Novig

On this page · 16

1. Quick answer: is Novig legal in California?
2. What is Novig?
3. Is Novig legal in California?
4. What can you trade on Novig?
5. How does Novig work?
6. How much does Novig charge?
7. Is Novig safe?
8. Who should use Novig?
9. Who should not use Novig?
10. How does Novig compare to Rebet?
11. How do I sign up for Novig?
12. Responsible trading tools
13. Our verdict
14. Guides about Novig
15. How Novig compares
16. Ready to open an account?

Bonus: Deposit $10 Get $50 in Trade Credits! with code CAPREDICTS · new users only

• CFTC-designated exchange since June 16, 2026 (Ludlow Exchange, LLC), peer-to-peer sports
• California: Available, dispute pending (as of October 13, 2026)

Founded 2021 · CFTC-designated exchange since June 16, 2026 (Ludlow Exchange, LLC), peer-to-peer sports · iOS, Android, Web

Novig's minimum age is 21. Trading event contracts involves risk of loss. T&Cs apply. Trade responsibly.

What is Novig?

Novig is a peer-to-peer sports exchange. Its operator, Ludlow Exchange, LLC, has been a CFTC-designated contract market since June 16, 2026, and Novig relaunched as a CFTC exchange on August 4, 2026. It is no longer a sweepstakes app.

Is Novig legal in California?

Available, dispute pending (as of October 13, 2026). Novig accepts California residents. California has taken no enforcement action against the platforms, but Kalshi has switched off its markets on three tribes' lands after a September 16, 2026 Ninth Circuit ruling, and the Ninth Circuit's August 28, 2026 Nevada ruling binds California's federal courts. For sports contracts, whether federal law overrides state gambling rules is still being decided in court. Last checked: October 13, 2026.

That said, the legal picture is still being contested. Some state attorneys general have challenged certain platforms; the CFTC has consistently defended its jurisdiction. For the full backdrop, see our California legality guide.

What can you trade on Novig?

Novig covers Sports, Sharp, Peer-to-peer. New markets are added weekly.

Practically, that means contracts on game outcomes, championship futures, player and team milestones, election results, Fed decisions, inflation prints, award shows, and cultural events.

How does Novig work?

Every contract on Novig settles at $1 (yes) or $0 (no). The price you pay reflects the market's implied probability. Example: a contract priced at 62¢ would imply a 62% chance.

You don't have to hold a contract until it settles; you can sell at any time. Example: if you bought at 62¢ and the price later moved to 78¢, you could sell and keep the difference, before fees. You are trading a price, which is different from placing a bet with a sportsbook. For the full mechanic, read how event contracts work.

How much does Novig charge?

Pre-game straight trades on Novig are free. Live (in-game) trades, futures and parlays carry a taker fee that depends on the price, and orders that rest on the book (maker orders) pay nothing. (Checked October 14, 2026.)

Liquidity varies by market. High-profile events like presidential elections or playoff series are deep, while niche markets can be thin. Always check the bid-ask spread before taking a position.

Marketplace · Sponsored

Deposit $10 Get $50 in Trade Credits! with code CAPREDICTS

US residents only · T&Cs apply

Sign up at Novig (opens in a new tab)

Is Novig safe?

Novig is operated by Ludlow Exchange, LLC, a CFTC-designated contract market since June 16, 2026. Trading is still risky and you can lose what you put in.

That regulatory backstop is the single biggest reason California traders choose CFTC-regulated venues over offshore sportsbooks, which operate outside U.S. consumer protection.

Who should use Novig?

Novig is best for experienced sports traders, set-your-own-price trading, and traders who want peer-to-peer pricing.

If that profile fits you, Novig may be worth a look.

Who should not use Novig?

Novig is not ideal for beginners who want one-tap trades or politics or macro traders (sports only) or traders in arizona, michigan or nevada.

If that's you, browse our full platform rankings for a better fit.

