For a separate sports research step
Address the Sporttrade closure before choosing another service
This comparison distinguishes a closed exchange from an active one. TipMaster is relevant only to a separate task: finding sports tipsters and inspecting their posted histories, after any account issues are handled with the correct provider.
TipMaster is neither a Sporttrade account successor nor a Novig execution substitute.
Public profiles can be explored first. Free tip access has limits. Paid tips, creator subscriptions and TipMaster PRO are separate purchases.
Sporttrade vs Novig: One Is Closed, One Is Active
Quick Answer
There is no current two-way product choice. Sporttrade's official closure notice states that it exited online sports betting and that all wagering ceased on May 25, 2026. Novig is an active sports-first prediction exchange operated by Ludlow Exchange, which the CFTC designated as a contract market on June 16, 2026. Eligible users who specifically want one of these two products can therefore consider Novig; Sporttrade is unavailable for new wagers. This is a current-status comparison, not evidence that Novig historically had better prices, liquidity, execution, legality, or performance.
Which option fits your needs?
Decision dimension | Editorial conclusion | Why |
|---|---|---|
Current consumer wagering | Novig only | Sporttrade says all wagering ceased May 25, 2026. |
Current exchange status | Novig | Ludlow Exchange was designated by the CFTC on June 16, 2026. |
Current age and location rule | Novig | 21+, physically in the US, excluding Arizona, Michigan, and Nevada. |
Current trading fee | Novig | Maker and pregame straight app and web taker fees are zero; live and parlay formulas apply. |
Current platforms | Novig | Web, iOS, and Android are active. |
Current sports | Novig | sports-first event contract board; exact events vary. |
Former Sporttrade balances | Use official support | The closure notice says remaining balances are mailed by check. |
Historical price, liquidity, or performance | No supported comparison | One current active dataset and one closed historical product are not comparable. |
At a glance
Product | Type | Best for | Price or fee | Platforms | Main limitation |
|---|---|---|---|---|---|
Sporttrade | Historically an exchange-style online sports-betting platform using a central limit order book. It is no longer an active consumer wagering product. | Confirming that online wagering is closed | No current subscription, fee, deposit, or trading offer applies because wagering is closed. | No active wagering platform. Historical app screenshots remain visible on the closure page. | No new wagers, deposits, markets, fees, or live consumer app can be evaluated; Historical product descriptions are stale for a current choice; The pending DCM filing must not be represented as an active exchange designation |
Novig | Direct, fully collateralized, peer-to-peer sports prediction exchange operated by Ludlow Exchange, LLC, a CFTC-designated contract market as of June 16, 2026. | Eligible users choosing an active sports-first direct exchange | No subscription. Maker fees are $0. Pregame straight trades taken in the app or on the website are fee-free. A live straight taker pays 0.03 x P x (1-P) x contracts. A parlay taker pays 0.10 x P x (1-P) x contracts, with the fee included in the quote. Only the immediately matched taker portion is charged where applicable. | Web, native iOS, and native Android. | Requires age 21 and excludes Arizona, Michigan, and Nevada; Live straight taker and parlay fees apply; Liquidity, spread, partial fills, and ability to exit vary by contract; Legacy sweepstakes-era Novig pages remain discoverable and can mislead research; DCM designation is not evidence for a blanket state-law or legality conclusion |
Checked August 31, 2026 for Sporttrade vs Novig. Reconfirm Sporttrade Novig prices, access, and modes. Coverage and app features may change.
Sporttrade: Confirming that online wagering is closed
What it is. Official notice: Sporttrade exited its online sports betting markets; all wagering ceased May 25, 2026; remaining balances are to be mailed by check to the address on file.
Access. Not applicable for current product comparison because no new wagering is available. Do not revive historical state lists, age rules, deposit methods, or fees as current facts.
Price or fees. No current subscription, fee, deposit, or trading offer applies because wagering is closed.
Platforms. No active wagering platform. Historical app screenshots remain visible on the closure page.
Coverage. No current sports market coverage is available.
Why it fits. Closure status is directly and unambiguously disclosed on the official site; The notice gives former customers a stated remaining-balance process
Limitations. No new wagers, deposits, markets, fees, or live consumer app can be evaluated; Historical product descriptions are stale for a current choice; The pending DCM filing must not be represented as an active exchange designation
Novig: Eligible users choosing an active sports-first direct exchange
What it is. Direct, fully collateralized, peer-to-peer sports prediction exchange operated by Ludlow Exchange, LLC, a CFTC-designated contract market as of June 16, 2026.
