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My First-Hand Experience Using Novig Promo Code DIME

Drew Ellis

By Drew Ellis in Sports Betting News

Published:


Novig promo code

There’s been a lot of buzz about Novig lately as an emerging prediction market, so I decided to check it out for myself and utilize the Novig promo code DIME.

As a frequent online sports bettor, I was curious just how easy it would be to use one of the top prediction market apps like Novig, and if it would be an enjoyable experience.

Good news, it was. And, it was easy to take advantage of the Novig promo code offer to get my experience off to a great start.

NOVIG PREDICTION
MARKET

Deposit $10 & Get $25 in Trade Credits!

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.
SIGN UP
CODE: DIME
CODE: DIME
SIGNUP OFFER
DEPOSIT $10
GET $25

IN TRADE CREDITS

TRADE NOW

What is Novig Prediction Market?

In case you aren’t familiar with Novig, it is a legal prediction market available in most of the United States through approval from the Commodity Futures Trading Commission (CFTC). Overall, there are more than 40 Novig legal states.

Unlike other prediction market apps, Novig focuses solely on sports contracts, so you won’t have to dig much to find the sporting events you want to trade on.

Instead of making a “wager” like you would in online sports betting, you are choosing a Yes or No option over a given sporting event market, purchasing contracts based on the probability of the outcome you chose.

Prices range from $0.01 to $0.99 per contract based on the matching probability percentage. With the end of each outcome, winning contracts will receive $1 for each one possessed. Losing contracts receive $0. So, if you purchase a contract with low probability, like 13% ($0.13 per contract), a winning outcome provides an additional $0.87 per contract held.

On top of purchasing single contracts, Novig allows you to stack contracts together in a Combo, which acts similar to a parlay when using online sportsbooks.

Signing Up for Novig Bonus Code Dime

First things first, getting signed up for a Novig account and receiving the Novig bonus code DIME offer was pretty simple.

Here’s the steps I took.

  • First, I downloaded the Novig app. It is available for both iOS and Android devices. I own an iPhone so I downloaded the app through the Apple App store.
  • Novig asked for an email address to register my account. I provided one and was then offered to create a passkey through the app as opposed to setting up a password. You have the option to do either. I choose the passkey.
  • I was then asked to review their terms & conditions, which include the Ludlow Exchange Rulebook, Ludlow Exchange Member Agreement, Ludlow Exchange Privacy Policy, and Bitnomial Clearinghouse Acknowledgement.
  • It was here that Novig asked for a promo code to use. This is where I entered DIME and Novig validated the authenticity of the code.
  • I provided my date of birth and phone number and then confirmed my address and identity.
  • Once registered, Novig provided the option for me to choose my favorite sports leagues and teams to customize my experience toward seeing those options first.
  • I then made my first deposit with Novig, using Apple Pay, but I also had the option to set up my bank account or use a debit or credit card.
  • Once depositing the $10, I received the $25 in trade credits, in five different $5 credits.

What’s the Best Part of the Novig App?

With Novig, there’s no heavy lifting to get into sports trading. That’s because that is all the app offers. You don’t need to be inundated by markets for politics, culture, or anything else. Immediately the featured games for the day were presented to me.

Being partial to the NFL, I started sorting through the football markets to find a contract that I felt good about. There were the standard options for sorting through point spreads, totals, outright winners, game props, and player props.

But, Novig also provided some suggested parlay options that easily spelled out stacking together a combo. This was helpful being new to the platform, as they made it easy to understand how combo contracts work.

Novig Parlay example

Novig Strengths:

  • Easy sign-up
  • Passkey sign-in option
  • Promo Code DIME bonus of $25
  • Sports-only platform
  • Hundreds of markets/contracts per game
  • Preset parlay/combo options

What’s the Worst Part of the Novig App

There’s not many complaints I have about Novig.

Even the one complaint that I do have, it is still better than most prediction market options, especially NFL prediction markets.

One complaint is the fees for making a deposit with Apple Pay or a debit/credit card. The fee is a minimal 3%, but it’s still something to think about when adding to your account. However, I do understand the app has to still bring in revenue in its own ways and I can handle a little 3% free when you consider there literally is “no vig” when purchasing contracts, compared to the juice the house charges at an online sportsbook.

Making the Most of the Novig Promo Code DIME

With our exclusive Novig promo code offer, you will get 5, $5 trading credits once you deposit $10 or more into your new account.

These five, $5 credits can only be used on contracts with a price listing between $0.01 and $0.60 per contract. That means each option will have to have anywhere from 1-60% probability. You can’t use the bonus credits on slam dunk options to earn a little extra cash.

Still, 60% is good probability, so hover closer to the edge with most of your credits. Do a little research and find some matchups or props in Week 2 of the NFL season that work in your favor.

Then, maybe take one of the five bonus credits to swing a little more for the fences and take on a contract with lower probability that you feel good about. As we know, every week in the NFL features some big upsets.

That’s why trying out the Novig bonus code DIME is worth it. It’s a low requirement on your end for the chance to build up a nice bankroll.

Drew Ellis

Drew Ellis has decades of experience in media covering sports, gambling and general news. He has provided news coverage for online and retail casino developments across the US and around the globe.

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