Novig Review August 2026: ActionTrust Rating & Full Breakdown
Novig has emerged as one of the leading prediction markets in the United States, particularly for users interested in sports trading. After receiving CFTC designation in August, 2026, Novig began transitioning from its previous sweepstakes model, which used virtual currencies such as Novig Coins and Novig Cash, toward its federally regulated prediction market offering.
Since entering the prediction market space, Novig has stood out for its strong focus on sports and its peer-to-peer trading model. The name reflects its “no-vig” approach, allowing users to trade against other participants rather than a traditional sportsbook, with Novig instead generating revenue through fees.
Read our Novig review to learn more about how the platform works, its sports-focused markets, key features, and our ActionTrust Rating for Novig.
🔍 Novig Review Key Takeaways for August 2026
Below we have gathered essential information about Novig you should consider before starting to trade on it, such as year established, regulatory model, market categories, available states, payment and withdrawal methods and much more.
| 🗓️ Year Established | August 4, 2026 |
| 🏢 Parent Company | Ludlow Exchange, LLC |
| ⚖️ Regulation | Commodity Futures Trading Commission (CFTC) |
| 🔞 Age Requirement | 21+ |
| 📍 Available States | 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 |
| 🗂️ Market Categories | Pro and College Football, Pro and College Basketball, Baseball, Hockey, Soccer, Combat Sports, Tennis, Player Props, Season Futures, Live In-Game Markets |
| 💳 Deposit Methods | Visa, Mastercard, Bank Transfer |
| 💲 Withdrawal Methods | Bank Transfer (Trustly) |
| ⏱️ Withdrawal Times | Within 24 hours |
| 📄 Tax Form | Form 1099-MISC |
| 🎁 New User Offer | Spend $25, Get $50 in Novig Coins! |
| 📱 Compatible Devices | iOS, Android & Desktop |
| 🍎 Apple App Store Rating | 4.7/5 (3.6K ratings) |
| ▶️ Google Play Store Rating | 4.5/5 (931 ratings) |
| ✅ ActionTrust Rating | 9.3/10 |
ActionTrust Rating of Novig
Taking into account Novig's market quality and liquidity, resolution accuracy and dispute history, regulatory status and legal clarity, payout reliability, market variety and depth, fund segregation and safety, platform and UX quality, responsible gambling tools, bonus and promo transparency, and customer support quality, Novig has earned an outstanding ActionTrust Rating of 9.3 out of 10.
- Market Quality & Liquidity: 8.0/10 ⭐
- Resolution Accuracy & Dispute History: 9.0/10 ⭐
- Regulatory Status & Legal Clarity: 8.5/10 ⭐
- Payout Reliability: 9.0/10 ⭐
- Market Variety vs. Depth: 7.5/10 ⭐
- Fund Segregation & Safety: 8.5/10 ⭐
- Platform & UX Quality: 7.5/10 ⭐
- Responsible Gambling Tools: 8.5/10 ⭐
- Bonus & Promo Transparency: 8.0/10 ⭐
- Customer Support Quality: 7.5/10 ⭐
🛡️ Is Novig Legit?
Yes, Novig is a legitimate prediction market that operates under a CFTC-regulated framework, allowing U.S. users to trade peer-to-peer contracts across sports markets, including professional and college football, soccer, combat sports, and more.
Unlike a traditional sportsbook, where users bet against the house, Novig operates as an exchange where participants trade contracts against other users. This allows traders to take positions on sports outcomes without the traditional sportsbook model.

📍 Novig Legal States
As a prediction market, Novig legally operates in 29 US states, with Novig legal states including AK, AR, 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, and WY.
💡 How Does Novig Work
Novig is a peer-to-peer sports prediction and trading exchange where users trade against other participants rather than a bookmaker or the house. One of Novig's key features is its no-vig model, meaning there is no traditional commission, vig, or juice.
Key mechanics of Novig include:
- Peer-to-Peer Trading: Users match positions directly with other participants on game or event outcomes rather than betting against a bookmaker.
- Event Contracts: Novig operates with binary sports event contracts where winning selections settle at full value and losing selections settle at zero, with the option to exit positions early.
- Liquidity Dependent: The ability to place larger trades depends on other users taking the opposite side at the desired price.

