Just for sports, Novig is using its viral marketing to tap separate itself from incumbent prediction marke
In this review, we'll explore all you need to know about Novig. Novig is a popular prediction market app where people can trade on sports.
Here's a sneak peek into our review of Novig, a federally regulated sports prediction market that's particularly popular among the sports crowd:
Find PredictionPro's full Novig review below so you can see why it earned our 4.1/5 rating.
The short version: federal oversight and a genuine no-vig model earn Novig real credit. Thin liquidity in smaller markets holds it back.
Federal designation drives most of this score.
The CFTC now regulates Novig as a derivatives exchange, not a state gaming operator. That shift brings real safeguards: market surveillance, anti-manipulation and insider-activity protections, and financial-market compliance standards.
Novig also earns credit for how it prices markets. Traditional sportsbooks bake a house edge into every line. Novig strips that out and lets you trade directly with other traders instead, at prices that move on supply and demand.
So what holds the score back? Liquidity. In smaller markets, you may wait a while for someone to take your other side.
Keep an eye on the courts, too. Many states have challenged sports event contracts, and those cases are still open.
With Novig, you can get $50 in trade credits after a $10 deposit with promo code PREDICTPRO.
If you need help claiming the welcome bonus, check out our complete guide to the Novig promo code.
Here's how to get started at Novig:
Yes. Novig operates as a federally regulated prediction market.
Novig filed its Designated Contract Market application through Ludlow Exchange, LLC in January 2026. Five months later, on June 16, the CFTC approved it, one of the fastest turnarounds in the agency's history.
Here's what that means for you. Federal derivatives regulation now governs Novig, not state gaming law or sweepstakes rules. Novig lists binary sports event contracts, you trade them against other people, and the whole thing sits in the same regulatory lane as Kalshi.
Federal oversight also brings protections you'd recognize from financial markets. Novig runs market surveillance, guards against manipulation and insider activity, and follows compliance standards designed to protect the people trading on it.
One caveat worth knowing: several states have challenged sports event contracts offered under CFTC authority. Those cases haven't resolved yet, and how they land could affect access in a handful of jurisdictions.
Novig's CFTC designation clears it to offer sports event contracts nationwide, in these states: AK, AR, FL, GA, HI, IL, IN, IA, KS, KY, ME, MA, MN, MO, NE, NH, NC, ND, OH, OK, OR, SC, SD, TX, VT, VA, DC, WI, and WY.
That's the whole advantage of the DCM model. One federal framework replaces the state-by-state licensing grind that sportsbooks still deal with.
To trade, you need to be 21+ and located in the U.S. Novig runs geolocation checks before it lets you place an order.
This is a big jump from where Novig started. The platform ran under state licenses in a couple of markets, then a dual-currency model across roughly 40 jurisdictions. Federal designation replaced both.
State challenges to sports event contracts are still moving through the courts, so access in a few jurisdictions could shift. Check the app before you plan around it.
Novig is available in 47 states plus Washington, D.C. The only exceptions are Arizona, Michigan, and Nevada.
Novig lists binary sports event contracts and matches you against another trader who wants the opposite side.
Each contract tracks a specific outcome — a team winning, a total going over, a player hitting a number. The contract settles at a fixed value depending on what happens. Between now and then, the price moves on what other traders will pay.
This is what "no vig" actually means. Sportsbooks price both sides so the house wins either way. Novig matches buyers and sellers directly and skips that margin entirely. Hence the name.
You don't need a trading background to use it. Browse the markets, pick your side and your price, and Novig finds you a counterparty.
Four steps:
Sports, and only sports.
Novig is an alternative to a sportsbook for sports fans who want better odds or don't have access to betting sites.
Novig lets you make predictions on the following sports and markets:
| 🏈 Sports | 📲 Market Types |
| NFL, NBA, NHL, MLB | Moneylines |
| NCAAF, NCAAB, NCAAW | Point Spreads |
| WNBA | Totals (Over/Under) |
| Tennis | Player Props |
| Golf | Parlays |
| UFC | |
| Soccer |
Novig offers unique props that are rarely seen on prediction market platforms, such as first basket scorer, passing completions, and anytime TD scorers. You can also flip any market from "Take" to "Make" and set your own custom odds, which are then posted for other users to accept.
Novig has expanded its market menu to include select esports and entertainment markets. Availability of these markets can vary by season and demand.
Novig calls itself the first prediction market built specifically for sports, and it ships on both the App Store and Google Play.
