Best New Sportsbooks

For Intermediate
sportsbooks

With the overwhelming amount of choices on hand, finding the right sportsbook for you can cause quite a headache. Sorting out all the information and offers at hand is tasking. With our knowledge and understanding of the US betting market, there are few places better apt to help you in your search. In this article, we at Sports Betting Guide will share our expertise on the following topics:

  • Which sportsbook is best for you?
  • New vs. old sportsbooks
  • Important factors to look out for

This guide will prepare you optimally for your journey into the US online sports betting markets. Read on for more insight into what separates an excellent sportsbook from an average one and learn how to find the right sportsbook that caters to your needs.

Best New Sportsbooks in the USA

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Table of Contents

Which Sportsbook is best for you?

Besides the personal elements that we will discuss later on, there are a few necessary qualities that each sportsbook has to adhere to be called a great sportsbook. These qualities can be aspects that we might think will probably be fulfilled by each online sports bookmaker, but are sometimes severely lacking. To name a few:

No matter if you are new to the game or looking for a new online bookie. Which betting site you choose depends on what you're after. Ask yourself, what do you want from a betting site? Is it:

  • Having the best odds for football bets
  • Having the broadest range of deposit/withdrawal options
  • Offering the most generous rewards and promotions

Make sure to answer these before you start looking. Getting your preferences in order makes it easier to find your favorite. With these questions out of the way, let's look at the advantages of both old and new online sportsbooks.

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New vs. Old, who brings home the bacon for you?

Although the US sports betting market has only been open for a small time, there has already established an order of sportsbooks in town. The two biggest sportsbooks, FanDuel and Draftkings, see two-thirds of all betting traffic go through them. Their trustworthy reputations and early launches (within a month of the legislation) gave them a head start on the rest. But does that mean they are the best?

New sportsbooks are launching still, with two in the last few months and 5 more in the works. They offer refreshing new bonuses to gain traffic quickly. User interfaces tend to be more modern and make using the site a breeze. The problem is that not many reviews are available for these websites, which is why the majority of the bettors prefer the established order. That's why we at Sports Betting Guide want to show you how to find the best new sportsbooks. 

Both old and new sportsbooks are heavily regulated and will not cheat you out of your money in any way, but they each have their own advantages for players. Let's look at the main ones:

It's hard to compete with the traditional sportsbooks in this category. Their popularity is mostly based on the great odds given across the board. In contrast, newer bookmakers will focus on odds for specific sports markets, so better odds to be found there!

While older sportsbooks already have a substantial user base and are more focused on keeping them happy, the latest sportsbooks are looking to bring in more players. Offering you extravagant welcome bonuses and amazing promotions, checking out what the hot new sportsbooks are doing is definitely worth your while.

  • Innovations

Compared to older bookies, you will get much more in terms of technology and innovation. The mobile app will likely be better, the software will be better, the platform will be more compatible, and your overall user experience will be more satisfying.

So, when you are looking to open up a new account, don't just go for the old school tried and tested. Open yourself up to a whole new world of promos, innovations, and top experiences!

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What's important in a new sportsbook?

Payments, Banking, and Payout Speed

One of the most deciding factors to look out for in a sportsbook. Not only by getting started with your first deposit, but also when cashing out quickly when you want to withdraw your winnings. There is a multitude of banking options in the US market. However, each sportsbook has its own list of banking options, with not all of them offering up the full range. 

The full list of possibilities for both withdrawals and deposits can be seen below. 

Withdrawals + Deposits:

Deposit only:

  • PayNearMe

Consider which of the options is most convenient for you and check if the sportsbook supports that option. With all options, there should be no fees involved from the sportsbook itself!

Another area to look at is transaction times. The quicker, the better. Withdrawal through most options will take around a day or two, but there are considerably slower options as well. These transaction times can be dependent on the sportsbook of choice and their supporting casino. 

Also, look out for limitations when it comes to using different methods for the withdrawal and deposit.

Security and Safety

Fortunately for all US bettors, the sportsbooks in this state are held to high standards when it comes to securing your personal data. SSL encryption is standardized, and information is only used for optimizing the sportsbook's own platform. For more information, we advise you to read the sportsbook's privacy policy.

The Software and Platform

Sports betting platforms are the foundation of each sportsbook. The best online bookies will strive for the most up-to-date, modern platform. New bookies coming to the scene have the advantage of learning from the predecessors and make their software even better. 

Most software should be compatible with whatever medium you want to bet on. However, you should always check just in case.

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Variety and Quality of Odds and Markets

The category where new betting sites can genuinely make a name for themselves and set them apart from their competition. Offering up bets on rare markets that older sportsbooks neglected, like cycling or athletic events. This is a way that some of the best new bookies make an impact.

Not only that, they will offer exceptional odds to tempt you betting on their website. A few points difference here and there might not seem like a lot, but in the long run or with bigger sized bets, there is some substantial money to be made here. You don't want to miss out on any exclusive deals going on, so make sure to cross-reference your odds across the board.

Promotions and Bonuses

While the older sportsbooks will rep a decent assortment of promotions, the newest platforms will give you some incredible bonuses and promotions to lure you away from them. You might be able to find enhanced odds, money backs, reward systems, and even free bets.

The whole industry is full of exciting offers to keep you coming back to play. However, new sportsbooks will likely be more generous, providing ludicrous deals that you cannot find anywhere else. Make sure you read all the terms and conditions attached to the promotions, though, as you don't want to get ripped off. 

Overall User Experience

Furthermore, the layout and design should be easily navigable, both on the desktop and mobile. You should also have access to customer support when needed, quickly, and smoothly. Look for 24/7 customer support, live chat, and free-toll numbers, whatever floats your boat.

New Sportsbooks FAQ

  • How many betting sites are online right now?

    At the time of writing, there are 15 online sports betting sites active in the US. With another 5 coming soon. We expect more and more platforms to emerge and diversify the market further.
  • What sports can I bet on?

    Nearly all professional sports are open to being bet on. It all depends on the sportsbook which games they offer. Make sure before you sign up with a sportsbook to check if your favorite sports are all being offered there.
  • Are there any restrictions on who can wager?

    Yes, you have to be physically present in a state where sports betting is legal to be able to place a bet. You also have to be over the legal gambling age of 21