Sequence Settings Premiere Pro

6/8/2019
Hello there!
So here's my problem:
I've recorded a bunch of material by using fraps on my computer. But when I take it in to Premiere it either get's 'boxed' with pillars on the side or just desn't fit at all. I believe this is because I don't know what sequence/export setting I should use.
The footage I have been recording have the resolution of 1680x1050, 60 fps, so I tried to make a custom preset where the output is in the same resolution, but it just looks wierd and doesn't fit all. Also, the quality get's screwed up, I believe that is because I may be using the wrong video codec at the render.
The premade sequence settings that has almost worked perfectly is DVCPROHD 720p60 but I get those black pillars at the side.
Just to make clear
I am after high quality settings that I can render out and post as 720p on youtube.
I use Adobe Premiere Pro 5.5
The footage I've recorded with fraps are 1680x1050 60fps
Any solution or even an exact preset would be greatly appriciated, thanks!

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