Novig vs DraftKings Predictions: Fees and Sports Markets Compared (2026)

Last reviewed: November 3, 2026

The same $50 pregame sports position can cost $52 on DraftKings Predictions and $50 on Novig. Both platforms let users trade sports event contracts, although DraftKings charges transaction fees while Novig offers fee-free pregame straight trades. Novig also supports sports trading in 46 states plus D.C., compared with 18 for DraftKings Predictions.

Novig vs DraftKings Predictions at a glance

This article compares Novig with DraftKings Predictions, the company's event-contract platform. DraftKings Sportsbook is a separate product with different odds, regulations, and promotions.

How Novig and DraftKings Predictions compare

Novig charges no fees on pregame straight trades

DraftKings Predictions charges transaction fees based on the number and price of contracts traded. On its DKeX and CDNA markets, contracts priced between 30¢ and 94¢ carry a fee of 2¢ per contract. Lower-priced contracts have smaller fees, with a separate schedule for contracts priced near $1. DraftKings also offers contracts through CME markets, which follow a simpler fee schedule ranging from 1¢ to 2¢ per contract. Fees apply when buying or selling, so traders who exit positions early can incur another charge.

Novig charges no fees on pregame straight trades, whether you accept an existing price or post your own order. Maker fills remain fee-free on live markets and futures, while taker fees apply to live trades and most futures. Parlay fees are included in the displayed quote.

What does a $50 position pay on Novig vs DraftKings Predictions?

Suppose the same pregame game winner is available at 50¢ per contract on both platforms. You purchase 100 contracts, which settle for $100 if the selection wins.

On Novig, the purchase costs $50 without any trading fees. A winning position returns $100, leaving $50 in profit.

On DraftKings Predictions, 100 contracts at 50¢ carry a $2 transaction fee under its DKeX/CDNA schedule. The total purchase cost rises to $52, reducing the profit on a winning position to $48.

The DraftKings fee depends on contract price. At 10¢, for example, purchasing 100 contracts on a DKeX/CDNA market incurs approximately $0.70 in fees, compared with $2 at 50¢. Novig charges no pregame straight-trade fee at either price.

At identical prices, Novig preserves the full return. Actual market prices can still outweigh the fee difference. A lower contract price on DraftKings could offer better value after fees, so comparing the complete purchase cost and potential payout remains important.

Novig offers sports contracts in more states

Novig is available in 46 states plus D.C., excluding Arizona, Nevada, Michigan, and Ohio, for eligible users aged 21 or older. It operates through Ludlow Exchange, a contract market designated by the Commodity Futures Trading Commission (CFTC).

DraftKings Predictions also offers federally regulated event contracts, including through its own DKeX exchange. Its geographic restrictions depend on the category of contract being traded. DraftKings Predictions currently offers sports contracts in 18 states, including California, Florida, Georgia, Minnesota, Texas, and Utah. Customers in many other states can access financial or other non-sports contracts without being eligible to trade sports outcomes.

For example, eligible users in New York and Pennsylvania can trade sports contracts on Novig, while DraftKings Predictions currently restricts sports markets in those states. DraftKings Sportsbook operates separately and has its own state-specific eligibility rules.

Trading controls and early exits

Novig lets users accept an available quote or post a limit order at a preferred price. If a contract is offered at 55¢, for example, you can place an order at 53¢ and wait for another trader to fill it. The order only executes if someone accepts that price. Novig also provides automatic early payouts when offsetting positions establish a guaranteed minimum return. The guaranteed proceeds are credited immediately, with any remaining payout settled after the event.

DraftKings Predictions uses a simpler trading interface. Users choose Yes or No on an event, buy contracts at the quoted price, and manage their positions through the DraftKings app. The available controls depend on the market. DraftKings Predictions follows its own contract settlement rules. Features from DraftKings Sportsbook, including its Early Exit injury protection for eligible player props, don't carry over to Predictions contracts.

Both platforms allow eligible contracts to be sold before settlement. The amount received depends on current market prices and available liquidity, so an early sale can produce a profit or loss.

Sports markets, Combos, and other predictions

Novig focuses on sports, covering game winners, spreads, totals, player props, futures, and parlays across major American leagues, alongside tennis, golf, MMA, and select soccer leagues.

