Novig Prediction Review: Pros and Cons of This Peer-to-Peer Sports Prediction Market
This Novig Prediction review explores the pros and cons of the peer-to-peer sports prediction market, including how event-contract trading works, what fees apply, and what eligible users can expect from the platform.
Novig Prediction operates through Ludlow Exchange, LLC, a CFTC-designated contract market. Eligible users can trade sports event contracts at market-driven prices, including moneylines, spreads, totals, props, futures, and parlays.
New eligible users can currently deposit $10 and receive $25 in Trade Credits. In this article, we’ll look at Novig Prediction’s welcome offer, fees, sports markets, payment methods, safety features, and overall trading experience.
NOVIG Prediction quick review
Novig Prediction is a peer-to-peer sports prediction market available to eligible users aged 21 and older. The platform is currently restricted in Arizona, Michigan, and Nevada.
One of Novig’s main features is its exchange-style trading model. Rather than accepting a fixed sportsbook line, users can either take an available market price or submit a Make Order at the price they want.
If another participant accepts that price, the order is filled. If not, the order can remain open until it is matched, canceled, or otherwise expires under the market rules.
This gives traders more control over execution than a conventional sportsbook model, particularly when they are willing to wait for a preferred price.
Novig does not charge the same fee on every trade. Pre-game straight trades and filled maker orders are currently fee-free, while live taker trades and parlays can carry variable fees.
Popular sports markets include the NFL, NBA, WNBA, UFC, MLB, college football, NHL, MLS, PGA, college basketball, ATP, WTA, and other supported sports and leagues.
More on Novig Prediction
Novig primarily operates as a peer-to-peer exchange, with prices shaped by available orders and market activity.
Where liquidity is limited, Novig may also work with market makers to provide available prices and help facilitate trades. The amount of liquidity in a market can affect the price available and whether a position can be entered or exited immediately.
Eligible users can fund their accounts using supported payment methods and trade directly with account funds. Promotional Trade Credits may also be issued through qualifying offers, including the current new-user offer of $25 in Trade Credits after a $10 deposit.
Novig requires users to be 21+ and physically located in an eligible jurisdiction.
Pros
- CFTC-regulated prediction market
- Deposit $10, get $25 in Trade Credits for eligible new users
- Set your own price using Make Orders
- Pre-game straight trades are currently fee-free
- Filled maker orders carry no trading fee
- Sports-focused markets including moneylines, spreads, totals, props, futures, and parlays
- Positions may be sold before settlement when sufficient liquidity is available
- Multiple supported deposit and payout methods
- Rewards program with Novig Points, challenges, and other promotional incentives
Cons
- Restricted in Arizona, Michigan, and Nevada
- Available to users aged 21+ only
- Liquidity can vary by market and may affect execution or early exits
- Live taker trades and parlays can carry variable fees
- Sports-focused, so users looking for politics, economics, or broader event markets may prefer another platform
NOVIG Prediction general overview
| Feature | Details |
|---|---|
| Operator Name | Novig Prediction |
| Operator / Exchange Entity | Ludlow Exchange, LLC d/b/a Novig |
| Year Founded | 2023 |
| Regulator | Commodity Futures Trading Commission (CFTC) |
| Regulatory Status | Designated Contract Market |
| Minimum Age | 21+ |
| Markets | Sports event contracts across major professional and college sports |
| Contract Types | Moneylines, spreads, totals, props, futures, parlays, and live markets |
| Trading Model | Peer-to-peer prediction market with Make Orders and Take Orders |
| Trading Fees | Pre-game straight trades and filled maker orders are fee-free; live taker trades and parlays carry variable fees |
| Payment Methods | Aeropay, cards, Apple Pay, Google Pay, Trustly, and other supported methods |
| Mobile App? | Yes |
| Customer Service | Live Chat, Email, Help Center, community channels |
| Restricted States | Arizona, Michigan, Nevada |
| Welcome Offer | Deposit $10, get $25 in Trade Credits |
Novig was originally launched as a sports-focused exchange and has since developed into its current federally regulated prediction-market product. The platform is backed by investors that have included NFL Hall of Fame quarterback Joe Montana, Y Combinator, Paul Graham, and Lux Capital.
Novig regulation
Novig Prediction operates through Ludlow Exchange, LLC, which received Designated Contract Market status from the CFTC on June 16, 2026.
