CFL Grey Cup Odds 2023: Blue Bombers Remain Betting Favorites

There hasn’t been any changes atop the odds boards, as the Winnipeg Blue Bombers opened and remain the betting favorites to hoist the 110th Grey Cup at Tim Hortons Field in Hamilton, ON. Here’s our analysis of the favorites, contenders, and long shots to win the 2023 Grey Cup based on the odds from our best sportsbooks.

Winnipeg suffered a heartbreaking 1-point loss in the 109th Grey Cup, but the Bombers are right back atop the odds list to make their fourth straight title appearance and win it all for the 13th time in franchise history.

The West Division features each of the three teams with the shortest odds to win the 2023 Grey Cup. Meanwhile, the 2022 champion Toronto Argonauts and Hamilton Tiger Cats are tied with the lowest number from the East Division.

Here is our preview of the best odds for the 2023 CFL Grey Cup, along with a look at some potential picks (odds via our best sportsbooks).

CFL Grey Cup odds 2023

(Grey Cup odds accurate as of March 9).

Check out our 2024 Super Bowl odds and our 2023 XFL Championship odds.

CFL Grey Cup odds 2023: Favorites

Winnipeg Blue Bombers (+250 via PointsBet)

The Bombers entered the 2022 season as back-to-back champs and almost pulled off the three-peat last year after winning a franchise-high 15 regular season games. Winnipeg is first on the odds list to win the 2023 Grey Cup, and two-time CFL Most Outstanding Player Zach Collaros is set to lead the offense following another sterling season.

CFL Grey Cup odds 2023: Contenders

BC Lions (+500 via bet365)

With quarterback Nathan Rourke signing an NFL reserve/future contract with the Jacksonville Jaguars, the Lions have an opening at their most important position. BC signed veteran signal caller Dominique Davis, and traded for QB Dane Evans, but it could prove difficult to repeat a second-place finish in the tougher West Division.

Hamilton Tiger Cats (+900 via Caesars)

The acquisition and signing of veteran QB Bo Levi Mitchell made headlines, and the two-time Grey Cup winner gives the Ticats a puncher’s chance to take a run at their first championship since 1999. Hamilton showed signs by sneaking into the postseason last year with four consecutive wins before bowing out to the Montreal Alouettes in the Division Semifinals.

CFL Grey Cup odds 2023: Long shots

Montreal Alouettes (+1200 via bet365)

The Als improved as the 2022 season played out and capped off the year with an 8-3 run before losing to the Toronto Argonauts in the Division Finals. Montreal brought in new head coach Jason Maas in December, and if all goes according to plan, the Alouettes will take a run at winning the East Division in ‘23.

Saskatchewan Roughriders (+1300 via bet365)

Everything went wrong for the ‘Riders last year following a 4-1 start, and in particular, inconsistent quarterback play from Cody Fajardo led to Saskatwhewan ranking third last in scoring and last in yards per game. Going from a Grey Cup hopeful to missing the playoffs didn’t sit well with the passionate Prairie fanbase.

CFL Grey Cup FAQs

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 sportsbooks:

• FanDuel: No Sweat First Bet Up to $1,000 | Read our FanDuel Review
• Caesars: Earn Up to a $1,250 Bet Credit | Read our Caesars Review
• DraftKings: Bet $5, Get $150 in Bonus Bets | Read our DraftKings Review
• PointsBet: Earn Five Second-Chance Bets Up to $50 Each | Read our PointsBet Review
• BetMGM: Get a Bonus Bet of Up to $1,000 | Read our BetMGM Review

(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.

Related Pages

• Best Online Sportsbooks | Best Sportsbook Promos (U.S. only)