Novig’s current model
Novig’s September 2 market-rules notice says contracts replaced its previous market rules following its transition to a designated contract market. Its current help center also says Novig Coins and Novig Cash are retired and balances now use USD.
The CFTC’s record lists Ludlow Exchange, LLC as Designated on June 16, 2026. The associated DCM application lists Novig’s website for its holding company. Registration does not guarantee a profitable position or a buyer for an early exit.
Compare execution with research
Novig is where an eligible participant handles the actual contract and order. Alphascope can support research using other prediction-market odds, forecasts and news. It does not connect to Novig accounts, quote Novig orders or provide Novig market-depth data.
A similar sports question on another venue can have different participant, overtime, cancellation or settlement conditions. Preserve the exact rules before comparing prices.
Check current access and contract terms
Novig’s current eligibility page lists physical-location restrictions in Arizona, Nevada and Michigan, along with age and verification requirements. Recheck the current policy when traveling. A platform availability list is not a determination of every legal question.
The specific contract series determines settlement. Read the current Contracts directory rather than assuming older sweepstakes or sportsbook void rules still apply.
- Confirm the selected outcome and exact contract question.
- Check the available quote and quantity before calculating costs.
- Record applicable fees separately from price.
- Check the current account offer rather than relying on an old bonus snippet.
Start with the general Novig guide
For price and payout arithmetic, the retirement of virtual currencies, and a step-by-step review workflow, read What is Novig? The guide uses an explicitly hypothetical example rather than claiming a hands-on trading test.
novig FAQ
Does Novig still use Coins and Cash?
Its current help page says both currencies are retired and the product uses real-money accounts with USD balances. Older descriptions may refer to the previous product.
Is Novig a prediction market?
Its current product offers sports event contracts. The CFTC lists Ludlow Exchange as designated on June 16, 2026, and its application links to Novig’s holding-company website.
Can Alphascope access my Novig account?
No. Alphascope does not access Novig funds, orders or accounts. Use the venue for execution and its official account records.
Before you use this novig guide
A good prediction market guide should help you make a more precise decision, not just explain the headline. Before trading, convert the market price into an implied probability, read the resolution criteria, and compare the contract with nearby markets. If your thesis depends on a news catalyst, check whether that catalyst directly affects settlement or only changes short-term sentiment.
The same checklist applies across Bitcoin, elections, sports, and other event contracts. A trade can look attractive because the payout is large, but payout alone does not create edge. Edge comes from a better probability estimate than the current price, plus enough liquidity to enter without giving away the advantage through spread and slippage.
Checklist for applying the guide to a live market
First, confirm that the market title and resolution source match the event you intend to trade. Second, compare the live price with your own estimate and write down the difference in percentage points. Third, check liquidity and maximum loss before sizing the position. Fourth, review related markets to see whether the same information has already been priced elsewhere. Fifth, decide what evidence would make you exit or update the thesis.
Alphascope supports that workflow through the odds board, AI predictions, and news impact pages. Use this guide as the educational layer, then use the live pages to check whether the current market still matches the setup described here.
How to know whether the setup is still current
A guide can explain the structure of a market, but the live price decides whether the setup is still actionable. Check when the market last moved, whether new information has arrived since the guide was written, and whether the strongest catalyst has already been priced in. If the market has moved far in the direction of the thesis, the remaining return may be too small for the risk.
If the market has not moved despite relevant news, review the resolution criteria before assuming traders missed the story. The market may be ignoring the news because it does not affect settlement. The best use of any guide is to understand the mechanics, then verify the current contract and price before making a decision.
Record the evidence behind the decision
Before placing a trade, write down the current price, your estimated probability, the settlement source, and the specific evidence that creates the difference. This makes the thesis testable. If the price changes or new information arrives, you can update the estimate instead of relying on memory or reacting to the latest headline.
Recheck the same evidence after the market moves. A profitable move does not prove the original reasoning was sound, and a losing move does not automatically make it wrong. What matters is whether the contract, evidence, liquidity, and risk still support the probability you assigned. Keeping that short record turns this guide into a repeatable research process rather than a one-time market opinion.
