Use the Novig promo code 'COVERS100' to claim the latest offer from one of the newest prediction market sites: Spend $5, Get $50 in Novig Coins. My expert guide outlines the details of the Novig welcome bonus for the 2026 World Cup, and more.
Spend $5, Get $50 in Novig Coins
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DFS App 🏆 |
Welcome bonus 💰 |
Promo code ✅ |
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Spend $5, Get $50 in Novig Coins
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Best Novig promo code: Spend $5, Get $50 in Novig Coins
Novig is one of the best prediction market apps in the U.S., allowing you to sign up and trade custom bets for eight of the top North American sports leagues in 2026. The best Novig promo code right now is COVERS100, which unlocks the Spend $5, Get $50 in Novig Coins welcome offer.
| Novig promo code | Novig welcome bonus | Available states |
|---|---|---|
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All states + DC (except Nevada) |
Novig follows a sweepstakes casino model where you play with on-site virtual currency — Novig Coins and Novig Cash — rather than real money. While Novig Coins have no monetary value, you can redeem Novig Cash for real money prizes. Novig offers a strong selection of great promos to help you secure virtual currencies quickly, which I've outlined below:
I like this version of the offer because it fits Novig’s product better: start small, get a pile of coins, and use them to learn how the market works before pretending you’re the Warren Buffett of Wednesday night MACtion.
The important detail: Novig Coins are for free play and have no real-world value. They let you test the platform, make picks, and get comfortable with Novig’s peer-to-peer trading setup, but they are not redeemable for cash. Novig Cash is the currency tied to sweepstakes play and prize redemptions
💰 How to get bonus Novig Cash?
There are two ways to get the Novig sign-up bonus in June 2026. First is the Novig no-deposit promo, which awards five Novig Cash upon sign-up. Create your account using the Novig promo code 'COVERS100,' finalize your profile, and you will receive the Novig no-deposit bonus automatically.
With the Novig no-deposit bonus in hand, you can also claim 10% off up to $100 on your initial purchase.
COVERS1000 allows you to claim 50% off up to $25.
🎁 Daily login bonus
You can claim the operator's daily login bonus to earn additional Novig Cash in your account. The daily refill bonus starts at 1 Novig Cash after 5 days, 3 Novig Cash after 15 days, and 6 Novig Cash after 25 days.
🏆 Challenge rewards
In addition to daily login bonuses, you can earn additional rewards by completing Novig's various sports-related challenges. For example, you can get 1 Novig Cash when getting five correct NHL predictions and 30 Novig Cash after making 100 accurate selections.
🎖️ Daily specials
Check out the 'Specials' section to secure daily offers. You can also unlock exclusive, unique betting markets for different sports leagues.
📅 Monthly rewards
Novig offers monthly rewards, allowing you to win up to 500 Novig Cash by placing various wagers on different markets.
Novig promo code summary table
| ⏩ Novig promo code | COVERS100 |
| 💰 Novig sign-up bonus | Spend $5, Get $50 in Novig Coins |
| 💵 Minimum deposit | $5 |
| 💵 Minimum trade | $5 |
| 🌎 Eligible states | Available nationwide |
| 💲 Bonus type | First-purchase/Novig Coins offer |
| 📱 Mobile app | iOS and Android |
| ✅ Last verified | June 24, 2026 |
Novig promo code terms and conditions
When using the exclusive Novig promo code, there are several additional factors you should be aware of before claiming one of the best prediction market promos:
You must use the Covers-exclusive Novig promo code COVERS100 during registration, and be at least 21 years old to qualify.
You do not need to make an initial deposit or wager to qualify. The app is free to play, but a purchase is required for the Novig promo code.
After registering your new account on the prediction market platform, you trigger the 'Spend $5, Get $50 in Novig Coins' welcome offer.
Make a minimum deposit of $5 and a minimum trade of $5 to activate the offer.
Novig Coins are non-withdrawable and hold no monetary value. You can exchange Novig Cash for various real money prizes.
The Novig bonus code offer is available nationwide, making it widely accessible.
There is no end date for the offer, and it is currently ongoing.
How to claim the Novig promo code COVERS100
Entering the Novig promo code COVERS100 at sign-up is simple and required to claim the latest welcome bonus. Just follow the steps of the registration that I've outlined below:
Register an account
You can sign up by clicking our link and going to the App Store or Google Play Store to download the Novig app. It's great to have a native platform available, as it streamlines the process and makes it easy to enter your picks. This is a user-friendly platform. Whether you're a beginner or an experienced player, Novig has you covered with all the features you need.
