CFL Odds and Betting Lines

The Basics of Canadian Football League Odds and Bets

There are three main types of betting odds being used to display the probability of an outcome. These are American odds, decimal odds and fractional odds. The majority of online sportsbooks in Canada have decimal odds set as default, but you can always change that according to your personal preferences. Betting markets can often provide you with multiple different outcomes in any given CFL event.

Important things to consider when Betting on CFL in Canada

The CFL is very popular in Canada so naturally every sportsbook available will offer betting markets for CFL events. That being said, there are a few things that you have to keep in mind. There are different restrictions and regulations related to sport betting sites online depending on where you live.

Back in 2021 the federal ban on single-game sports betting was officially lifted, leaving on provincial governments to determine who is authorized to offer sports betting. Each province sets its own rules on gambling and the minimum gambling age now. While most provinces managed to quickly pass laws regarding sports betting and introduce single-game betting , others are still lagging behind and are yet to open up their markets.

Ontario was the first to open up to international sportsbooks. At thus point AGCO has more than 26 sportsbooks approved. The legal sports betting age in Ontario is 19. Several provinces operate their own government-run gambling sites. This leaves residents of provinces like Nunavut and Saskatchewan with no other alternative but to place their CFL bets on offshore CFL sportsbooks.

Types of bets you can find

The CFL is the highest level of competition in Canadian football and offers many different ways to bet on the games. From betting on the point spreads, futures, moneyline and totals there’s enough to keep you busy during the season. Down below we take a peek at some of the more popular types of CFL bets you'll be able to make. Their number and variety depends entirely on the sportsbook.

Moneyline

This is the most basic way to bet on a CFL game. You simply bet on the outright winner of a game. Many people stick to CFL moneyline bets and never bother to check on what else is there, potentially missing on great opportunities.

Spreads

The CFL point spread is the number oddsmakers use as a median between two teams to generate equal betting interest in both of them, especially when one team is a heavy favorite. Sportsbooks tend to move the line when there are too many people betting on the same side of the game. Let's say CGY are playing the TOR. Calgary is listed at -2.5 and Toronto is listed at +2.5. This means that Calgary is the favorite and has to win by 3 points or more to cover the spread. If Toronto manges to win or not lose by more than 2 points, they they would cover the spread.

Totals

Totals or Over/Under is a great way to bet on CFL games. The sportsbook sets a number and your job is to predict whether the final combined score of both teams will exceed or go below that projected total of points.

Parlays

CFL parlay is a bet that combines the predictions for multiple games. This type of betting is very attractive due to its higher payout potential. The more games you add in a single CFL parlay, the higher the payout. The risk, however, also becomes greater, because if any of the games lose, the entire CFL wager is lost.

Prop bets

CFL prop betting is a fun way of betting on CFL. CFL prop bet can be anything that is not directly tied to the outcome of the game. The outcomes of prop bets are often random, which means this type of betting requires mostly luck, while knowledge and understanding of the game are less important.

Future bets

When you make a CFL futures bet, you’re betting on things like who will win the Grey Cup or who will win their division. The Canadian Football League annual awards offer great opportunities for CFL future bets as well as you can bet on who will be winning these awards.

Comparing CFL Odds on Oddspedia will Benefit You

Everyone knows how important odds are. Whenever you are speaking to someone about bets, odds will inevitably be part of that conversation. The greater the odds you are betting on, the greater the potential payout will be. There is also a certain element of pride in placing your bet on better odds than the other guy. Oddspedia offers an easy solution for gamblers who want to be placing their bets on the best Canadian football league odds possible.

Odds Comparison increases your winnings

Before placing each and every bet ideally you want to look through several different CFL sportsbooks and pick the one that provides the best CFL vegas odds for the game. The higher the odds you bet on, the bigger the payout from your winning CFL bets. People rarely do that, however, because doing this for every single game requires a huge amount of time and effort, not everyone is willing to spend. Oddspedia will do that for you. Oddspedia compares the football odds from 80 reliable CFL sportsbooks and shows you where to find the best Canadian Fotoball League odds for the game you have selected. This whole process will only take you seconds and will ensure that you are always getting the most out of your bets.

Oddspedia provides the best CFL odds for Today

Oddspedia draws information from more than 80 sportsbooks and sports betting apps, compares the CFL odds they are offering and shows you the one book that has the best odds for the game you want. This is being done in real time, which means that you are only only seeing the highest possible Canadian Football League game odds at any given moment. This is ideal for when you are betting on today's game.

Odds move whenever a large majority of money has been placed on one side of a single bet, which is common especially right before the game starts. By using Oddspedia you will be able to notice such fluctuations and capitalize on shifting CFL odds.

At Oddspedia, you can also view the available sportsbook bonuses. Below, you'll find the leading sportsbooks you can use for betting on the NBA season:

Specifically catered to bettors in Ontario, we've created distinct rankings featuring Ontario betting sites and trusted Ontario betting apps that comply with local legislation.

Make the Most Out Of Great Odds - CFL Tipsters

Excellent CFL betting odds are essential for wagering on the competition, but to fully capitalize on them, rely on accurate picks. At Oddspedia, our CFL picks are curated by some of the top tipsters in the industry. This ensures you have a solid understanding of the competition's potential outcomes, thereby increasing your chances of placing winning bets.