Our Recommended New Betting Sites – December 2024
Following another round of testing done this month, our team added RakeBit to our new crypto betting sites list. We conduct such analysis to ensure our lists are always up-to-date with the latest operators.
Top 5 New Betting Sites Reviewed
1.RakeBit Casino – Best New Sportsbook in 2024
Rakebit is a new casino and betting site owned by Tech Group BL Limitada, established in 2024, and licensed in Costa Rica. This VPN-friendly site has easy-to-use navigation, quick registration, and many bonuses and promotions that await you after signing in.
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Pros
- 10+ cryptos accepted
- Fast Payments
- Good bonuses and VIP program
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Cons
- Limited responsible gambling tools
2. WSMCasino – Best For Many Popular Sports
WSM is a new crypto-focused online sportsbook launched by MIBS N.V. Casinos in 2023. There are over 20 languages available on the site. It has a modern, clean design, easy registration, and a license from the Curacao eGaming authority.
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Pros
- Wide variety of sports and esports betting markets
- Good selection of cryptocurrency payment options
- Helpful 24/7 live chat customer support
- Fast payouts, especially with e-wallets
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Cons
- Restricted in many countries
3. Betpanda.io – Best for Fast Payouts
Betpanda.io is an innovative no KYC betting site, operated by Betpanda Limited. Despite being established only in 2023, it has already grabbed the attention of the blockchain community with its unique approach to crypto gambling. It offers a range of payment options and bonuses to provide players with an exceptional experience.
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Pros
- Up to 1 BTC as a welcome bonus
- Provably fair titles have their section
- Dice betting
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Cons
- 80x wagering requirements on the welcome bonus
4. Duelbits – Best for Free Bets
Duelbits Casino is a crypto site launched in 2020, operated by Liquid Gaming N.V., and holds a license from the Government of Curacao. The casino offers traditional casino games, provably fair options, live casino titles, and sports betting, providing users with a comprehensive range of choices.
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Pros
- Excellent sports options
- Great promotions in the sports section
- Superb bet choices
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Cons
- No traditional welcome bonus
5. Winz.io – Best for Placing Bets on eSports
Winz.io is a crypto-focused bookie and offers over 20,000 monthly events across various sports and esports. Punters will be guaranteed fairness, speed, safety, and a top-tier experience. The balanced selection of wagering options makes it a good choice for both beginners and professionals.
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Pros
- Zero-cost crypto transactions
- Multiple crypto options
- Wide range of bets available
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Cons
- Many countries are restricted
Introduction
Digital currencies have seen a significant period of growth over the last decade. With more users, developers, and innovations, it will likely continue to be the case going into the next ten years.
More sportsbooks appear all of the time, which can make it a difficult proposition to choose the most suitable one. We understand players aren’t always able to spend the time researching what each site offers, but it’s still vital to find the best sportsbook.
As a result, sportsbook reviews are a vital aspect of finding an acceptable operator. We’ve covered the most critical factors players must consider when selecting a betting website.
With our reviews, players can find a trustworthy sportsbook, but how do we put together the best guides on the market? Keep reading, and we’ll take you through the whole process.
Understanding Sportsbooks
Crypto sportsbooks provide a different experience from standard online sports betting sites. While many feel digital currency payment options are the only way the websites differ, other distinctions make them stand out.
The sites most commonly provide a different experience through betting options. For example, players can access far more sports and eSports events with a BTC sportsbook than with standard ones. There’s also the ability to bet with provably fair games, which traditional betting sites don’t offer.
Anonymous betting is also much more likely with digital currency betting sites. Although not all sites provide the opportunity, the opportunity is never available with a traditional gambling operator. The ability to bet using digital currencies is a huge selling point, especially for bettors with a significant portfolio.
Where is Sports Betting Legal?
Let’s see how bettors can enjoy legal sports betting in some of the countries across the globe. |
UK
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USA
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Canada
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Pros & Cons
We’ve provided the top reasons players should seriously consider when betting with digital currencies, and the most prominent drawbacks to give our users an understanding of additional risks.
