Grade: transitioned
Novig is a real, operating business and player balances were honored throughout its transition — but it is no longer a sweepstakes casino, so there are no Sweeps Coins to earn or redeem there anymore. SweepsGuard no longer grades it, and keeps this record published so players who remember it as a sweepstakes casino can see exactly what changed.
Novig launched in 2024 as a sweepstakes-based peer-to-peer sports prediction exchange, where players traded against one another rather than against a house. In August 2026 it completed a move off the sweepstakes model entirely. Novig now runs a federally regulated event-contract exchange through Ludlow Exchange, LLC, the entity the CFTC designated a contract market on June 16, 2026. Novig is the parent company; Ludlow Exchange is the regulated exchange underneath it, and it clears through Bitnomial.
Novig is open in 47 states plus Washington D.C. It is not available in Arizona, Michigan or Nevada. Eligibility runs off where you physically are when you trade, not where you live, and the minimum age is 21. New York is unsettled: Novig sued the state on August 5, 2026 to stop it applying its sports betting laws to event contracts, and no ruling had come down when we last checked.
This is a change of product, not a rebrand. There are no Sweeps Coins to collect or redeem at Novig anymore, no sweepstakes rules governing play, and no free mail-in (AMOE) entry, because there is no longer a sweepstakes to enter. The site now runs on exchange rules and a separate member agreement, and existing accounts were asked to review and accept new terms before continuing.
Player funds were not disrupted at any point during the transition. Existing account holders were given a clear choice at the changeover: accept the new terms and continue trading, or close the account and withdraw their balance. We have no complaints on file against Novig from the sweepstakes period or from the transition itself.
SweepsGuard grades sweepstakes casinos, and Novig is no longer one, so it no longer carries a letter grade from us. Removing the listing outright would leave players searching for it with no answer, so we keep this record published to document what the site was, what it became, and that balances were honored on the way through. If you are looking for somewhere to play sweeps, see our graded directory instead.
Last updated: August 18, 2026
Player-tracked redemptions: 102 of 102 paid, typically within ~0 days.
Yes. Novig still operates, it just is not a sweepstakes casino anymore, so there is still someone to mediate with. File it at sweepsguard.com/submit-complaint with your documentation and SweepsGuard takes it to the operator, then publishes the outcome to Novig's public record.