Updated August 2026

Novig Review 2026

Novig is a CFTC-regulated sports prediction market where users buy and sell real-money event contracts on sports outcomes. It uses a single USD balance and supports both desktop and mobile access.

21+ minimum age
USD account balance
Desktop & mobile access
Live chat support
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★★★★☆ 4.3/5 ACS rating
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Our verdict

Is Novig worth using?

A sports prediction market rather than a sweepstakes sportsbook

Novig operates more like an exchange than a conventional sportsbook. Users trade fully collateralized sports event contracts against market participants, with prices moving according to supply and demand rather than fixed bookmaker odds.

The strongest features are the clean exchange-style interface, market-based pricing, fee-free pre-game straight trades, resting make orders and broad U.S. availability. The main considerations are real-money risk, mandatory identity and location checks, trading fees on live taker fills and parlays, and the fact that Arizona, Michigan and Nevada are currently excluded.

Bottom line: Novig is most interesting for sports fans who actively compare prices and prefer entering, exiting and managing positions rather than placing a conventional fixed-odds bet.

4.3/5
★★★★☆
American Casino Sweeps rating
Best for exchange-style sports trading
Main advantages and drawbacks

Novig pros and considerations

✓ What we like

Operates as a CFTC-regulated sports prediction market.
Pre-game straight trades are currently fee-free for both makers and takers on app and web.
Users can take available liquidity or place resting make orders at a chosen price.
Desktop and mobile access support the same core sports prediction product.
The current minimum withdrawal is $10.
Current sports coverage includes major U.S. leagues, college sports, tennis, golf and UFC.

– What to consider

Trading uses real money and winning is never guaranteed.
Arizona, Michigan and Nevada are currently unavailable.
Identity, age and physical-location checks are required.
Live straight taker fills and parlays can carry trading fees.
Funds committed to open positions are unavailable for withdrawal until released.
Novig does not offer slots, blackjack, roulette or a live-dealer casino lobby.
At a glance

Novig quick facts

Novig now uses a single USD balance for real-money sports event contracts. Novig Coins and Novig Cash have been retired.

Platform type
CFTC-regulated sports prediction market
Users buy and sell event contracts on sports outcomes.
Operator
Ludlow Exchange, LLC d/b/a Novig
A designated contract market operating under federal commodities regulation.
Account currency
USD
Novig Coins and Novig Cash are retired.
New-member offer
Deposit $10, get $25 in Trade Credits
Current program terms and eligibility requirements apply.
Account funding
Required before trading
Creating an account is free, but real funds are needed to place a trade.
Minimum withdrawal
$10
Only the available balance can be withdrawn; open positions can hold funds in escrow.
Minimum age
21+
Age, identity and physical-location checks apply.
Unavailable locations
Arizona, Michigan, Nevada
Eligibility is based on physical location when using the platform.
Customer support
Live chat
Account support is available through the Novig platform and Help Center.
Casino games
No
Novig is focused on sports event contracts, not casino games.
Current new-member program
$25

Deposit $10, get $25 in Trade Credits

Eligible new members who open and verify an account, link a payment method and make a first qualifying deposit of at least $10 can receive $25 in Trade Credits under the current New Member Deposit Program.

Five separate $5 Trade Credits. Each credit expires 30 calendar days after issue, and only one Trade Credit can be applied to a single qualifying trade.
Trade Credits are promotional trading buying power rather than withdrawable cash. Program eligibility and terms can change.
Trade Credit rules

How Novig Trade Credits work

5 ×
$5

Use one Trade Credit on an eligible trade

The five $5 credits can be applied to eligible contracts priced from $0.01 to $0.60. Only one Trade Credit can be used on a single trade.

If a $5 credit is applied to a trade worth less than $5, the unused part of that individual credit is forfeited rather than carried forward.

Trade Credits expire 30 calendar days after issue.
Proceeds from a qualifying Trade Credit trade settle as ordinary account funds.
!
The promotional credit itself is not withdrawable cash.
Ongoing rewards

Novig Points and referral rewards

Novig’s opt-in Points Program uses five monthly tiers and rewards eligible trading activity. A separate refer-a-friend program is also available to qualifying users.

