Novig Promo Code: GRINDERS for $25

by Dave Consolazio (dconsolazio) Last Updated 2026-09-16T13:56:05
✅ Fact checked by Stephen Pierce

Updated on 9/22/26

Novig

Deposit $10, Get $25 in Trade Credits!

Bonus Code

GRINDERS

Claim Now!

Restrictions & requirements apply. Not available in all jurisdictions; void where prohibited. Must be 21+ to participate. Limit of one offer per user. 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.

New users can claim the Novig promo code GRINDERS to get the welcome bonus: Deposit $10, Get $25 in Trade Credits!

Novig runs as a peer-to-peer exchange rather than a traditional sportsbook. That means that instead of taking a fixed line, you can accept a price another user has posted or set your own and wait for someone to match it. It aso operates through Ludlow Exchange LLC, a CFTC-designated contract market, and focuses on sports event contracts settled in U.S. dollars.

Novig Promo Code Quick Facts

My Experience with the Novig Promo Code GRINDERS

Here’s what happened when we signed up with Novig promo code GRINDERS and tested the platform.

Verification took about five minutes from start to finish. We deposited $10 with Apple Pay, and the payment posted immediately. The $25 welcome offer then appeared as five separate $5 Trade Credits rather than one $25 credit.

Remember: according to Novig’s terms, you can use no more than one Trade Credit on a single trade, so the five credits cannot be combined to create one bigget $25 position.

On the other hand, on August 18, we placed a $15 position on the Dodgers to beat the Rockies at 60%. The order filled immediately. At the time, the market showed a 58% bid and 60% ask, a two-point spread with enough available liquidity to fill our order without waiting around. Los Angeles won 7-6, and the position settled at full value.

Novig also has a Points program, but Points aren’t handed out on every trade. Eligible activity currently includes qualifying parlays, filled Make orders, Daily Drop Challenges, and Monthly Challenges. If you plan to chase Points alongside the welcome offer, check the Points tab first since the qualifying activities and monthly rewards can change.

How to Sign Up with Novig Promo Code GRINDERS

1. Open Novig through the app or its website.
2. Create an account using your legal information and complete the requested identity checks.
3. Enter promo code GRINDERS in the promo field during registration.
4. Complete Novig’s location verification.
5. Make a qualifying first deposit of at least $10.
6. Check your account for the five $5 Trade Credits included with the current welcome offer.

The current $25 welcome bonus arrives as five separate $5 Trade Credits. You can use no more than one credit on a single qualifying trade, and the eligible contract price must be between 1¢ and 60¢. If you use less than the full $5 credit on a trade, the unused portion is forfeited. Each credit expires 30 calendar days after it’s issued.

Keep in mind the Trade Credits themselves cannot be withdrawn as cash. They must first be used in an eligible trade. After that trade settles, any proceeds generated from it are converted into regular funds in your Novig account. Those regular funds can then be withdrawn, subject to Novig’s standard withdrawal rules.

How to Use Your Novig Welcome Bonus

Think of the five credits as five separate decisions. If you put a $5 credit on a $3 trade, you don’t keep the remaining $2 for later, so check the size before you confirm.

Price matters just as much. Look at the contract price and the amount available at that price rather than choosing a market just because kickoff or first pitch is getting close. Using a credit on a number you’d otherwise pass on defeats the point.

Novig vs. a Traditional Sportsbook

Novig’s fee schedule is more specific than a blanket “no commission” claim. Pregame straight trades placed through the app or website are fee-free for makers and takers, and maker fills are fee-free. Live straight taker orders can carry a transaction fee, as can parlays.

For live straight taker trades, the fee is calculated as 0.03 × P × (1 – P) per contract, where P is the contract price in dollars. App and web parlays use a 0.10 × P × (1 – P) calculation per contract, with the fee included in the quoted price.

For prediction markets that go beyond sports, see our guide to the best prediction market apps.

How Does the Novig App Work?

Novig lets users trade against one another rather than accept a house-set line. You can take a price already on the board or post your own. An order fills only when another user or Novig’s market maker takes the other side.

That makes market activity part of the decision. Treat the displayed price and the size available at that price as a pair — a good number with little behind it may be worth less than a slightly worse number you can actually fill. On quiet weekday markets, an unfilled order can tie up your balance until you cancel it.

Novig is now in the same category as Kalshi and Polymarket; a real-money, CFTC-regulated prediction market, but with one difference: Novig focuses exclusively on sports contracts, while those platforms also cover politics, economics, and culture.

How Novig’s Event Contracts Work

Novig runs on U.S. dollars; there are no virtual currencies. Every market is a binary sports event contract: you buy the side you believe in at a price set by other users’ orders.

Winning contracts settle at full value, losing contracts at zero, and you can sell out of a position before settlement if the market moves your way. Because trades match peer-to-peer, there’s no built-in house margin.

Novig’s CFTC Status and State Availability

Ludlow Exchange LLC, Novig’s exchange entity, became a CFTC-designated contract market on June 16, 2026. That designation puts the exchange under federal CFTC oversight.

Novig currently makes its platform available throughout the U.S. except Arizona, Michigan, and Nevada. Users must be at least 21, and eligibility depends on where you’re physically located when you trade. State-level disputes over sports event contracts are still active, so availability can change. Check that Novig is accessible where you are before funding or trading, especially when traveling.

In another news, Novig raised a $75 million Series B in February 2026 led by Pantera Capital, taking its reported total funding above $105 million. On July 30, Novig also announced a multi-year agreement to become the New York Mets’ exclusive official prediction market partner, the first partnership of its kind between a prediction market and an MLB club.

