Novig promo code 2026: CPM (deposit $10, get $25)

Published 2026-09-29 · Last reviewed 2026-09-29

Catie Di StefanoFounder & Editor-in-Chief

Reviewed by Catie Di Stefano

TL;DR

Novig promo code CPM: deposit $10, get $25 in trade credits.
New users only, 21+, in 47 states plus D.C.; not in Arizona, Michigan or Nevada.
Novig is peer-to-peer: you trade against other users, not a house line.

New to this? Read this first

Prediction markets price events in cents, not odds. Here is the vocabulary used on this page, in plain English.

Price = probability: A contract that pays $1 trading at 12¢ means the market thinks there's a 12% chance.
YES / NO share: YES pays $1 if it happens. NO pays $1 if it doesn't. You can never lose more than you paid.
Implied chance: Just the price read as a percentage. A contract at 14¢ implies a 14% chance.
Vig: A built-in margin some venues charge. On prediction markets you pay the spread and fees instead.
Liquidity: How much money is in the market. More money means you can get in and out at the price you see.

Novig's welcome offer is small and simple: sign up with code CPM, deposit $10, and get $25 in trade credits. Novig is a peer-to-peer sports app, so you're matched against other users rather than a sportsbook's line.

The offer at a glance

Offer: deposit $10, get $25 in trade credits.
Code: CPM (not COLLEGEPM), entered at sign-up.
Where: 47 states plus D.C. Not in Arizona, Michigan or Nevada.
Who: new users, 21+, who pass identity checks.

Common reasons the credits don't land

Wrong code. Novig's code is CPM, not our usual COLLEGEPM.
Depositing less than $10. The credits need a $10 deposit.
Existing account. New users only.

How it compares

For college sports on a CFTC-regulated exchange, compare Kalshi (trade $25, get $25) and ProphetX (trade $50, get $75). On iPhone, Polymarket gives $50 for a $10 deposit. Novig is a lighter-weight option if you only want sports.

Ready to claim it?

Open Novig and use code CPM.

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.

21+. Gambling problem? Call 1-800-GAMBLER.

Price → probability → payout

Contract price in cents (e.g. 14)Amount you put in ($)

Implied chance: 14.0%
Contracts: 143
Pays back: $142.86
Profit if right: $122.86

A contract settles at $1 if the event happens and $0 if it doesn't, so the price is the market's probability. Every contract you buy at this price pays $1 — the cheaper the price, the less likely the market thinks it is.

Your first trade, step by step

Fund a small balanceOpen an account, verify your ID, and deposit $10–$20 by debit or ACH. You must be 18+ and in an eligible state.
Find the marketSearch the event by team, player or headline. Check the price and the volume — thin markets move a lot on small orders.
Read the price as a probabilityA 23¢ YES contract means the market gives it about a 23% chance. If you think it is higher than that, YES is the value side.
Place a limit orderEnter the price you want rather than taking the market. You buy shares, not a bet slip — the most you can lose is what you paid.
Decide your exitYou can sell any time before the event resolves, or hold to settlement where each winning share pays $1.

Ready to try it: open Kalshi. 18+, eligible states only. Trade what you can afford to lose.

Sources & further reading

Novig — official siteNovig
Novig — termsNovig

Frequently asked questions

What is the Novig promo code?

CPM. New users who deposit $10 get $25 in trade credits, subject to Novig's terms. (Our code on other platforms is COLLEGEPM; Novig's is CPM.)

Where is Novig available?

In 47 states plus Washington, D.C. It is not available in Arizona, Michigan or Nevada. You must be 21+.

How does Novig work?

Novig is a peer-to-peer sports app: you trade against other users instead of a house line, so Novig doesn't set the prices itself.

Can I withdraw the $25 in trade credits?

Trade credits are for trading, not for withdrawing directly. Check Novig's terms for how credits and winnings from them are treated.

Can I trade college sports on Novig?

Novig focuses on sports, including college football and basketball games when they're listed. It has no politics or admissions markets.

What does the price actually mean?

A contract settles at $1 if the event happens and $0 if it doesn't, so the price is the market's probability. A contract at 23¢ means roughly a 23% chance, and $1 buys about 4.3 shares.

How much money do I need to start?

You can place a real trade with $10–$20. Contracts are priced in cents, so a $20 balance buys dozens of shares on a cheap market. Start small until you have seen a position settle.