Create and verify your account
Select 'Sign Up' and fill in the required fields. You'll need to provide several pieces of personal information, including your full name, home address, email, and SSN, to complete the sign-up process and verify your account.
Enter Novig promo code COVERS100
Remember to input the Novig promo code 'COVERS100' during registration to qualify for its no-deposit welcome bonus.
Spend $5 to claim $50 in Novig Coins
Use the qualifying first-purchase offer, then start exploring markets without going full galaxy-brain on your first click.
Novig is now a CFTC-designated sports prediction market
Here’s the grown-up update: Novig is no longer just the fun no-vig sports exchange with sweepstakes mechanics. The CFTC lists Ludlow Exchange, LLC as a Designated Contract Market with a designation date of June 16, 2026, and Novig announced that designation as part of its move toward a federally regulated sports prediction market model.
Novig’s own Help Center still says Novig operates as a sweepstakes platform, and its current app-store legal copy still says the sweepstakes are administered by Novig Sweeps, LLC. So the cleanest phrasing is: Novig is a sports-first prediction market brand with an active sweepstakes-style consumer product and a newly CFTC-designated exchange path.
Christian Stringer, Content Editor
Novig Coins vs. Novig Cash
Novig uses two virtual currencies, and they are straightforward to understand:
| Currency | What it does | Redeemable? |
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Novig Coins |
Free-play currency for fun/practice play |
No |
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Novig Cash |
Sweepstakes currency used for prize-eligible play |
Yes, if eligibility and redemption requirements are met |
Novig Coins are for free play only, have no real-world value, and cannot be redeemed for cash. Novig Cash is used for sweepstakes play and can be redeemed for real cash prizes once the user meets eligibility, playthrough, and redemption requirements.
Coins are the practice reps. Cash is where the redemption rules really show up.
How Novig works: peer-to-peer sports trading
Novig works like a sports trading exchange, not a traditional sportsbook. Instead of betting against the house, users trade against other users. That means pricing comes from the market, not from a sportsbook baking in a margin and acting surprised when I notice.
Novig’s own site leans into this hard: peer-to-peer trading, zero trading fees, better odds, live trading, and the ability to set your own odds are all front-and-center features.
Peer-to-peer trading
Novig users trade against real people, not a house-backed sportsbook counterparty. Novig’s Google Play listing describes it as a peer-to-peer prediction market where users can trade on the NFL, NBA, MLB, NHL, NCAA, UFC, and more.
Set your own odds
This deserves a full callout. Novig’s Help Center says users can either use an existing price or create a new one and wait for another user to match it.
Live trading
Novig promotes live trading as a core feature, and its app-store copy highlights real-time trading, hedging, and player props.
No house edge / zero vig
Novig positions itself around zero vig, zero house edge, no commissions, and peer-to-peer pricing. I’d use that language, but I’d be careful to call it trading/pricing language, not a blanket promise that every payment path is cost-identical.
Novig refer-a-friend bonus: Give $25, Get $25
Novig’s referral offer is simple: Give $25, Get $25. Your friend can receive 25 Novig Cash on their first qualifying purchase, and you can receive 25 Novig Cash after that purchase is completed. That is the kind of group-chat math I support.
| Term | Detail |
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Friend reward |
25 Novig Cash |
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Referrer reward |
25 Novig Cash |
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Friend requirement |
New user must register, verify identity, and make a purchase of at least $25. |
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Referrer limit |
Up to 5 referred users |
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Same household referrals |
Not permitted |
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Offer stacking |
First-time customer offers may prevent participation in Refer a Friend |
Novig’s referral terms state that the referred friend must make a qualifying purchase of at least $25, same-household referrals are not permitted, and referrers can receive credit for up to 5 users. Novig’s first-time purchase terms also say that first-time customer offers cannot be combined with the Refer a Friend promotion.
Novig betting markets
After starting with only the NFL and NBA, Novig has expanded to include the following selection of professional and college leagues:
Soccer (including English Premier League, La Liga, Bundesliga, MLS, Serie A, and the 2026 World Cup)
What's great is that the wait is finally over for golf and tennis fans, as Novig launched PGA and ATP/WTA betting options, allowing you to lock in favorable Masters odds as well as other major tournaments. Golf futures, NFL futures, and live parlays are now available. Novig also allows you to wager on women's college basketball, providing access to the top Women's March Madness odds in 2026. Additionally, you can wager on various entertainment and esports markets at Novig.
