
Novig Announces New Chief Product Officer
Founding engineer Ari Hirsch promoted to lead product design and engineering following the company's nationwide expansion

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Last reviewed: November 3, 2026
Buying 100 contracts at 50¢ costs $50 on Novig and $52 on FanDuel Predicts. Novig lets users set their own prices and trade directly against other participants. FanDuel Predicts offers a simpler trading experience, with a broader selection of non-sports markets but far fewer states where sports contracts are available. Both platforms let users buy and sell predictions on sporting events, although their approaches to pricing, fees, and trading flexibility differ.
| Comparison | Novig | FanDuel Predicts |
|---|---|---|
Product type | Sports prediction market | Multi-category prediction-market platform |
Who sets prices? | Other traders | Market participants on regulated exchanges |
Price control | User-posted limit orders | Market orders only; no limit orders |
Pregame straight-trade fees | No maker or taker fees | 2¢ per $1 of potential payout |
Live and futures fees | No maker fee; taker fees on live trades and most futures | Transaction fees based on potential payout |
Sports markets | Winners, spreads, totals, player props, and futures | Sports event contracts, player props, and specialty markets |
Parlays and combinations | Parlays and same-game combinations | Customizable sports Combos |
Early exits | Sell eligible straight positions; automatic early payouts on hedged trades | Cash Out on eligible contracts |
Other predictions | Sports only | Economics, finance, crypto, entertainment, and more |
Sports availability | 46 states plus D.C. | 18 states; varies by location |
Minimum age | 21+ | 18+ |
Regulation | CFTC-designated contract market | CFTC-registered intermediary accessing regulated exchanges |
New-user offer | Deposit $10, get $50 in Trade Credits | Trade $1 daily for five days, get up to $100 in Predicts Bonuses |
FanDuel Predicts charges a transaction fee equal to 2¢ per dollar of potential payout. A contract that pays $1 if it wins therefore carries a 2¢ purchase fee, regardless of whether the entry price is 10¢, 50¢, or 90¢. FanDuel shows the fee at checkout, and its own example puts the fee at $2 on a $100 potential payout. Users who sell positions early through Cash Out can incur another fee.
Novig charges no fees on pregame straight trades, whether users accept an existing quote or post their own price. Maker orders are also fee-free across live markets and futures. Taker fees apply to live straight trades and most futures, while parlays have their fees included in the quoted price.
Suppose the same pregame game winner is available at 50¢ per contract on both platforms. You purchase 100 contracts, which pay $100 if the selection wins.
On Novig, the contracts cost $50 without any trading fee. A winning position returns $100, leaving $50 in profit.
FanDuel's 2¢ fee per dollar of potential payout adds $2 to the cost of acquiring the same 100 contracts. The total purchase cost is $52, leaving $48 in profit after a win.
| 100 contracts at 50¢ | Novig | FanDuel Predicts |
|---|---|---|
Contract cost | $50.00 | $50.00 |
Trading fee | $0.00 | $2.00 |
Total cost | $50.00 | $52.00 |
Winning payout | $100.00 | $100.00 |
Net profit | $50.00 | $48.00 |
FanDuel's fee becomes proportionally more expensive on lower-priced contracts. Buying 100 contracts at 10¢ costs $10 before fees, with another $2 in FanDuel charges. That fee represents 20% of the original $10 contract cost, compared with 4% on the $50 example.
Novig's pregame straight trades remain fee-free at both prices. Actual contract prices can still outweigh the savings, so comparing the full purchase cost and potential payout remains important.
Novig lets users accept an existing quote or post a limit order at their preferred price. If a contract is selling for 55¢, you can place an order at 53¢ and wait for another trader to accept it. The order only executes if sufficient opposing liquidity becomes available at that price. Users willing to wait can try to improve their entry price, while those who want immediate execution can accept the best available quote. A limit order isn't guaranteed to fill.
FanDuel Predicts uses a simpler interface. Users choose Yes or No, enter an amount, and review the current market quote before confirming. FanDuel says market orders are currently its only order type, so users can't post an order at their own price.
Novig is available in 46 states plus D.C., excluding Arizona, Nevada, Michigan, and Ohio, for eligible users aged 21 or older. It runs through Ludlow Exchange, a contract market designated by the Commodity Futures Trading Commission (CFTC).