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Pros
- Faster access to funds
- Higher levels of security
- Ability to retain privacy and bet anonymously
- More betting choices for sportsbooks and casinos
- Significantly higher bonuses
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Cons
- Volatility can lead to a loss of value
- Fewer sportsbooks compared to traditional sites
How We Rate & Review Sportsbooks
We select new sportsbooks based on a variety of factors. However, before we complete a full site review, we always look into what we deem to be the most significant aspects. So, our first port of call is the following:
- Reputation
- Security Measures
- User Feedback
- Licensing
Each of those four factors is the most critical when selecting a sportsbook. Reputation and security are vital for players’ safety when using a site. Licensing ensures significant protections are in place if an operator doesn’t behave fairly. Finally, user feedback provides the lived experience of other bettors, which allows a genuine snapshot of what the sportsbook offers.
Once we have clarified a site is reputable, we begin to analyze it based on what’s available. Here we cover the different aspects of using the sportsbook and whether it’s worth creating an account. The various factors we cover in detail are as follows:
- Sports and Markets
- Competitive Odds
- Bonuses and Promotions
- User Interface
- Customer Support
Each factor is thoroughly reviewed to give our readers a complete breakdown of the site’s offerings. We then put this together to create a final score. We cover each aspect in detail to allow bettors to select the best sports betting sites for their own needs.
What Factors Should I Consider When Choosing a New Sportsbook Site?
Each player will have their own requirements when choosing a sportsbook. As a result, we’ve put together a guide that helps bettors to understand the variations in service each site offers. It ensures all our readers are fully informed and can find the most suitable sportsbook for their needs.
✔️ Welcome Bonus
Each site will provide a different welcome bonus to players. There are varying factors that go into what’s on offer. For example, some sportsbooks have substantial bonus amounts available. Up to 30,000 USDT or 7 BTC are examples of current welcome bonuses. So, high-roller players may want to look for a site with a larger bonus.
However, with a large bonus often comes significant wagering requirements. Bettors willing to take a minor bankroll boost can often get much lower rollovers. So, checking the full terms and conditions before accepting a bonus is essential. While the amount available may be appealing, the smaller bonuses often offer better conditions for players who want easier access to the bonus.
Overall value is also essential. While up to 5 BTC may seem appealing if it’s a 25% matched deposit, it’s not as generous as a 100% matched deposit up to 2 BTC. The terms and conditions also apply here, if players only have 7 days to complete wagering, it can make a bonus unobtainable.
✔️ Promotions
The same concepts apply to regular promotions, as with a welcome bonus. However, there are some factors where additional information is vital.
Firstly, regular reload bonuses are available. They typically work in the same manner as a welcome bonus but offer a lower percentage matched bonus. In addition, it allows players to claim regular bonuses over the lifetime of their account.
There are also seasonal offers which sportsbooks provide. These tend to come into play when significant sporting events occur. For example, bettors may find special bets available during the World Cup. Increased odds and parlay boosts are the most common during these events.
Finally, there may be contests and tournaments available. Each one will provide a different experience, but they can allow players to earn extra rewards for the bets they place.
✔️ Sports
Sports selection is a critical aspect. Without the right sports, players can’t wager on what they want. So, a fan of volleyball should look to ensure it’s available. If it’s not, they will find the sportsbook useless. However, it goes beyond just available sports.
For example, if the right events aren’t available, it makes it impossible for bettors. It’s not typically an issue for fans of more prominent sports, but it can become an issue for players who enjoy more niche sports.
Of course, eSports is another aspect bettors should look into. It’s a growth area of the market, providing plenty of potential for innovations. Players looking for good value bets can also find it through intensive research.
Finally, market choice is vital. With a poor market selection, finding the right bets is impossible. Many sportsbooks offer more than just moneyline, so anyone with a complex research strategy must ensure the required markets are available.
Deposit & Withdrawal Speed
One of the most significant benefits of digital currencies is the rapid transaction speed. Compared to fiat currency, bettors can access their funds far faster. So, ensuring the chosen sportsbook allows players to maximize this benefit is vital. Unfortunately, some sites add processing times, which can remove the benefits of depositing and withdrawing. So, players who want to claim their funds rapidly must check if the site offers instant withdrawal processing.
Although not explicitly linked to the withdrawal speed, players should ensure the site doesn’t charge fees. Transaction fees can eat into potential profits, so finding a site without fees is vital if playing with a tight margin. Deposit and withdrawal limits are another essential factor, as low-budget users may struggle with higher minimums. Conversely, high-budget players will want access to substantial maximums.
