"ProphetX vs Novig: which sports exchange is better?"
Both let you trade sports with other users in real dollars. States, age and costs are the big differences.
Short answer: Both are now CFTC-regulated sports exchanges that trade in real dollars. Novig dropped its sweepstakes model and relaunched as a regulated exchange on 4 August 2026. ProphetX is available in most states and suits most people. Novig suits price-focused fans aged 21+ who like posting their own price; it was reported live in 47 states plus DC, including California, but not Nevada, Arizona or Michigan (checked 27 September 2026).
| ProphetX | Novig | |
|---|---|---|
| Model | CFTC-licensed exchange | CFTC-regulated exchange (Ludlow Exchange, since August 2026) |
| Money | US dollars | US dollars |
| States (checked 27 September 2026) | Most states | 47 + DC; not Nevada, Arizona, Michigan |
| Minimum age | Check the app | 21 |
| Offer | Trade $50, earn $75 | Deposit $10, get $25 in trade credits |
ProphetX offer, checked 27 September 2026
Trade $50, earn $75
Promo code: WINPREDICTS
New ProphetX traders, 21+. Deposit and trade $50 to unlock the $75 trading bonus. Eligibility and limits vary by state. Terms apply.
Novig offer, checked 27 September 2026
Deposit $10, get $25 in trade credits
Promo code: WINPREDICTS
New users only. Restrictions & requirements apply. Not available in all states. 21+. Event contract trading involves risk & is not appropriate for all. Consider if it's appropriate for you in light of financial circumstances. See novig.com/terms for information. Terms apply.
Frequently asked questions
Which is better for beginners, ProphetX or Novig?
Both work in a similar way now. ProphetX is the easier default for most people; Novig's focus on posting your own price suits more experienced, price-aware fans. See our ProphetX review and Novig review.
Is Novig still a sweepstakes app?
No. Novig retired Novig Coins and Novig Cash and relaunched on 4 August 2026 as a CFTC-regulated exchange.