The current Novig platform is a regulated event-contract exchange rather than a sweepstakes or social sportsbook.
Eligible users must be at least 21 years old and physically located in a jurisdiction where Novig permits trading. The platform is currently restricted in Arizona, Michigan, and Nevada.
Novig exchange platform
One of Novig’s more useful features is the ability to choose between Take Orders and Make Orders.
A Take Order accepts an available price from the market and executes against existing liquidity. A Make Order lets you set the price you want and wait for another participant to accept it.
If a Make Order is filled, it currently carries no trading fee. Pre-game straight trades are also fee-free, while live taker trades and parlays can carry variable fees.
Novig may also work with market makers where additional liquidity is needed. The amount of liquidity available can affect pricing, execution speed, and whether a position can be exited before settlement.
How Novig Prediction works
Novig Prediction operates as a peer-to-peer sports prediction market rather than a traditional sportsbook.
- Users trade sports event contracts tied to outcomes such as moneylines, spreads, totals, props, futures, and parlays.
- A Take Order accepts an available market price, while a Make Order lets you set your own price and wait for another participant to match it.
- Contract prices can move as market activity changes, and positions may be sold before settlement when sufficient liquidity is available.
- Pre-game straight trades and filled maker orders are currently fee-free. Live taker trades and parlays can carry variable fees.
- Novig may also work with market makers to provide additional liquidity when needed.
NOVIG bonuses and promotions
The current welcome offer for eligible new users is Deposit $10, get $25 in Trade Credits.
Trade Credits are promotional trading funds that can be used on eligible event contracts. They are not directly withdrawable as cash and are subject to the applicable promotional terms.
Novig also offers an ongoing rewards program that can include Novig Points, monthly reward tiers, trading challenges, referral rewards, and Trade Credits.
Overall Rating: 9.0 out of 10
The current welcome offer is straightforward, while Novig’s ongoing rewards add extra value for users who trade regularly.
Restrictions & eligibility requirements apply. Not available in all states. 21+. Trading event contracts involves risk & is not appropriate for all. Consider if it’s appropriate based on your financial circumstances. See novig.com/terms for information.
Is Novig Prediction safe and legit?
Novig Prediction operates through Ludlow Exchange, LLC, which the Commodity Futures Trading Commission designated as a contract market on June 16, 2026.
That means the current platform operates within the federal regulatory framework for event-contract trading rather than under the former sweepstakes model.
Users must complete identity and location checks, be at least 21 years old, and be physically located in an eligible jurisdiction. Novig is currently restricted in Arizona, Michigan, and Nevada.
Novig has also received backing from investors including Joe Montana, Lux Capital, and Y Combinator. The company was featured in an August 2023 Forbes article covering its early funding and development.
Payment methods at Novig Prediction
Novig Prediction supports a broad range of direct deposit and payout methods.
Supported deposit methods include:
- Aeropay
- American Express Debit
- Apple Pay
- Credit Card
- Google Pay
- Mastercard Debit
- Trustly
- Visa Debit
Supported payout methods include:
- Aeropay
- Credit Card
- Mastercard Debit
- Trustly
- Venmo
- Visa Debit
Aeropay, Mastercard Debit, Trustly, and Visa Debit typically have payout processing times of 1-3 days.
Available methods can vary by account, device, and eligibility, so users should check the cashier for the options currently available to them.
Overall Rating: 8.0 out of 10
Novig Prediction supports several common banking, card, and digital-wallet options for deposits, with multiple payout methods also available.
Mobile and desktop experience
Novig Prediction can be accessed on mobile devices as well as through its browser-based platform, giving users flexibility when monitoring markets, placing orders, and managing positions.
The mobile experience is designed around quick access to sports markets, contract prices, and the order slip. Users can review available contracts, place Take Orders, submit Make Orders, and monitor open positions from a phone or tablet.
Desktop users get more screen space for comparing markets and reviewing prices, which can be useful when following several contracts at once.
The core trading experience is built around the same market-driven structure across supported devices, so users can move between mobile and desktop depending on how they prefer to trade.
Overall Rating: 8.0 out of 10
Novig offers a straightforward trading interface across supported devices, with mobile suited to quick market access and desktop providing more room for comparing prices and positions.
NOVIG customer support
Novig provides several ways to get help with account, trading, funding, and verification questions.
