The enemy of every sports bettor is the "vigorish," the percentage that the sportsbook takes from every bet (why a standard wager is -110 instead of even money). But what if you didn't have to pay the vig?
Enter Novig, one of the newer apps to the sports betting scene. A peer-to-peer sportsbook, Novig lets you bet against other users instead of against the house – therefore taking away the high fees that users pay when making wagers.
As a result, betting on Novig is a fairer betting experience. And those who sign up through Pikkit can earn a 10 percent discount when making their first deposit.
All you have to do is enter the bonus code PIKKIT when making their first deposit from the link below, and the 10 percent will be applied at checkout.
NOVIG SIGN UP: Get a 10 percent deposit bonus!
Novig is a peer-to-peer sports betting app that functionally acts as a marketplace for bets among users. The app functions like a regular sportsbook; odds are posted for a variety of markets, from moneylines and spreads to totals and player props, and users can place wagers on what's available.
However, the lines posted aren't coming from the house - they're coming from other users. Players choose the lines they want to bet, set their own odds, submit their wagers, and the plays become available to other users who can then match the other side. That's why the house doesn't take a cut; the money is being matched by another bettor, not the sportsbook itself.
Imagine a football game where the Chiefs play the Bills. At the traditional sportsbooks, the Chiefs are -130 on the moneyline (to win), and the Bills are +110. Those 20 points in the middle are the vig; sportsbooks take a guaranteed percentage of total bets so that they can make money regardless of the outcome, and ensure bettors can't bet both sides.
You want to bet the Chiefs - but you don't want to pay -130. At Novig, you can choose to make the same bet at -120, saving $10 on a bet to win $100. And on the other side, the second user would match your bet at +120 – which is also a better price than the +110 they'd find at the other book. A win-win!
Novig does take a very small commission on wins, but it is significantly less than what a traditional book would take on either a win or a loss.
Due to the fact that the house isn't risking cash for players' bets, Novig has no incentive to limit sharp bettors, either.
Those who want to make money through sports betting should always sign up for as many books as possible to shop lines and consistently get the best price – and Novig often has the best price on the market.
Pikkit is offering new Novig users a one-time discount when they sign up using our bonus code.
Just like Fliff and ProphetX, Novig is a "social sportsbook" and uses a sweepstakes model that differs from that of a traditional book. Players wager with Novig, cash which can be bought and redeemed at a 1-to-1 ratio to the US dollar.
Pikkit's sign-up bonus allows new users to get 10 percent off their first purchase of Novig cash, up to $100. Those who choose the max bonus will pay $90 for $100 in Novig cash, ultimately giving them $10 of free money to wager with.
Just make sure you enter the code PIKKIT when making your first deposit.
And, of course, Novig is supported on Pikkit's industry-leading bet tracker, allowing you to keep track of every wager without worry.
As a sweepstakes book, Novig is subject to different laws as the traditional gambling operators.
It is legal in more states than books like Caesars, FanDuel or Bet365 – 42 total, to be exact.
However, due to the differing legal restrictions, it is banned in a handful states where the traditional books are legal – including Michigan, Colorado and Nevada.
Novig is legal in the following states: Alaska, Arizona, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
