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CFL Grey Cup Odds & Predictions 2024

The Canadian Football League has withstood the test of time, creating many historic moments that fans will remember for a lifetime. We at Canada Sports Betting look to continue embracing the tradition by offering top-notch Grey Cup predictions, educating our readers on where to find the best Grey Cup odds, and giving out the best analysis on the 2024 Grey Cup when the big game pops up on the calendar.

The pinnacle of the CFL season, the 2024 Grey Cup, will be played indoors at BC Place in Vancouver, British Columbia, on November 17, 2024.

Updated 2024 Grey Cup Odds

Below are the most up-to-date Grey Cup odds:

Team
MON Alouettes+185+180
BC Lions+400+400
SAS Roughriders+425+425
TOR Argonauts+475+475
WIN Bluebombers+600+600
OTT Redblacks+900+900

If you want to nail your 2024 Grey Cup predictions, you’re going to have to have a strategy in place to bring home the cheese.

Most people like to analyze trends. Some will be broad and generic like: team A is 5-1 “against the spread” (ATS) when playing on Sunday. Other trends can be more obscure like: team A was 5-0 ATS in the playoffs when they played teams that only allowed 200+ total yards per game. Then there’s some stupid 💩 like the last time the Argos won the Grey Cup in 2022, “Last Night” by Morgan Wallen topped Billboard’s Top 100 Singles chart, and the double blue is back. Guess who’s on top of the charts? Bless your soul, it’s Morgan Wallen.

Instead of falling for overplayed trends and listening to people who haven’t watched a CFL game all year give you a “can’t miss” pick, check out our guide for the best 2024 Grey Cup predictions.

HAMILTON, ON - NOVEMBER 19 - Montreal Alouettes wide receiver Tyson Philpot (6) celebrates with the Grey Cup as the Montreal Alouettes beat the Winnipeg Blue Bombers 28-24 in the 110th edition of the Grey Cup  at Tim Horton's Field  in Hamilton, November 19, 2023.         (Steve Russell/Toronto Star via Getty Images)

Grey Cup Odds Markets

The 2024 Grey Cup is coming up! Read our odds guides below and catch all the action as the Grey Cup kicks off on Sunday, November 17th at 6pm Eastern time! Let’s talk about Grey Cup betting markets and what types of bets you can make.

Grey Cup Futures Bets

If you’re an avid sports bettor, you’ve probably wagered on a futures bet. When you bet on a futures bet, you’re essentially betting on something to happen. In this case, you’ll be betting on a team to win the Grey Cup.

What that means is you’ll pick a team to win the Grey Cup before or at any point during the season. Let’s say you like the Toronto Argonauts to hoist the trophy, even with all of its offensive struggles at the start of the season, with quarterback Chad Kelly being suspended. You can hop on your sportsbook of choice, head to the Grey Cup futures market, grab the Argos to win at +650, and make a bet.

That +650 means that if you bet $10, you’ll make $65 in profit, or $75 altogether.

Grey Cup Player Prop Bets

Grey Cup player prop bets work similarly to the regular season. You bet on whether a player will go over or under a suggested total. Let’s say you’re betting the over on a quarterback’s passing yards, which is set at 255.5. That quarterback will need to throw for 256 passing yards or more. Otherwise, you’ll be out of luck.

Grey Cup Point Spread Betting

The Grey Cup point spread will be released not too long after the Eastern and Western Division Finals wrap up and the matchup for the biggest game in the CFL is set.

For example, in the 2023 Grey Cup game, the oddsmakers made the Winnipeg Blue Bombers -7.5 favourites over the Montreal Alouettes. That means if you liked the Blue Bombers to “cover the spread,” Winnipeg would’ve had to beat Montreal by eight points or more. If the Blue Bombers only won by three, your bet would’ve lost.

If you bet the Montreal Alouettes +7.5 point spread, in order for Montreal to cover, they couldn’t lose by more than seven points. If Winnipeg beat Montreal by 10 points, the Montreal Alouettes would’ve failed to cover the spread.