You can even track historical trading prices with a transparent view into the order book, thereby enhancing market graphs. This is a good way to stay informed on your selections, as you can see how the market has moved. Always keep an eye out for this.
Here are a few of the most popular betting markets you can find at Novig social sportsbook:
Novig moneylines
A moneyline bet is the most straightforward type of sports wager, as you simply choose who you think will win. The odds will show the favorite team with a minus (-) sign and the underdog with a plus (+) sign. For example, if you take the Dallas Cowboys moneyline at +100 odds, you would risk $100 to win $100. This is the easiest bet type that to understand.
Novig point spreads
When betting on the point spread, you need to predict whether the team you’re backing will win or lose by a specific number of points to win your bet. For example, if the Kansas City Chiefs have a -6.5 point spread, they would need to win by at least points for the wager to hit. Their opponent, who would have +6.5 odds, would need to win or lose by six points or less for their point spread bet to win.
Novig Over/Under (totals)
In an Over/Under bet, often referred to as 'totals,' our goal is to determine if the total points scored in the game will be higher or lower than the figure set by the oddsmakers. For example, if you took Over 6.5 goals in Tampa Bay Lightning vs Carolina Hurricanes, you would need both teams to combine for seven or more goals to win your pick.
Novig parlays
A parlay bet lets you combine multiple picks from the same or different games into a single wager. To win, every one of your selections must hit. For example, if you combine the New York Yankees moneyline with the Baltimore Orioles/Boston Red Sox over 8.5, you'll get about 2.5x your payout. Parlays offer better odds because they carry more risk compared to placing separate bets on each line. This means you'll get larger payouts if you win.
Novig props
Novig offers team and player props for the NFL, NBA, NHL, MLB, and major events, such as the Super Bowl. Prop betting lets you make specific predictions about a game without being tied to its outcome. For example, you could bet on which NHL team will score first or how many shots on goal a player will have in a particular game. Player props are a bit easier to win than traditional markets, such as moneylines and point spreads, which tend to be sharper.
Novig odds
What sets Novig apart from traditional books like FanDuel or Caesars Sportsbook is that it is a sports betting exchange platform, allowing you to create and trade the odds you want to wager on. For example, if you like the New England Patriots to upset the Green Bay Packers but don't like the +200 moneyline odds, you can submit your custom line via the 'Make on the Order Slip' option. If you juiced the Patriots line to +300, then the inverse of your odds — Packers -300 — would be sent out to the Novig community. If another player takes the Packers' odds, you will be notified, and your custom bet is officially live. Having this option is a cool feature that separates Novig from other sites. Do not forget that your wager is automatically canceled if no one accepts. You can also trade your custom markets with other players.
Novig fees: zero vig, zero house edge, no commissions
Novig is built for people who see -110 and immediately start shopping like there’s a coupon code hidden in the odds screen. The pitch is simple: Novig is peer-to-peer, so users trade with each other instead of betting into a sportsbook’s house edge. Novig’s site promotes 0% trading fees, zero vig, zero house edge, and no commissions.
That does not mean the payment section should say “everything is free” and move on. Novig’s Help Center says purchase pricing depends on payment method: standard pricing applies to credit/debit cards, Apple Pay, and Google Pay, while discount pricing applies to Aeropay, Trustly, and stablecoins via Coinflow.
Novig promo code comparison
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Novig
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| Welcome bonus | Spend $5, Get $50 in Novig Coins | Bet $10, Get $50 | Play $5, Get $50 in Bonus Entries |
| Promo code | COVERS100 | COVERS | Offer applies automatically |
| Bonus type | First purchase | Deposit match | Bonus funds or entry tokens |
| Bonus form | $50 in Novig Coins | Up to $50 SC + 60,000 FC | $50 bonus |
| Wagering period | N/A | N/A | 60 days |
| Min. deposit | $5 | $10 | $5 |
| Covers BetSmart Bonus Rating | ⭐ 4.4/5 | ⭐ 4.2/5 | ⭐ 4.7/5 |
Latest prediction market news
Novig purchase options
Novig has recently expanded its payment options, so you can now use Apple Pay, Google Pay, popular credit and debit cards (including Visa and Mastercard), and Tablecoin. You can even use Trustly or Aeropay to buy various Novig Coins packages, which include Novig Cash as an add-on. Of course, there are other options to get Novig Cash without making a purchase, including several promotions.