The iOS experience has received the strongest praise from users. User reviews on social media and the App Store consistently praise the iOS Novig app for responsiveness and speed, while the Android app receives more mixed feedback with some bug reports and performance issues on certain devices.
We found the design clean and sports-forward. Markets, open positions, and order entry all sit a tap or two from the home screen.
The home screen can feel crowded, with promos, filters, and markets all competing for attention in the same space, and the line-adjusting tool for spreads and totals can be awkward to use.
That said, core functions like browsing markets, placing trades, and reviewing your portfolio run smoothly.
Novig holds a 4.7-star rating on iOS and 3.4 stars on Android, so don't read too much into the gap; prediction market apps tend to run better on Apple across the board.
Novig builds mobile-first, but you can trade on desktop too. The company added a web platform in late 2025 after running app-only for years.
Its web interface is decidedly secondary to the mobile experience. On desktop, Novig provides access to markets and account management without the polished feel of the iOS app. Most of the platform's features — including the custom odds-setting tool and the portfolio view — are available on desktop, but the layout is less optimized for the trading workflow.
Checking prices or reviewing positions from a laptop? Desktop handles that fine. Trading actively or signing up with the welcome offer? Stick with the app.
Everything here traces back to the peer-to-peer model. You need another trader to take your side, and that shapes how the platform behaves.
In testing by OddsShark, browsing markets, placing or matching predictions, reviewing current offers, and currency switching all went off without a hitch.
Under normal conditions the app moves fast, especially on iOS. High-traffic moments — major playoff games, Super Bowl, March Madness — can create delays in match fills since you depend on another user to be on the opposite side, rather than an automated market maker absorbing your position instantly.
Novig has cleared more than $5 billion in cumulative trading volume, which points to real market depth.
Major sports should fill reliably. Push size on an NFL, NBA, or MLB primetime game and you'll likely find a counterparty. Chase a niche prop or a quiet league and your order may sit.
Slippage barely factors in here. You name a price, and someone takes it or doesn't. No algorithm moves the market against you mid-order.
Your real risk is a non-fill. Post aggressively in a thin market and nobody bites. Novig lists a lot of props and alternate lines, and plenty of them carry little liquidity. Stick to major game markets and this mostly disappears.
Novig handles money like an exchange. You deposit real funds, trade contracts, and withdraw what you make.
Novig splits payment methods into two pricing tiers. Cards and Apple Pay fall under standard pricing. Bank transfers, Stripe, and stablecoins earn discount pricing and cost you less.
The app displays both prices side by side at checkout, so compare before you confirm. If you deposit often, the bank transfer route saves you real money over time.
Usually one of two things.
Novig charges no vig. The margin sportsbooks bury inside every line simply isn't there. Instead, Novig charges a small, transparent fee on certain trades — and most trades cost you nothing at all.
You pay nothing when:
You pay a fee when:
Here's the official schedule:
P is the contract price in dollars, so a contract at 50¢ has a P of 0.50 and pays $1.00 if it wins. Because price doubles as implied probability, fees peak at even money and shrink toward the extremes — a live trade costs the same at −300 as it does at +300.
Only takers pay. Novig holds the maker fee at $0 across every trade type, which rewards you for putting liquidity on the book.
Novig's support is primarily app- and community-driven, with response quality generally praised for account-specific issues.
Novig now shares a regulatory lane with Kalshi and Polymarket. What sets it apart is focus — Kalshi trades everything, Novig trades sports.
Check out Novig's highlights throughout the years:
Novig has cultivated several partnerships to support its growth and market presence:
Novig follows responsible trading practices in line with CFTC exchange standards:
Novig settles contracts on official results from the relevant league or governing body. If you disagree with a settlement, reach out through in-app chat or email — the contract specifications Novig files with the CFTC govern the outcome.
No. Dodging Novig's geolocation checks with a VPN breaks the terms of service, and Novig can close your account permanently and withhold your funds. Only trade from places where Novig legitimately operates.
Make works like a limit order — you set your price, post it to the order book, and wait for someone to accept. Take works like a market order — you grab a price someone else already posted and your position fills right away.
Novig hasn't published a tax documentation policy for its regulated platform, and no major prediction market currently issues a trade-level 1099 for event contract profits. Your proceeds stay fully taxable regardless of what paperwork you receive. Keep your own records of trades and withdrawals, and talk to a tax professional about your specific situation.
No. Novig runs a CFTC-regulated prediction market where you trade binary sports event contracts against other people. No house takes your other side, and no margin hides in the pricing.
No. Novig runs a CFTC-regulated prediction market where you trade binary sports event contracts against other people. No house takes your other side, and no margin hides in the pricing.