Novig review (2026)

Overview

Novig runs a peer-to-peer sports exchange built around a no-vig model — instead of a bookmaker's margin baked into the odds, you trade against other users at exchange prices. It received a CFTC prediction-market license in 2026, putting it on a regulated footing.

For sportsbook users frustrated by the vig, Novig is an appealing alternative, though as a newer platform its liquidity is still growing.

Markets and coverage

Novig focuses on sports, offering peer-to-peer markets on game outcomes without a built-in house margin. As a younger exchange, depth varies by market, but the no-vig structure can mean better effective pricing on liquid events.

Fees and funding

Novig funds in US dollars — no crypto required. Novig's no-vig model means costs come through the exchange structure rather than a sportsbook margin; check current fee details. Our deposit guide and fees guide cover the detail.

Pros and cons

Who it’s for

Novig is best for no-vig sports trading. For the broader field, see our platform rankings, or see how it stacks up head to head in Kalshi vs Novig.

Verdict

Novig is a solid, capable option in the 2026 prediction-market field, earning our 3.8 rating. It will suit no-vig sports trading most; whatever you choose, confirm it’s available in your state and trade within a sensible bankroll.

Visit Novig →

Link to Novig’s official site. Availability and features vary by state and change over time; confirm current details before funding an account. 18+. Trading involves risk of loss.

How Novig compares

See how Novig stacks up head-to-head against the other leading platforms:

• Novig vs Kalshi — how it stacks up against the most comprehensive CFTC-regulated exchange and the best all-round starting point.
• Novig vs ProphetX — how it stacks up against a CFTC-approved peer-to-peer sports exchange.
• Novig vs Polymarket — how it stacks up against the world's largest prediction market, with unmatched liquidity for crypto-comfortable traders.
• Novig vs Crypto.com — how it stacks up against prediction markets inside the Crypto.com ecosystem.
• Novig vs OG — how it stacks up against a sportsbook-style on-ramp to prediction trading.

Frequently asked questions

Is Novig legit and regulated?

Yes. Novig offers event contracts under CFTC oversight (CFTC-licensed (2026)). As always, only trade what you can afford to lose and confirm it's available in your state.

Does Novig use cryptocurrency?

No. Novig funds in US dollars, so there's no crypto required to get started.

What can you trade on Novig?

Novig focuses on peer-to-peer sports. Coverage changes over time, so check the app for the current market list.

Is Novig available in my state?

Availability varies by US state and can change. Always check Novig's current eligibility before funding an account.