| Method | Deposit | Process Time | Minimum Amount | Fee |
|---|---|---|---|---|
| Trustly | ✅ | Instant | $20 | Free |
| Aeropay | ✅ | Instant | $5 | Free |
| Apply Pay | ✅ | Instant | $10 | Free |
| Google Pay | ✅ | Instant | $20 | Free |
| Credit cards | ✅ | Instant | $20 | Free |
| Debit cards | ✅ | Instant | $20 | Free |
| Stable coin | ✅ | Instant | $20 | Free |
Novig redemptions
Once you get at least 20 Novig Cash from sweepstakes games, you can use the same banking options outlined above to redeem them for various real prizes and cash rewards. The maximum prize redemption is $5,000 per single redemption and $10,000 per day. However, users in Florida and New York have a maximum daily redemption of just $5,000, so keep that in mind.
| Method | Withdrawal | Process Time | Minimum Amount | Fee |
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| Trustly | ✅ | Instant | $20 | Free |
| Aeropay | ✅ | 2-3 business days | $20 | Free |
| Credit cards | ✅ | 2-3 business days | $20 | Free |
| Debit cards | ✅ | 2-3 business days | $20 | Free |
| Venmo | ✅ | Instant | $20 | Free |
Why sign up with Novig?
I recommend signing up with Novig because it's widely accessible across most U.S. states. You'll find a robust selection of betting markets here as well. On top of that, there are several cool features, including a social community where you can share your picks with other sports bettors, making the experience more enjoyable. This social component helps Novig stand out from other betting sites. You also don't want to miss out on the existing promotions because they give you a chance to rack up more winnings through odds boosts and more.
Novig mobile app experience
Novig Sportsbook is a top mobile sports betting app. I love the Novig app because it consistently improves to enhance the overall user experience. In the past few months, I've noticed more betting markets available, engaging new visual elements in its live betting section, and the ability to add funds to your account seamlessly. The app performs well with no technical issues, such as lag or crashes, allowing you to make picks quickly. It's easy to navigate, making it easy to place your bets. All of these are terrific signs to see for an up-and-coming mobile sports betting app like Novig.
Novig bonuses and promotions for existing players
Aside from the generous Novig promo code, the mobile social sportsbook also offers no-deposit and first-deposit welcome offers for new users, and it treats its existing audience with many ongoing promotions. You can earn Novig Cash as you play via special offers like a daily bonus, fun contests, referral bonuses, and mail-in offers. Generally, a purchase bonus is the most lucrative option, but it's always nice to add more Novig Cash through promos like mail-ins and fun contests. These are easy ways to add to your balance. What's great about Novig is that there are always offers available, keeping the experience fresh.
Social community
Novig is one of the country's best social sportsbooks, enabling you to connect with the broader Novig community through the operator's dedicated Discord channel. You can chat with other players about your wagers or the day's hottest sports topics. It's enjoyable to sweat out your bets and discuss options with other users, which gives you a better chance of a successful sports betting venture. What I love, though, is that you can talk to Novig executives directly about areas you'd like to see added, suggestions for the current platform, or general questions. It's great that Novig is crowdsourcing to improve their app. You can also trade wagers with other users when using the desktop version of Novig, which further helps to boost the betting sites' community appeal.
Novig iOS rating
Novig is available on iOS devices (108.1MB) and currently has a strong 4.7/5 rating on the App Store, based on over 2,700 reviews. Having a user-friendly mobile app significantly improves the overall experience, enabling you to make your picks efficiently, whether at home or on the go. In my experience, I haven't encountered any lag or crashes here. It's been a user-friendly platform, most recently upgraded to Version 1.1.195 in June 2026 to address bug fixes and improve performance.
Novig Android rating
The Novig mobile app is now available for Android devices in 2026, with a decent 3.5/5 rating based on 763 reviews on the Google Play Store. It's great that the Novig app functions just as well on Android as on iOS.
User reviews
Read below to see what real Novig users have to say about the online gambling operator:
"I’ve been using Novig, a peer-to-peer sports betting exchange app, for several months now, and overall, it has been a refreshing and innovative experience. Its no-vig model and user-friendly interface make it easy to navigate, while the ability to set or accept odds creates a dynamic marketplace. The app covers a wide range of sports and events, and its transparency and community features, like user ratings, add trust and engagement.”
