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
Legal & RegulatoryOnline+ 1 more
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.
2 min read • Jun 16 • By Kirk Geller
MarketingOnline+ 3 more
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.
2 min read • Apr 8 • By Kirk Geller
FinancialiGaming+ 2 more
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.
2 min read • Feb 18 • By Kirk Geller