What is Novig?

Novig is one of the fastest-growing peer-to-peer sports prediction markets where users trade directly against each other without the costs associated with a sportsbook.

Founded by Jacob Fortinsky and Kelechi Ukah, it has reimagined the sports betting experience by eliminating the commissions and limits imposed by sportsbooks and stands out with its vast set of sports markets and offerings.

What is a sports prediction market?

A sports prediction market is an online platform where users trade on the outcomes of sporting events, similar to a stock exchange. Instead of betting against a traditional bookmaker, traders buy and sell contracts with other users.

Novig: Understanding the Sports Prediction Market

  • Peer to peer, commission free: Novig users trade directly against each other on various sporting events and markets. There’s no sportsbook, no house, no limits.
  • Markets offered: Novig offers traditional sports markets, moneyline, spreads, totals, player props, parlays, and futures.
  • Sweepstakes framework: Novig operates under sweepstakes law with two virtual currencies:
    • Novig Coins: For fun and strategy testing. These cannot be cashed out.
    • Novig Cash: Redeemable for real cash prizes.
  • Widely available: Novig is accessible in 36 U.S. states.

Novig Promo Code / Welcome Bonus:

Use promo code WARREN on Novig to claim 10% off, up to $100 on your initial purchase.

Just go to the App Store to download the Novig app, create your account using the Novig promo code WARREN, and finalize your profile. You will receive this welcome bonus automatically upon completion.

Sign up for Novig today and receive up to $100 off your first purchase!

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In what states is Novig legal?

As of September 2025, Novig is legal in 36 U.S. states: Alaska, Arkansas, California, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Texas, Utah, Vermont, Virginia, Washington DC, West Virginia, Wisconsin, and Wyoming.

Novig operates under sweepstakes laws, not traditional betting, which allows users to gain access in more US states.

Are There Fees or Vig on Novig?

There are no commissions or vig on Novig trades, eliminating the house edge. Users are 10x more likely to be profitable on Novig than on any other platform.

How are odds set on Novig?

There are no oddsmakers on Novig. Users dictate their own odds through takes and makes. On Novig, you don’t have to just take the odds that the market is offering. You can set your own.

How do Trades Work on Novig?

Novig operates as a two-sided exchange: users either accept existing odds or set their own, and other users then fill those orders.

Novig trade example: If you set the Patriots at +300 to win versus the Chiefs with your Novig Coins, anyone taking the opposite side could flip the Chiefs to -300 on their end.

How do currencies work on Novig?

To function legally as a sweepstakes, Novig uses two virtual currencies:

  • Novig Coins: Novig Coins are used to play for fun. They provide the opportunity to express one’s predictions on sports events, win more Novig Coins, and compete against the Novig community. They are unredeemable and non-transferable.
  • Novig Cash: Novig Cash is a virtual currency that is used to participate in Novig's sweepstakes. Novig Cash can be redeemed for cash prizes at a 1:1 dollar ratio.

Additional Novig Features & Bonuses:

  • Free Coins and Cash with signup and automatic Coins top-ups when balances are low.
  • Daily login streaks offering increasing Novig Cash rewards.
  • Social tools: Leaderboards, trade slip sharing, Discord, and social media.
  • Referral bonuses, responsive support, and both mobile and web app interfaces.

Novig Sports Prediction Market Overview:

FeaturesNovig
FormatSweepstakes-style, peer-to-peer
Virtual CurrenciesNovig Coins (fun) / Novig Cash (cashable)
FeesNone — no vig or commissions
LiquidityUser-generated + Novig market making
Trade MechanicsSet odds or take existing offers
RedemptionNovig Cash redeemable 1:1 USD, min 20, 1× playthrough
Game TypesSports only (MLB, NFL, NBA, props, parlays, etc.)
Availability36 U.S. states & the District of Columbia
LegalitySweepstakes model; regulatory variation by state
Social FeaturesLeaderboards, contests, Discord, podcasts

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