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Winnipeg Blue Bombers favored to win 2022 Grey Cup odds

The Winnipeg Blue Bombers (12-2) were the first CFL team to punch its ticket to the playoffs after a win against the Saskatchewan Roughriders (6-8) in Week 14.

Despite being handed their second loss of the year the following week, Winnipeg has maintained a large lead on the Grey Cup oddsboard all season long in its bid to claim a third straight Grey Cup championship. 

After that loss in Week 15, Winnipeg’s CFL Grey Cup odds have jumped slightly to +125. I expect this will be one of the last weeks that Winnipeg offers plus-money value. 

The Calgary Stampeders (+400) and Toronto Argonauts (+400) follow the Bombers on the oddsboard with both squads clinching spots in postseason play last week. Meanwhile, the B.C. Lions (+500) have dropped significantly since QB Nathan Rourke was injured in Week 11 but they have also secured a playoff berth thanks to their success in the first half of the season. 

Online sportsbook BetOnline Sportsbook has all of the up-to-date 2022 Grey Cup odds. The two-time defending champion Blue Bombers continue to hold the No. 1 spot in the odds to win the Grey Cup at +125. 

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For even more CFL betting action, be sure to check out our CFL weekly picks page.

Find complete Grey Cup odds below and head over to our CFL Betting Guide to help inform your bet strategy:

2022 Grey Cup Odds

Odds To Win the 2022 Grey cup
TeamOdds
Winnipeg Blue Bombers+125
Calgary Stampeders+400
Toronto Argonauts+400
B.C. Lions+500
Saskatchewan Roughriders+1000
Montreal Alouettes+1200
Hamilton Tiger-Cats+4000
Edmonton Elks+10000
Ottawa Redblacks+20000

Odds as of September 27 at Bodog

Looking at the CFL Grey Cup odds for 2022, our sports betting calculator tells us that the Blue Bombers’ odds of +125 represent an implied win probability of 44.44 percent.

Want to bet on the Grey Cup but don’t know where to start? Check out our How to Bet CFL guide to help you get in the action. Also, our sportsbook review page is a useful tool in choosing where to bet on the Grey Cup.

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Luck Appears On The Bombers’ Side

For a time, Winnipeg was in a pivotal spot after having its undefeated record snapped in August. Then, they had to prepare for a second half to the season filled with challengers, but the Bombers regrouped from the loss and watched their competitors begin to fall. 

All season, Winnipeg’s biggest challenger appeared to be B.C. (9-4), with the Lions previously closest in the standings and with Rourke dominating the league in his first season as a CFL starter. 

Then Rourke sprained his right foot, an injury that is expected to keep him sidelined until the end of the regular season or the beginning of the playoffs. That made things much easier for Winnipeg. 

The Bombers took down their second-toughest competitor, the Stamps, by sweeping the regular-season series for the first time since 1987. 

QB Zach Collaros, a CFL Most Outstanding Player contender, has put up the best numbers of his decade-long career, throwing for over 3,500 yards and collecting 28 touchdowns so far. 

Winnipeg’s next goal is clinching a postseason contest at IG Field. Two scenarios would give them that advantage – a victory in this week’s matchup against the Roughriders or a Stamps loss at McMahon Stadium in their game against the Argos (8-5). 

Grey Cup Odds Value Pick: Calgary Stampeders (+400)

Calgary (9-5) has also benefited from B.C.’s string of injuries that have taken the roar out of the Lions. 

The Stampeders offense has recently become the best in the league, now averaging 30.9 points per game. The defense is their Achilles heel, giving up a middling 23.5 points. 

In Week 12, the Stamps chose to replace starting veteran QB Bo Levi Mitchell with backup Jake Maier and he’s been getting the job done. 

Last week, they took a 25-11 win to close out the season series against the Lions. Maier connected on 27 of 33 tosses for 294 yards. 

It’s a pretty solid move to have a backup quarterback feeling the momentum while also keeping the veteran star on the bench who knows his role and can shake off any nerves if called upon in playoff battle. 

The Stamps host the Argos this week and their odds could potentially shorten with a win against another playoff-bound team that shares the same +400 odds. The value is definitely there and ready to be pounced on, though it could be short-lived. 

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Other CFL Futures

Looking for more action in the form of CFL futures bets? At the top sportsbooks, you can bet on division winners, Most Outstanding Player odds and the Most Outstanding Canadian award. 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 of Odds Shark's top sportsbooks. 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.