Verification before making a withdrawal is something else to research. Players who want to remain anonymous should ensure no KYC checks are in place.
Customer Support
Even at the best sportsbooks, issues can arise. As a result, high-quality customer support needs to be available. So, users should always research whether the customer service is up-to-standard.
Of course, it’s not just a case of finding out if it’s available. Bettors should also look into what support is offered. Live chat is necessary in the modern world, so players must discover if it’s available first and foremost. However, other support options are also important. Email, phone, and an FAQ allow all forms of users to access customer service.
An FAQ is particularly useful as it gives instant answers to potential issues. So, if it has the correct information, it can remove the need to contact support operatives.
The professionalism of customer service is also essential. For example, players don’t want to talk to someone rude and dismissive when contacting live chat. Checking the quality of customer service makes it simple to avoid these problems.
Restricted Countries
Country restrictions are likely at many sportsbooks. So for bettors, it’s critical to ensure they can access a site before signing up. A list of restricted countries is often available in the terms and conditions, but if not, we cover them in our sportsbook reviews.
Will’s Hot Take on the Use of VPN 🔥
Bettors can sometimes get past restrictions with a VPN. However, there are additional risks associated with VPN use. For example, some sites will confiscate funds if they find out a player has used one to create an account, as it contravenes their terms and conditions.
As a result, players need to weigh the potential risks before choosing to get around location restrictions.
It’s typically due to regulatory issues that sites restrict certain countries. However, sometimes it can be because the government doesn’t allow online or BTC gambling. So, bettors should ensure they check all regulations before signing up.
License
A regulatory license is often an excellent way to ensure a site is going to behave reasonably. It shows the sportsbook is willing to abide by regulations to operate. Therefore, seeing a license in place is typically a good sign. However, some exceptions exist, as some unlicensed sites provide an excellent service.
A regulatory license can come from several areas. The MGA and UKGC are usually the top names within the industry, but there are secondary licenses that provide just as much use to players. Curacao is the most common within the BTC world, so it’s typically the one bettors will find.
Although some sites without a license provide excellent service, players should choose licensed sites where possible. It increases the chances of high security and good service. As a result, we always cover the available licenses in our sportsbook reviews.
Final Thoughts
With the crypto landscape continually evolving, reliable sportsbook reviews are vital. In addition, regulations, blockchain potential, and betting options constantly change, so bettors must stay up-to-date with what’s available.
Using our reviews, players can instantly find out whether a site is trustworthy and its service quality. We conduct extensive research to create our reviews, guaranteeing players can find an informed and unbiased opinion.
We also cover the latest sportsbooks, so players can easily stay up to speed with the available options on the market.
Q&A Session
In this section, Will Wood will address your inquiries and the most common questions regarding New Sportsbooks and offer guidance to newcomers in the field.
Feel free to submit your questions through our contact form, and we will strive to respond within 48 hours.
Are new sportsbooks safe and legit?
It depends on the sportsbook. While most sites will be safe and secure, some operators don’t provide a fair environment. Our reviews help bettors find the safest sportsbooks and protect themselves.
What is the minimum withdrawal in new sportsbooks?
It varies between sites. Each site has a different withdrawal level, so bettors must research transaction limits using our sportsbooks.
Which sports and markets are typically available on new sportsbook sites?
Players will have access to the most popular sports, such as soccer, NFL, NBA, NHL, MLB, and tennis. There also tend to be niche options and eSports at sites with a comprehensive choice. Most sportsbooks will provide a significant selection of markets, so there will be prop bets, parlays and handicaps available.
Are there any restrictions or limitations on accessing new sportsbook sites?
Some sites will have limits in place. For example, at new sportsbooks, it tends to be location limitations. However, players can discover a complete list of restricted countries in our reviews for new betting sites.
Recommended Sportsbooks Picks
A pro gambling writer since 2015, immersed in the world of crypto since 2016, Will built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making him one of the most prominent voices in the industry. His high-quality reviews have been featured on prominent gaming platforms, making him a trusted authority in the field.
Nationality
British
Lives In
England
Facts Checked by Josip Putarek