Understanding CFL Betting Odds
Placing bets on CFL games is very similar to how bettors wager on NFL games. Learning how to read odds is easy. If, for example, Toronto is listed at -3 in a game against Montreal, Toronto must win by four points or more in order for you to collect your winnings. You can also place a bet on the over/under in a game. Let's say the over/under total in a game between Toronto and Montreal is set at 45. If you bet the over, both teams must combine to score 46 points or more in order for you to win the bet. If you pick the under, both teams must combine to score 44 points or fewer to win.
Navigating CFL Betting Odds
CFL Betting odds are available online with most major sports books. If you're don't have an account you can set one up in only a few minutes. Check out a couple of sports books to compare point spreads and CFL betting lines and then make your bet. You can place bets on individual games in a variety of ways. You can bet the traditional point spread, the moneyline and the over/under. Betting the moneyline in CFL games is popular among people new to betting because all you have to do is simply pick the winner of the game. It’s important to do your research before you place your bet. You can find betting trends easily by navigating various web sites that offer free information on teams and coming matchups. For example, you can research how Toronto has fared in recent games in Winnipeg if the Argonauts have an upcoming game there.
- Follow BetMGM sportsbook to stay up to date on odds.
CFL Most Outstanding Player Odds
Chad Kelly of the Toronto Argonauts is looking to defend his title as the CFL’s Most Outstanding Player after he ended the two-year reign of Winnipeg quarterback Zach Collaros, who won the award in 2021 and 2022. It’s smart to place a bet on a quarterback for the CFL’s Most Outstanding Player. In seven of the past eight years, a quarterback has won. Receiver Brandon Banks was the only non-quarterback to win the award in that span, in 2019. Montreal’s Cody Fajardo, who led the Alouettes to their upset victory in the 2023 Grey Cup, also will have some action if he picks up where he left off last season.
CFL Futures Betting Markets
Feel confident about your favorite team heading into the season? Then place a futures bet on the 2024 Grey Cup. Entering the 2024 season, Toronto is the preseason favorite at +200. A $100 bet would net a $200 profit if the Argonauts win the Grey Cup. Montreal came out of nowhere to win the 2023 Grey Cup after a mediocre regular season. Betting on an underdog can yield big returns. For example, the Ottawa Redblacks enter the season at +3000. So a $100 bet would net $3,000 in winnings if Ottawa wins the Grey Cup. The Blue Bombers are close behind the Argonauts at +250 in the preseason odds. The BC Lions (+650) and Alouettes (+750) are next in the odds. If you feel good about a bet now, place it before the season starts. The odds will change often once the season begins, but you can place a futures bet anytime during the season. There are many other futures bets that can be placed, including division winners and postseason awards.
Tips for Successful CFL Betting
As is the case with any sports wager, make informed decisions. There are reputable newspaper web sites and team sites that will keep you abreast of the latest news with every team. Injuries play an important role in team performance so it’s vital to know how coaches plan to approach games when their best players are out of the lineup. Pay attention to trends, too. It’s easy to find information on winning streaks against opponents, how teams fare against the spread and how they perform against the over/under. Knowing small details can help you win big.
CFL Matchups
Did you know Winnipeg averaged 37 points per game in its three-game series against Edmonton last season? The Blue Bombers won all three games. Understanding team matchups is an important aspect of betting successfully on the CFL. Knowing teams inside and out will improve your chances of being a successful bettor. Figuring out why trends develop and whether they’ll continue is key in sports betting.
Where to Bet on the CFL
Since 2021, it has been legal to place bets in Canada. There are numerous online sportsbooks where you can safely place a wager on the CFL. Find a favorite sports book, popular ones include bet365 and DraftKings, that offers great deals and you’re on your way for the 2024 season.
Canadian Football League Betting FAQ
Yes, you can bet on the CFL, and it is legal in Canada.
The moneyline is simply a bet on the team you think will be victorious. No point spreads. Just pick the winner.
Yes, bet365 has odds on CFL games.
Author
Ray has worked in sports journalism for the past 26 years, covering Super Bowls, Stanley Cup Finals, Final Fours and BCS national championship games.
