Sports betting has emerged as a popular form of entertainment and gambling worldwide. Recent statistics project that the global sports betting market will reach a value of $155.49 billion by 2024. In 2020, 61.6% of online gambling revenue was attributed to sports betting, indicating a growing trend towards online gambling and highlighting the increasing significance of sports betting within the industry.

Moreover, the online sports betting market in Asia is expected to generate revenue of $7.73 billion by 2024, making it the fastest-growing market globally. As demand continues to surge, countries such as Singapore, Hong Kong and the Philippines have legalized sports betting, further driving market growth in the region. In response to the escalating demand for sports betting platforms, sports white label solutions have emerged as a viable option for operators seeking to enter the market quickly and efficiently. These solutions provide ready-made platforms that can be tailored to meet specific branding and operational needs. 

Understanding Sports White Label

In today’s rapidly evolving digital landscape, businesses are constantly seeking innovative solutions to enter and thrive in various industries. One such solution gaining prominence in the realm of online sports betting is the concept of sports white label.

What is a White Label?

Before delving into sports white labels specifically, let’s first understand the concept of white labels. In essence, white label refers to a solution/software developed by one company (the provider) and then rebranded and resold by another company (the reseller) as their own. This allows the reseller to offer ready-to-operate services without having to invest in developing them from scratch.

What is a Sports White Label Solution?

A sport white label solution is a ready-made software solution that allows operators to quickly and easily launch their own online sports betting platform. Operators will have access to a wide range of sports betting markets, user-friendly interfaces, payment gateways integration, and comprehensive back office management tools, allowing them to launch and manage their sports betting operations with ease.

Features of Sports White Label and Kzing

Challenges of Building an Online Sports Betting Platform 

Launching an online sports betting website can be an exciting endeavor, offering the potential for lucrative returns in a thriving industry. However, it’s essential to recognize the challenges that come with building and maintaining such a platform. Here, we explore some of the key hurdles operators may face.

1. Security Measures

Security is paramount in the online sports betting world, where sensitive financial and personal information is exchanged. It is a critical factor to consider when building a sports betting platform. Operators must implement a robust security system to detect fraud and prevent players from cheating. Moreover, operators have to implement anti-hijack software to ensure the platform is secure and customer data is protected. This includes sophisticated fraud detection systems and compliance services, such as those offered by Kzing, to ensure a fair and secure gaming environment. 

2. Cost

One of the most significant challenges when building a sports betting platform is cost. Building a custom platform from scratch can be expensive, including upfront costs like hiring in-house developers, designers, and project managers. Moreover, ongoing expenses such as website maintenance, server hosting, software updates, and technical support can add up over time. However, partnering with a solution provider like Kzing can help mitigate these costs by offering full front-end and back-end support including site building, operations, after-sales service, and 24/7 online support—all with a single quote. 

3. Time Consuming

Developing and launching an online sports betting platform is a time-consuming process that requires careful planning and execution. Operators must invest hours in market research and hiring processes for professional internal and external teams, including developers and customer support staff. 

Operators must be prepared to encounter numerous obstacles when constructing an online sports betting platform. In contrast, a white label sports betting platform can be launched in a matter of weeks, allowing operators to enter the market quickly. Partnering with the right sports white label solution provider, such as Kzing, can assist operators in overcoming these hurdles and achieving success in this dynamic industry.

Sports White Label: Your Ultimate Solution

In the competitive landscape of online sports betting, establishing a successful platform requires significant effort and time. A sports white label can offer benefits that enable operators to enter the market swiftly and effectively.

1. Cutting-Edge Technology and User Experience

One of the key advantages of sports white label solutions is access to cutting-edge technology for both the front-end and back-end systems. With Kzing’s sports white label solution, we provide one-stop service including front-end template design, games plugin integration, and back-end technical support, allowing operators to focus on growing their business while we handle the technicalities.

Another highlight of sports white label solutions is the availability of various website templates tailored for different devices and platforms. It is crucial that the website runs seamlessly on all devices to enhance the gaming experience for players. Kzing offers a range of templates designed to provide the best possible user experience across all devices.

In addition to website templates, Kzing also offers a dedicated sports betting app, providing players with a convenient way to access your platform on the go. The Kzing Sport App features live streaming, live scores, and a simple and smooth system for placing bets. Whether at home or on the move, operators can offer players the thrill of betting on their favorite sports with ease.

2. Technical Support

Another key advantage of a sports white label solution is the availability of technical support to address any issues operators may face. With Kzing, operators gain access to comprehensive technical support services covering website maintenance and regular system updates. Kzing offers 24/7 customer support for all partner operators, ensuring that any issues or concerns are promptly addressed, before and after the launch of the platform. 

Furthermore, Kzing recognizes that retaining customers is crucial for the long-term success of a sports betting platform. Kzing’s Rewards and Bonus System provides an attractive bonus system to assist operators in attracting players and retaining players. Additionally, Kzing has implemented a Membership System to increase your players engagement and loyalty. 

3. Customization and Branding Options

The ability to customize the platform to cater the needs of your target market is one of the key benefits of sports white labels. Kzing goes above and beyond by providing a dedicated team to support clients looking to enter specific markets, such as the Southeast Asian (SEA) market. For instance, Kzing’s India white label solution supports the local language, integration of popular sports betting events such as cricket, while Kzing’s integrated payment gateways support credit cards, e-wallets, cryptocurrencies and even most Asian currencies including Thai baht, Indonesian rupiah, Indian rupee etc.

Additionally, white label providers often offer customization options to align the platform with your brand’s identity, including design elements, color schemes, and logos. Kzing’s sport white label solution supports website templates customization, multiple language and currency options, even localized games options for your target market. Whether it’s adding unique design elements or website customization, you have full control over how your platform looks and functions.

4. Quick and Easy Setup Experience

White label platforms typically offer access to a vast spectrum of sports events allowing operators to cater to as broad of an audience as possible.The ideal sport white label provider should cover every popular league and provide the best betting odds. Kzing provides full coverage of major sporting events, covering over 30 sports, ensuring that there is something for everyone. 

Choosing a sport white label provider offers a significant advantage in terms of time to market. Ready to launch sports betting platforms allow operators to enter the market quickly and with minimal risk. With Kzing, operators can avoid the lengthy process of developing and testing a custom platform from scratch. You can have your platform up and running within 10 days.This rapid deployment ensures that you can capitalize on market opportunities and start generating revenue sooner rather than later.

Comparison: Build Your Own Sports Website VS Kzing

In conclusion, a sports white label can be a game-changer for operators looking to enter or expand in the online betting market. Choosing whether to build your own website or engage a sport white label provider is a significant decision that requires careful consideration. While building a platform from scratch may seem like a more attractive option at first, it comes with significant challenges, including high costs, longer development timelines, and the need to implement a sophisticated security system. On the other hand, a ready-to-launch sports betting platform offers numerous advantages, including ready front-end options, comprehensive back-end system, payment integration, and technical support provided, and speedy launch time etc.

Entering the sports betting industry is not as hard as you think it is, and a sports white label provider is there for you! Kzing provides operators with a comprehensive and efficient way to enter the competitive sports betting market. We are experts in the iGaming sector, and our team of industry leaders can set you up for success.

Time is of the essence; let’s turn your dreams into reality without delay. Reach out to our sales team today, and let’s kickstart your sports betting website journey immediately.

You may also be interested in:

How to Build Your Own Online Casino Business

Eurocup 2024: All You Need to Know About Teams, Schedule, and Venues

Kzing White Label Introduction

Written By

Jemma

See author's posts