Novig is a peer-to-peer sports prediction market that allows users to make predictions against each other, eliminating the traditional sportsbook's house advantage. It offers two betting modes: NoVig Coins for free play and NoVig Cash for real-money wagers. Users can set their own odds or choose from existing lines, providing a fairer betting experience. Novig is available in over 40 U.S. states and provides various rewards and bonuses for users, enhancing the overall betting strategy.
Overview
Latest News
Novig launches inaugural MLB partnership with New York Mets
As part of the multi-year collaboration, Novig will receive in-stadium signage across Citi Field, in-game moments, broadcast branding and original digital and social content.
CFTC designates Novig as DCM, provides authorization for prediction market offering
As a result of the CFTC designation, Novig will be able to operate across all 50 states and implement safeguards such as market surveillance and protections against insider activity.
Novig to serve as exclusive partner of LIV Golf, feature inaugural player integration
The collaboration was said to represent the first time a prediction markets operator will activate branding and marketing capabilities at a live professional golf event, running from April 9-12.
Novig raises $105m in total capital to ‘accelerate’ prediction markets development
The sports trading platform recently closed on a $75m Series B funding round led by Pantera Capital and submitted an application to the CFTC in hopes of becoming a licensed DCM.