New Betting Sites February 2024

Legal online sports betting continues to rapidly increase in popularity as more states and operators launch. Some intriguing new online sports betting sites have entered the industry in 2023, such as Fanatics Sportsbook, ESPN BET, and Betr.

Updated on 02/27/2024
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Updated on 02/27/2024
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Updated on 02/27/2024
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These exciting new online betting sites provide users with all the major sports to wager on through a variety of options such as live betting, same game parlays and spread betting. These new sports betting operators each have competitive odds compared with other established top betting sites.

In this article of the best new online sports betting sites, we'll dive into each platform relating to the sign up process, welcome offers, top features, and more.

WHAT ARE THE BEST NEW BETTING SITES?

Last Updated February 27, 2024 12:49 PM ET

There's been some great new sports betting sites added for users in 2023. Some of the notable new online sports betting sites are Fanatics Sportsbook, ESPN BET, and Betr.

FANATICS SPORTSBOOK

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Offer Terms: Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO/KY/MD/OH/MI/PA/TN/VA/VT/WV) or (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), (800)-327-5050 or http://gamblinghelplinema.org (MA), or www.mdgamblinghelp.org (MD), or http://1800gambler.net (WV)

Fanatics Sportsbook is the new sports betting platform from the well-known retail titan. Fanatics entered the betting industry by outbidding DraftKings for the rights to PointsBet US for $225 million.

With a slew of quality features, the new online sportsbook has plenty of potential to emerge as a viable contender in the industry.

FANATICS SPORTSBOOK LAUNCH

Fanatics Sportsbook received its first legal betting license in Maryland in June 2022. In 2023, the online sportsbook kicked off in multiple states, including Ohio.

Fanatics Sportsbook most recently went live in Indiana on Feb. 27.

FANATICS SPORTSBOOK PROMO CODE

Fanatics Sportsbook has an intriguing welcome offer for new mobile betting app users.

The deal at the online sportsbook is: Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!

You don't need a promo code to access this bonus bets offer and start online betting on the platform. All you have to do is head to the Fanatics Sportsbook site to begin the sign up process to get your bonus bets.

PROS AND CONS FOR FANATICS SPORTSBOOK

As one of the newest online sportsbooks, Fanatics Sportsbook is a fresh and exciting option for legal sports betting. However, while the online sportsbook is a promising brand, there's still pros and cons as it continues to expand in further states.

Pros 👍

  • Many online sports betting options.
  • Ability to earn rewards for the brand's online retail shop.
  • Brand recognition through merchandising.

Cons 👎

  • Glitching on the mobile betting app.
  • Some users report problems with registration.

HOW DO I SIGN UP ON FANATICS SPORTSBOOK?

Signing up for Fanatics Sportsbook is a simple process for new users looking to participate in online sports betting on the platform.

Here's the steps to get started with the online sportsbook and acquire your bonus bets:

  1. Go to the website or download the app.
  2. Navigate to the registration and sign-up area.
  3. Input personal information like username, name, password, address, email address, etc. to begin your account.
  4. Confirm your identity via a variety of methods, such as an ID photo or the last four digits of your SSN.
  5. Read through the terms and conditions then accept to confirm the bonus bets offer.

ESPN BET

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As the Worldwide Leader in Sports, ESPN BET's foray into legal sports betting was a monumental moment in November 2023.

ESPN's massive audience base means the company comes equipped with the budget to make a major splash in the sports wagering industry. So far, ESPN BET has already proven to be one of the best betting sites courtesy of some stellar functions.

ESPN BET LAUNCH

ESPN BET launched on November 14, 2023 as a new betting platform through a deal with PENN Entertainment. PENN will pay ESPN $1.5 billion over 10 years, along with granting ESPN $500 of warrants to acquire 31.8 million common shares of its company.

Currently ESPN BET is available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.

ESPN BET PROMO CODE

ESPN BET has a dynamic promo code deal for new users at its sports betting app.

Make Any Sportsbook Bet, Get $150 in Bonus Bets - Guaranteed! You can collect this offer through signing up with the promo code VIBONUS.

HOW DO I SIGN UP ON ESPN BET?

