Novig promo code: how the deposit $10, get $50 offer works

You don't need a promo code for Novig's sign-up offer. New members who deposit $10 get $50 in trade credits, as five $10 credits usable on contracts priced up to 60¢. Credits can't be withdrawn, but winnings from them can, with no playthrough.

You don’t need a Novig promo code. As of October 2026, Novig’s sign-up offer applies automatically to new members: deposit $10 or more and get $50 in trade credits, issued as five $10 credits. The credits work on contracts priced from 1¢ to 60¢, and winnings from them can be withdrawn with no playthrough. We don’t publish codes. Here’s exactly how the offer works, from Novig’s own terms.

How Novig’s deposit $10, get $50 offer works

Novig’s New Member Deposit Program started at 8:00 a.m. ET on October 1, 2026 and runs for a year unless Novig ends it early. Novig is a CFTC-regulated exchange (Ludlow Exchange, LLC), and its terms say the program is filed with the CFTC. The steps:

1. Sign up and verify your identity. You must be 21+ and have never traded on Novig.
2. Link a payment method and deposit $10 or more. A bank transfer is free. Card and Apple Pay deposits carry a 3% fee, per Novig’s pricing page.
3. Receive five $10 trade credits.
4. Use each credit on one trade at a price of 1¢ to 60¢ per contract, within 30 days of it being issued.
5. Withdraw what you win. Novig says proceeds are “withdrawable under Novig’s standard withdrawal procedures,” with no trading-volume requirement.

The rules that matter

• One credit per trade. If your trade uses less than $10, the rest of that credit is forfeited, so size each trade to use the full credit.
• 60¢ price cap. You can’t use a credit on a heavy favourite priced above 60¢.
• 30-day expiry on each credit, counted separately.
• Credits aren’t cash. They’re “non-transferable and non-withdrawable” and can’t be combined with other Novig promotions or used for automated trading.
• Once per person. Novig affiliates, market makers and customers of brokers trading through them are excluded.

What a $10 Novig credit can win

Because Novig contracts pay $1 if they win, where you spend a credit decides how much it can return. Spending a full $10 credit at different prices:

Our take: the credit is worth the same either way, so pick your variance

A contract’s price is the market’s implied probability (see our guide to reading implied probability). A 60¢ contract wins about 60% of the time and pays $16.67. A 10¢ contract wins about 10% of the time and pays $100. At fair prices, each credit is worth about $10 in expected value whichever price you choose. What changes is the spread of outcomes:

The probabilities are the market’s implied odds, not a prediction. Pre-game trades on Novig carry no trading fee, which keeps the maths simple. Live and futures trades have a small taker fee (see our Novig review).

Novig refer-a-friend

From October 15, 2026, existing members can refer friends from the Referral page on Novig’s home screen. Your friend gets the standard $50 new-member credits. You earn five $5 referral credits ($25 per friend, up to five friends), but only after you’ve made at least five trades, risked at least $50 and deposited at least $10 within 30 days of your friend qualifying. Referral credits are stricter than the sign-up credits: they expire after seven days, work only at 1¢–60¢, and their proceeds become withdrawable only once you’ve traded an amount equal to the credit. Self-referrals are disqualified.

Who can claim it

You must be 21 or older, a new member, and physically located where Novig operates. As of October 2026 that’s everywhere in the US except Nevada, Arizona and Michigan. Several states have challenged Novig’s sports contracts, so check our prediction market legality tracker before you deposit.

How Novig’s offer compares

Novig’s $50 is larger than the $25 credits on Polymarket US. It’s also the simplest to cash out, since winnings from Novig’s new-member credits have no playthrough. Kalshi’s bonus varies by offer and must be traded through before withdrawal (see our Kalshi promo code guide).

Visit Novig

18+ (21+ where required). Prediction markets involve risk of loss — only trade what you can afford to lose. Gambling problem? Call or text 1-800-MY-RESET (National Problem Gambling Helpline, 24/7).