1

Starter

The first tier in the monthly Points Program.

2

Bronze

Monthly progress can unlock higher reward opportunities.

3

Silver

Points can be earned through eligible executed activity.

4

Gold

Eligible combination contracts, maker fills and trading challenges can contribute points.

5

Obsidian

The top listed monthly tier in the current Points Program.

$

Trade Credits

Program rewards can include promotional Trade Credits.

%

Deposit matches

Deposit-match rewards can be offered through the Points Program.

Share slips and cash pool

Rewards can include themed share slips and a share of a monthly cash pool.

Refer a friend

An eligible new member can receive $25 in Trade Credits after a qualifying $10 deposit, while the qualifying referrer can receive $25 in Referral Credit. Current referral rewards are limited to five qualifying referrals.

Points themselves have no cash value and reset for monthly tier qualification. Reward eligibility and program terms can change.
Account balances

How Novig’s USD balance and Trade Credits work

Novig uses one real-money USD account balance for funding, trading and withdrawals.

USD

Cash balance

Deposits and settled trading proceeds form the user’s cash balance. Available funds can be used to trade or withdrawn, subject to open positions and account checks.

Real-money balance used for sports event contracts.
Ordinary deposited funds do not have a set playthrough requirement.
!
Funds tied to open positions are unavailable for withdrawal until released.
TC

Trade Credits

Trade Credits are promotional trading buying power. They can be applied to qualifying trades but are not cash that can be withdrawn directly.

Current new-member program can issue five $5 credits.
Qualifying trade proceeds settle as ordinary account funds.
!
Unused value from an applied credit does not carry over.
Getting started

How to register with Novig

Novig requires age, identity and physical-location checks before eligible users can trade real-money sports event contracts.

1

Create one Novig account

Create a Novig account and enter accurate personal information. Novig permits one account per user.

2

Complete identity verification

KYC can include legal name, date of birth, address, the last four digits of an SSN and photo identification.

3

Pass the location check

Trading access depends on the user’s current physical location. Arizona, Michigan and Nevada are currently excluded.

4

Link a payment method

Supported funding routes include bank transfers, cards, Apple Pay and supported stablecoins, with fees varying by method.

5

Fund the account and trade

A real-money balance is required to place trades. Eligible new members can qualify for the current $25 Trade Credit program after a qualifying $10 deposit.

Sports and trading

Novig sportsbook vs. sports prediction market

Novig sportsbook differs from a conventional fixed-odds sportsbook. Users trade event contracts whose prices move from $0 to $1. A winning contract settles at $1 and a losing contract settles at $0.

Supported sports

Market availability changes with the sports calendar, with current coverage including:

NFLNCAAFMLBNBAWNBANCAAMNCAAWNHLPGA GolfATP TennisWTA TennisUFC

Trading tools

The exchange supports market-based order and position management rather than a single bookmaker price.

Take OrdersMake OrdersStraight TradesLive MarketsParlaysCash OutEarly PayoutsPortfolioMarket Charts

No casino game lobby

Novig does not currently provide slots, blackjack, roulette or live-dealer casino games. The platform is focused on sports event contracts.

How the exchange works

1
Take orders: match against liquidity already available in the market.
2
Make orders: post a chosen price and wait for another participant to fill it.
3
Cash out: eligible straight positions can be closed at the current market price when sufficient activity is available.
4
Settlement: winning contracts settle at $1 and losing contracts at $0.
Web and mobile access

Using Novig on desktop and mobile

Novig supports desktop/web access alongside mobile use. The current desktop interface includes sports markets, live prices, market charts, an order slip, portfolio navigation and trending futures.

Novig sports prediction market desktop interface

Desktop features

Live and pre-game sports markets.
Market charts and current contract prices.
Take and make order controls.
Portfolio and open-position information.
Deposit access from desktop.

Mobile features

1
Supported mobile access to the same core sports prediction product.
2
Device location must be available for eligibility checks.
3
Apple Pay is available as a supported deposit method on iOS.
4
Account, portfolio and trading controls remain tied to the same verified user profile.
5
Access remains subject to age, KYC and physical-location requirements.
Account funding

Novig deposit methods and fees

Funding methods use different pricing. Bank transfers through supported partners and supported stablecoin deposits through Coinflow are currently fee-free, while credit card, debit card and Apple Pay deposits carry a 3% processing fee.

