Thursday, June 8, 2023
Football fans can use this page to rapidly find the best odds available on CFL games they want to bet on. We only feature safe and reliable sports betting sites on our CFL odds page, allowing you to find the best lines from an elite group of sportsbooks. We have also explained how to read CFL odds and provided information about the key wagering options at your disposal.
With the 2023 CFL season finally here, football enthusiasts eagerly await the thrilling matchups that lie ahead. The Grey Cup odds have been meticulously analyzed, and one team that stands out as the favorite is the Winnipeg Blue Bombers. Despite a devastating 1-point loss in the 109th Grey Cup, the Bombers have resurged and claimed their spot at the top of the odds chart. Their sights are set on a fourth consecutive title appearance and a triumphant 13th franchise victory.
The West Division of the CFL boasts a formidable lineup, with three out of the top five teams favored to win the 2023 Grey Cup hailing from this division. Meanwhile, the reigning champions of 2022, the Toronto Argonauts, and the Hamilton Tiger-Cats, find themselves holding the lowest Grey Cup odds in the East Division.
This is a simple wager on which team will win an upcoming CFL game. The oddsmakers will weigh up the strengths and weaknesses of each team, factoring in any injuries, fatigue levels, motivation issues and so on. They will then assign each team a set of odds.
CFL games usually have a favorite and an underdog, unless they are very evenly matched. You might see the Winnipeg Blue Bombers named as the -180 favorite to beat the Hamilton Tiger Cats, with the Tiger Cats becoming the +155 underdog. If the odds start with a minus sign, it tells you the amount you would need to wager in order to generate a $100 profit.
A $180 bet on the Blue Bombers at -180 would net you a $100 profit. You also get your stake back when your bet is successful, so you would be returned $280 in this example.
If the odds start with a plus sign, it tells you the potential profit you stand to earn from a $100 bet. A $100 wager at +155 would earn you a $155 profit. Your return would therefore be $255, as you get your stake back.
In this example, a $20 bet on Winnipeg would earn you a $11.11 profit, whereas a $20 bet on Hamilton would earn you a $31 profit. The larger potential profit on the Tiger Cats tells you that it is the underdog and has a lower implied probability of winning this CFL game.
A point spread gives the supposedly stronger team a handicap in order to even things out. Let’s say the Calgary Stampeders are playing the Saskatchewan Roughriders in a CFL Grey Cup game. The oddsmakers have decided to make Calgary the -410 moneyline favorite and Saskatchewan the +330 underdog.
If you think the Stampeders will win, a $20 bet would only earn you a $4.88 profit, so you would probably decide to check out the point spread instead in order to gain more value. In this instance, you would expect to find Calgary as the 8.5-point favorite. If you bet on Calgary to cover the spread, it would need to win by 9 or more points for your bet to be successful.
That makes things harder for bettors, but your reward is a much higher potential payout. You usually get odds of -110 on a team to cover the spread. Some of the best sportsbooks offer reduced juice, so you might find odds of -105 on either team covering the point spread, but -110 is the industry standard. A $20 bet at -110 earns you $18.18, which is a lot higher than the $4.88 available on the moneyline.
You could alternatively back Saskatchewan to cover the 8.5 point spread. In that case, the Roughriders could win the game or lose by up to 8 points and your bet would pay out. That makes it easier for the bettor, but you would not be paid out as much as you would receive by backing Saskatchewan on the moneyline.
This is a popular sports betting option that does not require bettors to predict the result of the game. You simply have to guess the cumulative points scored by both teams in a CFL game. You might find the total points line set at 51.5 when the British Columbia Lions play the Edmonton Eskimos.
If you bet on over 51.5 points, you simply want there to be 52 or more points in the game, regardless of which of the teams ends up winning. It could finish 47-42 to the Lions or 31-24 to the Eskimos, and you would be paid out either way. You generally find odds of -110 on over or under, but sometimes you might find -105 lines, known as nickel lines.
Bettors can use our CFL odds page to find money lines, spreads and totals for either half or a particular quarter of the game. If you visit the best sportsbooks, such as Caesars, FanDuel, and DraftKings, you should find plenty more betting options on all the games taking place in Canada.
You will of find an alternative point spread line or totals line, which skews the odds in different directions. These sites also provide plenty of prop bets on games. You might decide to bet on over 2.5 touchdowns in a clash between the Toronto Argonauts and the Montreal Alouettes, or that the Ottawa Redblacks running back will pick up under 45 yards in a Grey Cup game, or the longest field goal.
You should also be able to find a number futures betting options, such as which team will win the Grey Cup, the winners of the divisions and individual awards.
The examples provided above teach sports betting novices how to understand American odds. However, many people prefer decimal odds, particularly in Canada. Decimal odds tell you the return you stand to make if your bet is a winner.
If you see odds of 1.91 on a team to cover the spread in a Canadian Football League game, that tells you to expect a return of $1.91 for every $1 wagered if your prediction is successful. That include a profit of $0.91 and the return of your $1 stake. Odds of 1.91 therefore correspond to American odds of -110.
The best CFL betting sites will cover each game in extensive detail. You should find competitive odds on the moneyline, spreads, totals and various props, plus a number of exciting prop bets.
They should also cover NFL action in great detail, as the vast majority of CFL fans love betting on NFL odds too. They should also offer great football betting promo codes and daily betting offers.
We provide and free NFL picks and best bets today, as we know how popular the league is, particularly at Super Bowl time. Make sure to get an early start on Super Bowl betting and check out our Super Bowl betting sites and Super Bowl betting promos.
You should also enjoy the best sportsbook promos, lucrative promotions, great customer service, a variety of banking methods, appealing betting limits and an excellent user experience. The sport betting sites listed on this page are all trustworthy and legit, and most run competitive bonus offers, so you can find the best odds and get involved in the CFL action.
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