Comparison · updated July 2026

Robinhood Prediction Markets vs Novig

Robinhood Prediction Markets 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.
Robinhood Prediction Markets logo

Robinhood Prediction Markets

4.0/5

Event contracts inside the Robinhood app powered by Kalshi.

Existing Robinhood users CFTC-regulated (via partner)
Novig logo

Novig

4.0/5

Peer-to-peer sports exchange with no vig.

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

Rating

Robinhood Prediction Markets logo

Robinhood Prediction Markets

4.0

Novig logo

Novig

4.0

Best for

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Existing Robinhood users

Novig logo

Novig

Vig-free sports trading

Regulation

Robinhood Prediction Markets logo

Robinhood Prediction Markets

CFTC-regulated (via partner)

Novig logo

Novig

State-by-state (sweepstakes model)

US availability

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Available

Novig logo

Novig

Available

Fees

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Low per-contract fees

Novig logo

Novig

Zero vig, spread-based

Mobile

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Good

Novig logo

Novig

Good

Markets

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Sports, Politics, Economy

Novig logo

Novig

Sports

Payment

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Novig logo

Novig

Founded

Robinhood Prediction Markets logo

Robinhood Prediction Markets

Novig logo

Novig

Verdicts

Who wins, category by category

Best overall

Robinhood Prediction Markets

Higher composite rating across our methodology.

Best for beginners

Robinhood Prediction Markets

Cleaner onboarding and a more polished consumer experience.

Best for regulation

Robinhood Prediction Markets

Operates as a CFTC-designated contract market.

Best for liquidity

Robinhood Prediction Markets

Deepest order books on headline markets.

Best for market variety

Robinhood Prediction Markets

Wider catalogue of available event contracts.

Final take

Should you choose Robinhood Prediction Markets or Novig?

Robinhood Prediction Markets comes out narrowly ahead in our methodology, but both platforms have a clear lane. Choose Robinhood Prediction Markets for existing robinhood users, and Novig for vig-free sports trading.

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.