Best New Sportsbooks 2024 – Top New Offshore Sportsbooks Reviewed

Author photo

Written by Dan Fitch

Updated: 07:21 am EST, 10/07/2024

There are new sportsbooks launching all the time around the world. That’s just the nature of the gambling industry today. We’re going to explore the best new websites for betting. Let’s start with revealing our five favorite fresh bookies.

betwhale

125% Deposit Bonus - Up To $1,250 To Bet On Sports

5 / 5
Review
tg-casino

Instant 200% Bonus Up To 10ETH

4.6 / 5
lucky block

200% Welcome Bonus Up To €25,000 + 50 Free Spins

4.3 / 5
WSM

200% Deposit Bonus Up To $25,000 + 50 Free Spins & 10 Free Bets

4.3 / 5
megadice

200% Bonus Up To 1 Bitcoin + 50 Free Spins

4.3 / 5

Best New Sportsbooks 2024

Here’s some more information about our recommended new online sportsbooks.

  1. BetWhale (2023) – Our #1 pick has a 50% odds boost offer
  2. TG Casino (2023) – Have already secured partnership with AC Milan
  3. Lucky Block (2022) – Crypto specialists launched their own currency LBLOCK
  4. WSM Casino (2023) – Wall Street themed sportsbook shows daily betting trade charts
  5. Mega Dice (2023) – Win cash prizes with betting contests at this new bookie

Reviews of the Best New Sportsbooks

Now it’s time to take a deep dive into this tops with our reviews of the best new betting sites.

1. BetWhale – Our #1 Pick of the Top New Betting Sites

BetWhale were launched in 2023 and have already established a great product for bettors. They’ve created an easy site to navigate around, with handy tabs for their sportsbook, live betting, racebook, eSports and casino. You’ll find that eSports betting is covered particularly well, with lots of games features and live streaming via Twitch.

So too are more traditional sports. At the time of our review there were some international soccer tournaments on, which had their own tab, to take you straight to the relevant markets. There’s also a Top Tournaments section, which shows you the trending events on any given day. We found that BetWhale’s odds were competitive and that’s especially true when their 50% odds boost offer is applied. New users can also take advantage of a generous welcome offer, that will get your BetWhale account off to a flying start.

Bonus Wagering Requirement Promo Code
Up to $1,250 to Bet on Sports 10x WHALECOME

Our Verdict: 9.7/10

Pros:

  • Live streaming for eSports
  • 50% odds boost offer
  • Separate racebook section
  • Generous welcome bonus

Cons:

  • Could cover a wider range of sports

2. TG Casino – Already Popular Amongst Soccer Fans

tg-casino-sports

TG Casino was also launched in 2023. As befits a new betting company, there is plenty of innovation on display. The slick site design makes it a dream to navigate around and you can easily scroll through the many sports, racing and eSports events available. It’s Telegram compatible and there are a wide variety of payment methods accepted, including lots of crypto options.

If you’re a soccer fan, that TG Casino may already have your attention. They have demonstrated their devotion to the beautiful game, by signing up to a partnership with the Italian soccer giants AC Milan. As part of this deal, TG Casino are able to offer a range of tickets, experiences and signed merchandise for their bettors. Other offers include a big welcome bonus and regular betting tournaments with cash prizes.

Bonus Wagering Requirement Promo Code
Instant 200% Bonus Up to 10ETG Wager initial deposit x6 to release 10% of Bonus N/A

Our Verdict: 9.5/10

Pros:

  • Slick site design
  • Win AC Milan experiences and signed shirts
  • Regular betting tournaments
  • Lots of payment methods

Cons:

  • Could have more sports betting promos

3. Lucky Block – Crypto Kings Have Made Big Noise in Betting

Lucky Block are the old timers amongst this group of new US sportsbooks, even though they only launched in 2022 themselves. They specialize in crypto to a degree where they even have their own currency called LBLOCK. You can buy crypto from the Lucky Block site and accept countless different types, so if you want to bet using this payment method, then this could be the site for you.

A crypto-specializing betting site could be seen as something of a gimmick if Lucky Block didn’t also have the sports betting product to back it up. Thankfully they do, with their sportsbook featuring intuitive design, a top live section, strong odds and daily bet boost offers. There’s a 200% welcome offer, betting competitions giving away sports tickets and cash prizes, along with deposit bonuses every Wednesday. Lucky Block have even invested in a blog site that provides exclusive interviews and betting advice.