Deposit pricing

Method
Current fee
Notes
Bank transfer
$0
Supported bank-payment partners.
USDC / USDT via Coinflow
$0
Uses a one-time wallet address and credits after on-chain confirmation.
Credit / debit card
3%
Visa, Mastercard, American Express and Discover are currently supported.
Apple Pay
3%
Available on supported iOS devices.

Fee-free funding

Bank TransferUSDCUSDTCoinflow

Standard-price funding

VisaMastercardAmerican ExpressDiscoverApple Pay

Deposited funds have no set playthrough

Ordinary deposited cash does not need to be traded a fixed number of times before withdrawal. Funds committed to open or unsettled positions remain unavailable until released.

Withdrawals

Novig withdrawals and withdrawal time

Available cash can be withdrawn through supported methods once it is not tied to an open or unsettled position. The current minimum withdrawal is $10.

$10
Minimum withdrawal
Set playthrough on deposits
Minutes
Possible automated processing
24–48h
Possible busy-period review

Withdrawal methods

Bank transfer.
Debit card.
Venmo.
Only the available balance can be withdrawn.
!
Matched, open or unsettled positions can hold funds in escrow.

Novig withdrawal time

Some requests can process automatically within minutes. Requests selected for routine manual review are typically completed within 24 hours and can take up to 24–48 hours during busy periods.

Payment-provider processing time can apply after Novig releases the funds.

Why the available balance can be lower than the account balance

Funds tied to matched, open or unsettled positions are held until the position is closed or settled. They are not part of the available withdrawal balance while committed.

Identity and account access

Novig verification and account security

Users must be at least 21 and complete identity and location checks before trading. Novig permits one account per user.

Information that may be requested

Legal name and date of birth.
Residential address.
Last four digits of an SSN in some cases.
Photo identification when required.

Physical-location controls

Eligibility is based on where the user’s device is physically located while using the platform, not simply the home address on the account.

Trading access can be restricted when location checks cannot confirm an eligible jurisdiction.

One verified account per person

Novig permits one account per user. Account access and trading remain subject to the Member Agreement, Rulebook, compliance checks and physical-location controls.

Eligibility and regulation

Novig legal states and availability

Novig is available across the U.S. except while a user is physically located in Arizona, Michigan or Nevada. Age, account and location requirements still apply.

Available

ALAKARCACOCTDEFLGAHIIDILINIAKSKYLAMEMDMAMNMSMOMTNENHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWYDC

Not currently available

AZMINV

Physical location controls

Eligibility is based on the device’s physical location at the time of trading, not simply the user’s home address. A user can lose trading access while physically located in an excluded jurisdiction.

Availability and eligibility can change. Users must satisfy the current Member Agreement, Rulebook and compliance requirements.
Trading costs

Novig fees explained

Novig does not use a conventional sportsbook vig in its market prices. Under the current schedule, fees depend on the trade type and whether the user makes or takes liquidity.

Trade type
Maker fee
Taker fee
Pre-game straight trades — app/web
No fee
No fee
Live straight trades — app/web
No fee
0.03 × P × (1−P) per contract
Parlays — app/web
Not quoted as maker orders
0.10 × P × (1−P) per contract

Maker fills are currently fee-free

If an order rests on the book and another user later fills it, the maker fee is currently $0. Placing, editing or cancelling an unfilled order does not create a trading fee.

Parlay fees are included in the quoted price

Parlay fees are built into the quote displayed to the user rather than added as a separate checkout charge.

Account help

Novig customer support

Live chat is available through the Novig platform and Help Center for account, payment and trading questions.

Support channel

Live chat
Available through the Novig platform and Help Center.
Account issues
Use the verified account associated with the affected trade or payment.

Useful details to have ready

1
The date and amount of the transaction or trade.
2
Relevant market or event details.
3
Any payment-provider reference shown in the account.
Rating breakdown

Novig rating

Our 4.3/5 rating reflects Novig’s sports prediction market, including market design, fees, funding, withdrawals, availability and account controls.

