2022 Grey Cup Odds: Blue Bombers Get Thumped, Still Heavy Faves

The Winnipeg Blue Bombers remain the team to beat as they pursue a third consecutive Grey Cup championship. 

Week 15 proved to be a wild ride, with Winnipeg getting slapped around by the Hamilton Tiger-Cats, and BC pulling off the overtime upset against the Stampeders in Calgary.

Check out the latest 2022 Grey Cup odds below.

2022 Grey Cup odds

Odds courtesy of bet365 as of September 19, 2022.

Winnipeg Blue Bombers (-110)

Coming as a shock to no one, the Winnipeg Blue Bombers are the betting favorites for the 2022 Grey Cup, available at +110. They entered the season looking to three-peat after winning their 12th Grey Cup back in December, successfully defending their 2019 title. 

The Blue Bombers have the best record in the CFL at 12-2, but are coming off of a beating at the hands of the Tiger-Cats. This marks Winnipeg's first loss since Week 10, where it fell 2-17 to Montreal.

The Bombers have no reason to hit the panic button yet and will look to bounce back in Week 17 with a bye week coming up.

BC Lions (+400)

It wasn't looking good for the Lions, but a massive overtime win in Calgary over the weekend has shot BC back up the board to +400. The Lions now stand at 9-3 and will look to become the second 10-win team with a win in Week 16's game against the Stamps.

Toronto Argonauts (+450)

Sitting in the No. 3 spot on the board are the Toronto Argonauts who are winners of three straight and on top of the East division. The Argos' recent play has now set them up to be +450, with a chance at rising if they can continue their winning ways.

Week 15 gave Toronto a bye, but it will face the Redblacks next weekend in a rematch from Week 14.

Past Grey Cup winners

As noted above, having such a small league and lots of player movement promotes a lot of parity among the teams. Seven of the nine current CFL clubs have won a Grey Cup over the last 10 seasons.

The Toronto Argonauts have the most Grey Cup titles in league history with 17, while the Winnipeg Blue Bombers lead the CFL with 26 Grey Cup appearances.

Understanding CFL futures

Sportsbooks release CFL futures odds shortly after the end of the previous football season. Picking the outright winner of the Grey Cup is one of the only other ways to wager on CFL futures. During the offseason and preseason, you'll be able to get a nice plus-money price on basically any team in the CFL as there is so much uncertainty around what will happen next year, particularly in a league with only nine teams.

CFL futures odds will usually look like this:

• Hamilton Tiger-Cats +285

This means that on a $100 bet, you'll stand to profit $285 should Jeremiah Masoli and co. capture their first Grey Cup title since 1999. If it's close to the end of the season or one team is simply that dominant, you might see a minus sign (-) ahead of their odds.

• Saskatchewan Roughriders -175

This means that you would need to bet $175 to win $100 if Saskatchewan wins the Grey Cup.

Of course, futures odds are a fluid market. They can change every day based on news, injuries, suspensions, etc. And they will certainly change based around big CFL events, such as free agency or the draft.

All the odds seen above are in American format. If you find decimal format or fractional format easier to read, simply convert the odds using our simple odds converter tool.

Grey Cup Title Odds FAQs

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