Novig Launches First Prediction Market For Sports Nationally
The First National Prediction Market for Sports is Officially Live
Novig has officially disrupted the traditional betting landscape by launching the first-ever National Prediction Market for Sports. Unlike traditional sportsbooks that take a cut of every bet, Novig’s model focuses on peer-to-peer efficiency and market transparency.
Key Innovations at a Glance:
- Eliminating the "Vig": By operating as a prediction market rather than a house, Novig offers significantly better prices than legacy operators.
- High-Frequency Trading: Built by former Jane Street traders, the platform handles thousands of orders per second.
- National Reach: Designed to scale across the U.S., bringing a Wall Street-grade experience to the casual fan.
The Mathematics of the Edge
The core advantage of a prediction market can be summarized by the relationship between implied probability and market efficiency. In a perfect market, the price ($P$) of a contract should reflect the true probability of the outcome.
Novig’s platform aims to minimize the delta ($\Delta$) between the market price and the fair value, ensuring that users get the most accurate returns on their sports knowledge.
"We aren't just changing where people bet; we are changing how markets value sports outcomes."
Get Started Today
Are you ready to trade the game? Download the Novig app and experience the evolution of sports prediction
