Profitable Real-Money Game: A Real-Money Game Development Company Guide

In recent years, the popularity of real money game development has surged, especially with the rise of play-to-earn games. These games allow players to earn real money by participating in virtual gaming activities. The appeal lies in the opportunity to win actual monetary rewards through thrilling online competitions and tournaments.

However, one might question the costs involved in hiring developers and creating a custom game. Anyone can turn their love of gaming into a successful business with the appropriate strategy and information. We explore the thriving gaming sector in “Make Money Gaming: How to Master the Game,” where entertainment and money collide. For insights on how real money game development company can create profitable games, check out our article.

What Is a Real Money Game?

Real money games are where players can bet and win actual cash. These games often blend elements of chance and skill, offering players the chance to earn money based on their performance or luck.

From traditional casino games such as slots and poker to competitive versions of popular multiplayer titles, online real money games offer a wide range of options for players looking to win real cash.

Unlike games focused on earning points or virtual currency, victories and defeats in real money games directly impact financial outcomes. This exciting blend of gaming and financial risk allows players to enjoy competitive thrills while potentially earning real monetary rewards.

Market Growth Of Real Money Games

The global market for real money is projected to grow at a CAGR of 14.24% from 2022 to 2032. By the end of the forecast period, it is expected to reach around USD 32,354.91 million. This report by 360 Market Updates examines key market trends and factors influencing the growth of the real money skill games sector, highlighting new opportunities.

Using a transparent methodology based on extensive qualitative and quantitative data, the study provides a detailed analysis of the current state and future trends in the global real money skill games market. It covers market segments by end-users (including men and women) and product types such as arcade games, card games, eSports, daily fantasy sports, puzzle games, trivia & word games, and others. The report emphasizes the significant market share held globally and across key regions including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Different Types of Real Money Games

Casino Games:

Traditional casino games like slots, blackjack, roulette, poker, and baccarat are available both online and in physical casinos. Players use real money to place bets and can win cash prizes based on the game’s outcome.

Card Games:

Games like poker, rummy, and blackjack are commonly played for real money in both physical casinos and online platforms. Players compete against each other or the house, and winnings are based on the game rules.

Sports Betting:

This allows individuals to bet on the outcome of sports events such as football, basketball, horse racing, and tennis. Players can bet on various outcomes like the game winner or final score, earning payouts if their predictions are correct.

Fantasy Sports:

Players use genuine athletes from professional leagues to build virtual teams. They compete based on the actual performance statistics of their chosen players. Some contests involve entry fees and cash prizes for winners.

Lottery and Scratch Cards:

These are popular forms of real money gaming where players buy tickets or cards for a chance to win cash prizes. Outcomes are determined by random drawings or by revealing hidden symbols on the card.

Skill-Based Games:

Certain games, like online poker, fantasy sports, and esports betting, require skill and strategy alongside luck. Players with better skills can improve their chances of winning compared to those relying purely on chance.

Feature of Real Money Game

User App Features:

User Authentication:

• Secure login and registration options using email, username, or phone number.

Main Screen:

• Search function with filters for matches, sports, and categories (Upcoming, Live, Results).
• Player lists, tournament rankings, and match times are displayed.

User Dashboard:

• View account details including referral cash bonus, winnings, reward points, and total balance.
• Manage payments.
• Features like overall ranking search, invite & win, friend list, etc.

Tournament Management:

• Dedicated section listing all tournaments for any match.
• Filter tournaments by entry fee, format, championship number, and team count.
• Join tournaments by paying registration fees.
• Create fantasy teams by selecting players based on knowledge and experience.
• Option to create tournaments specifying game details, prize pool, size, and invite friends.

Multi-Language Support:

• Option to select interface language for a native user experience.

Payment Gateway:

• Utilizing a secure integration, users can add and remove money from their wallets.

Invite & Earn:

• Referral program allowing users to invite friends with a unique code and earn cash incentives or bonus points.

Admin App Features:

Owner Login:

• Secure portal for administrators to log in.

Admin Dashboard:

• A thorough overview of upcoming/scheduled games, live matches, previous matches, user engagement, and overall revenue.

User Management:

• Manage user accounts with options to edit, modify, delete, activate, or deactivate profiles.

League Management:

• Full control over league schedules including creation, editing, updating, and activation/deactivation.

Bonus Cash Management:

• Management of player bonus programs and prize money.

CMS Management:

• Control over content management system (CMS) for pages like Support, About Us, Contact Us, etc.

Push Notification System:

• Send push notifications to users regarding new league matches, scores, and other updates.

Benefits of Real Money Game Development

Monetization Opportunities:

Real money game development game offers a direct way to make money compared to free-to-play games that rely on in-app purchases or ads. Players pay upfront to play or compete, giving developers immediate income.

Increased Player Engagement:

Real money games tend to keep players more engaged because the stakes are higher. Players strive to improve and win, drawn by the excitement of potentially earning real cash. This can turn casual gamers into dedicated ones.

Community Building:

Real money games often build strong player communities. Beyond the money, players bond over competition and shared experiences. These communities grow organically, with players returning not just for the game but for the social interactions and friendships.

Player Retention:

The chance to win real money motivates players to come back to your game regularly. This boosts player retention, which is crucial for a game’s success. Since acquiring new players can be costly, keeping existing ones engaged with real money rewards is vital.