💰 Novig Currencies: Novig Coins vs Novig Cash
As Novig operates on a dual-currency system, there are two types of coins available: Novig Coins and Novig Cash. Both virtual currencies have different purposes, so below we have highlighted some of the key features attached to each coin type.
- Novig Coins: Novig Coins are a free-to-use currency at Novig. They have no monetary value, cannot be withdrawn or redeemed for cash, and are used for entertainment or practice purposes.
- Novig Cash: Novig Cash is a promotional currency used for sports predictions and peer-to-peer exchanges on the site. The key difference is that Novig Cash can be redeemed for cash and withdrawn from the site, and can be obtained through promotional offers, specific milestones, or the Novig Points program.
ℹ️ Novig Sign Up Bonus Explained
All new players who sign up at Novig receive $5 in Novig Coins for free, while those who use the Novig promo code ACTION can claim the current welcome bonus, which allows them to Spend $25, Get $50 in Novig Coins!
To learn how to successfully claim the Novig welcome offer, check out our complete Novig promo code guide for a full breakdown from our Action Network experts.
👇 How to Sign up at Novig
Signing up at Novig is pretty simple and takes around five minutes. Follow the steps below to sign up at Novig and claim its sign-up bonus without any issues.

Use one of the banners or our verified links on this page to get forwarded to the Novig homepage.

Click the blue ‘Sign Up’ button in the top right. You will be taken to the registration window, where you can enter your email address or use the shortcut to sign up with your Google or Apple account.

You can set up a passkey on your device or continue without one, in which case you will be prompted to create a strong password.

After completing the Novig registration process, you will be prompted to verify your phone number via SMS and submit your KYC documents. After making a qualifying purchase, you will see $50 in Novig Coins added to your account automatically after the transaction.
🎁 Novig Bonuses for Existing Users
There are also several bonuses available to existing Novig players, even if you already have an account. While the sign-up bonus is reserved for new users, existing players can take part in the Novig Points program, refer-a-friend program, daily login bonuses, parlay boosters and parlay insurance, as well as sport-specific challenges to earn additional rewards.
| 🎁 Novig Existing User Bonus | 📝 Description |
|---|---|
| 🎯 Novig Points Program | Novig's rewards program allows users to earn points based on their play. Learn more in our Novig Points guide to understand how the tiers work and how to maximize your rewards. |
| 🤝 Refer a Friend Bonus | Share your unique referral link with a friend. If they sign up and make a first-time purchase of 25 Novig Coins or more, both you and your friend will instantly receive 25 Novig Cash. |
| 📅 Daily Login Bonus | Open the app each day to earn a mix of Novig Coins and Novig Cash. Users who log in for 25 consecutive days can earn up to 10 Novig Cash for free. |
| 🚀 Parlay Booster | Parlay Booster increases the payout on winning parlays by adding a percentage bonus to the standard winnings. |
| 🛡️ Parlay Insurance | Parlay Insurance provides a safety net for qualifying parlays. If only one leg loses, you may be eligible to receive part of your stake back in the form of bonus Novig Cash. |
| 🏆 Sport-Specific Challenges | Novig regularly runs challenges tied to specific sports leagues, giving users additional ways to earn rewards. |
📱 Novig App Availability and Overview
When it comes to prediction market mobile apps, Novig also delivers a solid mobile experience, with dedicated apps available for both iOS and Android devices. Many users prefer the iOS version over the Android app.
In the table below, we’ve compiled key information about the Novig mobile apps, including their size, ratings, and other important details.
| 📲 Novig App Availability | iOS & Android |
| 🍎 Novig Apple App Store Name | Novig: Trade & Predict Sports |
| ⭐ Apple App Store Rating | 4.7/5 |
| 📦 Apple App Store Size | 130.8 MB |
| 🤖 Novig Google Play Store Name | Novig: Prediction Market |
| ⭐ Google Play Store Rating | 4.5/5 |
| 📦 Google Play Store Size | 92 MB |
👥 Novig App Reviews for August 2026
While reviewing the Novig mobile apps, we downloaded and tested both iOS and Android. Overall, the mobile experience closely mirrors the desktop version, with responsive controls, no noticeable glitches, and an easy-to-navigate interface. Based on our testing, we would recommend Novig for mobile play.
We also looked at player feedback, as individual experiences can vary. Many users praise Novig's no-vig approach, while others highlight its wide selection of player props and odds, as well as helpful and responsive customer support.
Below, we've compiled some of the most recent comments from users of both Novig mobile apps.

