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Valid Make Order Prices and How They're Determined

Make order prices are set in standardized increments. This keeps the market fair and orderly for everyone — rather than allowing any arbitrary price, orders must be placed at one of Novig's approved values (for example, -110, -115, or -120, rather than -111 or -113).

This structure ensures that all users compete on equal footing when placing make orders. Without standardized increments, a user could gain an unfair advantage simply by offering a trivially better price — say, -109 instead of -110 — without any meaningful difference in value. By anchoring make orders to consistent price points, Novig keeps the focus on who has the best read on a market, not who can undercut by the smallest possible margin.

The increment sizes are also calibrated to the price level: values near even money move in smaller steps, while long shots and heavy favorites move in larger ones, reflecting the natural difference in value across the probability range.

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