Measured from the live board at 4:56 PM EDT. This is a snapshot of prices on the board right now, not an average over any period of time.
Novig by sport
Quoted, best-priced, and share, per sport.
| Sport | Quoted | Best price | Share |
|---|---|---|---|
| NBA | Too few live prices to measure yet. | ||
| MLB | 488 | 134 | 27.5% |
| NFL | Too few live prices to measure yet. | ||
Cost
Across 256 two-sided player-prop markets Novig currently prices, the two sides add up to about 4.96% above a fair 100% — that gap is Novig's hold. One-sided markets are excluded from this figure because there is no second price to add against the first.
Novig takes a small per-contract fee from the taker and pays makers a rebate rather than baking vig into the line. It is low-fee rather than fee-free, and when Novig steps in as counterparty in a thin market a spread comes back into the price.
What Novig quotes
Novig is currently quoting 5 markets across 1 sport: hits, home runs, rbis, strikeouts, and total bases.
Novig vs DraftKings
Novig and DraftKings do not currently overlap on enough live props to compare head to head.
What Novig is
Novig is a peer-to-peer exchange wearing a sportsbook interface: your price comes from another user rather than from a trading desk that sets a margin.
Novig covers the mainstream major-league slate with real depth and thins out quickly past it.
Novig's posted numbers are routinely better than a sportsbook on the same outcome, so the edge is usually a straight price improvement rather than a disagreement.
Novig — FAQ
How often does Novig have the best price?
Novig has matched or beaten every other venue on 27.5% of the 488 player-prop outcomes it is currently quoting.
What is Novig's hold on player props?
Across 256 two-sided player-prop markets, Novig's two prices add up to about 4.96% above fair value.
Which markets does Novig price?
Novig is currently quoting hits, home runs, rbis, strikeouts, and total bases across 1 sport.
Is Novig cheaper than a prediction market?
Novig is itself a prediction market, so the comparison worth checking is against a sportsbook — see the DraftKings comparison above.
How does BeatVig measure this?
For every player-prop outcome with at least three venues quoting it, BeatVig records which venue's price matched or beat every other venue's. The share above is that count divided by every outcome Novig is quoting, recomputed from the live board on every request.