Bonus Wagering Requirement Promo Code
200% Bonus Up to €25,000 + 50 Free Spins Wager initial deposit x6 to release 10% of Bonus N/A

Our Verdict: 9.4/10

Pros:

  • Have their own cryptocurrency LBLOCK
  • Two deposit bonuses every Wednesday
  • Blog site with betting advice
  • Daily odds boosts

Cons:

  • High wagering requirement on huge welcome offer

4. WSM Casino – Wall Street-Themed Sportsbook Shows No Sign of a Crash

This 2023-entrant to the world of sports betting features a unique Wall Street theme, with its sports betting handle WSM standing for ‘Wall Street Memes’. When you enter the lobby of the WSM Casino, you’ll find a range of charts in the style of financial trading reports, which show how much have been wagered at the various products available, including the sportsbook. Yet though the theme of this brand might be rooted in old-money, the outlook is extremely forward thinking, with this being a very crypto-friendly site.

The sportsbook product delivers with a crisp and clear design that is easy on the eye. Despite there being a huge range of betting lines across different sports and events, it’s very easy to find what you’re after. We especially appreciated their Hot Combos section which showed trending same-game parlays, that were then given an odds boost. As well as a large welcome offer, with also found a 15% cashback deal, a combo bet tournament and a VIP club.

Bonus Wagering Requirement Promo Code
200% Bonus Up to 1 BTC + 50 Free Spins Wager initial deposit x6 to release 10% of Bonus N/A

Our Verdict: 9.3/10

Pros:

  • Crisp and clear site design
  • Hot Combos section highlights boosted parlays
  • 15% cashback on sports bets
  • VIP club

Cons:

  • No horse racing available yet

5. Mega Dice – Class of 2023 Sportsbook Features Twice Weekly Reload Bonus

Last but not least we come to Mega Dice, which is another new addition to the array of sportsbooks, which launched in 2023. It’s a crypto-friendly casino and sports betting site, with Telegram compatibility. This new and forward-thinking brand have a suitably modern site. We found it nice and easy to navigate through the many sports available, which included horse racing and eSports options.

Daily odds boost offers were a welcome find. We also found a good range of offers for sports bettors, that begins with a mammoth welcome deal. There are betting tournaments to take part in, that feature cash prizes, while regular depositors can enjoy a reload bonus twice a week. With a loyalty program available, there is a lot to like about Mega Dice and we’re excited about where this new betting brand is headed.

Bonus Wagering Requirement Promo Code
200% Bonus Up to 1 BTC + 50 Free Spins Wager initial deposit x6 to release 10% of Bonus N/A

Our Verdict: 9.2/10

Pros:

  • Reload bonus twice a week
  • Horse racing and eSports available
  • Loyalty program
  • Win cash with betting tournaments

Cons:

  • Promos more focused on casino

How We Rate New Online Sportsbooks

Having seen our rankings of brand new betting sites you may be wondering how we came to our conclusions. Here are some of the factors that we consider when comparing fresh online sports betting options.

  • Betting Product – Even a newbie sportsbook must provide a quality betting experience for their users. We look for bookies to cover a wide range of sports and provide competitive odds.
  • Licensing – Users to be keen to use a legal sports betting site which they know is legit. Licensing goes a long way to assuaging any fears in this regard.
  • Safety & Security – When you’re trusting a sportsbook with your money and personal details, you want to know that they will be safe. Our recommended bookies use the latest security technology to ensure this will be the case.
  • Banking Options – We like to see a healthy mix between traditional payment methods such as online banking transfers and newer ones such as cryptocurrency.
  • Bonuses & Promotions – Sports betting bonuses are a good way for bookmakers to give something back to their users.
  • Features – Established sportsbooks are rich with features such as betting apps, live streaming and cash out options. While we don’t expect new brands to have all this, we do like them to be starting on that journey.

If you want a more thorough explanation on this topic, we have a guide to how we rate sportsbook sites, for you to check out.

How New Sportsbooks Compare

To make it easy for you to compare our recommended new sport betting sites, we’ve produced the table below showing their key strengths, features and information on their respective deposit match offers.