ESPN BET has an easy sign up process for new users to get underway with sports betting through the platform.

Here's how to start online betting at ESPN BET:

  1. Head to the ESPN BET sign up area of its online betting site.
  2. Through the sign up window input your username, password, and the promo code VIBONUS to collect the deal.
  3. Place your initial deposit and wager to activate your bonus bets.

PROS AND CONS FOR ESPN BET

ESPN BET has the potential to be one of the best sports betting sites. Yet, there's still going to be positives and negatives as ESPN continues to establish itself in the legal sports betting industry.

Pros 👍

  • Prominent sports brand because of its massive audience.
  • Unique sports betting promotions based on its coverage of events.
  • Launched its new betting site in many states because of deal with PENN Entertainment.

Cons 👎

  • Lack of live streaming.
  • Early complaints of slow processing time for payouts.

BETR

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Betr is a new sports betting site that was founded by Joey Levy and Jake Paul, the YouTuber star that transitioned into becoming a boxer.

The online sportsbook has carved out a niche as a platform that singularly focuses on micro betting. Micro betting pertains to wagering on something that has nothing to do with the final score of a game, such as the outcome of a drive in an NFL game.

BETR LAUNCH

It's a small list of states so far for Betr. The online sportsbook launched in Ohio on Jan. 1, 2023. The other live state for Betr is Virginia.

BETR PROMO CODE

Betr has a welcome offer for those in the aforementioned states.

The deal is: Betr No Sweatr: Get Your First Bet Covered up to $250! You can obtain the offer through the promo code VEGAS.

HOW DO I SIGN UP ON BETR SPORTSBOOK?

Betr makes it a breeze to start sports betting on its platform. Here's how to begin with the online sportsbook.

  1. Go to the Betr website or download the sports betting app.
  2. Provide your email address.
  3. Enter the promo code VEGAS to acquire the welcome bonus.
  4. Set up your account through some personal information then wait for verification.
  5. Read and accept the terms and conditions.
  6. Place your initial deposit to begin sports betting.

PROS AND CONS FOR BETR SPORTSBOOK

Betr is a unique sports betting site compared to others in the industry. Let's evaluate the pros and cons of the online sportsbook.

Pros 👍

  • User-friendly interface.
  • High variety of live betting options.
  • Commitment to responsible gambling such as the inability to bet with credit cards.

Cons 👎

  • Customer support.
  • Glitching while setting wagers.

WHY YOU SHOULD TRY NEW BETTING SITES

It's smart to try new betting sites when they launch for a variety of factors. Reasons include new sign up promotions, better odds, different online sportsbook experiences, and fresh payment options.

Let's explore each of these in detail.

NEW SIGN UP PROMOTIONS

When new online sportsbooks hit the market, they're typically accompanied by some excellent sports betting bonuses. These new promos at legal betting sites are savvy opportunities for introductory value.

Fanatics Sportsbook, ESPN BET, and Betr each have welcome offers for online wagering at their respective platforms.

At Fanatics Sportsbook, when you sign up you'll get this: Bet $100, Get $100 in Bonus Bets Every Day for 10 Days! (No promo code needed.) ESPN BET has this offer: Make Any Sportsbook Bet, Get $150 in Bonus Bets - Guaranteed! Use the promo code VIBONUS. Betr allows new users to get the welcome offer: Betr No Sweatr: Get Your First Bet Covered up to $250! Just use the promo code VEGAS.

BETTER ODDS

Even if you have an operator that you enjoy participating with, it's always a smart thing to compare odds from other sports betting sites.

Shopping odds will make you much more informed for your sports betting decisions. Occasionally, the lines at each sports betting site can greatly vary. That's why doing research on competitive odds can help you avoid paying extra vig than necessary.

You can also utilize our odds page as a reference.

DIFFERENT SPORTSBOOK EXPERIENCES

Each online sportsbook will have different user designs. That's why taking advantage of a variety of online sportsbooks could be smart for sports betting.

The user experience will vary across each online sports betting site. Some sports betting sites might have a layout that's more optimal for you to navigate. Other online sportsbooks could run deals for existing users that cater to your interests. Betting markets can also be varied across each operator.

