With the dust from CFL free agency settling, let's take a look at the latest Grey Cup odds
The pregame narrative: The Winnipeg Blue Bombers are the favourites to win it all, while the Toronto Argonauts aren't too far behind. The Hamilton Tiger-Cats are an intriguing pick after an active offseason.
Find our Grey Cup odds below.
Grey Cup odds
Check out the latest odds to win the Grey Cup. Click linked odds to add selection to your betslip.
| Team | Odds (Mar. 19) | Odds (Feb. 17) |
| Winnipeg Blue Bombers | +200 | +200 |
| Hamilton Tiger-Cats | +450 | +900 |
| Toronto Argonauts | +500 | +400 |
| B.C. Lions | +550 | +400 |
| Calgary Stampeders | +600 | +600 |
| Montreal Alouettes | +1,100 | +1,000 |
| Saskatchewan Roughriders | +1,200 | +1,150 |
| Ottawa RedBlacks | +1,700 | +1,700 |
| Edmonton Elks | +2,000 | +2,000 |
CFL odds as of 1:55 p.m. on 03/19/2023.
Best CFL Grey Cup odds
The favourite: Blue Bombers (+200)
Even though the Blue Bombers lost the Grey Cup to Toronto last year, they're the betting favourite to bring it home in 2023.
Most of the core is coming back. Almost all starters on offence and defence are returning with the exception of centre Michael Couture and defensive tackle Casey Sayles. The continuity on defence is noteworthy, as the unit was the league's best in 2022.
Winnipeg even made a splash in free agency, bringing back receiver Kenny Lawler after he left the team for one year to play on the Edmonton Elks.
Lawler had 1,014 receiving yards on the Blue Bombers in 2021.
Most importantly, back-to-back CFL Most Outstanding Player Zach Collaros returns under centre. The quarterback is coming off a season where he set career highs in passing yards (4,183) and touchdowns (37).
The Blue Bombers have been to three straight Grey Cups, winning back-to-back titles before last season's loss to Toronto.
Other Grey Cup choices
Best value: Argonauts (+500)
Toronto has the shortest odds of any team from the East, but there's some reason for pause after recent news.
Quarterback McLeod Bethel-Thompson is leaving the CFL to play for the USFL's New Orleans Breakers. His absence leaves a sizeable hole at QB for the Argos, one that'll likely be filled by backup Chad Kelly.
The Argonauts were able to retain one important part of their offence, though, with Andrew Harris coming back to the Double Blue for his final season.
The talented veteran running back totalled 97 yards and a touchdown on 19 carries in Toronto's two postseason games last year after returning from a torn pectoral muscle.
On defence, Toronto also acquired three impactful players: Adarius Pickett, Folarin Orimolade and Jordan Williams.
The Argos will benefit from playing in a wide-open East Division, and their status as the defending champs makes them a nice pick to win it.
Team to watch: Tiger-Cats (+450)
With the 110th Grey Cup being played at Tim Hortons Field in Hamilton, the Tiger-Cats are putting themselves in a position to be there.
They started their roster reconstruction by making arguably the biggest move of the offseason in adding Bo Levi Mitchell.
The two-time CFL Most Outstanding Player comes via the Calgary Stampeders after they traded his rights to Hamilton, electing to go with Jake Maier under centre instead.
Hamilton hasn't stopped there. The squad has signed key free agents Kwaku Boateng, James Butler, Joel Figueroa, Casey Sayles, Jameer Thurman and Duke Williams.
If all of this talent is able to mesh together, the Tiger-Cats may just be the team to beat in the East.
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