Novig Welcome Bonus: How to Get $50 When You Deposit $10
But there’s something interesting about this Novig welcome bonus. It’s the fact that it’s split into five $10 in Trade Credits. The bonus is valid for 30 days, and you cannot withdraw them directly. You can also use this bonus to trade Yes and No event contracts valued between $0.01 and $0.60 on available prediction markets.
Facts
| Deposit time | instant |
|---|---|
| Support Types | E-Mail, Live Chat |
Quick details about Novig
Before we jump right into the Novig bonus offer, how about a recap of the platform itself? Novig is one of the federally regulated platforms in the US where you can trade sports prediction markets. That’s all you can trade here.
Basically, Novig asks a simple question about the outcome of a real-world sports event that’s yet to occur and attaches a Yes/No answer. Here’s an example:
Will the San Antonio Spurs become the NBA championship winner?
- Yes at $0.23 or No at $0.78.
As you can see, each answer is an event contract with a price ranging from $0.01 to $0.99. Each represents the chance of an outcome occurring. So, the Yes contract at $0.23 indicates that collective buyers and sellers think there’s a 23% chance that the Spurs will become the championship winner. The same goes for the No contract; there’s a 78% chance the Spurs won’t win the NBA championship.
If the Spurs eventually win, the corresponding Yes contract pays $1, and you keep a $0.77 profit per contract if you bought it at $0.23. But if the team doesn’t, the Yes contract settles at $0.
During our Novig review, we noticed that event contracts’ prices are never static. As sports fans buy and sell, the price adjusts until final resolution. You also don’t have to hold your contracts until the event settles. You can sell them anytime to lock in potential returns or cut losses.
Is there a Novig welcome bonus?
Yes, there is. It’s $50 in Trade Credits you’ll get as a new trader on this platform. As we briefly explained in the intro, you’ll need to deposit at least $10. Interestingly, you can get it without completing any qualifying trades, and you don’t need a Novig prediction markets promo code to claim this bonus.
Based on our assessment, this bonus is split into five $10 Trade Credits. You can then use each to trade event contracts priced between $0.01 and $0.60. Anything outside this range will require cash from your Novig balance.
That said, you can’t withdraw this bonus directly. You must use it to trade available Yes/No contracts related to sports events. Whatever you receive after completing a winning trade is available for withdrawal.
That said, the table below provides a summary of the Novig welcome bonus.
| Details | What to know |
|---|---|
| Sign-up offer | |
| How credits arrive | 5x $10 Trade Credits |
| Promo code needed? | No |
| Who can claim it? | New traders who are at least 21 years old |
| Available US states | All states plus DC except Arizona, Connecticut, Hawaii, Massachusetts, Maryland, Michigan, Missouri, Nevada, New York, Ohio, Utah, and Washington |
| How to use your bonus | On sports event contracts ranging from $0.01 to $0.60 |
| Bonus expiry window | 30 days after issue |
How to claim the Novig sign-up bonus
Please follow these steps to get your $50 in Trade Credits:
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Visit Novig’s official website by clicking the banners on this page.
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Hit the blue Sign Up button, which is located in the top-right corner of the website.
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Provide your email address and password, or link your Google or Apple account.
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The operator will require you to secure your account via SMS or Google Authenticator.
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Once you’re done, log in to your account and make a deposit of at least $10 via an available payment method.
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Afterward, you’ll receive five Trade Credits worth $10 each.
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Use them on event contracts priced between $0.01 and $0.60 within 30 days.
That’s about it. At the time of writing, this prediction market site is available in all US states except Arizona, Nevada, and Michigan. If you don’t reside in any of these regions, make sure you meet the Novig age requirement of 21 years old before signing up.
Are there other Novig promotions you can explore?
Yes. You can enjoy Novig’s refer-a-friend reward. This is a give $50, get $25 referral program. All you have to do is share your unique referral link with your friend. Please keep in mind that you don’t share a Novig referral code, as that isn’t provided. When your pal joins the platform and makes a qualifying deposit of $10+, they’ll get $50 in Trading Credits.
Afterward, you’ll receive five $5 referral credits, which are valid for just 7 days. But to fully claim this bonus, please keep these requirements in mind:
- Complete at least five trades using your own funds
- Risk at least $50 of your own funds on your preferred sport event contracts
- Deposit at least $10
You must meet these requirements on or before your friend joins the platform through your link. If you haven’t met any yet, the operator will withhold your referral bonus for 30 days, giving you time to complete it. Please keep in mind that you can only refer a maximum of 5 friends to this platform.
Pros and cons of Novig welcome bonus
Here are some pros and cons of this prediction market site’s welcome offer:
- Easy to claim promotion
- No code needed
- Fair deposit and trade requirements
- Bonuses are not directly withdrawable
- Not available in all US states
Claim the Novig welcome bonus today
There you have it. The Novig welcome bonus is pretty straightforward. All you have to do is deposit $10+ into your newly registered account and receive five Trade Credits of $10 each.
When you get your $50 in Trade Credits, use each one on Yes/No event contracts priced between $0.01 and $0.60 within 30 days. If you want to enjoy this bonus, you must be at least 21 years old, new to Novig, and live in an eligible US state. When you’re ready to get started, click the banners on this page to create a Novig account.
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FAQs on Novig welcome bonus
- 💰 What is the Novig welcome bonus?
It’s $50 in Trade Credits when you deposit at least $10 as a new trader. The bonus comes as five Trade Credits worth $10 each and expires 30 days after they are issued.
- 🔑 Is there a Novig sign-up bonus code?
No. You only need to sign up through the links on this page, verify your account, and deposit at least $10. No qualifying trade is required.
- 🌍 Can I claim this bonus in every state?
No. You’re not eligible for this bonus if you live in Arizona, Nevada, or Michigan. If you live outside these regions, make sure you’re at least 21 years old before creating a Novig account.