2023 CFL Grey Cup Odds: Blue Bombers Favoured to Claim 13th Grey Cup

Get the Latest Grey Cup Odds ahead of the 2023 CFL Season!

Who’s the Favourite to Win the 2023 Grey Cup?

The long wait is over, the CFL is finally back this week! That means the return of highlight reel touchdowns, bone-jarring hits, and unforgettable moments that you can only find while watching the action unfold in the CFL.

Ahead of the 2023 CFL season, here at Canadian Sports Betting, we are bringing you the latest odds and analysis on who will earn the ultimate prize in Canadian football, the Grey Cup. With each team on equal footing ahead of the opening day kickoff, this year’s championship is truly up-for-grabs.

Below you will find the latest 2023 Grey Cup odds as well as in-depth analysis on the top two contenders vying for the 110th Grey Cup. If you’re interested in placing a bet on who will win the Grey Cup this season, be sure to check out the best online sports betting sites in Canada to throw down your wagers with.

Check out the latest Grey Cup odd for each CFL franchise in the table below and place your CFL futures bet with any of the top online sportsbooks in Ontario found in the banners below to net your next payday!

2023 Grey Cup Odds

Winnipeg Blue Bombers+225
Toronto Argonauts+500
Hamilton Tiger-Cats+550
BC Lions+550
Calgary Stampeders+650
Saskatchewan Roughriders+1200
Montreal Alouettes+1200
Ottawa Redblacks+1500
Edmonton Elks+2000

Odds Courtesy of DraftKings Ontario Sportsbook as of June 7th

Winnipeg Blue Bombers (+225)

After coming up short in last year’s Grey Cup championship game, the Winnipeg Blue Bombers enter the 2023 CFL season as strong favourites to recapture the top prize in Canadian football. Having reached the Grey Cup Final in three straight seasons, it’s no wonder why oddsmakers have the Blue Bombers circled as the team to beat heading into this year’s campaign.

Led by star quarterback Zach Collaros, look for the Blue Bombers to once again enforce an onslaught of offence against their opponents as they cruise to several blowout victories throughout the season. With a championship pedigree and a hunger to redeem themselves for their shortcomings a season ago, the Blue Bombers are certainly legitimate Grey Cup contenders.

At +225 odds, the Blue Bombers are a great bet to make heading into the 2023 CFL season. Be sure to snag this sensational value before the season kicks off, earning you a major potential payday once this season comes to a close.

Check out the latest Grey Cup Odds at BetMGM Ontario and strike while the irons hot on the Blue Bombers to win it all this season at an increased +300 odds!

Toronto Argonauts (+500)

Holding the second-best 2023 Grey Cup odds entering into this season, the defending champion Toronto Argonauts are a terrific look for bettors placing futures bets on the CFL. Playing in a weaker division compared to the leading Blue Bombers, the Argos could be positioned to cruise their way back to the Grey Cup Final once again this season.

After further adding to their lead as the CFL franchise with the most Grey Cup victories, you can never count out the ability of the Argonauts. With star players returning this season such as Chad Kelly and Henoc Muamba, look for the grit-and-grind Argonauts game plan to once again wreck havoc throughout the CFL this season.

At +500 odds, there is no shortage of value to be found around the defending Grey Cup champs. Back the Argos to go back-to-back for the first time since the 1996-97 seasons, and net yourself a handsome payout thanks to this juicy CFL futures wager.

Still not convinced by the Argos chances to go all the way? Then head to Unibet Ontario today and you can get bet them to win the East Division at +200 odds, picking up great value while still backing them to perform well within their own division.

Where to Bet on the 2023 CFL Season

Now that you’ve seen who’s favoured to capture the 2023 Grey Cup, why not hone in on the opening week of action by placing bets on each matchup with the best CFL betting sites!

After carefully and thoroughly vetting the top online sportsbook in Canada, we’ve compiled the best CFL betting sites into one place so you can find the bookmaker that’s right for your sports betting needs. Check out our in-depth sportsbook reviews, sign up using the links provided on-site, and place your first bet on the opening week action of the 2023 CFL season!

Want more CFL betting news? At Canadian Sports Betting, we provide you with the best bets and sports gambling advice on all the biggest games and events.

Follow us on Twitter @cdnbetting and TikTok @canadiansportsbetting for exclusive picks you won’t find anywhere else.

Matt Eichhorn

Matt Eichhorn

Having worked in the Sports Gambling industry since 2020, Eichhorn has expertise in all things sports betting. With experience covering various major North American sports leagues he has a wide array of knowledge to draw from when crafting his work.