Prediction Software Development Turkey
Prediction Market Software Development in Turkey
From internal forecasting tools to public event-prediction platforms, TRUEiGTECH designs full-stack prediction software solutions with robust security, KYC/AML compliance, and KVKK readiness, crafted for Turkish and international markets. From platform launch to post-launch updates, we take care of everything.
Key Features of TRUEiGTECH Prediction Market Software
Mobile-Friendly UI & Notifications
We build out software with a responsive interface, multi-device support, and push or in-app alerts for market changes, outcomes, and new event listings.
User Profiles & Analytics Dashboard
Operators can track performance history, portfolio metrics, trader rankings, and insight reports to help users improve, all within the software.
Automated Market Makers
AMMs enable liquidity via smart algorithms, allowing continuous market operations, fair pricing and instant trades, even when direct matching between users is low.
Event & Market Creation Tools
Our prediction software allows admins or users to define events/outcomes and set resolutions, categories, deadlines, and parameters for prediction markets.
Security, KYC & Compliance
TRUEiGTECH prediction software has built-in identity verification, anti-fraud tools, data protection, and adherence to local laws & payment regulations.
Real-Time Pricing & Liquidity
Our software features dynamic odds updates with an automated market maker or order book to ensure smooth trades & minimized price slippage.
Benefits
Benefits of TRUEiGTECH Prediction Market Software Development
More Accurate Forecasts
By combining diverse views & rewarding correctness, prediction markets often yield forecasts more reliable than expert panels or polls. This is helpful for businesses, governments, or investors who seek sharper insight.
Faster Decision-Making
With real-time updating of probabilities, businesses can react quickly to new data or changing conditions, reducing lag between events unfolding & strategic or operational response.
Data-Driven Revenue Growth
TRUEiGTECH prediction market software ensures that operators can easily boost margins with analytics that reveal player behavior and retention patterns. We deliver actionable intelligence to help with player retention through personalization.
Transparent & Decentralized Mechanisms
In blockchain versions of prediction software, market rules, trades, and outcomes are recorded publicly. Smart contracts/oracles enhance trust and reduce the need for central authority & lower manipulation risk.
Insights for Institutions & Media
Prediction software helps institutions, think tanks, governments, and media to leverage aggregated probability data from prediction markets to better forecast policy, elections, and economic trends. This improves reporting, planning, & public communication.
Increased Engagement & User Retention
Prediction markets introduce interactivity, gamification, and community features. These features drive higher user participation, stickiness & deeper engagement than passive content or static forecasting tools.
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Our Suite of Prediction Software Development Solutions
- Platform Architecture & Design
- User Authentication, KYC & AML Compliance
- Continuous Monitoring & Model Maintenance
- White Label Prediction Software Development
- Custom Prediction Software Development
- Data Infrastructure Setup
- Analytics, Reporting & Insights Dashboard
- Predictive Model Engineering
- Turnkey Prediction Software Development
- Custom Market Creation & Management Modules
Why Choose TRUEiGTECH for Online Prediction Market Software in Turkey?
When it boils down to developing online prediction market software in Turkey, there are a lot of aspects to consider. Ideally, building real-money, consumer-facing prediction software in Turkey can attract legal risks. But if you want to operate a prediction business outside the country’s market, you need a professional prediction market software developer or partner. Here is why TRUEiGTECH can be your ideal partner.
- 7+ years of experience in software development and deployment across 50+ markets.
- Seamlessly grow from a local user base to millions of users spread globally.
- Our team ensures compliance with the evolving rules of Turkey’s market.
- Modular design supports esports, tokenized assets, and emerging market formats.
- TRUEiGTECH handles updates, maintenance, and adapting to regulatory changes.
- TRUEiGTECH ensures that your online prediction market software remains compliant.
Licenses and Compliance Requirements in Online Prediction Market Software Turkey
When it comes to licensing & compliance requirements in Turkey, the country has one of the strictest regulatory environments for any type of private gambling, betting & games of chance. Under Law No. 7258 on Betting and Games of Chance & other related statutes, offering or facilitating online gambling or unlicensed betting services is strictly prohibited.
This means that only state-approved bodies, such as the Turkish National Lottery Administration, İddaa, etc., are legally permitted to operate licensed betting or chance-based gaming platforms.
If you want to operate legally with your prediction market software that involves real-money stakes or public access, a valid license/authorization from the competent Turkish authority is necessary. However, licenses for private, non-state gambling are generally not issued.
Other than this, the compliance requirements also include anti-money laundering and data protection obligations under KVKK. Not abiding to any of these can lead to risks, including criminal penalties, website blocking, fines, etc.
TRUEiGTECH has in-depth knowledge of the licensing and compliance requirements of Turkey. Therefore, we can help you navigate the process of launching prediction market software outside of Turkey while operating it from within the country.
Prediction Market in Turkey | Cultural Impact, History, and the Future
Though formal “prediction markets” as used in finance or Web3 are not established in Turkey today; wagering, forecasting and public speculation have deep roots in Turkish culture. Horse races under the Jockey Club of Turkey, sports betting through state-approved operators like İddaa & the national lottery are long-standing legal forms where people place bets & make predictions about outcomes.
Culturally, betting is controversial. Many Turks hold religious or ethical reservations, yet state-sanctioned forms are seen by many as acceptable or even institutionalized. The digital era has intensified interest in predictive behaviour where real-time sports and live betting, smartphone access, and online platforms have expanded participation despite legal constraints.
As far as the future of prediction market software in Turkey is concerned, full-blown prediction markets, especially those that are non-gambling, research-oriented, or internal to corporate or academic use, may gain acceptance if structured carefully (made according to no-stakes models, transparency, and regulation).
