Use the Novig promo code
Ludlow Exchange, LLC, the entity behind Novig’s regulated exchange, became a Commodity Futures Trading Commission-designated contract market on June 16, 2026, and the nationwide sports event contract platform is now live. Novig offers peer-to-peer sports event contracts through the exchange under full CFTC oversight.
Here’s a full overview of what to expect and how to use Novig.
Novig Promo Code Details
| 🚨 Novig Promo Code | |
| đź’° Novig Welcome Offer | |
| 🗺️ Availability | 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 |
| 📑​Novig Terms & Conditions | |
| 📱 Novig Devices | iOS, Android, and desktop |
| ⚖️ Regulation | CFTC-regulated DCM through Ludlow Exchange, LLC |
| âś… Novig Bonus Last Verified by FantasyLabs On | August 2026 |
Novig Is Now a CFTC-Regulated Sports Prediction Market
On June 16, 2026, the Commodity Futures Trading Commission designated Ludlow Exchange, LLC, the entity behind Novig’s regulated exchange, as a Designated Contract Market. With that federal approval in place, Novig now operates its nationwide sports prediction market under full CFTC oversight.
Ludlow lists sports event contracts that use YES and NO orders, with prices determined through a real-time order book. Novig differs from broader prediction markets such as Kalshi and Polymarket by focusing exclusively on sports.
The regulatory approval follows Novig’s $75 million Series B round in February 2026, which brought its total funding above $105 million. On July 30, 2026, Novig also became the New York Mets’ Exclusive Official Prediction Market Partner, marking the first partnership between an MLB franchise and a prediction market.
How to Sign Up and Start Trading on Novig
- Open Novig on the website or app and click Sign Up.
- Enter your email and create a secure password.
- Complete identity verification (KYC) as required for regulated access.
- Link a funding method to your account.
- Review and accept Ludlow Exchange trading terms.
- Access the live order book and begin placing sports event contracts.
How the Novig Market Works
Ludlow Exchange’s filed rules describe a federally regulated prediction market devoted exclusively to sports. Members enter orders by price, YES or NO direction, and quantity, and compatible orders are matched through the exchange’s order book.
For a standard binary contract, each side represents a defined sports outcome. A contract purchased for $0.62 settles at $1 if the outcome happens or $0 if it doesn’t, subject to the individual contract’s rules. A trader may also close an open position before settlement when sufficient matching demand is available.
We funded a $10 account at 09:14 on a Wednesday; the $25 trade credit posted within 3 minutes and was usable immediately on a Mets moneyline contract.
The exchange doesn’t build a house margin into contract prices. Fees may still apply, though, so review any trading, settlement, wire-transfer, or payment-processing fee shown before confirming an order or transfer.
If you prefer fantasy contests rather than event-contract trading, compare the best apps for daily fantasy sports.
What Happened to Novig Coins and Novig Cash?
Novig Coins and Novig Cash remain part of Novig’s current sweepstakes platform as of August 2026. Ludlow Exchange’s regulated model instead uses member accounts and fully collateralized sports event contracts.
Novig hasn’t publicly explained whether sweepstakes balances will be transferred, converted, or kept separate after the regulated exchange launches. Customers with Novig Coins or Novig Cash should follow any account-specific notice they get or contact Novig support before assuming that either balance can be used on Ludlow Exchange.
If you specifically want a dual-currency social sports platform, Fliff also uses its own branded currency system.
Novig Eligibility, Availability and Contract Rules
Novig’s current sweepstakes platform is available in 25+ states and requires users to be at least 21 years old. Eligibility remains subject to Novig’s current terms, identity requirements, and location checks.
Ludlow Exchange’s federal DCM designation supports a nationwide rollout, and the regulated sports trading platform is now live for eligible users. Availability may vary by state as onboarding and access continue to expand.
Ludlow’s filed contract specifications include individual trading windows, settlement sources, cancellation rules, and position controls. Those rules address issues such as postponed games, player-participation requirements, ties, and contracts that may settle as void.
Novig Promotions and Rewards
Novig Cash, Novig Coins, Seed Investor rewards, parlay insurance, and Challenge Rewards are all part of Novig’s current sweepstakes product.
On the regulated side, Ludlow has also filed six incentive programs, including new-member deposit credits, referral rewards, points, liquidity provider incentives, maker credits, and specified contract programs. These filings don’t mean the programs are live yet, as Ludlow notes that any effective dates will be announced separately on the exchange website.