DraftKings Predictions covers many of the same sports outcomes. Its June 2026 expansion introduced additional MLB player and futures contracts, broader NBA and NHL selections, and specialized markets like No Runs First Inning in baseball. DraftKings also offers financial, cryptocurrency, and other event contracts outside sports, so its overall catalog is wider.

Both platforms support combinations of sports selections. Novig parlays return a quoted price based on available liquidity, with applicable fees included. Every leg must win for the parlay to pay out. DraftKings Sports Combos allow multiple event contracts to be bundled into one position. Prices and available combinations depend on the underlying markets and exchange rules.

Novig currently doesn't allow parlays to be sold before settlement, while its eligible straight positions can be traded out of early. Users comparing combination prices should consider the total cost and potential payout of the same selections.

New-user promotions and account requirements

Novig currently offers $50 in Trade Credits after a qualifying deposit of $10 or more, without requiring a trade first. The credits are issued in five $10 increments, each expiring after 30 days. They are non-withdrawable and subject to restrictions on eligible contract prices and credit use.

DraftKings Predictions advertises up to $200 in Predictions Dollars for eligible new DraftKings customers who complete a first qualifying trade of at least $5. The reward is distributed in four $50 installments over 21 days, with the later installments requiring users to claim them during seven-day windows. DraftKings' offer is larger, although eligibility extends across its products. Customers who have already traded, wagered, or played on other DraftKings platforms may not qualify as new customers. Predictions Dollars are non-withdrawable, expire after one year, and follow separate promotional rules.

Novig's promotion has a smaller headline value and a simpler qualifying requirement, while DraftKings offers more promotional credits to eligible users willing to complete the required trade and claim schedule.

Which is better: Novig or DraftKings Predictions?

Novig offers a strong advantage for sports traders who want to minimize transaction costs. Its fee-free pregame straight trades, user-posted orders, and availability across 46 states plus D.C. make it accessible to more sports-focused traders without the additional transaction fees charged by DraftKings Predictions.

DraftKings Predictions offers a broader catalog of non-sports markets, Combos, and integration with the company's existing sports platform. Its larger new-user promotion may also appeal to eligible customers.

For users focused on individual sports markets, Novig's lower pregame trading costs and wider sports availability make it a compelling choice. Compare current contract prices on Novig to find the best available entry for your next position.

Novig vs DraftKings Predictions FAQ

Is Novig cheaper than DraftKings Predictions?

Novig charges no fees on pregame straight trades or maker orders. DraftKings Predictions charges price-tiered transaction fees, including 2¢ per contract on DKeX/CDNA markets priced between 30¢ and 94¢. Novig charges fees on certain live trades, futures, and parlays, so overall value depends on the market and execution price.

Is DraftKings Predictions the same as DraftKings Sportsbook?

No. DraftKings Predictions offers federally regulated event contracts, with prices determined by trading activity on exchanges. DraftKings Sportsbook is a traditional sportsbook with house-set odds and state gaming licenses. Their availability, fees, promotions, and settlement rules are different.

Can you sell contracts early on Novig and DraftKings Predictions?

Yes. Both platforms allow eligible contracts to be sold before settlement, with proceeds depending on market prices and available liquidity. Novig also offers automatic early payouts for certain hedged positions. Its parlays currently cannot be sold early.

Does DraftKings Predictions charge fees when you sell contracts?

Yes. DraftKings Predictions applies transaction fees to purchases and sales under the relevant exchange schedule. Selling an eligible position before settlement can generate an additional trading fee. Novig charges no fees on pregame straight trades or maker fills, with separate taker fees for certain other markets.

Sources

1. Novig: Fees on Novig
2. Novig: Make Orders vs. Take Orders
3. Novig: Straight Trades vs. Parlays
4. Novig: Early Payouts
5. Novig: How Selling a Position Works
6. Novig: Eligibility & Legality
7. Novig: New Member Deposit Program Terms
8. DraftKings Predictions: Official Fee Disclosure
9. DraftKings Predictions: How to Trade and Market Availability
10. DraftKings Predictions: Rules and Settlements
11. DraftKings: DKeX Launch and Product Expansion, June 2026
12. DraftKings: Is Early Exit Available on Predictions?
13. Sports Illustrated: DraftKings Predictions Promotion and State Eligibility, October 2026
14. Action Network: DraftKings Predictions Welcome Offer