🚨 Novig & Sydney Sweeney: The “Just Sports” Partnership

On September 9, 2026, Novig launched its first national ad campaign, “Just Sports,” starring actress Sydney Sweeney. Sweeney officially joined Novig as a strategic equity partner and helped shape the creative direction of the ads.

The provocative campaign was designed to emphasize that Novig focuses strictly on sports outcomes rather than political or world events. While the ads sparked widespread debate on social media, they succeeded in driving massive brand awareness for the platform right as the NFL season kicked off.

Novig Promotions and Rewards

Novig’s rewards program includes Novig Points and its “Give $25, Get $25” referral program. After joining the Points program, eligible activity such as qualifying parlays, filled Make orders, and designated challenges can earn points toward monthly status tiers and rewards.

The referral rules have a few requirements on both sides. Before referring someone, an existing user must have completed at least five trades, risked at least $50 across those trades, and deposited at least $10. The new user, on the other hand, must sign up through the referral link, verify the account, link a payment method, and make a qualifying deposit of at least $10.

The referred user can receive $25 in new-member Trade Credits, while the referrer receives a separate $25 Referral Credit. Referral rewards are capped at five successful referrals.

The referrer’s credit also follows different rules from the new-user welcome offer. It expires seven calendar days after issuance, and proceeds from a trade made with that credit don’t become withdrawable until the referrer completes another $25 in trading after the credit is issued.

Lastly, Novig Points work on a monthly cycle. Your monthly points total determines your tier, with rewards tied to the level you reach. The qualifying activities, challenges, and reward pool can change, so check the Points and Rewards areas in your account before trading specifically to qualify for available rewards.

How to Use the Novig Promo This Week

With NFL Week 2 here, a loaded College Football Week 3 slate, and MLB postseason races heating up down the homestretch, the sports calendar is packed with fun markets.

Check the Novig board for active contracts, but remember that a prime-time TV slot doesn’t automatically mean a good price. Look for tight spreads and high liquidity before placing your order, and verify which markets are available in your state.

Here are a few confirmed events on the U.S. calendar this week:

Novig Markets

Novig’s straight-trade markets include moneylines, point spreads, totals, player props, and futures. You can also trade parlays that combine multiple selections into one contract.

Availability varies by sport and event. For straight trades, you can take an available price or post a Make order and wait for another trader, or Novig’s liquidity provider where applicable, to fill it.

If you want another way to play, think about signing up at the best DFS apps if available in your state.

RotoGrinders’ Novig App Review

Novig is available on iOS, Android, and the web. The browser version gives you more room to watch a few markets rather than one, while the mobile app works better when you’re focused on one or two orders at a time.

The bigger limitation is market depth. Prime-time games and major events may have enough activity for orders to fill quickly, while lower-profile markets can sit for longer, leaving part of your balance committed until you cancel the order or someone takes the other side.

Novig Deposits and Withdrawals Methods

Available payment methods can vary by account and location. Novig shows the applicable fee before you confirm a deposit.

Withdrawal availability and timing can depend on the method used and account review. Some withdrawal requests may be sent for manual review, so check the withdrawal screen for the options and status attached to your account.

Responsible Trading at Novig

Novig offers daily, weekly, and monthly deposit and trading limits under Account > Trading Limits. You can also set a timeout for 1 day, 3 days, 7 days, 1 month, 3 months, or 6 months. Permanent account closure is available through support.

Set limits before a bad run, not in the middle of one. If trading starts affecting your finances, sleep, work, or relationships, stop and get support. The National Problem Gambling Helpline is free and confidential, 24/7, at 1-800-GAMBLER.

For more information, read our responsible trading guide.

Novig Customer Support

In-app Live Chat is the main support route for account, payment, promotion, and market questions. The Help Center also covers account access, location eligibility, deposits, withdrawals, promotions, trading limits, and market settlement.

If you’re reporting a payment or settlement issue, have the transaction or order details and screenshots ready. That gives support something concrete to work from.

Novig Promo Code FAQs

Novig changed models twice in two years, so a few things come up often.

Is there a Novig promo code?

Yes. New users can enter Novig promo code GRINDERS during the sign-up process to Deposit $10, Get $25 in Trade Credits!

How does Novig work?

Novig is a CFTC-regulated prediction market where users trade sports event contracts against each other rather than a house. You can accept a price another user has posted or set your own and wait for a match, so prices reflect real supply and demand.

Does Novig offer sports betting?

No. Novig operates as a CFTC-regulated sports event-contract exchange through Ludlow Exchange LLC, not a traditional sportsbook. Users trade contracts at exchange prices, with no standard sportsbook vig. Some live taker trades and parlays may include fees.

Where is Novig legal?

Novig is currently available throughout the U.S. except Arizona, Michigan, and Nevada. Eligibility depends on your physical location when trading, and availability may change as state rules and litigation develop, so check Novig’s current requirements before depositing.

Can I withdraw my funds?

Yes. You can withdraw cash balances and eligible settled proceeds under Novig’s standard procedures. Keep in mind welcome Trade Credits cannot be withdrawn directly. However, proceeds from qualifying trades made with them can be withdrawn after settlement without an extra playthrough requirement.

Is the Novig app legit?

Yes. Novig operates as a Designated Contract Market approved by the CFTC on June 16, 2026 (via Ludlow Exchange LLC), placing it under federal oversight alongside exchanges like Polymarket and Kalshi.

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