LIVE CHAT: Live chat is available through the Novig platform for account-specific support.
EMAIL: Users can contact Novig support by email for questions that may require additional account information or documentation.
HELP CENTER: Novig maintains an online Help Center covering topics such as trading, fees, deposits, withdrawals, rewards, account verification, and responsible trading.
DISCORD / COMMUNITY CHANNELS: Novig also maintains community channels where users can discuss markets and platform features. Personal or account-sensitive information should be handled through official support rather than posted publicly.
Overall Rating: 9.0 out of 10
The combination of live support, email, and a dedicated Help Center gives users several ways to resolve account and trading questions.
Conclusion and final verdict on Novig Prediction
Novig Prediction is a sports-focused prediction market built around peer-to-peer event-contract trading rather than conventional sportsbook wagering.
One of its strongest features is the ability to use Make Orders to set your own price instead of automatically accepting the price already available in the market. If another participant accepts the order, it fills; otherwise, it can remain open until matched, canceled, or expired.
The fee structure is also competitive for certain types of trades. Pre-game straight trades and filled maker orders are currently fee-free, although live taker trades and parlays carry variable fees. Liquidity can also affect the prices available and whether you can exit a position before settlement.
Novig Prediction is currently restricted in Arizona, Michigan, and Nevada, and users must be at least 21 years old.
- Trading is unavailable in Arizona, Michigan, and Nevada.
- Live taker trades and parlays can carry variable fees.
- Liquidity can vary by market and may affect execution or early exits.
- Novig is focused on sports, so users looking for politics, economics, or broader event markets will need another platform.
For eligible new users, the current offer is Deposit $10, get $25 in Trade Credits.
Restrictions & eligibility requirements apply. Not available in all states. 21+. Trading event contracts involves risk & is not appropriate for all. Consider if it’s appropriate based on your financial circumstances. See novig.com/terms for information.
Novig Prediction FAQ
What is the current Novig Prediction welcome offer?
Eligible new users can deposit at least $10 and receive $25 in Trade Credits.
Trade Credits are promotional trading funds that can be used on eligible event contracts and are not directly withdrawable as cash.
Restrictions & eligibility requirements apply. Not available in all states. 21+. Trading event contracts involves risk & is not appropriate for all. Consider if it’s appropriate based on your financial circumstances. See novig.com/terms for information.
What sports markets can I trade on Novig Prediction?
Novig Prediction focuses on sports event contracts across major professional and college competitions. Available markets can include the NFL, NBA, WNBA, MLB, NHL, college football, college basketball, soccer, tennis, golf, MMA and boxing.
Contract types can include moneylines, spreads, totals, player props, futures, parlays and live markets. Availability varies by sport and event.
Does Novig Prediction charge trading fees?
It depends on the trade type. Pre-game straight trades and filled maker orders are currently fee-free.
Live straight taker trades use a probability-weighted fee with a 0.03 coefficient, while parlays use a 0.10 coefficient. The fee therefore varies with the contract price and number of contracts traded.
Can I set my own price on Novig Prediction?
Yes. A Make Order lets you choose the price you want and wait for another market participant to accept it.
If the order is filled while resting on the order book, it is treated as a maker order. Filled maker orders currently carry no trading fee.
What are the minimum age and location requirements for Novig Prediction?
Users must be at least 21 years old and physically located in an eligible jurisdiction when trading.
Novig Prediction is currently restricted in Arizona, Michigan and Nevada. Identity and location verification requirements apply.
State-By-State Analysis
Alabama
Legal.
Alaska
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Arizona
Restricted.
Arkansas
Legal.
California
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Colorado
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Connecticut
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Delaware
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District of Columbia
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Florida
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Georgia
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Hawaii
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Idaho
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Illinois
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Indiana
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Iowa
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Kansas
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Kentucky
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Maine
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Louisiana
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Maryland
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Massachusetts
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Michigan
Restricted.
Minnesota
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Mississippi
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Missouri
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Montana
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Nebraska
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Nevada
Restricted.
New Hampshire
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New Jersey
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New Mexico
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New York
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North Carolina
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North Dakota
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Ohio
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Oklahoma
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Oregon
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Pennsylvania
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Rhode Island
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South Carolina
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South Dakota
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Tennessee
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Texas
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Utah
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Vermont
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Virginia
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Washington
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West Virginia
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Wisconsin
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Wyoming
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