Novig fees explained

Trading fees

Novig’s no-vig model is the headline: instead of a bookmaker’s margin baked into the odds, costs come through the exchange structure, which can mean better effective pricing on liquid markets. Confirm current terms as the fee model settles.

On an exchange your effective cost is the spread between bids and offers, so the most liquid markets are the cheapest to trade.

Funding costs

Because Novig funds in US dollars through standard methods, depositing and withdrawing is generally straightforward and low-cost, with no crypto network fees to worry about. See the deposit and withdraw guides for the exact funding steps and timing.

How it compares

No prediction market is truly free to trade — the cost simply shows up differently from one platform to the next, whether as an explicit per-contract fee, a spread baked into prices, or a built-in margin. To weigh Novig against the rest, see the platform rankings, the lowest-fee platforms roundup, and the cross-platform profit calculator, which lets you factor any fee into a trade to see your real ROI. And remember that fees are not the only cost of trading — see our guide to taxes on prediction-market winnings.

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Fee structures change; this is a general explanation, not a fee schedule. Check Novig’s current fees in-app. 18+.

Frequently asked questions

Does Novig charge fees?

Novig's no-vig model means costs come through the exchange structure rather than a sportsbook margin; check current fee details.

How can I see the cost before trading?

Check the cost shown on a market before you confirm, and use our profit calculator's fee field to see the effect on profit and ROI.