How does Novig compare to Rebet?

Novig and Rebet target different users. See our full Novig vs Rebet comparison.

In short: Novig excels at experienced sports traders, while Rebet is typically the default for broader U.S. coverage and brand recognition.

Full Novig vs Rebet comparison →

How do I sign up for Novig?

Visit Novig, complete identity verification (KYC), fund your account from a U.S. bank, and start trading. The full process typically takes under 10 minutes.

Read the terms before funding your account.

Responsible trading tools

Novig provides deposit limits, self-exclusion options, and links to support resources. If trading stops being fun, take a break. Call 1-800-GAMBLER or visit ncpgambling.org (opens in a new tab).

Our verdict

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Ranked fifth in our California ranking. Novig has been a CFTC-designated exchange since June 16, 2026 (relaunched August 4, 2026): a peer-to-peer sports exchange where you can set your own price. Offer: Deposit $10 Get $50 in Trade Credits! with code CAPREDICTS.

Guides about Novig

• Recap: 2026 NBA Finals: A California Fan's Prediction Market Playbook
• Dodgers 2026: Trading the World Series Run from California
• Recap: Stanley Cup 2026: A California Hockey Fan's Trading Guide
• Rams and Chargers 2026: Trading NFL Win Totals from California

How Novig compares

Frequently asked questions

Does Novig have a promo code?

Yes. New users can use code CAPREDICTS for the current welcome offer: Deposit $10 Get $50 in Trade Credits! Terms apply, and eligibility varies by state. Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

Is Novig legal in California?

Novig's status in California is Available, dispute pending (as of October 13, 2026). Novig accepts California residents. California has taken no enforcement action against the platforms, but Kalshi has switched off its markets on three tribes' lands after a September 16, 2026 Ninth Circuit ruling, and the Ninth Circuit's August 28, 2026 Nevada ruling binds California's federal courts. For sports contracts, whether federal law overrides state gambling rules is still being decided in court.

Can California residents use Novig at home?

Novig's status in California is Available, dispute pending (as of October 13, 2026). You can sign up, deposit and trade while physically in California once you pass Novig's identity and location checks.

What states is Novig available in?

Novig's offer is available in 47 U.S. states plus D.C., including California. It is not available in Arizona, Michigan or Nevada.

Does Novig have a promo code or welcome bonus?

Yes. New users can use code CAPREDICTS for the current welcome offer: Deposit $10 Get $50 in Trade Credits! Terms apply, and eligibility varies by state. Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

What can I trade on Novig?

Sports across major U.S. leagues: NFL, NBA, MLB, NHL, college football and basketball, soccer, tennis, and golf. Through a peer-to-peer order book where you can pick the best available price or set your own.

How much does Novig charge?

Pre-game straight trades on Novig are free. Live (in-game) trades, futures and parlays carry a taker fee that depends on the price, and orders that rest on the book (maker orders) pay nothing. (Checked October 14, 2026.)

Is Novig safe?

Novig is operated by Ludlow Exchange, LLC, a CFTC-designated contract market since June 16, 2026. Trading is still risky and you can lose what you put in.

How do I sign up for Novig from California?

Open Novig through our link, enter code CAPREDICTS, complete identity verification and deposit $10 or more. Your $50 in trade credits follows under Novig's current offer terms.

How does Novig compare to Kalshi?

Novig is a sports-only peer-to-peer exchange where you can set your own price. Kalshi covers sports, politics, economics and culture.

Was Novig verified recently?

Our editor opened and funded an account on Novig with her own money (about $200), placed real trades and withdrew. The facts on this page were last checked on October 3, 2026.

How long do Novig withdrawals take to process?

You can withdraw from Novig to a bank account, debit card or Venmo, with a $10 minimum and no playthrough requirement. Check the app for current processing times. (Checked October 3, 2026.)

Does Novig have an app available on the App Store?

Novig has a mobile app and a web version.