How to use Novig

Novig runs as a peer to peer exchange, so you trade against other users rather than against a sportsbook that builds a margin into the odds. Prices are set by what users are willing to match, which is what no vig refers to. The platform earns through its own model rather than from a traditional bookmaker margin. Confirm current terms and any fees on the platform.

You create an account, verify your identity and age, then fund through the methods the app offers in your region, which typically include a linked bank account or card. The funding and redemption flow depends on which product applies in your state. Confirm the current methods and any limits inside the app.

Novig has operated a sweepstakes style product across a large number of United States states and, as of December 2025, secured federal approval to run a designated contract market for sports event contracts. Which product is available to you depends on your state and the rollout, so confirm your eligibility in the app before funding. This is general information, not legal advice, current as of December 2025.

Novig describes itself as a peer to peer exchange rather than a traditional sportsbook. You trade sports outcomes with other users, accepting an existing price or posting your own for someone to match, instead of betting against a house that sets the line.

On an exchange model you can often trade out of a position before the event settles by matching with another user at the current price, subject to there being enough liquidity. Availability of this feature and timing depend on the market and the product, so check the specific market rules.