Sportsbooks Bonus Promo Code Live Betting Key Features
BetWhale Up to $1,250 to Bet on Sports WHALECOME
Separate racebook
TG Casino Instant 200% Bonus Up to 10ETG N/A
AC Milan tickets, experiences and signed shirts to be won
Lucky Block 200% Bonus Up to €25,000 + 50 Free Spins N/A
Can buy crypto from the site
WSM Casino 200% Bonus Up to $25,000 + 50 Free Spins N/A
15% cashback
Mega Dice 200% Bonus Up to 1 BTC + 50 Free Spins N/A
Two reload bonuses every week

Are Top New Offshore Sportsbooks Legal?

The parameters of legal gambling can be confusing for bettors. This section is intended to make that topic easy to understand.

All of our recommended offshore sportsbooks are fully licensed and regulated, even though they are all relatively new to the market. No federal law currently outlaws the use of offshore sportsbooks, so they can safely and legally be used in any state that has not yet formalized legal sports betting.

If you are in a US state where sports betting has been legalized and regulated marketplaces have been put in place, then you should show some caution. Some of these states have laws which specifically prohibit the use of offshore sportsbooks.

So we would advise that you ensure that our recommended offshore sportsbooks are not outlawed in your particular state, before you commit to using them.

Pros & Cons of Wagering with the Best New Betting Sites

As is the case with most things in life, there are both advantages and disadvantages when it comes to new sports betting sites. Here are the pros and cons as we see them.

Pros:

  • New sportsbooks are innovative to attract attention
  • Fresh competition good for the industry and keeps standards high
  • Generous welcome offers and sportsbook promos to stand out from the crowd
  • New online sites have fresh and modern designs
  • Tend to support crypto with fast payout speeds

Cons:

  • Not as many features as a major player in betting industry
  • Don’t always cover full range of favorite sports such as horse racing
  • New Sports Betting Sites vs Established Sportsbooks

New Sportsbooks vs Established Sportsbooks

We’ve touched on some of the differences between new and older sportsbooks in the previous section. Let’s take a deep dive into the topic and really compare the difference between new sportsbooks and their more established competition.

New SportsbooksEstablished Sportsbooks
  • Newly created sites which are mobile-friendly
  • Fully legal sportsbooks eager to build a reputation
  • Often very crypto-friendly
  • In-depth coverage of newer betting markets such as Esports
  • Big welcome deals to attract new bettors
  • Innovative features to shake up the industry
  • Tend to have specialist betting apps available
  • Already trusted with an established brand
  • Supports broader range of traditional banking method and fiat payment types
  • Popular sports covered with huge number of lines and player props
  • Broad range of regular promotions for existing bettors, such as parlay insurance
  • Already have range of features such as cash out, same game parlay and betting tips

What to Look out for with the Best New Sportsbooks

Here are some factors that you should consider if you are thinking about signing up with any new sportsbooks.

  • How is the Betting Experience? – The site should be well-designed and easy to navigate around. Check that the sports that you’re interested in are covered, with plenty of markets and competitive odds.
  • Is the Sports Betting Legal? – Whether based in the US or offshore, any betting site that you sign up with needs to be licensed by a recognized regulatory body. Such information should be clearly available on their homepage, allowing you to click through and check out their credentials.
  • Any Reviews Yet? – If someone has a negative experience with a sportsbook, you can bet that they will tell people about it. Check out online reviews, which will highlight any issues that have yet to be ironed out.

Comparing Sign-Up Bonuses on New Online Sports Betting Sites

Let’s take a look at the various welcome offers available, along with information on sportsbook promo codes, wagering requirements, deposit expectations, time limits and crypto compatibility.

Sportsbook Sign-up Bonus Promo Code Rollover Minimum Deposit Expiry Date Bitcoin Accepted
BetWhale Up to $1,250 to Bet on Sports WHALECOME 10x $20 30 days
TG Casino Instant 200% Bonus Up to 10ETG N/A 60x 0.01 BTC 30 days
Lucky Block 200% Bonus Up to €25,000 + 50 Free Spins N/A 60x 0.01 BTC 30 days
WSM Casino 200% Bonus Up to $25,000 + 50 Free Spins N/A 60x 0.01 BTC 30 days
Mega Dice 200% Bonus Up to 1 BTC + 50 Free Spins N/A 60x 0.01 BTC 30 days

Banking Methods for Deposits & Withdrawals at New Sportsbooks

A factor that can often be overlooked when people are considering which new offshore sportsbooks to sign up with, are banking methods and payments.

Yet you cannot place a bet without making a deposit and if you’re successful, you may well want to make a withdrawal. Here are some of the different type of payment methods that you will come across at new sportsbooks.

