Novig Review

Our verdict

Novig is fifth in our Florida ranking. It has been a CFTC-designated exchange since June 16, 2026: a peer-to-peer sports exchange where pre-game straight trades carry no fee. You'll need patience on long-tail markets.

Welcome offer

Deposit $10 Get $50 in Trade Credits! · code MIAPREDICTS

Enter code MIAPREDICTS at sign-up. The offer is not valid in Arizona, Michigan or Nevada.

Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information.

Code: MIAPREDICTS

Novig for Florida traders

• Florida is on the list of states where Novig's MIAPREDICTS offer is valid.
• For Florida sports fans: Dolphins, Buccaneers and Jaguars (NFL), Heat and Magic (NBA), Panthers and Lightning (NHL), Marlins and Rays (MLB), plus Florida, Miami and FSU college football.
• Florida's only licensed online sportsbook is Hard Rock Bet, under the Seminole Tribe compact. Novig is not a sportsbook, so it sits outside that arrangement; see our Florida legality guide for where the 2026 federal court split leaves Florida.
• Florida has no state income tax, so there's no state tax on winnings; federal tax still applies.

Pros

• No fee on pre-game straight trades
• Florida status: Available (as of October 3, 2026)
• Active live markets

Cons

• Smaller user base means thinner books on niche props

Key features

• Pre-game straight trades are free
• Player props, parlays, live trading
• Welcome offer valid in 47 states plus D.C., incl. FL
• Peer-to-peer pricing

How Novig's pricing works

Novig matches you with other traders instead of setting the price itself. Pre-game straight trades are free; live (in-game) trades, futures and parlays carry a taker fee that depends on the price, and orders that rest on the book (maker orders) pay nothing.

Markets

Strong on NFL, NBA, MLB and live in-game player props. Niche markets can be thin — sometimes you'll need to leave a resting order rather than take liquidity.

Florida availability

Novig's status in Florida is Available (as of October 3, 2026). Novig (Ludlow Exchange, LLC) has been a CFTC-designated contract market since June 16, 2026.

State availability

Novig's MIAPREDICTS offer is valid in 47 states plus D.C. (not Arizona, Michigan or Nevada).

View all eligible states

• Alabama
• Alaska
• Arkansas
• California
• Colorado
• Connecticut
• Delaware
• District of Columbia
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

Ready to try Novig?

Deposit $10 Get $50 in Trade Credits! · code MIAPREDICTS

Visit Novig (opens in a new tab) Compare all apps

Sources & references

1. Commodity Futures Trading Commission: Event Contracts (opens in a new tab), CFTC.gov
2. KalshiEX LLC: DCM Registration (opens in a new tab), CFTC.gov
3. Reuters: Kalshi wins court battle to offer election contracts (opens in a new tab)
4. Wall Street Journal: Prediction markets coverage (opens in a new tab)
5. National Council on Problem Gambling — 1-800-GAMBLER (opens in a new tab) — NCPG

External links open in a new tab. We cite primary regulatory and major news sources where possible. Citations to trusted regulators (CFTC, SEC, IRS, NOAA, .gov, .edu) are dofollow; commercial outbound links are not endorsements.