“This app is incredibly simple and user-friendly. I love how easy it is to navigate player props, and it’s a huge bonus alongside the accessible money lines and spreads. Overall, it’s a clean, straightforward app that makes everything easy to find and use.”

"I absolutely love the No Vig app. They have some of the best lines in the business and you also have the ability to set your own lines if you don't like the lines available as long as someone else is willing to accept your bet. The only thing they can do better imo is making the rewards system more appealing. Overall I love the app."

“While I had a few issues with the app crashing, these low ratings are ridiculous. Novig follows my one rule and that's all I care about... I withdrew and got it in minutes. It's 2026. Anything else is a joke and these guys get it. also better lines because peer to peer. I'll be using it as my primary.”
📊 Novig Pros and Cons
Novig has earned its place among the best prediction markets, and while it has several strong points, there are also a few drawbacks to consider. Refer to the table below for an overview of the key strengths and weaknesses of the Novig prediction market.
| 👍 Pros | 👎 Cons |
|---|---|
| 🟢 No-vig pricing with no traditional sportsbook markup | 🔴 Lower liquidity in smaller sports and niche prop markets |
| 🟢 Peer-to-peer trading against other users | 🔴 Exchange-style betting may take some time for new users to understand |
| 🟢 Available across most U.S. states | 🔴 Redemption limits and requirements may be less favorable than those offered by traditional sportsbooks |
| 🟢 Broad selection of sports and popular trading markets | |
| 🟢 Top-performing mobile apps for iOS and Android |
💳 Novig Deposit Methods & Withdrawal Options
Novig offers several trusted payment and withdrawal options for its users. Accepted payment methods include Visa, Mastercard, and bank transfer, while users can withdraw their winnings via bank transfer through Trustly.
| 💳 Method | 💰 Deposit | ⏱️ Deposit Time | 💸 Withdrawal | ⏱️ Withdrawal Time |
|---|---|---|---|---|
| Visa | Yes | Instant | No | n/a |
| Mastercard | Yes | Instant | No | n/a |
| Bank Transfer | Yes | Instant | Yes | Within 24 hours |
⚔️ Novig vs. Other Prediction Markets
To help you see how Novig compares with other prediction markets, we've compared it with Polymarket and FanDuel Predicts across the key features that matter most.

- Promo Code: ACTION
- Welcome Offer: Deposit $10, Get a $20 Trading Bonus!
- Min. to Qualify: $10 Deposit
- Best for: Welcome bonus with a low barrier of entry
- Available in: AK, AL, AR, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, ME, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NY, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

- Promo Code: ACTION
- Welcome Offer: Spend $25, Get $50 in Novig Coins!
- Min. to Qualify: Trade $25
- Best for: Sports Bettors & Prop Traders
- Available in: AK, AR, 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

- Promo Code: No Code Required
- Welcome Offer: Sign Up & Unlock Your Offer!
- Min. to Qualify: Any trade
- Best for: Simple qualifying process
- Available in: AK, AL, CA, DE, FL, GA, HI, ID, MN, ND, NE, NM, OK, RI, SC, SD, TX, UT
🛑 Novig Responsible Trading Tools
Novig is committed to promoting responsible trading and offers several tools to help users manage their engagement. Available responsible trading tools at Novig include:
- Time Out: Take a break for 1 day, 3 days, 7 days, 1 month, 3 months, or 6 months.
- Deposit Limits: Set daily, weekly, or monthly deposit limits.
- Order Limits: Set daily, weekly, or monthly limits on order sizes.
- Permanent Account Closure: Permanently close your Novig account by contacting customer support via email.
- Self-Exclusion: Access an ecosystem-wide self-exclusion option across all prediction market platforms.
📞 Novig Customer Support Channels
Novig currently offers several customer support options to help users quickly resolve any issues they may encounter. These include:
- Live Chat: App users can access live chat to speak with a representative directly.
- Email: You can contact the support team at support@novig.co, with responses typically provided quickly.
- Help Center: Novig's Help Center is well organized, with several categories and a wide range of articles covering different topics to help users better understand and resolve common issues.