The optimal thing to do is utilize an assortment of operators to hone in on which ones will eventually become your favorite betting sites.

FRESH PAYMENT OPTIONS

Another key aspect of the best sports betting platforms includes payment options.

Payout speed is obviously an enticing factor when perusing through online sports betting sites. Being able to access your earnings in a swift fashion is an accommodation that users have come to expect at the top online sportsbooks.

Be sure to look into the payment differences across online sportsbooks to decipher which suit your preferences.

HOW TO PICK THE BEST NEW BETTING SITES

When it comes to sports betting, it's wise to consider your bankroll and betting interests. These simple steps should assist in determining the best sports betting sites to cater to what you're looking for.

SCAN THE BETTING SITE

Before signing up, users should be able to look over a sports betting site before signing up. This is advantageous in order to get used to the platform before committing to it. You can sort through the menus to see what online sports betting options they have, as well as inspect any other perks for creating a sportsbook account.

READ BETTING SITE REVIEWS

New users should always read multiple reviews regarding the legal sports betting sites they're interested in. Getting unbiased advice from people who've already used these sports betting sites is a tremendous asset in the decision making process.

Also, VegasInsider has a vast catalog of reviews to assist as you look into various sports betting sites.

PLAN YOUR BANKROLL

Planning your bankroll is a vital aspect of participating at a sports betting site.

A good rule of thumb with sports betting is to never wager more than you can manage to lose. Sports betting sites have resources to allow you to set wagering limits. A smart wagering limit would be 1% of your net worth. Build sustainable sports betting habits from the onset by not chasing wagers and educating yourself on the self-help tools.

SIGN UP FOR NEW BETTING SITES

Once you've finished your research and are ready to get in on the action, the sign up process to collect welcome offers will be smooth at new betting sites.

Once you place your initial deposit at these online sportsbooks, you'll be set to get started with sports betting. However, it's wise to thoroughly look over the terms and conditions first in order to ensure there's no confusion on the rules for the welcome bonus.

WHAT NEW BETTING SITES ARE COMING IN 2024?

Fanatics Sportsbook and ESPN BET were the most highly anticipated launches in 2023. Currently, we don't have a lot of information about any new betting sites that will be launching in 2024.

However, there's two confirmed states launching legal online sports betting in early 2024 that we're excited about.

VERMONT SPORTS BETTING

In June 2023, Gov. Phil Scott signed bill H.127 to make sports betting legal in Vermont. The Green Mountain State officially went live with legalized online sports betting on Jan. 11, 2024.

The three legal sports betting sites that are operating in Vermont are: Fanatics Sportsbook, FanDuel Sportsbook, and DraftKings Sportsbook. Each of these operators are in place with respective three-year contracts for their betting apps.

Vermont doesn't have any pro teams but these operators should still have a good amount of customers in the betting market because of the state's thriving tourism.

NORTH CAROLINA SPORTS BETTING

Gov. Roy Cooper signed HB347 in June 2023 to solidify North Carolina with legal online sports betting.

The law will go into effect in January 2024 but legalized online sports betting is expected to launch sometime after the Super Bowl in the early to mid portion of the year.

On Dec. 5, ESPN BET secured a spot in the state through a deal with Quail Hollow Club, a PGA Tour location. Fanatics Sportsbook entered into a partnership with the NHL's Carolina Hurricanes on Dec. 15, 2023 to gain official access into the Tar Heel State.

North Carolina is primed to be a vibrant betting market not just due to its strong fanbases for college football and college basketball, but also because of professional franchises such as the Carolina Panthers, Charlotte Hornets and the aforementioned Hurricanes.

OTHER TOP SPORTS BETTING SITES

While new betting sites continue to sprout up, there's a strong collection of trusted operators which provide great sports betting experiences for many users.

FANDUEL

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FanDuel Sportsbook is widely acknowledged as one of the best sports betting sites.

Users rave about the functionality of the platform, including short load times and an easy to use bet slip function. FanDuel Sportsbook has a top-notch collection of popular wagering types such as same game parlays and live betting. The online sports betting site is also highly rewarded for its user safety.

