The Sweet 16 round is one of the best events to use the best March Madness prediction markets on, and two platforms stand out right now: Kalshi and Novig. Both offer unique ways to engage with the NCAA Tournament and the Sweet 16 round, but they operate differently from traditional sportsbooks.
If you’re deciding where to make your March Madness college basketball picks for the Sweet 16, this page features a full breakdown of Kalshi vs. Novig. This includes the offers from Kalshi promo code ACTION and Novig promo code ACTION, how each of these March Madness prediction markets works, and which of these elite prediction markets is a better fit for your style.
Kalshi Promo Code ACTION: Trade $10, Get $10!
Kalshi Promo Code ACTION: Trade $10, Get $10!
Available in: AL, AK, AR, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, KS, KY, LA, ME, MN, MS, MO, NE, NH, NM, NY, NC, NV, ND, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC
If you’re looking to trade on the Sweet 16 round with March Madness prediction markets, Kalshi stands out as one of the best options available. The platform operates like a financial exchange, where users buy and sell positions based on implied probabilities for each college basketball matchup.
Use the Kalshi promo code ACTION at signup to unlock a $10 new-user bonus. Simply complete $10 in total trades on any Sweet 16 market, and you’ll receive $10 in bonus cash to apply toward additional predictions. The Kalshi referral code ACTION offers a quick, low-commitment way to get involved in the NCAA Tournament’s most competitive stage.
Novig Promo Code ACTION: Spend $5, Get $50 in Novig Coins!
Novig Promo Code ACTION: Spend $5, Get $50 in Novig Coins!
Available in: AK, AR, CA, FL, GA, HI, IL, IN, IA, KS, KY, ME, MA, MN, MO, NE, NH, NC, ND, OH, OK, OR, SC, SD, TX, VT, VA, DC, WI, WY
For a more streamlined approach to the Sweet 16, Novig delivers one of the most user-friendly platforms for March Madness prediction markets. You can quickly access markets on spreads and moneylines for each remaining tournament game, making it easy to jump into the action.
Sign up with the Novig promo code ACTION from Action Network to claim a $50 welcome bonus. After placing just $5 on any Sweet 16 market, you’ll unlock $50 in Novig Coins. These can be used for additional entries, while Novig Cash offers the option to compete for real-money prizes.
How Are Kalshi And Novig Different?
Platform Style: Kalshi operates as a trading-based prediction market where users buy and sell contracts based on implied probabilities, similar to a financial exchange. In contrast, Novig offers a more traditional, pick-based experience that feels closer to a social sportsbook, making it easier for users to jump in and start making predictions.
How You Play: On Kalshi, you trade YES or NO contracts with prices that fluctuate based on market demand, allowing for more strategic entry and exit points. With Novig, you simply select your picks and lock them in, creating a straightforward, set-it-and-forget-it experience without any trading element.
How to Use March Madness Prediction Markets
Prediction markets are easier to use than they might seem. Start by signing up for one of the best March Madness prediction markets above, then browse the available March Madness markets to find a game or outcome that stands out. Select your prediction, review the potential payout, and place your trade if you like the value. From there, just follow the game and see how your pick with one of the best prediction market apps plays out as the action unfolds.
March Madness Sweet 16 Schedule
Here is the full schedule for the upcoming March Madness games in the Sweet 16 round:
Thursday, March 26 (Sweet 16)
- No. 2 Purdue vs. No. 11 Texas at 7:10 p.m. on CBS
- No. 4 Nebraska vs. No. 9 Iowa at 7:30 p.m. on TBS/truTV
- No. 1 Arizona vs. No. 4 Arkansas at 9:45 p.m. on CBS
- No. 2 Houston vs. No. 3 Illinois at 10:05 p.m. on TBS/truTV
Friday, March 27 (Sweet 16)
- No. 1 Duke vs. No. 5 St. John's at 7:10 p.m. on CBS
- No. 1 Michigan vs. No. 4 Alabama at 7:35 p.m. on TBS/truTV
- No. 2 UConn vs. No. 3 Michigan State at 9:45 p.m. on CBS
- No. 2 Iowa State vs. No. 6 Tennessee at 10:10 p.m. on TBS/truTV