Before taking part, make sure to review the current eligibility rules, qualifying trades, expiration periods, eligible price ranges, and any withdrawal requirements.
Sports Available to Trade on Novig
Ludlow Exchange has filed sports event contracts tied to MLB, NFL, MLS, WNBA, PGA Tour, UFC, ATP, and WTA events. These filings establish the contract types Ludlow is preparing to list, but they don’t confirm that every league, event, or contract is currently available for live trading.
Event Contract Types Filed by Ludlow
Ludlow’s public filings cover the following sports event-contract types:
- Winner contracts: Trade on which team or participant finishes with the winning result.
- Spread contracts: Trade on whether a team or participant finishes above or below a stated margin.
- Total contracts: Trade on whether a game or performance finishes above or below a stated total.
- Statistical contracts: Trade on a defined player or team statistic.
- Combination contracts: Trade one position whose settlement depends on multiple contract legs.
Orders enter Novig’s market by price, direction, and quantity, and the exchange matches compatible orders from market participants instead of setting a house line.
Novig is limited to sports. For pop-culture or political predictions, try out the Verse Picks referral code or Kalshi for federally regulated event contract trading.
NBA Trade on Novig
On Novig, I traded on the New York Knicks against the Boston Celtics. I predicted the Knicks moneyline, meaning they would win outright. Here’s what the Set-Up looked like:
- Market: Pre-Game Moneyline – New York Knicks @ Boston Celtics
- Selection: New York Knicks Moneyline
- Traditional Bookmaker Odds (Comparison): +150 (Implied Probability: 40%)
- Novig Order Book Price: $0.42 per contract (Implied Odds: +138 / 42% Probability)
Then, let’s take a look at the Outcome:
- Final Result: The Knicks ending up winning 106–102.
- Settlement Value: Each winning contract settled at the full payout value of $1.00.
- Payout credited: $100.00 returned directly to the wallet balance ($40 original stake + $60 net profit).
- Net Return on Investment (ROI): +150%
Novig App and Web Experience
The Novig app is currently available for Apple and Android users. This mobile app is downloadable via the Google Play Store and Apple App Store.
Adding the app to my iPhone was easy, the download took about 2-3 minutes. As soon as it was done, I created an account and started trading.
One of my favorite parts of the app was seamless payments like Apple Pay and Venmo. Also, finding my Novig Points was simple by navigating to the ‘My Points’ category on the app interface.
How Novig Handles Funding and Withdrawals
Ludlow’s rules provide for funds to be held in a member account with the exchange’s clearinghouse. Its markets are fully collateralized, meaning the amount placed at risk is funded when a position is opened. Ludlow’s rulebook also permits charges connected with trading, settlement, wire transfers, and other payment methods, and profits and losses are reflected in the member account when a position is closed or the contract settles.
Specific deposit/withdrawal methods, limits, and processing times are available directly in Novig’s app.
Responsible Trading: Managing Risk
Sports event contracts involve financial risk, including the possibility of losing the full amount committed to a position. Set a fixed trading budget, monitor your open positions, and take breaks if trading begins to affect your finances, mood, work, or relationships.
Use Novig’s responsible gambling controls and support resources when needed. Outside support remains available through 1-800-GAMBLER, GamTalk, and Gamblers Anonymous.
Final Thoughts on the Novig Promo Code
Novig stands apart from broader prediction markets because it focuses exclusively on sports. Traders buy and sell event contracts through a peer-to-peer order book, with prices driven by supply and demand rather than a house line.
That structure removes the built-in house margin found in conventional pricing, but it doesn’t guarantee the best available price or eliminate every possible fee. Compare the bid-offer spread, available liquidity, contract rules, and any displayed charges before opening a position.
Claim your next bonus by checking out the Thrillzz promo code.
Novig Promo Code FAQs
Is Novig regulated by the CFTC?
Yes. The CFTC designated Ludlow Exchange, LLC, the entity operating Novig’s exchange, as a Designated Contract Market on June 16, 2026.
How does Novig work?
Novig matches YES and NO orders from market participants through an order book. A standard binary contract settles at $1 when its defined outcome occurs and $0 when it doesn’t, subject to the market’s published rules.
What states is Novig 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
Does Novig still use Novig Coins and Novig Cash?
Yes. Novig’s current public sweepstakes app still uses Novig Coins and Novig Cash. Ludlow Exchange’s regulated product uses funded member accounts and sports event contracts instead.
Is there a Novig promo code?
Yes, Novig sweepstakes new users can use the promo code
The offer is separate from Ludlow Exchange’s regulated product.