The operator also has terrific options for daily fantasy sports as well, which isn't shocking considering its lofty status in that industry.

BETMGM

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BetMGM is a major player in the sports wagering industry.

BetMGM is one of the best sports betting sites because of its stellar app. The interface isn't intimidating while also giving users the flexibility to modify it to their liking, making it one of the top betting apps. It's very simple to locate what betting options you're trying to find.

There's ongoing promotions and offers for users to take advantage of which can accessed on the platform.

BetMGM is also one of the best online betting sites because of its large amount of live streaming options. Live streaming while live betting is a wonderful combination for users.

BET365

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bet365 originated in the UK and has made a splash across the pond as a growing brand in the states as one of the best sports betting sites.

Through one login, users will be able to use both the online sportsbook and online casino gaming sections of the platform.

The layout is simplistic and comforting. This uncluttered view enables users to efficiently locate the online sports betting types and markets. Early payout in sports such as the NFL and college football is another example of why bet365 stands as one of the premier betting apps.

CAESARS SPORTSBOOK

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Caesars Sportsbook is certainly a regal option as one of the top online sports betting sites. Caesars Sportsbook has vaulted into the upper echelon of the sports betting industry thanks to its competitive odds, high wagering limits, and diverse variety of payment methods.

The Caesars Sportsbook app has plenty of enticing promotions to utilize for pro and college sports betting. Caesars Sportsbook additionally has an impressive selection of odds boosts and profit boosts for sports bettors.

Caesars Sportsbook also has a handy dropdown menu for users to select the platforms for each live state.

DRAFTKINGS

DraftKings began in the daily fantasy sports sphere and has since transformed into a property considered by many to be one of the best betting sites.

DraftKings runs a first-class operation across all aspects of its legal online betting platform. There's a ton of stats and analysis on pro and college sports for sports bettors to be as informed as possible.

DraftKings has all the top betting types you'd expect at a brand of their caliber like same game parlays, live betting, and live streaming. Adding to the online sports betting experience is the operator's social media hub to build community and camaraderie amongst users.

DraftKings also incentivizes users via completing mission tasks like setting a certain amount of live bets during an allotted span.

NEW BETTING SITES FAQS

WHAT IS THE BEST BETTING SITE?

There's no cut and dry best betting site because it will depend on which factors are most important to you. However, some of the best betting sites include Caesars Sportsbook, BetMGM, FanDuel Sportsbook, bet365, and DraftKings Sportsbook.

WHAT ARE NEW BETTING SITES?

Some of the top new sports betting sites that launched in 2023 include ESPN BET, Fanatics Sportsbook, and Betr Sportsbook.

HOW MANY ONLINE SPORTSBOOKS ARE THERE?

There's nearly 40 online sportsbooks throughout the states solidified with sports betting legislation.

WHICH STATES IS GAMBLING LEGAL?

Online sports betting is currently legal in Arizona, Arkansas, Colorado, Connecticut, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Virginia, Washington D.C., West Virginia, and Wyoming. North Carolina and Vermont will be the next two betting markets to arrive in 2024.

WHAT BETTING SITE PAYS OUT THE FASTEST?

Some of the top established betting sites for fast payouts include FanDuel Sportsbook, DraftKings Sportsbook and BetMGM.

WHAT BETTING SITES GIVES THE BEST PROMOS?

Some of the best sports betting promotions can be found at operators such as Fanatics Sportsbook, ESPN BET, and bet365.

OUR NEW BETTING SITES FINAL THOUGHTS

It's an exciting time as regulated sports betting continues to grow with more operators and live states.

In 2023, the legalized sports wagering industry became stronger with the additions of Fanatics Sportsbook, ESPN BET, and Betr Sportsbook. Each of these operators has intriguing betting apps and new user promos.

The upcoming arrival of legalized sports betting in Vermont and North Carolina is something to look forward to in 2024. It will certainly be fascinating to witness if anywhere else decides to legalize sports betting in the upcoming future.

Overall, sports bettors in live states have more quality options thanks to the new online betting sites, and that versatility is a major plus.