Last fact-checked: by Dan
Novig is a CFTC-regulated sports prediction exchange operated by Ludlow Exchange, LLC. Its peer-to-peer markets cover sports contracts, with cash deposits, trade-credit promotions and a points-based rewards program.
Verified new members who have not traded receive five $10 trade credits after their first $10 deposit. Credits expire after 30 days: one per trade, contract price $0.01–$0.60, with unused credit forfeited. Credits cannot be withdrawn; eligible proceeds can.
Daily Drop challenges award Novig Points toward the rewards program; they are not cash login-streak payments.
Trade credits are nonwithdrawable and expire after 30 days; eligible proceeds can be withdrawn. Daily Drop challenges award Novig Points toward monthly rewards tiers.
Novig Points determine monthly reward tiers. Daily Drop challenges and eligible activity earn points; tier progress resets monthly.
Identity checks and unsettled positions can affect the withdrawable balance.
Timing varies by payment method. Identity checks and unsettled positions can delay access to withdrawable funds.
Bank Transfer
Debit Card
Venmo
Mastercard
Visa
American ExpressBank Transfer
DiscoverBefore you redeem: Deposited funds do not require trading volume before withdrawal. Trade credits are nonwithdrawable; eligible proceeds can be withdrawn.
SportsbookNovig offers sports prediction markets. Makers and pregame straight trades are fee-free; taker fees apply to live markets, futures and parlays.
iOS app
Android appUse live chat, [email protected] or the online Help Center.
Our Conclusion
Novig is worth comparing for peer-to-peer sports trading and its low withdrawal threshold. Fees differ across trade types, and money tied to unsettled positions is unavailable for withdrawal. Its appeal rests on the exchange format rather than the size of a welcome credit.
