Sportsbook Review: Novig Review

Novig Exchange Review Feb 2026

Novig is a peer-to-peer sports prediction market. It debuted in 2024 and is available to play in 30+ states. The app-based sweepstakes platform offers a unique approach. Instead of setting lines and baking in a house edge like traditional sportsbooks, Novig operates as an exchange with a “no-vig” model.   

Users trade directly with one another while using the platform’s virtual currencies, often at more competitive odds, in a transparent and market-driven betting experience. In this review, we’ll break down how it works, its pros and cons, and help you decide whether Novig is the right platform for you.

Verdict: Should You Sign Up For Novig?

Novig offers a different take on sports betting by combining a peer-to-peer exchange model with a sweepstakes-based structure. The user-driven odds give players more control and transparency than they’ll find at a traditional sportsbook.

The app-only format, lack of niche sports, and exchange-style mechanics may not appeal to all bettors. For users who value sharper pricing, flexibility, and a more market-driven experience, Novig stands out as one of the more innovative platforms currently available.

Novig Strengths & Weaknesses

Bonuses, Promotions, and Rewards

Novig offers new users a generous welcome bonus. There are also two great incentives to choose from for the first purchase that you make on the platform. Once you’re in the door, the platform also has several promotions for existing players. 

Novig Sports: Supported Leagues and Markets

Novig offers great coverage of the top sports and leagues. The menu has grown to cover most of the bases that sports bettors expect.

Beyond the leagues themselves, Novig offers a solid range of betting market types. It’s in line with what you’ll find at a traditional sportsbook,  just traded in an exchange-style format.

If you’re into the major sports and events, Novig has it covered. For those looking for a massive menu of niche and obscure sports, they’re not available. 

How Does the Novig Prediction Market Work?

Novig operates as a peer-to-peer sports prediction market. Instead of placing bets against the house, users trade directly with one another by either accepting existing offers or posting their own odds on a given outcome. This exchange-style model removes the traditional house edge found at traditional sportsbooks and allows prices to be shaped by market demand.

When you open a market on Novig, you’ll see available offers created by other users. You can choose to accept one of those offers instantly or create your own by setting the odds and stake you’re willing to offer. Once another user agrees to your terms, the wager is matched and locked in. Here’s how the process works:

This setup gives users more control over pricing while keeping the experience simple and accessible. You don’t need any special trading experience to participate. Just choose a market, pick your price, and let the platform handle the rest.

The Unique Sweepstake Model Behind Novig

Novig operates under a sweepstakes model that uses two separate virtual currencies: Novig Coins and Novig Cash. Both can be used for making predictions, but there are distinct differences to know. 

Novig Coins are used primarily for free-to-play predictions. These coins have no redemption value. Beyond entertainment, they’re great to use for exploring markets or testing strategies. Novig Cash is the sweepstakes currency tied to prize eligibility. 

Users can earn both currencies in a variety of ways, but only Novig Cash winnings generated through successful predictions are eligible for redemption. This dual-currency setup allows Novig to operate and remain in compliance with sweepstakes regulations in eligible states.

How to Purchase Novig Coins

Novig Coins can be purchased directly through the app using several convenient payment methods. Purchasing coins may also include bonus Novig Cash as part of promotional offers. When you’re ready to purchase a coin package, you can choose from the following methods: 

How to Redeem Novig Cash

Redeeming prizes on Novig is tied specifically to Novig Cash winnings. Any Novig Cash awarded through bonuses or promotions must first be used to place predictions. Only the actual winnings generated from predictions are eligible for redemption.

Once eligibility requirements are met, including verification of your identity, users can redeem Novig Cash winnings for real prizes. The minimum redemption amount is $20. When you’re ready to request a redemption, you can choose from: 

Novig Exchange: No-Vig Trading and Odds

Novig operates on a “no-vig” exchange model. This means that the platform does not build a traditional house edge into its odds. Instead of pricing bets with margins included like a sportsbook, Novig allows users to trade directly with one another. 

Odds are set by market demand, with users either accepting existing prices or posting their own offers for others to match. In liquid markets, this peer-to-peer setup can result in more competitive pricing than what you’ll typically find at a traditional sportsbook.

Because of these pricing dynamics, odds on Novig often compare favorably to standard sportsbook lines, particularly on popular events with strong participation. Since there’s no automatic vig applied to each side, it helps keep the market more transparent and user-driven.

Novig may step in as a market maker when liquidity is thin. In those situations, the platform may quote prices with a small spread, typically in the 1% to 4% range. That spread is Novig’s effective margin for facilitating the market, helping to ensure it remains active and accessible. 

Comparing Novig With Bracco and ProphetX

To further understand what Novig brings to the table, we stacked it up against Bracco and ProphetX, two other platforms that are also steadily gaining traction. Here’s what we found. 

Liquidity Levels

User Experience

As Novig and the others continue to grow their user base, the differences will start to become more apparent. In the interim, Novig stacks up incredibly well in the growing peer-to-peer landscape. 

Odds Shark FinCertified Trust Factors: How We Rank Novig

When reviewing betting platforms like Novig, the experienced Odds Shark team digs in and puts them through extensive testing while focusing on the most important factors for players. We thoroughly review things like markets and odds, banking and speed, trust and security, and the overall user experience. 

Once that’s all set, we move on to Trust Factors and ratings. This indicates that the platform has been FinCertified and has received the Odds Shark seal of approval from our expert team. Only the best and safest sites meet the standards we’ve set across countless reviews. Here's how Novig stacks up: 

The Novig App Experience

Novig is designed as a mobile-first experience. Apps are available for both iOS and Android devices, with no separate desktop platform. The app delivers a clean and intuitive interface that makes switching between Novig Coins and Novig Cash seamless. Navigation through sports markets and odds is smooth and hassle-free. 

On iOS, Novig rates exceptionally high, with an overall score near 4.8 out of 5 based on over 2,000 reviews. The rating is just 3.6 on Google Play, with some users offering praise, and others expressing dissatisfaction with performance and usability. 

In our experience, the Novig app hits the mark. Browsing markets, placing or matching predictions, reviewing current offers, and currency switching all went off without a hitch, leaving us satisfied with how Novig performs.  

Safety, Security, and Legality

Novig operates as a sweepstakes-based sports prediction platform and is available to users in 30+ U.S. states. It’s currently not available in 14 states. Users must be physically located in an eligible state to access and play. 

The company follows standard best practices for online platforms handling user accounts and transactions. The app uses secure encryption to protect user data and financial information, and its policies outline how personal information is collected, stored, and used. 

Users are required to complete identity verification before redeeming prizes, helping ensure compliance and account integrity. Novig is only available to users 21 years of age or older. The platform’s sweepstakes model complies with applicable sweepstakes laws in eligible states. 

Customer Support and Community Features

Novig provides multiple support options to help users with account questions, technical issues, and general platform guidance. Assistance is available directly through the app.

Additionally, Novig maintains a Discord community and has a presence on top social platforms like Instagram, TikTok, and X. You can also check out the newsroom section for updates, odds comparisons, and previews.  

Novig Review: User Experiences