Heck, the Montreal Alouettes didn’t need the points, though. Montreal won outright 28-24 in a thrilling 110th Grey Cup game.

MONTREAL, QC - JULY 11: Montreal Alouettes wide receiver Cole Spieker (17) runs the ball against Toronto Argonauts defensive back Amani Dennis (33) during the Toronto Argonauts versus the Montreal Alouettes game on July 11, 2024, at Percival Molson Memorial Stadium in Montreal, QC (Photo by David Kirouac/Icon Sportswire via Getty Images)

Best CFL Grey Cup Betting Sites

Once you’ve decided on what or who you want to bet on, the next challenge is finding a good sportsbook to place your bets. There are no rules for doing that. It’s all about your personal preferences. If you like to bet on sports on than football and the CFL, maybe prioritize a sportsbook that has good offerings across a multitude of sports. Maybe you’re looking for a good bonus or something along those lines. Whatever the case may be, browse what’s out there and see what fits best for you.

Below, we’ll list some of the sportsbooks we love for their top-notch Grey Cup odds, selection of bets, and quality of service.

1. Betway

Betway has become one of the CFL’s better partners over the years. As such, you can expect the sportsbook to pack a good punch when it comes to top-notch CFL Grey Cup odds.

Compared to the rest of the competition, Betway offers some really good prices on mid-tier teams to win the Grey Cup, such as the Ottawa Redblacks and Winnipeg Blue Bombers. If you really like some middle-of-the-pack teams to step it up towards the end of the season, get your wagers in at Betway.

And, of course, come game day Betway will have tons of Grey Cup betting markets.

Grey Cup Odds at Betway

2. Sports Interaction

Sports Interaction (SIA) and the CFL go together like peanut butter and jelly. When the Grey Cup rolls around, SIA is loaded when exciting special markets like both quarterbacks combine for 300+ yards in passing at eye-catching odds. We enjoy the special markets because if we can’t decide on a bet, at least we can have fun cheering on some players to show up when the lights shine the brightest.

Grey Cup Odds at SIA

3. bet365

bet365 offers year-round CFL Grey Cup odds. We find bet365’s Grey Cup futures odds are the most competitive. Compared to other sportsbooks, you can usually find great prices on the top-tier teams in the league. In 2024, that would be the BC Lions, Montreal Alouettes, and Saskatchewan Roughriders.

On Grey Cup game day, bet365 goes ham with its player props. You can bet on literally any bet. You can bet on almost every receiver’s yards, who will win Most Outstanding Canadian Player, and so much more. There’s always a nice super boost bet sprinkled in there to help build the bankroll, which is a plus, even if bet365 maxes it out at $20 games.

Grey Cup Odds at bet365

Grey Cup History

The Grey Cup was commissioned by Canada’s governor general, The Earl Grey, in 1908. It was supposed to be donated to a local amateur hockey league, but the famed Allen Cup took its place. Instead, the old bloke donated it to the Canadian Football League. As the saying goes, the rest was history.

The CFL playoffs, for the longest time, have included six teams. The division leaders get a bye to the division finals. The second-place teams host the third-place teams in the division semi-finals. Whoever ends up winning the division finals represents their division at the end of the CFL season in the Grey Cup.

Past Grey Cup Winners

  • 2023: Montreal Allouettes
  • 2022: Toronto Argonauts
  • 2021: Winnipeg Blue Bombers
  • 2020: Cancelled due to COVID-19 pandemic
  • 2019: Winnipeg Blue Bombers
  • 2018: Calgary Stampeders
  • 2017: Toronto Argonauts
  • 2016: Ottawa Redblacks
  • 2015: Edmonton Eskimos
  • 2014: Calgary Stampeders
  • 2013: Saskatchewan Roughriders

Frequently Asked Questions About Grey Cup Odds

Alright, you made it this far. In this section, we’ll answer some of the most asked questions about Grey Cup predictions and odds.

