Comparison · updated July 2026

PredictIt vs Novig

PredictIt and Novig 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.

PredictIt

3.6/5

Academic political prediction market operating under CFTC no-action relief.

US political markets CFTC no-action

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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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Rating

PredictIt

3.6

Novig

4.0

Best for

PredictIt

US political markets

Novig

Vig-free sports trading

Regulation

PredictIt

CFTC no-action

Novig

State-by-state (sweepstakes model)

US availability

PredictIt

Available

Novig

Available

Fees

PredictIt

Withdrawal + profit fees

Novig

Zero vig, spread-based

Mobile

PredictIt

Good

Novig

Good

Markets

PredictIt

Politics

Novig

Sports

Payment

PredictIt

Novig

Founded

PredictIt

Novig

Category	PredictIt	Novig
Rating	3.6	4.0
Best for	US political markets	Vig-free sports trading
Regulation	CFTC no-action	State-by-state (sweepstakes model)
US availability	Available	Available
Fees	Withdrawal + profit fees	Zero vig, spread-based
Mobile	Good	Good
Markets	Politics	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

PredictIt

Cleaner onboarding and a more polished consumer experience.

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Best for regulation

PredictIt

Operates as a CFTC-designated contract market.

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Best for liquidity

PredictIt

Deepest order books on headline markets.

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Best for market variety

PredictIt

Wider catalogue of available event contracts.

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Final take

Should you choose PredictIt or Novig?

Novig comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose PredictIt for us political markets, and Novig for vig-free sports trading.

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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.