2024 CFL Grey Cup Odds

The 2024 Canadian Football League (CFL) is underway and bettors can start placing wagers on who will capture the 2024 Grey Cup, which is scheduled for Sunday, November 17, 2024.

Odds to Win 2024 Grey Cup

  • British Columbia Lions +230
  • Montreal Alouettes +240
  • Saskatchewan Roughriders +325
  • Toronto Argonauts +600
  • Ottawa Redblacks +900
  • Winnipeg Blue Bombers +1000
  • Calgary Stampeders +1600
  • Hamilton Tiger-Cats +6600
  • Edmonton Elks +15000

Odds Provided by bet365 - Subject to Change

Odds to Reach the 2024 Grey Cup

  • British Columbia Lions -160
  • Montreal Alouettes -120
  • Saskatchewan Roughriders +160
  • Toronto Argonauts +300
  • Ottawa Redblacks +450
  • Winnipeg BlueBombers +500
  • Calgary Stampeders +800
  • Hamilton Tiger-Cats +3300
  • Edmonton Elks +7500

Odds Provided by bet365 - Subject to Change

HOW TO READ THE CFL FUTURES ODDS MARKET

Of the nine teams competing in the CFL this season, the bottom five teams are listed at +100 or higher.

It does appear to be a two-horse race prior to the season with Winnipeg (+210) and Toronto (+225) listed as the top choices.

The two clubs entered last year's postseason as the top seeds and both were upset by the Montreal Alouettes, who are +600 to repeat as CFL Champions in 2024.

2024 CFL Grey Cup Opening Odds

Listed below are the opening odds to win the 2024 CFL Grey Cup prior to the start of the season, which began on Thursday June 6, 2024.

  • Winnipeg Blue Bombers +210
  • Toronto Argonauts +225
  • Montreal Alouettes +600
  • British Columbia Lions +600
  • Saskatchewan Roughriders +1000
  • Hamilton Tiger-Cats +1500
  • Edmonton Elks +1500
  • Ottawa Redblacks +1500
  • Calgary Stampeders +1600

2024 CFL Win Totals

Listed below are the opening odds for the CFL Win Totals betting market prior to the start of the season, which began on Thursday June 6, 2024.

  • Winnipeg Blue Bombers 12.5
  • British Columbia Lions 11.5
  • Toronto Argonauts 9.5
  • Montreal Alouettes 9.5
  • Saskatchewan Roughriders 8.5
  • Hamilton Tiger-Cats 8.5
  • Edmonton Elks 7.5
  • Calgary Stampeders 6.5
  • Ottawa Redblacks 6.5

Odds Provided by bet365 - Subject to Change

CFL GREY CUP HISTORY

The Toronto Argonauts have won the Grey Cup 18 times, which is the most all-time.

Edmonton and Winnipeg are the only other teams to win the Grey Cup 10 or more times.

Last 10 Seasons

  • 2023 - Montreal Alouettes
  • 2022 - Toronto Argonauts
  • 2021 - Winnipeg Blue Bombers
  • 2019 - Winnipeg Blue Bombers
  • 2018 - Calgary Stampeders
  • 2017 - Toronto Argonauts
  • 2016 - Ottawa Redblacks
  • 2015 - Edmonton Eskimos
  • 2014 - Calgary Stampeders
  • 2013 - Saskatchewan Roughriders

Prior to Winnipeg repeating in 2019 and 2021, the CFL hasn't seen a team repeat as champion since 2009 and 2010 when the Montreal Alouettes pulled off the repeat.

How to Bet CFL Futures

The “Odds to Win” wager in football is also commonly referred to as a future wager. Bettors must correctly select a team to win an event that takes place a later time. The money wagered will be tied up until there is an outcome and bettors will receive fixed odds when they place the wager. The future odds are normally updated on a weekly basis and wagers can be placed throughout the season.

To figure out your Win Amount, take the odds and multiply by the amount wagered. 

Ex. Toronto Argonauts (8/1) to win the championship. 

Toronto is listed as an 8/1 betting choice to win the Grey Cup Championship. If you wager $100 on Toronto to win it all and they capture the championship, then you would win $800 (8 ÷ 1 x 100). You would collect $900, which includes your win and stake ($100).

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