With the effort to precisely predict the lifetime of asphalt binders and subsequently optimize their utilization in a more economical way, the objective of this study was to introduce a new methodology to improve the fatigue characterization of asphalt binders through a new dynamic shear rheometer (DSR) sample testing geometry. Initially, numerical analyses were performed to study the geometry-related issues of a standard DSR sample on time sweep tests, and to assist in the effort to increase understanding of the DSR damage phenomena of asphalt samples. On the basis of these numerical analyses, a new testing geometry, the parallel hollow plate, was developed and its test results compared with the standard sample testing geometry. A single type of asphalt binder was assessed using amplitude sweep tests. The obtained results demonstrated a significant difference between the fatigue of the two sets of DSR sample geometries. On the basis of these, time sweep tests were conducted for the same sample geometries and the results demonstrated that the new testing geometry yields material response consistency under different loading conditions. The lifetime prediction of the standard parallel plates showed a significant difference with the newly developed DSR sample testing geometry by overestimating the total number of cycles until asphalt binder failure. The new testing geometry allowed the isolation of the damaged area of asphalt binder by localizing the shear stresses in the samples’ periphery.