2024 Grey Cup Odds: Argos, Blue Bombers Favorites Ahead of Season
The CFL season is less than two months away and the Toronto Argonauts and Winnipeg Blue Bombers are the favorites by the 2024 Grey Cup odds from our best sportsbooks in Canada.
The 2023 Grey Cup saw an unexpected winner with the Montreal Alouettes taking home the CFL title for the first time in over a decade. The Alouettes did it by knocking off the two favorites by our best sports betting apps in Canada to win it all.
First, Montreal beat the Toronto Argonauts on the road in the East Final 38-17 and then upset the Winnipeg Blue Bombers 28-24 in the Grey Cup. While the Alouettes are the reigning champs in Canada, it's the Argos and Bombers who are favored to win it all in 2024.
Here is our breakdown of the best 2024 Grey Cup odds (odds via our best betting sites in Canada).
Grey Cup odds 2024
(Odds updated April 10)
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Argonauts | +225 | +240 🔥 | +225 | +225 | +225 |
| Blue Bombers | +250 | +210 | +260 🔥 | +200 ❄️ | +210 |
| Lions | +650 | +650 | +650 | +600 | +600 |
| Alouettes | +700 | +900 🔥 | +725 | +600 | +600 |
| Stampeders | +1000 | +1800 🔥 | +1100 | +1000 | +1600 |
| Tiger-Cats | +1200 | +950 ❄️ | +1200 | +1200 | +1500 🔥 |
| Elks | +1500 | +2100 | +1500 | +2500 🔥 | +1500 |
| Roughriders | +1800 🔥 | +1000 | +1200 | +1200 | +1000 |
| Redblacks | +3000 🔥 | +1900 | +2500 | +2800 | +1500 ❄️ |
Favorites to win 2024 Grey Cup
Argonauts (+240 via FanDuel)
It was supposed to be the Argos' year in 2023. There was some uncertainty entering the season after Toronto won the Grey Cup in 2022, with quarterback McLeod Bethel-Thompson opting to play in the newly formed USFL. But waiting in the wings behind him was former NFL QB Chad Kelly, who took the league by storm.
Kelly led the Argos to a CFL-best 16-2 regular season record on his way to winning CFL Most Outstanding Player. However, an ugly performance from Kelly in the East Final against Montreal ended Toronto's season. Despite the loss, the Argos look built to win a championship under head coach Ryan Dinwiddie.
A former CFL QB himself, Dinwiddie has led Toronto to a 36-14 record in three seasons with a Grey Cup to his name already. His roster once again is loaded with Kelly back and five other returning CFL East All-Star's on offense.
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Blue Bombers (+260 via BetMGM)
Much like the Argos, the Blue Bombers had their championship aspirations destroyed by Montreal. Winnipeg put together the best record in the West at 14-4 and head coach Mike O'Shea looked poised to win his second Grey Cup as the Blue Bomber's bench boss. But despite falling short, Winnipeg is in perfect position to reach the big game yet again.
At this point it would be silly to bet against O'Shea reaching the Grey Cup, he's led Winnipeg to four straight championship appearances, winning two. He also has a veteran roster returning led by QB, and two-time Most Outstanding Player, Zach Collaros and running back Brady Oliveira, last year's Most Outstanding Canadian. No wonder Winnipeg has the shortest odds at three of our best sports betting sites.
Alouettes (+900 via FanDuel)
The Alouettes aren't supposed to win the Grey Cup this year, but that didn't stop head coach Jason Maas last year from bringing Montreal its first title since the Anthony Calvillo days. Of course, Maas has Calvillo as his offensive coordinator and the two seem to be capable of getting the best out of veteran QB Cody Fajardo.
After throwing for just 14 touchdowns in 16 starts last season, Fajardo went off in the playoffs with six TD passes in three playoff games on his way to winning Grey Cup MVP. Another year with Maas and Calvillo to tutor him will serve him well. The main concern is losing go-to receiver, and CFL All-Star, Austin Mack to the Atlanta Falcons.
Past Grey Cup winners
| Year | Team | Runner-up |
|---|---|---|
| 2023 | Alouettes | Blue Bombers |
| 2022 | Argonauts | Blue Bombers |
| 2021 | Blue Bombers | Tiger-Cats |
| 2020 | Cancelled | |
| 2019 | Blue Bombers | Tiger-Cats |
| 2018 | Stampeders | Redblacks |
| 2017 | Argonauts | Stampeders |
| 2016 | Redblacks | Stampeders |
| 2015 | Elks | Redblacks |
| 2014 | Stampeders | Tiger-Cats |
Grey Cup FAQs
Who are the Grep Cup favorites?
The Winnipeg Blue Bombers and Toronto Argonauts are the Grey Cup favorites. The Blue Bombers odds are as short as +210, which implies a 32.26% probability they'll win the Grey Cup, according to our odds calculator. The Argos odds are as short as +225, which implies a 30.77% probability they'll be crowned the champs.
Who won the Grey Cup last year?
The Montreal Alouettes defeated the Winnipeg Blue Bombers 28-24 in the 100th Grey Cup at Tim Hortons Field in Hamilton, Ont.
It was Montreal's first Grey Cup victory since the 2010 season.
When will the 2024 Grey Cup be played?
The 111th Grey Cup will be played Sunday, Nov. 17.
Where will the 2024 Grey Cup be played?
The 111th Grey Cup will be played at BC Place in Vancouver, B.C. It will be the 17th time Vancouver has the championship game and first since 2014.
How to watch the 2024 Grey Cup
RDS and TSN will broadcast the 111th Grey Cup, respectively, in French and English.
CFL betting odds pages
| Grey Cup Odds | Most Outstanding Player Odds |
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- DraftKings Promo Code | Read our DraftKings Review
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Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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