Novig Prediction Markets

America's #1 peer-to-peer sports trading platform — commission-free, no house edge

42 States$500M Valuation$2B+ Annual Volume90%+ P2P Trades

Why Traders Are Choosing Novig

No House Edge

Novig is a peer-to-peer exchange. You trade against other traders, not the house. No hidden vig, no biased odds, no account limits for winning.

Commission-Free for Retail

Retail traders pay zero commission. Novig charges institutional participants instead — the opposite of every traditional sportsbook model.

Built for Sports

Unlike Kalshi and Polymarket which started with politics/crypto, Novig was designed from day one for sports traders: props, parlays, futures, and game outcomes.

Active Novig Markets

Market prices are approximate. Visit Novig for live pricing.

How the Novig Peer-to-Peer Exchange Works

  1. 1
    Pick a marketBrowse sports, props, parlays, or futures. Novig lists game outcomes, player milestones, and season-long contracts.
  2. 2
    Take a positionBuy Yes or No contracts priced in cents. Price = implied probability. $0.65 Yes = 65% chance the market prices that outcome.
  3. 3
    Trade with other usersYour contract is matched with another trader on the opposite side. 90%+ of Novig trades are fully peer-to-peer.
  4. 4
    Win or close earlyIf your outcome hits, contracts settle at $1.00. Or sell your position early at any time to lock in a gain or cut a loss.

Novig Coins vs. Novig Cash — How the Model Works

Novig Coins

Free-to-play currency. Used for predictions at no cost. Cannot be redeemed for cash.

Novig Cash

Redeemable for real cash prizes. Obtained through promotions, purchasing Novig Coins bundles, or via mail-in request (no purchase necessary). This is the sweepstakes structure.

CFTC transition: Novig has filed a CFTC DCM application through its holding company Ludlow Exchange. Once approved (~late 2026), the platform will transition to a fully federally regulated prediction market, phasing out the sweepstakes model.

Novig Promo Code (April 2026)

COVERS100$100 bonus
DIME1,000 Novig Coins + 5 Novig Cash

Referral bonus: 25 Novig Cash when a referred user deposits $25+.

Claim Offer on Novig

Novig vs. Kalshi vs. Polymarket vs. Robinhood

FeatureNovigKalshiPolymarketRobinhood
ModelPeer-to-peer exchangeCFTC-regulated exchangeCFTC-regulated exchangeCFTC (FCM via MIAXdx)
Trading FeesCommission-free (retail)No explicit fee0.10% taker (US)No explicit fee
Sports FocusBuilt for sportsMulti-categoryLimited sportsStrong sports
Available States42 states50 statesWaitlist rolloutMost US states
Market StructureP2P — trade vs. tradersMarket maker + P2PMarket makerKalshi infrastructure
Account TypeSweepstakes (CFTC pending)CFTC-regulatedCFTC-regulatedCFTC-regulated
Best ForSports traders who hate the vigBroadest market selectionLargest global liquidityExisting Robinhood users

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