Winnipeg Blue Bombers favored to win CFL Grey Cup in 2024

  • Winnipeg (+250) is favored to win its third CFL Grey Cup title in five seasons  
  • Argos (+300) quarterback Chad Kelly will miss at least nine regular-season games with a suspension 
  • The BC Lions (+550) have built an elite offense around dual-threat QB Vernon Adams Jr.

The 2024 CFL season will kick off on Thursday, June 6th with a Grey Cup rematch between the reigning champion Montreal Alouettes and the Winnipeg Blue Bombers, who have appeared in four-straight Grey Cup finals. For the first time since COVID, teams will play a balanced schedule. All nine clubs will visit each market with games taking place Thursday, Friday, Saturday and Sunday all summer long.

Before we examine the futures for the Canadian Football League, check out all the Sports & Competitions to bet on in 2024. Here’s also where you can see the latest Sports Betting Odds & Picks.

2024 Grey Cup Winner

TeamBetOnline ReviewBovadaMyBookie Review
Winnipeg Blue Bombers+250+250+250
Toronto Argonauts+300+300+300
BC Lions+550+550+550
Montreal Alouettes+550+550+550
Calgary Stampeders+800+800+800
Hamilton Tiger-Cats+800+800+800
Edmonton Elks+1200+1200+1200
Saskatchewan Roughriders+1200+1200+1200
Ottawa Red Blacks+2500+2500+2500

Blue Bombers favored

After winning back-to-back championships, Winnipeg (+250) has been upset in the Grey Cup final in consecutive seasons. One year after falling to Toronto in the big game, they lost 28-24 to Montreal when the Alouettes scored a touchdown with just 15 seconds remaining.

Two-time Most Outstanding Player, Zach Collaros, will be back under center at age 35. The Blue Bombers re-signed all-star receiver Dalton Schoen, who’s racked up 2,600 yards and 26 touchdowns in his first two seasons. 2023 CFL rushing leader Brady Oliveira is also back in the fold, however, the club lost stalwart offensive lineman Jermarcus Hardrick in free agency.

Chad Kelly suspended

Can Toronto (+300) tread water for half a season without starting quarterback Chad Kelly? The 2023 CFL Most Outstanding Player was suspended for at least nine games after a league investigation found him guilty of sexually harassing a former strength-and-conditioning coach.

Sophomore QBs Cameron Dukes and Bryan Scott will compete for the starting gig, but both played sparingly last year as Kelly led the Argonauts to a league-best and franchise-record 16-2 mark.

Winnipeg Blue Bombers2024 Grey Cup Champion
★★★★★
+250
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Montreal Alouettes2024 Grey Cup Champion
★★★★★
+550
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Can the Alouettes repeat?

Montreal (+550) closed last season with eight straight victories. Two-time champion Cody Fajardo is back after passing for 290 yards and three TDs in the Grey Cup upset of the Bombers. The 31-year-old quarterback had a CFL-best 71.6 completion percentage in 2023, throwing for 3,847 yards with 14 TDs and 12 INTs in 16 starts.

Best Longshot

Edmonton (+1200) would likely be satisfied with a playoff berth given that they haven’t made the postseason since 2019. However, after tying for last (4-14) in 2023, they brought in free agent McLeod Bethel-Thompson. In his last season in the CFL in 2022, the QB led the league with 4,731 passing yards. The Elks also acquired two-time East Division All-Star Kurleigh Gittens Jr. and signed Eugene Lewis to give MBT two elite pass-catching threats.

Best Bet

British Columbia (+550) fell to the Bombers in last year’s Western final after a 12-6 season. The Lions lost the CFL’s Most Outstanding Defensive Player Mathieu Betts to the NFL. But, their offense looks explosive with dual-threat QB Vernon Adams Jr., 2021 rushing champion William Stanback and a loaded receiving corps featuring Jevon Cottoy, Alexander Hollins and Keon Hatcher.

BC Lions2024 Grey Cup Champion
★★★★★
+550
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Steve Starr

Highly analytical and results-driven Sports Betting Expert with over 20 years of experience in sports analytics, betting strategy development, and risk management. Proven track record of leveraging statistical models and market analysis to achieve consistent profitability in sports betting. Adept at using data-driven insights to forecast outcomes, identi...

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