Who is favoured to win the Grey Cup?

At the time of writing, the Winnipeg Blue Bombers are favored to win the 2024 Grey Cup. The team has a strong roster and is aiming to bounce back after losing in consecutive Grey Cup appearances in 2022 and 2023. They finished the 2023 season with a solid 14-4 record and are looking to secure their 13th championship under the leadership of head coach Mike O’Shea. With quarterback Zach Collaros and running back Brady Oliveira leading the team, they are seen as a tough team to beat.

Who won the 2023 Grey Cup?

The Montreal Alouettes won the 2023 Grey Cup in a thrilling 28-24 game over the league-best Winnipeg Blue Bombers.

Which CFL team has the most Grey Cups?

The Toronto Argonauts have won the most Grey Cups in CFL history. Since the team’s inception, the double blue has won 18 Grey Cups.

Where is the Grey Cup 2024?

The Grey Cup will be played indoors at BC Place in Vancouver, British Columbia, on November 17, 2024.

How Do Grey Cup Futures Work?

Throughout the season, sportsbooks provide futures odds for the eventual Grey Cup champion at the end of the year. These CFL odds fluctuate throughout the entire season, depending on how well a team performs, injuries, changes to the roster, and other important factors that influence teams attempting to win the Grey Cup.

How do I bet on the CFL final?

Canadians have two main options for placing a bet on the Grey Cup. Some online sportsbooks have a selection of betting lines for CFL action, including futures, props, and standard bets on single games. The other option for CFL fans would be provincial sports lotteries, such as PROLINE in Ontario.

What are the different types of Grey Cup bets?

Before the Grey Cup, you’ll be able to bet on Grey Cup futures. For the game itself, you’ll be able to do standard wagers like moneylines, spreads, and over/unders. There will also be a significant variety of prop bets, like predicting the Grey Cup MVP.

Where will the 2023 edition be played?

Tim Horton’s Field, Hamilton, will be the host of the 2023 Grey Cup, slated to take place on Nov. 19, 2023. The game will be televised by TSN, RDS, and ESPN2.

Which sportsbooks offer Grey Cup betting?

The majority of major sportsbooks will give players the option of betting on the Grey Cup. Some sites have expanded wagering offers for the CFL in order to attract Canadian audiences. Before selecting a sportsbook, it’s good to check out the different options and bonuses available on competing sites.

When did the Grey Cup begin?

The Grey Cup is one of the oldest championship trophies in the world, with the cup first awarded in 1909 to the Toronto Varsity Blues. This trophy is so old that the CFL will need to redesign the trophy and replace the original 1909 plate to accommodate the next generation of CFL champions.

Who won the title in 2022?

The Toronto Argonauts were the surprise winners of the 2022 Grey Cup, defeating the Winnipeg Blue Bombers by a score of 24-23.

How is the CFL different from the NFL?

The biggest difference between the Canadian Football League and the National Football League would be the fact that Canadian football has three downs while American football features four downs. Another big difference is before the snap – in the NFL, only one offensive player can be in motion, while the CFL allows multiple players in motion.

Has an American team ever won the Grey Cup?

Yes, the Baltimore Stallions became the only American team to win the Grey Cup in 1995, dominating the league throughout the season. The American CFL experiment ended a year later.

What’s the highest scoring Grey Cup game?

The Grey Cup in 1989 resulted in an exciting 43-40 victory for the Saskatchewan Roughriders over the Hamilton Tiger-Cats.

Which city has won the most Grey Cups? How many Grey Cup wins per team?

The Toronto Argonauts lead the way with 18 Grey Cup victories, most recently winning in 2022. They’re followed by 14 for the Edmonton Elks, 12 for the Winnipeg Blue Bombers, eight for the Hamilton Tiger-Cats and Calgary Stampeders, seven for the Montreal Alouettes, six for the BC Lions, four for the Saskatchewan Roughriders, and one for the Ottawa Redblacks.