Crypto / Cryptocurrencies

Cryptocurrencies are becoming an increasingly common options at sportsbooks and that’s especially true of new betting sites. They’re a discreet method of payment, that are very fast and don’t feature fees. Here are some of the main forms of crypto that you can expect to find.

  • Bitcoin
  • Ethereum
  • Litecoin
  • USDT

eWallets

An eWallet acts as a convenient halfway house between your bank account and your betting account. Funds can be transferred between bank and bookie swiftly using an eWallet as a conduit, with no fees normally applied. Here are some of the major eWallet brands that are supported by sportsbooks.

  • Paypal
  • Neteller
  • ecoPayz
  • Skrill

Traditional Banking Options

Some people still prefer to use traditional methods, to simply move funds directly from their personal banking accounts, to their sportsbook accounts. The downside can be longer waiting times for transactions to go through and there can be fees. Here are some of the traditional banking options available.

  • Bank Transfer
  • Debit Cards
  • Credit Cards

Comparing Popular Markets on New Online Betting Sites

Here is some information on the betting markets that you can expect to find at our recommended sites.

New Sportsbooks Moneyline Spreads Totals Futures Props Parlays SGPs
BetWhale
TG Casino
Lucky Block
WSM Casino
Mega Dice

Top Tips for Making the Most of New US Sportsbooks

By now you may be desperate to try one of our recommended new online betting sites. Before you do, take some time to consider these tips for making the most of your experience.

Make the Most of the Hospitality

As we’ve mentioned, new brands in the betting industry often look to gain attention by offering generous welcome bonuses. Essentially, such offers give you free money to bet with, which is a valuable tool.

For one, if your bets are successful, you will eventually have some winnings to withdraw. Wagering requirements can make this difficult, but even so, having extra funds to bet with at the bookies’ expense can help you learn the betting ropes, ultimately making you more successful when your own funds are at stake.

Use Features Fully

It’s not just welcome offers that are available at new bookies. They should also have a range of bonuses for existing users. In our review of our recommended sites in this category, we found offers such as reload bonuses, odds boosts and betting contests.

Even more so than is the case with welcome offers, it pays to make the most of such offers. Also make sure you avail yourself to features that sportsbooks may have, such as the ability to make same game parlays, cash out and blog sites featuring betting tips.

Learn to Make Like a Handicapper

As we mentioned in the last point, some sportsbooks such as Lucky Block, have blog sites featuring betting advice from expert handicappers. We would recommend using such resources. Not only will they give you betting tips to follow, but by reading the reasoning and explanations behind their decisions, you will learn how they go about their business.

You’ll notice that they often back up their tips with stats that support their picks. Bettors do not become successful by relying on hunches. They do their research thoroughly, to give themselves a fighting chance to beat the bookie.

Find Value

Successful gamblers are on a perpetual quest to find value. The odds of a bet imply a certain probability of the event is question occurring. If you feel that that the true probability is greater still, then congratulations, because you will have found a value bet, where the odds are bigger than they really should be.

The gap between the implied probability and the true probability is known as expected value or EV for short. Assessing the true value of a bet winning is the difficult part. The more experience you become and the more in-depth your research, the easier it becomes.

Responsible Gambling on Brand New Betting Sites

Betting is intended to be a fun activity. If it ever reaches a point where that ceases to be the case, then there is help at hand.

If you feel like your gambling has become a problem or is out of control in some way, then we would point you towards the National Council on Problem Gambling. The NCPG has both educational information and practical help, for those that need it.

Another option is to call 1-800-GAMBLER, to speak to a trained counselor. Legal betting sites take problem gambling seriously and there are measures by which you can limit your gambling at sportsbooks, or even exclude yourself from their use.

The Best New Offshore Sportsbook

Of all the new sportsbooks that we reviewed, we decided that BetWhale was the best in class. They excel in new betting areas such as eSports, but they are also providing great coverage of more traditional sporting events such as the NFL, with BetWhale having quickly established itself as one of the best new football betting sites around.

There’s a big welcome offer with realistic wagering requirements, a 50% odds boost offer and a separate racebook. It’s an impressive start from BetWhale, that makes you wonder just how good they’ll be, ten years from now.

FAQs

How safe are new sportsbooks?

What is the best new betting site?

Are new offshore sportsbooks legit?

Why should I try new betting sites?