Turkey’s large, tech-savvy population, growing internet penetration, and interest in innovation could favor predictive software development in forecasting, event modeling, or institutional markets. However, for public, real-money or consumer-facing prediction markets, legal reform or special licensing would be necessary.
Top 5 Prediction Market Software Developers in Turkey
TRUEiGTECH
TRUEiGTECH is a pro software provider delivering prediction market software, sports betting platforms, turnkey solutions, and sportsbook+casino modules. It supports API integrations, risk management features, analytics, and compliance-friendly architecture. Ideal for Turkish operators wanting to operate legally outside Turkey using jurisdiction-appropriate setups.
Softswiss
SOFTSWISS is an international software provider with 15+ years’ experience. They offer white-label platforms, prediction market platforms, sports betting, casino, crypto-friendly gaming content, robust back-office tools, affiliate systems, and game aggregation. Their modular infrastructure and experience in crypto & blockchain make them suited for operators targeting regulated offshore markets.
EveryMatrix
EveryMatrix provides modular iGaming infrastructure that includes prediction software, sportsbook, casino integrations, affiliate & agent system, bonus & campaign management, and payments. Their API-driven platform helps operators comply with diverse international jurisdictions. Supports customization and entering new markets, a good fit for Turkish operators launching services abroad under regulation.
Malgo Technologies
Malgo Technologies builds blockchain-based prediction platforms and Polymarket/Probo-style platforms in the white-label format. They emphasize rapid deployment of decentralized exchanges, offering businesses a fast way to launch prediction markets using tokenized assets and smart contracts across multiple event categories.
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Cost of Developing Prediction Market Software in Turkey
The cost of developing prediction market software in Turkey depends on a number of factors, such as compliance, licensing, UI/UX design, features, hosting, etc. Here are different elements that contribute to the overall cost of developing prediction market software.
| Cost Elements | What It Covers | Cost Range |
| Requirements & Planning / Feasibility | Business & market analysis, specification, roadmap, legal feasibility | $2,000 to $8,000 |
| UI/UX Design | Wireframes, prototypes, responsive design, & visual branding | $3,000 to $12,000 |
| Backend Architecture & Features | Core market engine (AMM/order-book), event/outcome management, trade logic, server-side APIs | $15,000 to $60,000 |
| Frontend Development | Web interface, dashboards, real-time updates, mobile compatibility (web or app) | $10,000 to $40,000 |
| Compliance, Security & KYC/AML | Identity verification integration, regulatory/legal work, data protection, security audits | $8,000 to $30,000 |
| Payment & Wallet Integration | Fiat and possibly crypto gateways, deposits/withdrawals, escrow, reconciliation | $5,000 to $25,000 |
| Blockchain/Smart Contract Dev (if used) | Smart contract writing & testing, audits, deployment, gas fees, etc. | $5,000 to $20,000 |
| Hosting, Infrastructure & DevOps | Cloud servers, real-time systems, scaling, monitoring & uptime infrastructure | $1,000 to $5,000/month initially. Total setup could be $5,000 to $20,000 |
| Testing, QA & Deployment | Functional, performance, security & integration testing. Staging & production deployment | $5,000 to $15,000 |
| Maintenance & Updates (annual) | Bug fixes, feature improvements, regulatory updates, server & infrastructure maintenance | ~ 15-25% of initial build cost |
Payment
Popular Payment Gateways in Turkey
Quick and faster payments are one of the key USPs of prediction market software in Turkey. From local digital wallets and e-wallets to traditional methods, the country offers several types of payment gateways to its users.
Types of Prediction Software Solutions by TRUEiGTECH
TRUEiGTECH is a professional software development firm that deals in iGaming and prediction market solutions and services. Backed by expert developers and a powerful tech stack, the business offers various types of services to its clients across the globe.
Sports Prediction Software
Casino Game Outcome Prediction Solution
Lottery Number Prediction System
eSports Prediction Solutions
Turnkey Prediction Software
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Events
Major iGaming Events in Turkey
Gaming İstanbul (GIST)
HIT Games Conference (HGC)
WN Conference Istanbul
A prediction market is a platform allowing users to trade contracts whose payoff depends on the outcome of future events. The software is used for forecasting, corporate decision-making, or research instead of pure gambling.
Prediction markets with real-money stakes could be treated like illegal betting or games of chance under Turkish law unless operated through or licensed by state-approved entities under strict regulation.
Operating any betting, sports gambling, or games of chance requires licenses or authorization from state regulators like the National Lottery Administration, Spor Toto, or Jockey Club. Private prediction markets likely need similar permission.
Key obligations include
- AML requirements under Law No. 5549
- Personal data protection under KVKK (Law No. 6698)
- Secure payments
- Geofencing or geo-blocking
- Lawful advertisement rules
Hosting alone is risky. Providing access to or targeting Turkish users without a proper license may violate Turkish law. Local presence, partnership, or excluding Turkish users may be necessary.
Yes. Platforms without real cash stakes are usually less likely to be classified under gambling law, reducing legal risk. But the operators must still ensure consumer protection and data privacy.
Authorities have blocked illegal gambling websites, suspended fintech/payment provider licenses linked to illicit betting networks, & sought criminal charges.
Turkey’s KVKK law mandates lawful processing of personal data, user consent, secure storage, breach notification, and possibly local server or residency requirements. Non-compliance may lead to fines or sanctions.
Financial transactions must comply with AML laws, use licensed PSPs, avoid servicing illegal gambling flows, & may need identity verification, transaction monitoring and auditing. Unauthorized payment facilitation is subject to prosecution.
While public real-money prediction markets face strong regulatory barriers, Turkey’s young, digital population, increasing regulatory clarity, & demand for innovation suggest potential growth in enterprise, research, or regulated variants.