Winnipeg Blue Bombers featured in 2024 Grey Cup odds and picks

Grey Cup Odds: Winnipeg Early Favorites Despite Last Two Championships

The Winnipeg Blue Bombers are +200 favorites to win the Grey Cup this year. Shocker. But, if there's one thing last season proved, it's to never count out the underdogs.

The Alouettes sat as middling +1200 Grey Cup favorites ahead of last season. A touchdown in the final 15 seconds gave Montreal the thrilling 28-24 victory over Winnipeg, pulling off the impossible to hoist their first trophy since 2010. 

Follow along for all our CFL betting action and be sure to check out our CFL weekly picks page.

where is the grey cup being hosted?

This season’s Grey Cup, which is Canadian football’s Super Bowl, will be held in Vancouver, British Columbia at BC Place, the home of the BC Lions. The 111th title will be given out on Sunday, November 14th, 2024.

Who Is Favored to Win The 111th Grey Cup?

Odds To Win CFL - Grey Cup 2024
Winnipeg Blue Bombers+250
Toronto Argonauts+300
British Columbia Lions+550
Montreal Alouettes+550
Calgary Stampeders+800
Hamilton Tiger-Cats+800
Edmonton Elks+1200
Saskatchewan Roughriders+1200
Ottawa REDBLACKS+2500

Odds as of April 1st, 2024 12:22pm EDT.

2024 Grey Cup Champions Picks & Best Bets

Let's lock in some early picks:

Winnipeg Blue Bombers (+200)

The Bombers have been defeated in back-to-back Grey Cup finals but somehow their resume keeps them favored. 

Zach Collaros remains one of the greats, tossing a career-high 4,252 yards. But, we also saw the 35-year-old look shaky in moments too with another career-high 15 touchdowns. 

In 2022, Winnipeg was gunning for a three-peat and weren't able to get the job done. But, the same group continues returning hoping to reignite the dynasty. 

toronto argonauts (+225)

Nobody was expecting the Argos to falter in the Eastern Division finals, courtesy of an abnormal nine turnovers. 

However, I think a torch is being passed over to Chad Kelly, who is now the highest paid quarterback in the league. A story broke earlier this year about a former Argos employee stating Kelly allegedly harassed her last season, with the issue flaring up in November -- around the same timeline when Toronto was upset by Montreal. No further development of the story has followed and Kelly remains QB1.

Toronto's ground attack will stay lethal as Kelly's pocket navigation shined with 248 yards and eight touchdowns. Not to mention, AJ Ouellette earns credit as one of the best running backs in the league. He rushed for over 20 yards on 10 different occasions and averages 5.7 yards per attempt.

BC Lions (+600)

Have no fear, the perfect storyline is still plausible as Vernon Adams Jr. signed a one-year extension to return for the upcoming season. Yup, the Lions have the opportunity to win the Grey Cup at home. 

The Oregon product sat comfortably in the top three for quarterback yards (4,769), touchdowns (23) and QBR (105.5).

BC is always reliably consistent on both sides of the ball. The Lions will remain contenders throughout the season and perhaps hosting the championship will give them some extra momentum in the playoffs.  

Last 10 Grey Cup Champions

Grey Cup Champions over The last Decade
YearChampionsFinal ScoreRunner-Up
2023Montreal Alouettes28-24Winnipeg Blue Bombers
2022Toronto Argonauts24-23Winnipeg Blue Bombers
2021Winnipeg Blue Bombers33-25Hamilton Tiger-Cats
2019Winnipeg Blue Bombers33-12Hamilton Tiger-Cats
2018Calgary Stampeders27-16Ottawa Redblacks
2017Toronto Argonauts27-24Calgary Stampeders
2016Ottawa Redblacks39-33Calgary Stampeders
2015Edmonton Eskimos26-20Ottawa Redblacks
2014Calgary Stampeders20-16Hamilton Tiger-Cats
2013Saskatchewan Roughriders45-23Hamilton Tiger-Cats

2020 season was cancelled due to Covid-19.

With another championship in 2022, the Argos now have 18 Grey Cups in their trophy case, the most by any team in the league. The Edmonton Elks, despite winning just once in the last decade, have the second-most with 14. The Bombers, whose recent back-to-back wins boosted their total championships to 12, have appeared in 27 Grey Cups – the most of any team.

Other CFL Futures

Looking for more action in the form of CFL futures bets? Online sportsbooks will offer odds for you to bet on division winners, Most Outstanding Player and Most Outstanding Canadian. If you are looking to bet on CFL odds, be sure to check out our CFL betting odds, picks and more so you can win big on the Canadian Football League this season.

CFL Grey Cup Odds FAQ

How do Grey Cup futures work?

CFL futures bets are long-term wagers on which team you think will win the Grey Cup. If you want to skip the weekly wagers on individual games and cut right to the most important match of the season, a Grey Cup futures bet can be a profitable and fun way to stay connected with the CFL all year long.

How do I bet on the CFL final?

You can easily place a bet on the CFL final, any CFL game, or a Grey Cup future at any online sportsbook. Choose whatever betting site is best for you, take advantage of a sign-up bonus to get some free cash or a free bet, and pick what team you think will win the Grey Cup this year.

Was there a 2020 CFL season?

The 2020 CFL season was canceled due to the COVID-19 pandemic and, for the first time in over 100 years, the Grey Cup was not awarded. The Hamilton Tiger-Cats were favored to win the 2020 title before the campaign was canceled amid the global pandemic. The 2021 season got underway in early August and concluded with the Winnipeg Blue Bombers winning the Greg Cup.

Who Won The 2022 Grey Cup?

In a 24-23 finish, the Toronto Argonauts defeated the Winnipeg Blue Bombers to hoist the 109th Grey Cup. In Regina, Saskatchewan, the Argos denied the Bombers a historic three-peat, a feat which hasn't been accomplished in over four decades since the Edmonton Elks in 1982.

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