Sports markets and trading tools
4.6/5
Fees and pricing
4.5/5
Deposits and withdrawals
4.2/5
Availability and account access
4.3/5
Rewards and user experience
4.1/5
4.3
Overall ACS ratingNovig stands out for exchange-style sports trading, fee-free pre-game straight trades and broad U.S. access, with real-money risk and state exclusions as the main limitations.
Responsible trading

Novig trading limits and account controls

Novig provides account-level tools designed to help users control how much they deposit, trade and spend on the platform.

$

Deposit limits

Daily, weekly and monthly deposit limits can be set from the account controls.

Trading limits

Daily, weekly and monthly trading limits are also available.

Time out

Time-out options include 1 day, 3 days, 7 days, 1 month, 3 months and 6 months.

Account closure and self-exclusion

Permanent account closure is available through support. Self-exclusion choices cannot be shortened once submitted.

Trade only with money you can afford to lose

Sports event contracts involve real financial risk. Market prices can move quickly, and neither regulation nor account verification guarantees profitable trading.

Common questions

Novig FAQ

What is Novig?
Novig is a CFTC-regulated sports prediction market. Users buy and sell real-money event contracts whose value is tied to sports outcomes.
Is Novig legit?
Novig operates as a regulated sports prediction market under Ludlow Exchange, LLC d/b/a Novig and requires age, identity and physical-location checks. These are strong legitimacy signals, but they do not remove trading risk or guarantee instant withdrawals.
How do I log in to Novig?
Use the current Novig website or supported mobile experience to access the verified account. Trading access can depend on identity and physical-location checks, and Novig permits one account per user.
Is Novig still a sweepstakes sportsbook?
No. Novig Coins and Novig Cash are retired. Novig now uses a single USD account and real-money sports event contracts.
What is the current Novig new-member offer?
The current New Member Deposit Program offers eligible new users $25 in Trade Credits after account approval, identity verification, linking a payment method and making a qualifying first deposit of at least $10.
How do Novig Trade Credits work?
The $25 new-member reward is issued as five $5 Trade Credits. Each credit expires after 30 calendar days, and only one credit can be applied to a qualifying trade. The credit itself is not withdrawable cash.
Does Novig have casino games?
No. Novig is focused on sports prediction markets and does not currently provide a conventional slot, blackjack, roulette or live-dealer casino lobby.
How old do I need to be to use Novig?
Users must be at least 21 years old and satisfy identity and physical-location requirements.
Which states are excluded from Novig?
Novig currently excludes users while they are physically located in Arizona, Michigan or Nevada. Location is checked when using the platform.
What is the minimum Novig withdrawal?
The current minimum withdrawal is $10. Available methods include bank transfer, debit card and Venmo, subject to account and payment-provider availability.
How long do Novig withdrawals take?
Some withdrawals can process automatically within minutes. Requests selected for routine manual review are typically completed within 24 hours and can take up to 24–48 hours during busy periods, with payment-provider processing time possible afterward.
Do I have to trade deposited funds before withdrawing them?
No set playthrough applies to ordinary deposited funds. Cash tied to open or unsettled positions is unavailable to withdraw until it is released.
Does Novig charge trading fees?
Pre-game straight trades on app and web are currently fee-free. Live straight taker fills and parlays can carry formula-based fees, while maker fills are currently fee-free.
Can I use Novig on desktop?
Yes. Novig supports desktop and web access alongside mobile use.
How can I contact Novig support?
Live chat is available through the Novig platform and Help Center. For transaction-specific issues, use the account associated with the affected trade or payment.
Author and editorial transparency
Edvina Kaminskaite, owner and editor of American Casino Sweeps

Edvina Kaminskaite

Owner and Editor, American Casino Sweeps

Edvina oversees American Casino Sweeps’ editorial direction and review standards. Coverage focuses on product features, account eligibility, payments, rewards, user experience and material restrictions.

Offers, fees, payment methods, trading rules and state availability can change. Important account decisions should be based on the terms and information shown by Novig at the time of use.

Editorial transparency: Affiliate relationships may generate revenue for American Casino Sweeps, but they do not determine the rating or remove material limitations from the review.
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