The NFL season continues today with Week 3, and the Novig promo code offers a $25 prediction market bonus for trading on all the action. With an exciting slate of games on deck, now is the best time to see how to use Novig for NFL Week 3 to trade on pro football prediction markets.

Another Sunday of NFL action is upon us as Week 3 continues this afternoon with an enthralling menu of games. With prediction markets now available in almost every state nationwide, eligible users can sign up with Novig to trade on all the pro football action today.

Novig is a popular sports prediction market platform, available for traders in over 40 states throughout the country, including sevral states where sportsbooks are prohibited. Users on Novig can trade on a variety of prediction markets for NFL games, including moneylines, point spreads, over-under totals, props, combos, futures, and more.

First time users on Novig can claim the welcome offer here to deposit $10 and get $25 in trade credits .

Using Novig to trade on NFL prediction markets is very easy to understand. The unit of commerce is an event contract, with each contract totalling $1. Each contract will have two sides (one for each team), and each team will be listed as a percentage (implied market probability). That implied probability translates to the share price, and each side of the contract will be priced between $0.01 and $0.99.

Traders on Novig can buy shares for either team, and when the game concludes, the market will resolve. Users who traded on the correct team will receive the full $1 contract value for each of the correct positions they hold.

Using today’s Ravens-Cowboys game as an example, Dallas is trading at 38%, meaning they are priced at $0.38 per share. If the Cowboys win, users who traded on Dallas would earn a profit of $0.62 per share.

Here’s a quick breakdown of the math: $1 (Full Contract Price) – $0.38 (Dallas Cowboys Price) = $0.62 Profit.