Last updated: October 27, 2026
As of October 2026, Novig’s official new-member offer is simple: deposit $10 and get $50 in Trade Credits, paid as five separate $10 credits. A Novig promo code or referral link is mostly about how you arrive, because the welcome offer itself applies to every eligible new member who has not traded before. Where a link does matter is the refer-a-friend programme, which launched on October 22, 2026 and rewards the person who sends the invite.
Novig is a sports-only prediction market regulated by the Commodity Futures Trading Commission, so you trade event contracts on game outcomes against other users rather than betting against a house. The main caveats: you must be 21 or older, Novig is not available in Arizona, Michigan or Nevada, and the credits come with a price cap that shapes how you can use them.
Deposit $10+, get $50 in Trade Credits (five $10 credits, one per trade, contracts priced $0.60 or less, 30-day expiry); referral: friend gets $50, referrer five $5 credits (max 5 referrals).
Enter it in Referral link at sign-up (from the Referral page on the referrer's home screen); welcome credits apply to eligible new members on a first $10 deposit. 21+; US nationwide except Arizona, Michigan and Nevada; identity verification incl. SSN; new members who have not traded. Last checked October 27, 2026.
Go to NovigThe code box above shows the current Novig code or link we have verified, if one is active. The welcome credits themselves come from Novig’s New Member Deposit Program, whose terms are summarised below.
Key takeaways
- Deposit $10, get $50 in Trade Credits. Paid as five $10 credits, one per trade, on contracts priced at 60 cents or less.
- Credits expire 30 days after issue and cannot be withdrawn, but profits from trades made with them settle as ordinary, withdrawable funds with no volume requirement.
- Refer-a-friend: “Give $50, Get $25”. Your friend gets the $50 welcome credits and you get five $5 Referral Credits, for up to five friends.
- 21+ only, nationwide except Arizona, Michigan and Nevada. One welcome offer per person, checked against your Social Security number.
- Pre-game straight trades carry no fee. Live and futures trades pay a small taker fee.
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What the Novig Promo Code Offer Gives You
Novig’s New Member Deposit Program terms set out the offer in detail. It began at 8:00 AM Eastern on October 1, 2026 and is scheduled to run for one year unless Novig ends or changes it sooner. Deposits made before that date do not qualify.
| Term | New Member Deposit Program |
|---|---|
| Qualifying action | Verify identity, link a payment method, deposit $10 or more |
| Reward | $50 in Trade Credits, issued as five $10 credits |
| Who qualifies | Approved members who have not previously traded on Novig |
| How credits can be used | One credit per trade, on any contract priced from $0.01 to $0.60 |
| Unused remainder | Forfeited if a trade uses less than the full $10 |
| Expiry | 30 calendar days after issue |
| Withdrawals | Credits are not withdrawable; trade proceeds are, with no volume requirement |
| Limit | Once per person; a Social Security number linked to another account is excluded |
The 60-cent cap is the detail that matters most. It stops credits being used on heavy favourites, where a $10 credit would buy contracts priced at, say, 85 cents for a small profit. Instead, each $10 credit buys at least about 16 contracts on an outcome the market rates at 60% or less, so the credits pay out more when they win but win less often. Using the full $10 on each trade also matters, because any unused part of a credit is lost.
The Novig referral programme: Give $50, Get $25
Novig’s referral terms, effective October 22, 2026, work through a personal link found on the Referral page of the app’s home screen. When a friend signs up through that link and qualifies for the New Member Deposit Program, the friend receives the standard $50 in Trade Credits and the referrer receives five $5 Referral Credits.
- The referrer must be an active trader. To receive the credits you need at least five completed trades using your own funds, at least $50 of your own money put at risk across them, and at least $10 in total deposits. Trades made with promotional credits do not count.
- Pending window: if you have not met those thresholds when your friend qualifies, the credits stay pending for 30 days and are forfeited if you miss the window.
- Use within seven days: Referral Credits expire seven days after they are issued.
- Cap: up to five referrals per member, and each new member can be referred only once.
- Same 60-cent price cap as the welcome credits.
How to Claim the Novig Offer, Step by Step
- Use a referral link or code if you have one, before you create the account. Novig’s referral programme credits friends who sign up through the referrer’s link, so a link added after sign-up may not be attributed.
- Download the Novig app or open novig.com and create an account. Account creation is free.
- Verify your identity. Novig needs your details, including your Social Security number, to approve membership.