FanDuel Predicts offers sports contracts in 18 states where FanDuel has no online sportsbook, including California, Florida, and Texas. Financial, economic, and commodity contracts are available in all 50 states. The markets users can trade depend on their physical location, with the FanDuel app displaying the applicable experience automatically. FanDuel Predicts generally permits eligible users aged 18 or older, three years below Novig's minimum age of 21. Both platforms require identity and location verification, and availability remains subject to regulatory changes.
Novig covers major American sports through game winners, spreads, totals, player props, futures, and parlays, alongside additional markets for tennis, golf, MMA, and select soccer leagues.
FanDuel Predicts has expanded its sports offering throughout 2026. In June 2026 it added sports, entertainment, and combination contracts listed on OG Prediction Markets, the CFTC-regulated exchange run by Crypto.com. The FanDuel Predicts site now lists player props and Combos of up to eight football predictions. FanDuel also offers predictions on financial markets, economic indicators, cryptocurrency, and other non-sports events.
Both platforms let users combine sports selections, with different pricing methods. Novig parlays return a quoted price with applicable fees included, while FanDuel's Combos allow eligible event contracts to be grouped into a single position.
Novig lets users sell eligible straight positions at current market prices. The amount received depends on available orders, allowing users to close a position for more or less than its original cost. Novig also provides automatic early payouts when offsetting positions establish a guaranteed minimum return. That amount is credited immediately, with any remaining payout settled after the event.
FanDuel Predicts offers Cash Out on eligible contracts. The quoted amount reflects current market pricing and carries a transaction fee of 2¢ per dollar of the position's original potential payout, the same fee charged at purchase. Offers can change or become unavailable when liquidity is limited.
FanDuel combines its sportsbook and prediction products within one app, although they operate under different regulatory structures. FanDuel Sportsbook is state-regulated, while FanDuel Predicts provides access to federally regulated event contracts through FanDuel Prediction Markets, a registered futures commission merchant. The products maintain separate wallets and promotional rules. Sportsbook-specific benefits, including Bet Protect+ and FanDuel Rewards Club offers, shouldn't be assumed to apply to prediction-market trades.
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're non-withdrawable and subject to restrictions on eligible contract prices and credit use.
FanDuel Predicts currently advertises up to $100 in Predicts Bonuses for eligible new customers who place at least $1 in real-money trades on each of five consecutive promotional days. Each qualifying day earns a $20 bonus, with credits issued within 72 hours and expiring 24 hours after receipt. FanDuel's offer has a larger headline value, although users need to trade across multiple days and use each credit quickly. Novig's promotion requires only a qualifying deposit and gives users longer to use their credits.
Novig offers lower trading costs on pregame straight markets, more direct control over entry prices, and wider geographic availability for sports predictions. Its order-book system gives users flexibility to post their own prices, while fee-free pregame trading removes an additional expense from each position.
FanDuel Predicts offers a simpler trading interface, broader non-sports coverage, and integration with the FanDuel app. Its lower age requirement also makes it accessible to some users who don't qualify for Novig.
For users primarily focused on sports, Novig's trading controls and pregame fee structure offer a compelling advantage. Check current markets on Novig to compare available prices and place your own orders.
Novig charges no fees on pregame straight trades or maker orders. FanDuel Predicts charges 2¢ per dollar of potential payout, equal to $2 on a position paying $100 if it wins. Novig charges fees on certain live trades, futures, and parlays, so the cheaper platform depends on the contract price and trade type.
Novig supports user-posted limit orders, allowing traders to choose a preferred price and wait for another participant to accept it. FanDuel Predicts currently offers market orders only, so every order fills at the best available price.
FanDuel Predicts generally limits sports event contracts to states where FanDuel Sportsbook isn't offered. Customers in sportsbook states may have access to FanDuel's traditional sports betting product instead. Novig supports eligible sports trading in 46 states plus D.C., excluding Arizona, Nevada, Michigan, and Ohio.
Yes. Novig lets users sell eligible straight positions at market prices and provides automatic early payouts for certain hedged trades. FanDuel Predicts offers Cash Out on eligible contracts, with transaction fees included in the quoted amount. Availability depends on market conditions and liquidity.
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Founding engineer Ari Hirsch promoted to lead product design and engineering following the company's nationwide expansion

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