Brand Loyalty:

Creating a real money game can foster strong brand loyalty. When players invest money and time, they also invest in your brand. If your game delivers a fair, enjoyable, and potentially profitable experience, players will trust and stick with your brand.

Creating a Real Money Game: A Step-by-Step Guide

Real money game development can be challenging, but breaking the process into manageable steps can make it easier. Here’s a simple guide to help you get started with a real-money game development service:

Conceptualize Your Idea

Start with a creative idea for your game. Think about the gameplay, unique features, and overall concept. Sketch your ideas or create a mood board to visualize them better. A unique and engaging concept will help your game stand out.

Understand the Legal Implications

Real money games have legal considerations, often similar to gambling laws. Research the regulations in your target markets, including age restrictions and licensing requirements. Consult a legal expert to ensure compliance before hiring game developers.

Choose the Right Game Development Tools

Select the appropriate software for developing your game. Popular options include Unity for versatility and Unreal Engine for high-end graphics. Your choice should depend on your game’s complexity, graphics requirements, and your team’s expertise.

Design and Develop the Game

Begin designing visual elements like characters and environments, and program the game mechanics. Focus on creating an intuitive user experience. Consider adding social features, such as leaderboards or chat functions, to build a community among players.

Implement a Secure Payment System

A reliable payment system is crucial for real money games. Ensure players can securely deposit and withdraw funds. Choose payment providers with robust security measures and offer various payment options to accommodate player preferences.

Testing

Thoroughly test your game for bugs or glitches that could disrupt gameplay or allow exploits. Test the payment system to ensure secure and correct transactions. Conduct beta testing with a small group of players to gather feedback and make necessary improvements.

Market Your Game

Promote your game to attract players. Use social media advertising, influencer partnerships, and consider offering welcome bonuses to new players. Continuous marketing efforts are essential for attracting and retaining players.

(Also Read: How Much Does It Cost To Develop A Real Money Game?)

Secrets to Profitable Real-Money Game Development

Optimize Code

• Ensure the app runs smoothly to avoid user frustration and potential financial loss.
• Users expect fast performance; optimize the app to start quickly and handle large queries efficiently.

Tips for optimization:

• Focus on the user interface.
• Increase app usability.
• Use profiling tools to monitor performance.
• Test thoroughly.
• Check the app’s efficiency.

Select the Best Payment Gateway

• Choose a well-known, trusted payment gateway to ensure user confidence in transactions.
• Select a gateway with multiple payment modes for user convenience and trust.

Ensure Highly Scalable Servers

• Scalable servers are crucial for handling high traffic without crashing.
• A reliable server ensures users trust the app with their money and continue to play.

Easy and Quick Payout Options

• Simplify the payout process to no more than three steps.
• Users want to easily withdraw their earnings; a complicated process will drive them away.

Backup Retention Policy

• Regularly back up user data to prevent loss and ensure security.
• Keep manual backups of at least a week’s data using online storage services.

Conclusion:

In conclusion, creating profitable real-money games involves optimizing code, selecting trusted payment gateways, ensuring scalable servers, providing easy payout options, and implementing a robust backup retention policy.

If you’re looking to develop a successful real-money game or any other gaming project, Source Code Lab is here to help. As a leader in real money game development, we specialize in delivering high-quality, innovative solutions tailored to your needs. Contact us today to transform your gaming ideas into profitable realities.

FAQs

1. What services does Source Code Lab offer?

Source Code Lab specializes in a comprehensive range of game development services, including real money game development, custom game development, iGaming, gamification, and mobile game development. Our expertise ensures high-quality, innovative solutions tailored to meet your specific needs. Whether you’re looking to create engaging real money games, bespoke gaming experiences, or gamified applications to boost user engagement, our team of experts is equipped to handle all aspects of the development process, from concept to launch.

2. How can I get started with a game development project at Source Code Lab?

Getting started with a game development project at Source Code Lab (mobile game development company) is straightforward. You can reach out to us through our website or contact our customer service team to discuss your project requirements. During the initial consultation, we will gather all necessary information about your vision, goals, and technical needs. Our team of experienced developers and designers will then collaborate with you to develop a tailored solution that aligns with your objectives. We ensure a transparent and efficient process, keeping you involved at every stage of development to bring your game idea to life successfully.

3. Can Source Code Lab develop games for multiple platforms?

Yes, Source Code Lab, (custom game development company) excels in developing custom games for a wide variety of platforms, including web, mobile, PC, and consoles. Our multi-platform development approach ensures that your game reaches a broad and diverse audience. We are adept at tailoring the gaming experience to suit different devices, ensuring optimal performance and user engagement across all platforms. Our team is proficient in leveraging platform-specific technologies and best practices, whether it’s optimizing graphics for mobile devices, ensuring seamless performance on PCs, or creating immersive experiences for consoles. This versatility allows us to deliver high-quality games that captivate users, regardless of the device they use.

4. Does Source Code Lab offer support after the game is developed?

Yes, Source Code Lab is committed to providing ongoing support and maintenance services even after your game is developed. Our post-launch support ensures that your game continues to operate smoothly and remains updated with the latest features and security measures. We offer a range of services, including bug fixing, performance optimization, feature updates, and technical support to address any issues that may arise. Our goal is to ensure your game remains competitive and provides a seamless experience for users over time. By partnering with us, you can be confident that your game will receive the necessary attention and care it needs to succeed in the long term.