegal transactions on the preferred staking platform. Developers should develop systems to deal with suspicious betting actions that help mitigate overpayment exposure and too many risky combinations. The software will have KYC, geolocation, and safeguards for anti-money laundering and age limits.
Step 8: Testing, QA, and Load Testing
Testing load testing at the highest load has its limits through programs that simulate real users. Developers might even have a team artificially close the threshold of real immobilization in sports betting through simulated sports events, as these tests highlight performance limits and weaknesses in their systems if they exist. Then, once load testing is completed, everything for the platform is UI/UX tested on all remaining mobile and web devices before deployment.
Step 9: Launching and Monitoring
The platform will launch in a staged process by your sportsbook software development company. It will begin with a soft launch for reduced risk. The launch will allow us to monitor user activity, monitor system response data, and quickly conduct error polling, all in real-time. Real-time experiences with problems are dealt with much more quickly and thoroughly, with live feedback from live users, than with programmer testing.
Conclusion
Getting a prop bet builder with top performance is beneficial for your platform. Ensure that you hire a team to develop a prop bettor that focuses on market research, betting mechanics, UX design, data integration, and risk management. It will help you get a safe, sustainable, and scalable platform.
If you are looking for a team of experts who specialize in providing prop betting solutions, contact TRUEiGTECH today. They have a proven track record in developing custom iGaming software solutions. Over the years, their experts have delivered 400+ prop betting solutions. So what are you waiting for? Contact TRUEiGTECH today.
