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Novig Is Back, Federally Regulated, and Handing Out $25 in Trade Credits Like Candy

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trophy logo on gradient background — Created by the Sports On Tap desk | Source : Sports On Tap (team logos property of their respective owners)

Heads up, sports prediction market fans: the Novig promo code FOXSPORTS just dropped, unlocking a sweet welcome offer for new users. We’re talking about depositing ten bucks and getting twenty-five in Trade Credits to kick things off on their peer-to-peer exchange. It’s a low-risk way to dive into a platform that’s making some serious waves, especially with its unique regulatory setup.

This Isn’t Your Regular Prediction Market

Novig isn’t your grandma’s prediction platform. This thing runs as a peer-to-peer exchange, meaning your trades get matched against another user, not some house setting the odds. You’re buying and selling “yes” or “no” contracts, priced between $0.00 and $1.00, with that price tag showing what the market thinks is likely. No bookie in sight, just pure market action.

And get this: Novig relaunched in August 2026, operating as a *federally regulated* exchange under Ludlow Exchange, LLC. They snagged a Designated Contract Market designation from the Commodity Futures Trading Commission back in June 2026. Why’s that a big deal? Because that federal framework is why this platform is live in 47 states plus Washington, D.C., including massive markets like California, Texas, and Florida, places where traditional online sportsbooks are usually a no-go zone. This isn’t some back alley operation; this is legit, and it’s strictly sports only, no political or pop culture markets to distract you. Oh, and you gotta be 21 or over, which is actually stricter than a lot of other prediction market platforms out there.

Breaking Down Those $25 Trade Credits

Alright, so about that free cash: new traders who register with FOXSPORTS and fund their account with at least $10 get a cool $25 in Trade Credits. But hold up, there are a few rules, because nothing good comes without a catch, right? That $25 doesn’t hit as one big lump sum; it’s five separate $5 Trade Credits. Each one? Gotta be applied in full to a *single straight trade*. No splitting them up, no stacking them, and definitely no combining them with other promos.

Plus, you can’t use them on a “Make Order,” meaning you can only “take” a price that’s already sitting in the market. Oh, and here’s the kicker: the contracts have to be priced at $0.60 or lower for a credit to apply. That rules out the heavy favorites and pushes you towards those closer, more exciting markets. All five credits vanish after 30 days if you don’t use ’em, so if you’re planning to jump in, you better be ready to be active in that first month.

So, if you’re 21 or older and looking to get in on the action with a federally regulated, peer-to-peer sports prediction market that’s actually *available* in most of the country, Novig might be your play. Just remember that promo code FOXSPORTS, make that first $10 deposit, and get ready to strategize how you’ll use those five separate $5 Trade Credits before they expire in 30 days. It’s a fresh take on the game, and with $25 on the table, what are you waiting for?

This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.

Originally reported by Fox Sports.

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