By PredictQ Team // Updated: July 2026
Novig charges nothing on trades. No commission, no transaction fee, no spread markup. The name is the fee schedule: where a sportsbook builds a 4-5% margin into every line, Novig matches users against each other at whatever prices they set, and takes no cut in between. For an active sports bettor, that pricing structure is the single biggest reason the platform exists.
This breakdown covers how the no-vig model works mechanically, what you actually pay on purchases and redemptions, and how Novig’s costs stack up against sportsbooks, Kalshi, and Polymarket. One flag before we start: these are the economics of Novig’s current sweepstakes app. The regulated exchange launching in Q3 2026 (following June’s CFTC approval) hasn’t published its fee schedule yet, so verify the new terms at launch before assuming zero carries over.
The Headline: No Vig
The most important fee fact about Novig is the absence. When you place a position, you’re trading directly against another user at a price one of you posted. Novig matches the sides and steps aside.
Run the practical math. A standard -110/-110 sportsbook spread requires a $110 stake to win $100 on either side; the extra $10 is the house margin. On Novig, the same spread at true even money costs $100 to win $100. That gap, roughly 4.5% on a standard line, is what you stop paying.
How the Model Works Mechanically
Novig runs a central limit order book, the same architecture as a stock exchange:
- A Make order posts your price to the book as a limit order. It sits there until someone takes it or you cancel.
- A Take order accepts an existing price from someone else’s Make. It fills immediately.
- Matched trades go into escrow until the event resolves.
- At resolution, the winning side collects at the agreed price. The losing side forfeits the stake.
No margin gets inserted at any step. Novig’s revenue comes from currency purchases (users buying Novig Coin packages), which is what makes the zero-fee trading economics work.
Purchase Costs
Buying a Novig Coin package costs the package price, nothing more from Novig’s side. You receive the Coins plus any bundled bonus Novig Cash. What you might pay comes from your payment provider:
- Trustly or Aeropay bank transfer: free in almost all cases.
- Debit or credit card: free from Novig; your issuer’s rules apply, and some issuers treat these purchases unfavorably.
- Apple Pay / Google Pay: free.
- Stablecoin deposits: network gas fees, depending on chain.
Trustly is the cheapest reliable path. Card purchases occasionally include promotional bonus Novig Cash, which can more than offset any incidental cost.
Redemption Costs
Zero from Novig. Redeem Novig Cash and you receive the full amount, whether by bank transfer, debit card, or Venmo. Banks rarely charge on incoming transfers, and standard Venmo transfers are free. The minimum redemption is $20, and processing runs 1-5 business days, usually inside 48 hours.
Playthrough: The Cost That Isn’t a Fee
Bonus Novig Cash carries a 1x playthrough before it redeems, meaning you use it in predictions once before the associated winnings become withdrawable. Sportsbook bonuses routinely demand 5-10x playthrough. A 1x requirement is about as friendly as bonus terms get in this business.
Novig vs. Sportsbook Pricing
Take a standard NBA spread at -110/-110:
- DraftKings/FanDuel: $110 to win $100. Implied break-even 52.4%. You pay the vig on every bet, win or lose.
- Novig at even money: $100 to win $100. Break-even 50%.
Scale it and the number gets uncomfortable. At $100 a bet, 100 bets a year costs you roughly $450 in implied vig at a book. A thousand bets, or 100 bets at $1,000 each, costs about $4,500. Push past $100k in annual handle and the sportsbook tax runs five figures. Same picks, same results, different venue.
The Make Order Discount
On top of the baseline pricing, Make orders let you manufacture additional edge. If the best Take price on a market is +100 and you post a Make at +105, you’re demanding slightly better odds than the market offers. If someone takes it, you got paid extra for patience. If nobody does, you cancel and you’ve lost nothing.
This is the most underused feature on the platform. New users mash the Take button; sharp users live in the book.
Put numbers on it. Getting +105 instead of +100 on a $100 stake is an extra $5 on every win. Do that across 200 winning trades in a season and you’ve manufactured $1,000 out of patience alone, on top of the vig you already weren’t paying. Small edges, applied relentlessly, are the whole game.
Novig vs. Other Prediction Markets
Cost to trade a 50/50 market, per 100 contracts or the equivalent $100 position:
- Novig: $0. No platform fees.
- Kalshi: taker fee peaks at $1.75 per 100 contracts at 50 cents; lower at price extremes, and maker fees run a quarter of taker.
- Polymarket Geopolitics: $0.
- Polymarket Sports: $0.75 per 100 shares at 50 cents.
- Polymarket Crypto: $1.75 per 100 shares at 50 cents.
- Traditional sportsbook: roughly $4.50 in implied vig on a standard line.
On sports, apples to apples, Novig is structurally the cheapest venue in the US market. Kalshi and Polymarket charge modest per-contract fees on sports; Novig charges nothing on the trade itself.
Keeping Your Total Cost at Zero
A few habits that preserve the edge:
- Post Make orders when you have patience. Every fill at your price instead of the market’s is pure savings.
- Fund through Trustly. Free, no card complications.
- Redeem in fewer, larger batches past the $20 minimum rather than dribbling out small redemptions.
- Actually use the promos. With 1x playthrough, Novig’s bonuses are worth close to face value, which is rare.
- Claim the daily login and referral rewards. Free Novig Cash with the same redemption mechanics as everything else.
Bottom Line
Novig’s fee structure is the shortest section of any platform review we write: trades are free, redemptions are free, and the only real cost is the vig you’re no longer paying somewhere else. Against a 4.5% sportsbook hold, that’s the biggest structural pricing advantage available to US sports bettors, and it compounds with every bet you place.
The one open question is what the fee schedule looks like on the regulated exchange this fall. Until that publishes, the current app charges you nothing, and an hour spent learning the Make/Take dynamic pays better than almost anything else you can do with an hour. Sign up HERE.
Disclosures: PredictQ may receive compensation when readers sign up for platforms through links on this page. Fee information accurate as of July 2026 and subject to change, including at Novig’s planned transition to a CFTC-regulated exchange. Sports trading involves substantial risk and is not appropriate for all participants. This content is for informational purposes only and does not constitute financial advice. Must be 21 or older. If you or someone you know has a gambling problem, call 1-800-GAMBLER.