Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Available Locations
Overview
Note: Taxes for a sweepstakes sportsbook might be different than a regulated sportsbook. You could receive a 1099 if total redemptions (withdrawals) exceed $600 a year.
NoVig is an Exchange that follows a Sweepstakes model. This means that NoVig is available in over 40 states, making them the most widely available exchange in the United States. Before using NoVig it is important to understand that you do not have the protections provided by the gaming commission in your jurisdiction. Sweepstakes exchanges are regulated by the Federal Trade Commission which is entirely separate from a gaming commission.
When using NoVig there are two separate virtual currencies, NoVig Coins and NoVig Cash. NoVig Coins have no value and are used for entertainment purposes only. NoVig Cash can be redeemed for cash.
NoVig Cash can be received in three different ways.
- NoVig Cash is received as a free bonus when buying NoVig Coins.
- NoVig Cash can be earned from as part of no-cost giveaway contests as part of marketing campaigns.
- NoVig Cash can be earned via mail-in entry.
Here is a typical example of what using NoVig looks like.
- Purchase NoVig Coins with cash.
- Receive NoVig Cash for "free" as a gift for purchasing NoVig Points.
- Use the NoVig Cash to pick sports outcomes.
- Redeem NoVig Cash for real cash.
Notes Before Signing Up
Note: Taxes for a sweepstakes sportsbook might be different than a regulated sportsbook. You could receive a 1099 if total redemptions (withdrawals) exceed $600 a year.
There are two important things to understand before using NoVig.
- NoVig is an Exchange.
- NoVig is a follows a Sweepstakes model.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
