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Novig recently converted its platform from a dual virtual currency model to a sports predictions market platform. This change has a lot of people wondering if Novig is allowed in Texas. Good news: the answer is yes!
In fact, this brand is available nationwide, with the exception of Nevada, Michigan, and Arizona. The platform has been recognized as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). This means that any eligible people who are located in the Lone Star State can trade sports event contracts. Learn more as you read on.
Yes, this platform is available across the entire state. As long as you are at least 21 years old and able to pass the standard identity verification checks and compliance measures, you’ll be approved to trade event contracts. Here’s an overview of the site:
| Company facts | Details |
|---|---|
| Platform | Sports prediction market |
| Operating company | Ludlow Exchange LLC |
| Regulatory framework | Regulated by the CFTC |
| Minimum age | 21 |
| Available in Texas? | Yes |
Keep in mind that Novig is not a sportsbook of any kind. Instead, Novig is a peer-to-peer trading platform where users buy and sell event contracts in sports prediction markets. This activity is regulated at the federal level, and it’s fully accessible to people who are located in the Lone Star State.
No, this platform does not require you to have a TX mailing address, billing address, and/or Texas residency to participate. You only need to be physically located within the state’s borders, or inside any of the other accessible states.
The platform uses geofencing technology to block anyone who isn’t accessing the site from an available state. This means that if you travel to AZ, MA, MD, MI, NV, NY, or OH, you’ll be unable to trade any event contracts until you’re physically located in an unrestricted state.
You’ll need to provide information such as your full name, Social Security Number, and other personal details. You’ll also need to complete the Know Your Customer (KYC) identity verification requirements. All traders will also need to agree to the site’s terms of service. All of these steps are standard for CFTC-regulated platforms.
As you just discovered, this sports prediction site is available in most of the United States, including those who are physically located in Texas. It’s important to note that traders must be at least 21 years old to participate, which is higher than the requirements set by similar prediction market platforms.
If you meet the eligibility requirements and compliance checks, then you can trade sporting event contracts. Some of the sports available include baseball, football, basketball, hockey, and many more.
To get started, all you have to do is tap the Novig banner on this page, and your welcome bonus will be available for you to claim!
New predictions market traders can get $25 in trading credits when they deposit $10. Just tap the brand’s banner on this page to get started, as it doesn’t require a Novig prediction market promo code to claim.
Yes, but only takers who pull liquidity from the market pay the Novig prediction market fees, while makers who place resting orders do not pay any fees. The fees are calculated using a formula, and they depend on the price of the contract and the type of trade you’re making.
As of August 2026, this brand retired Novig Cash and Novig Coins, so virtual currency is no longer used on the site. Note that the site is a regulated prediction market platform, with all trades being made with USD. If you previously had an account with an unused Novig Cash balance, that virtual currency has been converted to USD.
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