Your Guide to CFL Betting Betting
CFL betting presents a unique opportunity for bettors – not just in Canada but outside as well, to spread their football betting options across more than one major league.
Top Your Guide to CFL Betting Betting Sites
With nine teams contesting a 21-week season, there’s ample scope for a variety of different wagers to be placed as you get into betting on the CFL.
Choosing a CFL Betting Site
With increasing numbers of high-quality betting sites establishing themselves firmly, choosing a particular site over another is not easy.
Rest assured, we have gone out of our way to shortlist what we reckon are the best sportsbooks out there, where you can easily place your CFL bets without any qualms. Just check the list above to get links to some of the best betting websites for betting on the CFL.
CFL Betting Bonuses
Factors that you should consider in your choice of these betting sites include the odds of your winning, the overall terms and conditions that govern the operation of the website, as well as the welcome bonus that it offers.
This “welcome bonus” factor has become extremely important today since that is the basis on which most sportsbooks are differentiating themselves; while pretty much all of them are offering it, it is the percentage and the terms of the welcome bonus, that differ.
CFL Betting: Types of Bet You Can Place
In spite of its reasonably smaller size as compared to the NFL, the CFL does manage to garner excellent betting opportunities.
With your sign up process and initial deposit done, you are good to go with regards starting your CFL activity.
You’ll need to be aware of the various kinds of bets that can be placed, so we’ve outlined the main types of CFL bet for you here.
Moneyline CFL Betting
This is one of the most simple and straightforward bets which can be placed; just predict the winning team. You will know the odds in advance, which means you’ll also know who the favorites are and what the probability of each team winning is.
Parlay CFL Bets
The easiest way to understand parlay CFL bets is to look at them as single bets which actually bring together multiple bets. So, for a bet to be successful, you will be looking at various occurrences to combine and end up in your favor.
The advantage here is that if and when that happens (i.e. all the occurrences do end up as you wagered), the returns would be huge. At the same time, the odds of that happening are always low.
Points Spread CFL Betting
The sportsbook will assign a “spread” by which teams are expected to win for you to end up on the winning side. To give you an example –5 for the favorites would mean that team would have to win by more than 5 points for your bet to be a winning one.
Prop CFL Bets
These bets have little to do with skill and almost entirely to do with chance. Which team will win the coin toss, or whether the final score will add up to an even or an odd number? These are bets completely driven by chance. It is entirely up to you whether you really want to take a chance on such bets.
CFL Over/Under Betting
This is where you bet on whether you think the combined final points scored by both teams will be over or under the amount of points the sportsbook believe they will.
For example, of the sportsbook sets the line at 44.5 points, 45 or more points must be scored between the two teams for the over to hit. For the under to land, the teams’ total combined points scored in the game must be 44 or less.
CFL Futures Bets
A futures bet is a wager on an event or series that will finish in the future, as opposed to betting on a single game or match. As such, CFL future odds usually refer to who’ll win a championship. Check out our specific CFL futures page for more info on this.
Conclusion
The CFL is an ideal platform on which you can hone your betting skills before moving onto the big daddies such as the NFL or the NBA. Remember that the stakes are likely to be lower here, as would be the number of bettors.