Comparison · updated July 2026

Novig vs ProphetX

Novig and ProphetX are two of the most discussed prediction market platforms in the US. Here's a side-by-side look at how they compare on the factors that actually matter for traders.

Editorial disclosure. HunchMarkets may earn a commission when readers sign up via our links. Our rankings, ratings and methodology are decided independently of commercial relationships.

Novig

4.0/5

Peer-to-peer sports exchange with no vig.

Vig-free sports trading State-by-state (sweepstakes model)

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ProphetX

3.9/5

Peer-to-peer sports betting exchange.

Exchange-style sports bettors State-by-state

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Rating

Novig

4.0

ProphetX

3.9

Best for

Novig

Vig-free sports trading

ProphetX

Exchange-style sports bettors

Regulation

Novig

State-by-state (sweepstakes model)

ProphetX

State-by-state

US availability

Novig

Available

ProphetX

Available

Fees

Novig

Zero vig, spread-based

ProphetX

1–2% commission

Mobile

Novig

Good

ProphetX

Good

Markets

Novig

Sports

ProphetX

Sports

Payment

Novig

ProphetX

Founded

Novig

ProphetX

Category	Novig	ProphetX
Rating	4.0	3.9
Best for	Vig-free sports trading	Exchange-style sports bettors
Regulation	State-by-state (sweepstakes model)	State-by-state
US availability	Available	Available
Fees	Zero vig, spread-based	1–2% commission
Mobile	Good	Good
Markets	Sports	Sports
Payment
Founded

Verdicts

Who wins, category by category

Best overall

Novig

Higher composite rating across our methodology.

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Best for beginners

Novig

Cleaner onboarding and a more polished consumer experience.

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Best for regulation

ProphetX

Operates as a CFTC-designated contract market.

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Best for liquidity

Novig

Deepest order books on headline markets.

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Best for market variety

Novig

Wider catalogue of available event contracts.

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Final take

Should you choose Novig or ProphetX?

Novig comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose Novig for vig-free sports trading, and ProphetX for exchange-style sports bettors.

Visit Novig Visit ProphetX

Risk warning. Event contracts are financial instruments. You can lose your full premium. Trade only where legally permitted in your jurisdiction. This is not investment, legal or tax advice.