An independent guide to joining Novig, a peer to peer sports exchange moving from a sweepstakes model to a federally designated contract market. How to create an account, what to confirm by state, and the risks to weigh. Information, not advice. As of March 2026.
Last reviewed 4 March 2026 · Facts as of March 2026 · Illustrative editorial examples
An independent guide to joining Novig, a peer to peer sports exchange moving from a sweepstakes model to a federally designated contract market. How to create an account, what to confirm by state, and the risks to weigh. Information, not advice. As of March 2026.
Figures are indicative and dated. Confirm the current terms on the platform before acting.
You create an account on Novig's own website or app, usually with an email address and basic details, and verify your identity and location. Because Novig has run a sweepstakes model and announced a federally designated exchange in June 2026, the exact product and the steps can depend on timing and your state, so read the current rules before you fund anything.
Under the sweepstakes model Novig has been live in more than thirty United States jurisdictions, with several blocked, including Washington, Idaho, Michigan and Nevada among others. A federal designation announced on 16 June 2026 is intended to reach all fifty states over time, but a designation and a live product are not the same thing. Confirm what is offered where you are before you assume access.
Under the sweepstakes model, Novig Coins are a play currency with no cash value, while Novig Cash is the redeemable currency you can win and then redeem at one to one with United States dollars at a reported low minimum. The federally designated exchange is a separate structure with its own terms.
Expect identity and location checks, which are standard for these models and required for redemptions or for a regulated exchange product. Have your details ready and confirm the current requirements on Novig before you begin.
Creating an account is generally free. Novig does not charge a traditional sportsbook vig on the exchange, though a spread of roughly one to four percent can apply in thinner markets where Novig provides liquidity. The fee schedule for the newer federally designated product may differ, so verify it directly.
No. Prediction Market Index is an independent informational resource and is not affiliated with any platform. We explain how it works and leave the decision to you, and we do not provide sign up or referral links.
This page describes Novig as we assess it. Platform mechanics, fees, and terms change, so verify the current detail before you rely on it.
Facts as of March 2026. General information, not financial advice.