- Link a payment method and deposit at least $10. Do not place a trade before the deposit if you want the welcome credits; the offer is for members who have not traded before.
- Find your five $10 Trade Credits and apply one per trade, on contracts priced at 60 cents or less, within 30 days.
Eligibility, Restrictions and Fine Print
Novig’s help centre states that the platform is available nationwide except in Arizona, Nevada and Michigan, and that you must be 21 or older to open and operate an account. The promotion terms add a few exclusions: market makers, entity accounts and customers trading through an introducing broker or futures commission merchant cannot take part, and anyone under an open compliance review is ineligible.
- Credits from the welcome offer cannot be combined with other Novig promotions.
- Credits cannot be used through programmatic or automated trading.
- If the qualifying deposit is reversed or returned, Novig can claw the credits back and disqualify the account.
- State law around sports event contracts is contested. Novig has sued New York over its authority to regulate the product, so availability can change.
How Novig Works and What It Charges
Novig lists event contracts on pro and college football, baseball, basketball, hockey, golf, tennis, soccer and MMA. A contract pays $1 if its outcome happens and $0 if not, and its price, between 1 cent and 99 cents, is the market’s live estimate of the probability. You can sell before the game ends to lock in a gain or cut a loss. Novig used to run a dual-currency sweepstakes model; its help centre confirms both old currencies are retired and all accounts now run in US dollars.
Fees use one formula: a coefficient multiplied by price, by one minus the price, and by the number of contracts, so they peak on 50-cent contracts and shrink toward the extremes. Pre-game straight trades in the app or on the web carry no fee at all. Live straight trades and futures pay a taker fee with a 0.06 coefficient, and parlays a 0.10 coefficient that is built into the quoted price. College football is one of the busiest areas; markets there can move sharply, as our breakdown of what moved the Tulane playoff market shows.
Novig vs Other Prediction Market Promo Codes
| Platform | Welcome offer (October 2026) | Age | Guide |
|---|---|---|---|
| Novig | Deposit $10, get $50 in Trade Credits | 21+ | This page |
| ProphetX | Trade $50, get $75 in three installments | 18+ or local age of majority | ProphetX promo code |
| Kalshi | Varies by offer; trading credit after qualifying activity | Adult, per offer terms | Kalshi promo code |
| Polymarket US | Posted campaigns; referral code is a username | 18+ or local age of majority | Polymarket promo code |
Novig’s offer has the lowest entry point of the group: a $10 deposit with no trading requirement. ProphetX pays more in total but requires $50 of real trades first. For the full field, including the DFS pick’em apps, see our prediction market promo codes guide.
Is Novig Safe and Legit?
Novig’s exchange is run by Ludlow Exchange LLC, which its promotion terms describe as a CFTC-designated contract market based in New York. The designation came in June 2026, and the sports prediction market went live in August 2026. Its published policies include a rulebook, a member agreement and a clearinghouse acknowledgement for Bitnomial, which clears its trades. Promotions are filed with the CFTC as incentive programmes, which is why the terms are so specific.
That is a meaningful step up from the sweepstakes model Novig used before, but it is a young exchange operating in a legally contested area. Keep balances modest, and remember that contracts bought with credits can lose just like any other.
Novig Promo Code FAQ
Do I need a Novig promo code to get the $50?
According to Novig’s terms, the New Member Deposit Program is open to all new members who meet the requirements. A referral link matters for the person who invited you, not for the size of your own welcome credits.
Is there a Novig promo code for existing users?
The welcome offer is only for members who have not traded before. Existing users can earn through the referral programme and through Novig’s points programme, which has its own terms.
Can I add a Novig referral link after signing up?
The referral terms require the friend to sign up through the referrer’s link, so plan to use it before creating your account.
Can I withdraw Novig Trade Credits?
No, the credits themselves are non-withdrawable. Proceeds from a winning trade made with a welcome credit settle as ordinary funds and can be withdrawn under Novig’s standard process, with no volume requirement.
Is Novig a sportsbook?
No. Novig describes itself as a CFTC-regulated exchange where users trade event contracts with each other, with prices set by the market rather than a bookmaker.
Event contracts carry real risk and you can lose the full amount of a position. Must be 21+. Not available in Arizona, Michigan or Nevada; offers can change and vary by state. If you or someone you know has a gambling problem, call 1-800-GAMBLER.
