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Product review

Novig Review: Is the Sports Prediction Market Worth Using?

WB

Written by Bar Worcel, Co Founder and CEO of TipMaster

TipMaster Compare editorial

Editorial review: September 13, 2026Fact checked: August 31, 2026
QA

Quick answer

Novig is worth considering for eligible US users who want a sports-first, peer-to-peer prediction exchange with fee-free pregame straight trades, visible maker/taker mechanics, live trading, parlays, and native iOS and Android apps. It is not available in Arizona, Michigan, or Nevada in the checked official rules, requires users to be 21+, and uses fees for live taker trades and parlays. Its newer designated contract market (DCM) structure and fair-value settlement rules deserve careful reading before funding.

TM

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TipMaster does not place Novig orders, supply exchange liquidity or guarantee a matching contract.

Public profiles can be explored first. Free tip access has limits. Paid tips, creator subscriptions and TipMaster PRO are separate purchases.

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Novig Review: Is the Sports Prediction Market Worth Using?

Quick Answer

Novig is worth considering for eligible US users who want a sports-first, peer-to-peer prediction exchange with fee-free pregame straight trades, visible maker/taker mechanics, live trading, parlays, and native iOS and Android apps. It is not available in Arizona, Michigan, or Nevada in the checked official rules, requires users to be 21+, and uses fees for live taker trades and parlays. Its newer designated contract market (DCM) structure and fair-value settlement rules deserve careful reading before funding.

What this page covers: This review focuses on Novig's current access, pricing, platforms, features, evidence, and limitations.

Which option fits your needs?

Best for
Editorial selection
Why it fits
Best fit
Eligible sports-first exchange user
Wants prices, maker/taker control, and live sports contracts
Strongest feature
Fee-free pregame straight trades
Current official fee schedule applies to app and web
Main cost risk
Live taker and parlay fees
Formula depends on contract price and size
Main access limit
AZ, MI, and NV excluded
Official rules checked August 30, 2026
Main rules risk
Fair Value Settlement
Specified void events may settle at a calculated value, not original entry price

At a glance

Product
Type
Best for
Price or fee
Platforms
Main limitation
Novig
Direct DCM sports prediction exchange
Sports-first peer-to-peer trading
Pregame straight trades: no maker or taker fee in the dated schedule. Live and parlay taker fees use separate formulas below.
Web workflow, iOS, Android
Liquidity and state access vary. Void settlements can differ from a simple refund.

Checked August 30, 2026 for Novig Review. Reconfirm Novig prices, access, and modes. Coverage and app features may change.

Novig: Sports-first peer-to-peer trading

What it is. Users buy and sell $1-settled sports contracts, can post maker orders or take available prices, trade live markets, and request parlay quotes.

Access. 21+ and physically in the United States; official rules exclude Arizona, Michigan, and Nevada at the snapshot date. Identity and location checks apply.

Price or fees. Pregame straight app/web trades: no maker or taker fee. Live straight taker fee: 0.03 × P × (1−P) per contract. Parlay taker fee: 0.10 × P × (1−P), included in the quote. Maker fees are $0.

Platforms. Web workflow, iOS, Android.

Coverage. Football, basketball, baseball, soccer, hockey, college sports, combat sports, golf, tennis, props, futures, and live markets shown in official app materials.

Why it fits. Clear current fee formula, sports-first menu, order-book choice, cash-out and hedging paths, and several deposit methods.

Limitations. New regulatory/product structure, contract-specific liquidity, state exclusions, fair-value settlement instead of a simple refund in specified void events, and seller performance claims are not independent proof.

How Novig works

A contract pays $1 if the specified outcome occurs and $0 if it does not. A maker posts an order that rests; a taker executes against available liquidity. Pregame straight trades are currently fee-free, while live taker trades and parlays use published price-sensitive formulas.

Funding and withdrawals

Official help lists cards, Apple Pay, Aeropay, and stablecoin deposits. Withdrawals have a $10 minimum and no deposit playthrough requirement under the current withdrawal page, although compliance review and provider processing can delay a request.

Settlement is the most important rule to read

Standard contracts settle from official results. When a contract would otherwise be void or its terms call for it, Novig can use Fair Value Settlement based on pre-disruption market information. That value can be above or below the price a user originally paid.

What the evidence does not prove

App-store claims that Novig users are more likely to profit are seller claims and are not treated as an independent performance finding. This review does not score liquidity or profitability without a synchronized order-level dataset.

How to choose

Step
Decision
1
Confirm the exact account, location and contract eligibility.
2
Compare the order’s fees, spread, available depth and possible exit costs.
3
Read settlement and funding rules for the specific product, not another product with the same brand.

How we compared and what the evidence covers

We reviewed Novig's published price, access, platforms, product rules, strengths, and limitations.

This review checks Novig as a current sports exchange: user eligibility, federal product role, contract and order mechanics, exact fees, platforms, market coverage, funding, withdrawal, settlement, and evidence quality. It is not a star rating or a review-aggregate summary.

The verdict uses official Novig materials and the dated evidence listed below; seller claims remain attributed.

Frequently asked questions

Is Novig legit?

The CFTC lists Ludlow Exchange, LLC as a designated contract market, designated June 16, 2026; a CFTC-hosted Ludlow filing identifies the exchange as doing business as Novig. That status does not remove product-specific state, contract, or user eligibility requirements.

How much does Novig charge?

Pregame straight app/web trades are currently fee-free. Live straight takers pay 0.03 × P × (1−P) per contract; parlay takers pay 0.10 × P × (1−P), included in the quote.

Where is Novig unavailable?

The official rules checked August 30, 2026 exclude Arizona, Michigan, and Nevada and require users to be 21+ and physically in the US.

Does Novig have iOS and Android apps?

Yes. Current official listings were verified in both US app stores.

Can Novig positions lose money?

Yes. A losing contract settles at $0, and price movement, fees, partial fills, and settlement rules can affect outcomes.

Sources

  1. 01
    S01. Novig rules and compliance. Checked August 30, 2026.
  2. 02
    S02. Novig fees. Checked August 30, 2026.
  3. 03
    S03. Novig settlement. Checked August 30, 2026.
  4. 04
    S04. Novig Fair Value Settlement. Checked August 30, 2026.
  5. 05
    S05. Novig withdrawals. Checked August 30, 2026.
  6. 06
    S06. Novig payments. Checked August 30, 2026.
  7. 07
    S07. Novig iOS. Checked August 30, 2026.
  8. 08
    S08. Novig Android. Checked August 30, 2026.
  9. 09
    S09. CFTC designated contract market list, Ludlow Exchange LLC. Checked August 31, 2026.
  10. 10
    S10. CFTC-hosted Ludlow/Novig filing. Checked August 31, 2026.

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Back to all guides →

TipMaster publishes this guide. Its Co Founder and CEO, Bar Worcel, is the author. Product fit is distinguished from betting performance.

On this page

  • Novig Review: Is the Sports Prediction Market Worth Using?
  • Quick Answer
  • Which option fits your needs?
  • At a glance
  • Novig: Sports-first peer-to-peer trading
  • How Novig works
  • Funding and withdrawals
  • Settlement is the most important rule to read
  • What the evidence does not prove
  • How to choose
  • How we compared and what the evidence covers
  • Frequently asked questions
  • Is Novig legit?
  • How much does Novig charge?
  • Where is Novig unavailable?
  • Does Novig have iOS and Android apps?
  • Can Novig positions lose money?

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