# Novig vs Sleeper

> Independent. Not affiliated with, endorsed by or sponsored by Novig.

Canonical: https://novigapi.com/compare/novig-vs-sleeper
Facts checked: 2026-11-12

Sleeper is a fantasy app with Sleeper Picks and a newer prediction product, Sleeper Markets; Novig is a sports exchange. Checked 12 Nov 2026, Sleeper says Picks is available in most US states but publishes no fee formula, while Novig charges takers 0.06 x P x (1 - P), only in-game on game markets. (Source: [Sleeper: Picks](https://sleeper.com/picks))

Sleeper is best known for season-long fantasy leagues. It added Sleeper Picks, a pick'em contest, and Sleeper Markets, where team picks trade as event contracts inside the same app. Novig is a standalone exchange with a published fee schedule.

## Fees

Fees, checked 12 Nov 2026

| Fees (checked 12 Nov 2026) | Novig | Sleeper |
| --- | --- | --- |
| How you pay | Taker pays 0.06 x P x (1 - P) per $1 of payout; makers pay nothing | Not published as a formula; payouts set in the app |
| When it applies | Game markets: only while the event is live. NFL, NCAAF, NCAAB, NCAAWB, MLB, NBA, WNBA and NHL futures: always. Golf, tennis, UFC, F1 and NASCAR futures and series winners: never | Not published |
| $100 of payout at 50% | $1.50 if live; $0 pregame on game markets; $1.50 any time on major US league futures | Not published |


## Coverage

Coverage, checked 12 Nov 2026

| Coverage (checked 12 Nov 2026) | Novig | Sleeper |
| --- | --- | --- |
| Sports | Sports only: NFL, NCAAF, NCAAB, NCAAWB, MLB, NBA, WNBA, NHL, PGA, ATP, WTA, UFC, F1, NASCAR among the leagues its fee docs list | Fantasy football, basketball, esports and more; team picks |
| Markets | Game lines, player props, futures, series winners; parlays priced through RFQ | Pick'em contests; team picks as prediction contracts |
| States and regions | All US states except Nevada, Arizona and Michigan, judged by physical location; 21+ | Picks in most US states; Sleeper Markets' full state list not disclosed, per a third-party review |
| Regulator | Ludlow Exchange, LLC (doing business as Novig), CFTC-designated contract market since 16 Jun 2026 | Not published on the pages we read |


## Data access

Data access, checked 12 Nov 2026

| Data access (checked 12 Nov 2026) | Novig | Sleeper |
| --- | --- | --- |
| Official API | Yes: signed trading API at docs.novig.com; needs an account, KYC and a location check in production | Sleeper has a read-only fantasy league API; no pick or market price feed on the pages we read |
| Public data | Free daily CSVs at data.novig.com (trades and markets), no names, around 5 a.m. ET | Fantasy league data only |
| History | Trades from 3 Aug 2026, market snapshots from 4 Aug 2026, daily only | Not published for picks or markets |
| What novigapi.com adds | No Novig account, player and team names joined, intraday line history, fair prices, line moves, MCP | Nothing: novigapi.com covers Novig only |


If you build tools around player props, Novig's markets are the ones you can actually read as prices. Its daily CSVs list every trade, and [novigapi.com](https://novigapi.com/novig-api) joins player names to each market and keeps intraday line history.

## Pick'em versus a priced market

A pick'em contest pays a set multiple when your picks hit; you never see the price on the other side. An exchange shows both sides as probabilities you can trade at, so the cost is the spread plus the fee. Novig's own worked examples, per $100 of payout at the 0.06 coefficient: $1.50 at 50%, $1.26 at 30% or 70%, and $0.54 at 10%. The fee is charged to five decimal places with no cent floor, and a pregame fill on a game market owes nothing.

That difference matters for anyone who wants to measure value. With exchange prices you can compute a no-vig fair probability and compare it to your own projection; with fixed pick'em payouts you can only work back to an implied break-even rate. Use the [no-vig calculator](https://novigapi.com/no-vig-calculator) to compare.

## Who should use which

- **Fantasy league players**: Sleeper, where leagues, picks and chat live together.
- **Prop bettors who want to see both sides of a price**: Novig.
- **Developers building prop models**: Novig data for prices, Sleeper's league API for rosters.

Eligibility differs too. Novig requires 21 or older, identity verification and a physical location outside Nevada, Arizona and Michigan, checked each time you open the app to trade. Sleeper's pick'em and markets follow their own state lists, which Sleeper describes only as most US states for Picks. Check the app's own state screen before you deposit.

## Verdict

Sleeper is a social fantasy product; Novig is a priced market. For a transparent cost and usable data, Novig is the stronger choice; for leagues with friends, Sleeper is.

## Questions

### Where is Sleeper Picks available?

Sleeper's own page says Sleeper Picks is available in most US states. A third-party review notes that Sleeper had not disclosed a full state list for Sleeper Markets (checked 12 Nov 2026).

### Is Novig a prediction market?

Yes. Novig operates a CFTC-regulated prediction market through Ludlow Exchange, LLC, designated on 16 Jun 2026, and lists sports contracts only (checked 12 Nov 2026).

### Is there a peer-to-peer betting app?

Exchanges such as Novig match traders with each other instead of taking the other side. Novig is available in every state except Nevada, Arizona and Michigan (checked 12 Nov 2026).

## Sources

- [Sleeper: Picks](https://sleeper.com/picks)
- [BettingUSA: Sleeper Markets review](https://www.bettingusa.com/prediction-markets/reviews/sleeper-markets/)
- [Novig docs: Trading Fees](https://docs.novig.com/fees.md)
- [Novig docs: Trading fees (game and futures schedules)](https://docs.novig.com/api/concepts/fees.md)
- [Novig Help Center: Eligibility & Legality](https://support.novig.com/en/articles/16194031-eligibility-legality)
- [CFTC: Designated Contract Markets list](https://www.cftc.gov/IndustryOversight/IndustryFilings/TradingOrganizations?col=Status&dir=DESC&page=1)
- [Novig docs: Exchange Data](https://docs.novig.com/public-data/overview.md)

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