Novig

Novig is a sports prediction market that offers a commission-free peer-to-peer exchange where users can compete directly against each other, rather than against the house. This model is designed to be more fair and profitable for users, with research indicating that players are over 10x more likely to win on Novig compared to traditional sportsbooks. Novig offers a variety of markets, including moneyline, spread, totals, and player props in sports like NFL, NBA, NHL, MLB, and college basketball and football, with plans to expand into other sports and markets in the future.

Novig is a relatively new company, founded by recent Harvard graduates with experience in quantitative finance and a passion for sports betting. They operate through a sweepstakes model, which allows them to avoid traditional gambling regulations and launch nationwide. Novig has raised $7 million in funding from leading venture capital firms and angel investors, including Joe Montana, Y Combinator, Lux Capital, and Paul Graham. They are committed to building a fairer, more transparent, and more profitable platform for sports bettors, and they are actively seeking to hire top talent to help them achieve their goals.

Novig offers a hybrid work schedule for the Quantitative Sports Trader position, requiring four days per week on-site at their New York City office. While the specific details of remote work options are not explicitly stated, this requirement suggests a degree of flexibility for employees to manage their work schedule.

Novig offers a comprehensive benefits package that includes robust health, dental, and vision plans covering 100% of health premiums and 90% of dental and vision premiums. They also provide a generous 401(k) plan with a company match of up to 4% of base salary, a Health Savings Account with $1,080 annual company contributions, and a $24/day food or commuter stipend when working in their New York office.

Novig is a sports prediction market that aims to revolutionize the betting industry by offering a commission-free, peer-to-peer exchange model that allows users to compete directly against each other, rather than against the house. The company is dedicated to providing a fairer, more efficient, and transparent betting experience that empowers users to win, in contrast to traditional sportsbooks that often have egregious margins, discriminatory practices, and a stale betting experience. Novig believes that by building a platform where winners are welcome, they can create a more accessible, profitable, and enjoyable experience for all sports fans.

Novig promotes a culture that values transparency, fairness, and innovation. They champion a user-first approach, welcoming winning users and challenging the status quo of traditional sportsbooks. This is reflected in their commission-free model, the ability for users to set their own odds, and their focus on building a community-driven platform. Novig embraces a collaborative and ambitious spirit, encouraging its employees to contribute their unique skills and perspectives to disrupt the sports prediction industry.

Novig prioritizes diversity, equity, and inclusion by explicitly welcoming winners, regardless of background. Their platform encourages a diverse range of users to participate in the market, challenging the typical discriminatory practices of traditional sportsbooks. While their website does not explicitly detail specific diversity initiatives, their focus on building a community of traders through their Discord server and their commitment to fostering a welcoming environment suggests a company culture supportive of inclusivity.