- App Store reviewer
"This app is great for several reasons. The main thing I like is it strictly only allows single bets on spreads, moneylines and over/unders. The lack of ability to place parlays, prop bets or even teasers rids me of distractions and keeps me betting smart. The lines are also juicier than other books, allowing me to see exactly how much money each side is getting, which is a big factor in my decision-making. The payouts are also faster than most other books.”
- App Store user
Novig customer support
I have personally tested each available Novig customer support channel, evaluating their timeliness and the informativeness of their responses to my various queries. I'm happy to report that I was met with swift and insightful solutions every time. I hope that the online social sportsbook will offer a 24/7 live chat function in the future.
- Live chat: N/A
- Email: support@novig.co
- Phone: 1-(917)-310-4992
- Support languages: English
- X (Twitter): @novig_app
Where is Novig legal?
Since Novig operates under a predictions model, it is now available nationwide. This makes Novig more available across the country than traditional betting sites. Novig makes our lists for Florida sportsbook promos, as well as the sports betting apps Georgia each offers. Additionally, Novig is one of the top sports betting apps that are legal in Texas as of 2026. You can access the Novig promo code offer today if you are in one of the following U.S. states and of legal age for gambling, which is 21:
You'll also find Novig on our list of the best New York prediction markets and Georgia prediction markets.
Recent Novig updates
Keep an eye on this section for the latest Novig news as it comes in:
June 16, 2026: Novig received approval from the CFTC to operate as a federally regulated prediction market, allowing it to expand nationwide under a single regulatory framework.
April 10, 2026: LIV Golf and Novig announce partnership, making Novig the first prediction platform to host a live activation at a professional golf event.
Feb. 18, 2026: Novig received a $75 million funding round in preparation of entering the prediction market industry.
Jan. 26, 2026: Novig seeks Commodity Futures Trading Commission (CFTC) approval to operate prediction markets.
Dec. 5, 2025: Sports prediction market Novig announced that it would pay out voided bets it allegedly took some time to void in the first place, telling users that the exchange operator "got this wrong."
Aug. 19, 2025: New Jersey's dual-currency ban forces Novig to exit the state.
Aug. 12, 2025: Novig raises $18 million to expand sports markets, launch new features, and enhance its peer-to-peer prediction platform.
Sept. 5, 2024: Novig to launch nationally in 42 states across the U.S.
More prediction promo codes
Novig promo code FAQ
Yes, Novig is a legit prediction market platform that is legal in most states, plus D.C.
The Novig promo code is COVERS100. Use it to claim the current Covers welcome offer: Spend $5, Get $50 in Novig Coins.
No. Novig Coins are for free play only, have no real-world value, and cannot be redeemed for cash prizes.
Novig Coins are free-play currency. Novig Cash is used in sweepstakes play and can be redeemed for cash prizes once eligibility and redemption requirements are met.
Yes. Novig positions itself as a sports prediction market and sports trading app, and the CFTC lists Ludlow Exchange, LLC as a designated contract market as of June 16, 2026.
No. Novig’s Help Center says it is a sweepstakes-based sports trading platform, not a sportsbook. Its app listings also position it as a peer-to-peer sports prediction market rather than a traditional betting app.
Yes. Novig lets users place make orders, which means they choose a price and wait for another user to accept the other side.
Yes. Novig’s referral program gives the referred friend 25 Novig Cash on a qualifying first purchase, while the referrer receives 25 Novig Cash after that purchase is completed.
Novig supports credit/debit cards, Apple Pay, Aeropay, Trustly, and stablecoins via Coinflow. Payment pricing differs by method, with standard pricing for cards/Apple Pay/Google Pay and discount pricing for Aeropay, Trustly, and stablecoins.
Use the Novig promo code 'COVERS100' during registration. Once your account has been verified, you will get your Novig promo code bonus of five Novig Cash plus 10% off up to $100.
You can use your Novig promo code in any U.S. jurisdiction where the platform legally operates.
Yes, of course. Once you earn at least 20 NoVig Cash from sweepstakes games, you can redeem it for **real cash payouts like a traditional sportsbook** using the banking options above. Redemptions are capped at $5,000 per transaction and $10,000 per day.
Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.