Polymarket vs Novig
A detailed head-to-head comparison of Polymarket and Novig — pricing, features, and which one wins for different use cases.
Polymarket
The world's largest decentralized prediction market for elections, crypto, sports, and world events
Polymarket is the dominant decentralized prediction market platform, running on Polygon and processing hundreds of millions of dollars in trading volume during major events like US presidential electi…
Full review →Novig
Zero-vig US peer-to-peer sports prediction exchange
Novig is a US peer-to-peer sports betting exchange whose pitch is right in its name: 'no vig' — it aims to eliminate the built-in margin (the vigorish) that traditional sportsbooks charge, by matching…
Full review →Feature Comparison
| Feature | Polymarket | Novig |
|---|---|---|
| Settlement Mechanism | UMA optimistic oracle | P2P exchange (regulated) |
| Trading Model | CLOB | Peer-to-peer order book |
| Collateral Token | USDC | USD |
| Min Trade | $1 | $1 |
| Api Access | ✓ | ✗ |
| Embeddable Odds | ✓ | ✗ |
| Geo Restrictions | US persons blocked | US, varies by state |
| Market Creation | Permissioned | Exchange-approved |
| Mobile App | ✗ | ✓ |
| Governance Token | ✗ | ✗ |
Polymarket Pricing
Polymarket
Free to trade
Free
- ✓USDC-denominated
- ✓Polygon network
- ✓Real-time CLOB
- ✓API access
- ✓Thousands of markets
Novig Pricing
Novig
Free to trade
Free
- ✓Zero-vig peer-to-peer model
- ✓US sports exchange
- ✓Fairer P2P pricing
- ✓Modern mobile app
- ✓Real-money (varies by state)
Verdict: Which Should You Choose?
Polymarket is the better pick if you need largest prediction market by volume — most accurate probabilities for major events. Novig wins when zero-vig model removes the sportsbook's built-in margin. Both are production-ready — the right choice depends on your team's workflow and budget.