Novig: Platform Overview
Novig is an online trading platform similar to other prediction market platforms like Polymarket and Kalshi due to the buying and selling of binary contracts. However, unlike those platforms, Novig is focused entirely on sports trading. The platform ties sports betting together with market trading, which appeals to traders and sports bettors alike.
Novig operates as a CFTC-regulated prediction market. All contracts traded on the platform are regulated as financial derivatives under federal commodities law, overseen by the Commodity Futures Trading Commission (CFTC).
Novig New Member Promotion
Those who choose to sign up at Novig will be entered into the New Member Deposit Program. This promotion allows you to get $25 in free Trade Credits when you make a deposit of $10 or more on your first deposit.
In order to take advantage of the platform and the bonus you must meet the following eligibility criteria:
- You are at least twenty-one (21) years of age
- Are physically present in a state where Novig operates
- Have been approved for membership and have a trading account
- Have no previous trading history on Novig
- Deposit at least $10.00
- Are not under compliance investigation or review
- Do not have a suspended account
- Do not have suspended account privileges for any financial or compliance reasons
If you claim the bonus you'll have at least $35 to trade with including your deposit. There are no wagering requirements with trading platforms, so profits from your successful trades are yours to keep.
Novig Platform Review
Novig has a stylish and responsive platform. Clear and easy to navigate. From the home page, you can see the active markets and upcoming events. As with other prediction market platforms, you click Yes or No depending on how you wish to trade, which can be done from the home page. Navigating to the event displays more markets: Money Line, Spreads and Accumulators.
Markets
Currently, you can trade on the major sports leagues in the US:
- Pro BSB
- PGA
- ATP
- UFC
- Pro BB (W)
- WTA
- Pro FB
- MLS
All sport markets have individual events with a variety of markets within specific events. All trades are added to your personal portfolio.
Ranks
The Ranks section is a live leaderboard. This shows members of Novig who have the top spot for most profits traded. This adds a nice competitive element to the platform. You can view who's traded the most in the last seven days, 30 days and of all time.
Customer Support
It's simple to get help at Novig. You can access a vast index of FAQs via the Help Center link at the bottom of the screen. This gives you everything you need to know about account management, payments and legality.
You can contact Novig directly at [email protected] for more in-depth queries.
There is a host of responsible gaming information at Novig including:
- Deposit limits: Daily, weekly, or monthly maximum deposit
- Trading limits: Daily, weekly, or monthly limits on trades
- Time out (account suspension): Suspend your account for 1 day, 3 days, 7 days, 1 month, 3 months, or 6 months
- Permanent account closure via email
You can contact live chat at any point for help with deposit or trading limits.
Final Verdict: Novig
Novig is a specialised prediction market platform for major US sports league. The platform handles nicely and is backed by regulated bodies. It's a decent platform for those looking to make sports bets without a house edge as well as for those looking to get into prediction markets but don't want to be bogged down by the endless variable markets that Polymarket or Kalshi offer.
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