Access. Users must be 21 or older, physically present in the United States, pass KYC, and be in an eligible location. The current official rule excludes Arizona, Michigan, and Nevada. Location is based on the user's physical position at the time of access rather than residence.
Price or fees. No subscription. Maker fees are $0. Pregame straight trades taken in the app or on the website are fee-free. A live straight taker pays 0.03 x P x (1-P) x contracts. A parlay taker pays 0.10 x P x (1-P) x contracts, with the fee included in the quote. Only the immediately matched taker portion is charged where applicable.
Platforms. Web, native iOS, and native Android.
Coverage. Current official contract documentation covers MLB, WNBA, UFC, NFL, PGA, MLS, ATP, and WTA with combinations of winner, spread, total, prop, futures, and other contract types. Exact boards and live availability vary by event.
Why it fits. Active sports-first direct exchange; Transparent current maker and taker formulas; No fee for makers or pregame straight app and web takers; Web plus native iOS and Android; Current eligibility and funding rules are documented in dated help articles
Limitations. Requires age 21 and excludes Arizona, Michigan, and Nevada; Live straight taker and parlay fees apply; Liquidity, spread, partial fills, and ability to exit vary by contract; Legacy sweepstakes-era Novig pages remain discoverable and can mislead research; DCM designation is not evidence for a blanket state-law or legality conclusion
Sporttrade is closed
The official site says Sporttrade exited online sports betting and all wagering ceased May 25, 2026. That supersedes every older state list, fee table, app description, and active product review. Former customers should use official support for balance questions.
A pending filing is not a relaunch
The CFTC registry lists Sporttrade DCM LLC as pending. Pending is not designation and does not override the company's closure notice. No relaunch should be implied without a new official consumer product announcement.
Novig is an active but qualified option
Novig operates as a sports-first direct exchange for eligible 21+ users outside Arizona, Michigan, and Nevada. Its fee schedule is transparent, but contract depth, spread, partial fills, exit, settlement, and location access remain order specific.
How to choose
Step | Decision |
|---|---|
1 | Treat Sporttrade as closed, not as an available alternative. |
2 | Handle any former Sporttrade balance through its official account information. |
3 | Assess Novig’s current eligibility and exchange rules separately. |
How we compared and what the evidence covers
We prioritized current active status before historical features. Sporttrade's closure notice controls, and Novig was evaluated only through current DCM, eligibility, fee, funding, platform, and contract evidence.
This is a status led comparison. It does not compare stale Sporttrade economics with live Novig markets or imply a Sporttrade relaunch. Novig access and contract terms can change after the snapshot.
For Sporttrade vs Novig, official terms, prices, and platform listings were checked. Sporttrade vs Novig product documents were reviewed through August 31, 2026.
Frequently asked questions
Is Sporttrade still available?
No. Its official site says all online wagering ceased May 25, 2026.
Is Novig available?
Novig is active for eligible 21+ users physically in supported US locations, currently excluding Arizona, Michigan, and Nevada.
Did Novig replace Sporttrade?
No official acquisition or direct replacement relationship is claimed. It is simply the active option within this two-brand query.
What happened to Sporttrade balances?
The official closure notice says remaining balances are mailed by check. Use official support for account specific questions.
Which had better prices or liquidity?
No defensible current comparison exists because Sporttrade is closed and synchronized historical order data was unavailable.
Sources
- 01S01. Sporttrade official market-closure notice. Checked August 31, 2026.
- 02S02. CFTC DCM registry including Sporttrade pending status. Checked August 31, 2026.
- 03S03. CFTC Ludlow Exchange designation record. Checked August 31, 2026.
- 04S04. Novig eligibility and location rules. Checked August 31, 2026.
- 05S05. Novig fees. Checked August 31, 2026.
- 06S06. Novig deposit pricing. Checked August 31, 2026.
- 07S07. Novig stablecoin deposits. Checked August 31, 2026.
- 08S08. Novig withdrawals. Checked August 31, 2026.
- 09S09. Novig current contracts. Checked August 31, 2026.
- 10S10. Novig iOS. Checked August 31, 2026.
- 11S11. Novig Android. Checked August 31, 2026.
Related
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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.