We're into the second half of the 2023 CFL season and the Toronto Argonauts maintain a narrow lead over the Winnipeg Blue Bombers as the favorites by the Grey Cup odds from our best sportsbooks in Canada.
The Winnipeg Blue Bombers were finally able to enjoy a comfortable win with a 47-17 destruction of the Montreal Alouettes on their home field in Week 12. That has them nipping at the heels of the reigning champion Toronto Argonauts via the 2023 Grey Cup odds from our best sports betting apps.
The main story of Week 12 in the CFL was the Edmonton Elks ending their home losing skid with a win over the Ottawa Redblacks. That seems to say more about the Redblacks than it does about the Elks.
Here is our breakdown of the best 2023 Grey Cup odds (odds via our best betting sites in Canada).
Grey Cup odds 2023
(Grey Cup odds last updated Aug. 28).
Grey Cup betting analysis
As the Grey Cup oddsboard continues to shuffle on a weekly basis, Caesars now stands out by offering the Blue Bombers as the favorites in this futures market, meaning its offering market-high odds on the Argos as the team the rest of our best sports betting sites have pegged as the team to beat in the CFL.
Caesars low price on the Bombers means it's also offering higher odds on the B.C. Lions as the No. 2 team in the West Division. Use our Caesars promo code: SBRBONUS1000 to get the best odds on the Lions.
Grey Cup odds movement
The odds for the Argos and Bombers continue to shorten on a near-weekly basis. That's expected as the each continue to pile up wins and sit safely atop the standings in the East and West Divisions, respectively.
The odds for the Redblacks likely didn't lengthen enough across our best sportsbooks as they fell to 3-8 and remain last in the East Division following an embarrassing loss to the lowly Elks.
Grey Cup odds 2023: Favorite
Argonauts (+180 via Caesars)
The Argos are safely atop the East Division standings and play their next four games against divisional opponents before a much more meaningful test against the Bombers in Winnipeg in Week 17. A loss in that road game may be the next best opportunity to bet on the Argos to win the Grey Cup.
Grey Cup odds 2023: Contender
Blue Bombers (+170 via DraftKings, FanDuel)
Zach Collaros returned to the field in Week 12 and threw for 240 yards and four touchdowns against three interceptions against the Alouettes before being pulled in garbage time of the blowout win.
Winnipeg will play back-to-back games against the rival Saskatchewan Roughriders. Falling to three losses before its next matchup with the Argos will keep its Grey Cup odds elevated despite closing in on a guaranteed playoff berth.
Use our Canada sportsbook promos to make sure you're getting the best possible price on the Blue Bombers.
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CFL betting odds pages
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Grey Cup FAQs
Who is the Grep Cup favorite?
The Toronto Argonauts are favorites for the Grey Cup with odds as low as +175.
Who won the Grey Cup last year?
The Toronto Argonauts defeated the Winnipeg Blue Bombers 24-23 in the 109th Grey Cup at Mosaic Stadium in Regina, SK.
It was Toronto’s first Grey Cup victory since the 2017 season.
When will the 2023 Grey Cup be played?
The 110th Grey Cup will be played Sunday, Nov. 19.
Where will the 2023 Grey Cup be played?
The 110th Grey Cup will be played at Tim Hortons Field in Hamilton, ON. It will be the 12th time Hamilton hosted the championship game and first since 2021.
How to watch the 2023 Grey Cup
RDS and TSN will broadcast the 110th Grey Cup, respectively, in French and English.
Here are our best sports betting apps:
- Caesars Promo Code: SBRBONUS1000 | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.