The CFL is back in action with a full schedule for this 2023 season. The 2023 regular season will begin on June 8th and will run until October 28th, with the playoffs taking place in November and the 110th Grey Cup scheduled for November 19th in Hamilton.
Football in general is a great game to bet on and the quick scoring and unpredictability of CFL games make them perfect for betting entertainment.
This page is meant to act as a beginners guide to betting on the CFL. I will look at our top rated betting site for Canadians, follow up with some popular CFL wagers you can make on games throughout the season and finish with a simple 3 step guide to help you get started placing CFL bets online.
Best CFL Betting Site for Canadians
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See Website For Details | Visit |
SportsInteraction.com is our top rated betting site for wagering on CFL football here in Canada. They offer fair odds and a wide range of bets on each game. They are entirely focused on the Canadian market and this results in great customer service, better deposit/withdrawal options for Canadians, and a lot of CFL bet offerings.
Popular CFL Betting Options
There are three main bets that receive the majority of action from CFL bettors each game. These include the point spread, money line, and over/under bets. I will break them down in detail below so you know exactly what you’re betting on.
Point Spread
With the point spread, the underdog is basically being spotted points by the oddsmaker. The favourite has to win by more than the spread number, while the underdog has to either win the game outright or lose by fewer than the spread. Let’s look at an example from Sports Interaction using a game from a past season:
In this example the Tiger-Cats are 3.5 point favourites. This is indicated by the (-) next to the 3.5 on their point spread number. For a spread bet on the TiCats to payout they would need to win by 4 or more points.
On the flip side, the Blue Bombers are 3.5 point underdogs as indicated by the (+). For a spread bet on the Bombers to payout they can either win the game or lose by 3 or fewer points.
Money Line
With the money line you’re betting on which team is going to win the game straight up. When betting on the favourite you would win less from the same bet, than when betting on the underdog.
Continuing with the same example, we already know that the Tiger-Cats are favourites. If you wanted to bet on the TiCats to win the game outright a $100 wager would payout $154, as indicated by the decimal odds of 1.54 (100 x 1.54 = $154).
If you went with the underdog Blue Bombers though, a $100 wager would payout $254 if they pulled off the upset. (100 x 2.54 = $254).
Over/Under
The over/under, also known as the total, is another popular bet and it has nothing to do with which team wins the game. Instead you’re betting on the total number of points that will be scored in the game by both teams combined.
In this example the oddsmaker has set the total for the game at 50.5. You can bet the over if you think 51 or more points will be scored, and you can bet the under if you think 50 or fewer points will be scored.
Bet On The CFL From Canada – 3 Steps
Now that you’re familiar with the popular CFL bets you can make, let’s get you actually placing them. Follow these three steps to go from opening a sportsbook account to actually clicking “Place Bet” on your first CFL wager.
Step 1. Join SportsInteraction.com
Click the above link, click ‘Open Account’ on the landing page, and fill out the short form to open your account.
As I mentioned above, Sports Interaction is our top rated betting site for Canadians. Check out our full review here.
Step 2. Deposit Funds
After logging into your new account click on the ‘Deposit’ button in the top right corner. Select your preferred deposit method from the list and follow the instructions to finish your deposit.
Sports Interaction accepts Interac (recommended), Visa, MasterCard, iDebit, and paysafecard deposits.
Step 3. Place Your CFL Bets
To find the betting lines for your first CFL bet at SportsInteraction.com, click on ‘Sports’ from the top menu bar and select the ‘Football’ drop down menu. From here you can select ‘CFL Games’ to find any of the wagers I outlined above or ‘CFL Futures’ to bet on the Grey Cup winner.
On the CFL Games page you will see all of the games for the week with betting options that look like the screenshots I used above. Select the wager you want and it will be added to your ‘Bet Card’. Next, you should enter your Bet Amount and this will show your Bet Payout.
In this screenshot I’m using a moneyline bet on the Blue Bombers from the same game I used examples from above:
If you’re satisfied with the wager, go ahead and click ‘Place Bet’. That’s it, you’ve made your first CFL wager online.
Check out our football betting page for more information about betting on football in general, and our guide for a few helpful articles for beginners.
Ready to bet on the CFL? Click here to visit SportsInteraction.com.