How to bet on Toronto Argonauts in Ontario – Explained
First of all, let’s start with the basics by explaining the three most common bet types for football. When you first click on an Argonauts game at a site for sports betting in Ontario, it will look something like this:
| Spread | Total | Moneyline |
| Alouettes | +9.5
1.91 | O 52.5
1.91 | 5.00 |
| Argonauts | -9.5
1.91 | U 52.5
1.91 | 1.18 |
Let’s break down the three bet types that are represented in this betting line:
Moneyline
This is your basic straight bet that involves putting your money on the team that you think will win. In the example above, you can see that the Argonauts are clear favourites, as they are offered at much shorter odds (1.18) than the underdogs – the Alouettes (5.00).
Spread
Here, the contest is evened up by taking points away from the favourite and giving them to the underdog. As a result, the odds are also the same for each outcome. In the example above, the Argonauts are +9.5 favourites, meaning that, were you to bet on them, they would need to win by 10 points or more for your bet to payout.
On the other hand, a bet on the Alouettes would still pay out in the event of them losing, so long as they stay within 9.5 points of the Argonauts’ score.
Totals
With this bet type, you are not actually betting on the outcome of the game (who wins or loses). Instead, you are betting on the score being over or under the amount set by the sportsbook. Again, as there are two 50/50 outcomes here, the odds are identical for both.
If you bet on the “O 52.5” both teams combined would need to score 53 points or more for your wager to win. For the “U 52.5,” it works exactly the same, only the other way round – i.e. you need a combined score of 52 or fewer points to win.
Other popular CFL betting markets
As well as the basic betting markets listed above, the following ways to bet on the Argonauts are also popular:
- Futures – E.g. betting on the Argonauts to win the Grey Cup.
- Game props – Such as the number of TDs in a game.
- Halftime/quarters – Instead of betting on the whole game, you can bet on just one half or quarter.
How Toronto Argonauts betting odds work
Before you place your first bet, it is extremely important to understand how the betting odds work. In Ontario, decimal is the default format on most betting sites, and is the one we’ve used in the example above.
Here is how it would work if you bet $100 on the Argonauts -9.5 spread at 1.91:
$100 x 1.91 = $191 total payout (returned stake + profit)
How the sportsbooks set the odds
The first thing that online sportsbooks do when setting their CFL betting odds, is decide on the implied probability of the Argonauts winning as a percentage. An extra percentage is then added on top to protect the bookie’s profits, which is known as the “vig”.
Getting started with Toronto Argonauts betting
Now that we understand how it works, let’s take a look at the actual practicalities of getting started and placing your first bet on the Argonauts. Basically, the process can be broken down into three easy steps:
- Register with a betting site
- Make your first deposit
- Place your bets
Let’s take a short look at each of these elements in more detail here:
1. Register with a betting site
The most important thing here is to find an online sportsbook that is right for you. Further down this page, you can find some short reviews and essential info about the best CFL betting sites in Ontario today.
2. Make your first deposit
Once you have registered your account, you will need to fund it so you have money to bet with. What’s vital here is to ensure that your sportsbook operator has your preferred payment option. To help with this, you can check out which betting sites accept PayPal in Canada here at TheGruelingTruth along with other payment methods.
Now that you have a fully-funded online betting account, you can search the betting markets for the next Argonauts game and place your bets ahead of the game. Or, if you are feeling a bit more adventurous, you can bet on the game in play.
The best Toronto Argonauts betting sites
Before we launch into our mini reviews of the best sites in Ontario for wagering on the CFL and the Argonauts, here is a quick overview of what each one has to offer:
| Betting sites | Best for | Min deposit | Other features |
| BetMGM | CFL props bets | $10 | Excellent betting app |
| BetRivers.com | CFL stats and tips | $10 | User-friendly interface |
| Pointsbet | Customized CFL bets | $5 | Fixed odds and “pick your own” bets |
1. BetMGM – The best for Argonauts pros bets
BetMGM is the best Ontario sportsbook for Argonauts betting overall. For starters, the CFL has its own betting icon during the season, making it extremely easy to find. When you click on a game, you will be down the moneyline, totals and spread for the whole game and both halves.
When you click on the game you want, you will be presented with a range of options, including game props, TD bets, halves and quarters bets. On top of all that, BetMGM is a reputable US-based betting brand with a top-class interface and excellent sports betting app.
BetMGM Sports
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BetMGM Highlights
- Huge range of betting markets
- Competitive odds
- Awesome mobile app
When it comes to the main Toronto Argonauts betting lines, the display at BetRivers.com looks much the same as that on BetMGM, with the moneyline, total and spread. However, the first difference that you will notice is that the odds are displayed in American format as opposed to decimal.
Below each game, you will see top buttons – “Stats” and “Tips”, both of which are very useful. If you click on the “Stats” button, you can find all the info that you need for the game – where it’s played, K.O time and the key head-to-head stats from past meetings.
If you click on the “Tips” button, you will get some tidbits of information relating to certain betting markets. For example, they might tell you how many times the Argonauts have covered the spread in their games this season.
PointsBet Sports
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PointsBet Highlights
- Generous betting odds
- Live betting and streaming
- Huge range of betting markets
3. Pointsbet – Customize your bet on Toronto Argonauts in Ontario
As well as all of the standard fixed odds betting markets that BetMGM and BetRivers.com have for the Argonauts, Pointsbet also has unique wagers called “Teasers”. Here you can customize your CFL bets by picking your own spread or points totals.
As well as this unique approach to betting, Pointsbet is also the most budget-friendly option. As long as you use PayPal you can deposit and withdraw as little as $5 at a time from your account.
PointsBet Sports
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PointsBet Highlights
- Generous betting odds
- Live betting and streaming
- Huge range of betting markets
Conclusion – Register and bet on Toronto Argonauts in Ontario today
The CFL offers just as many exciting betting opportunities as the NFL, especially when it comes to the Argonauts. Although they tend to be the clear favourites for most games that they play, spread bets and game props give you enough diverse options to keep things exciting.
Now that you have the basic tools and information, you just need to register and deposit money at an online sportsbook in Ontario to get started. So go ahead and make use of the expert reviews here at TheGruelingTruth to find your ideal ONT sportsbook today.
Top sports betting sites in 2023
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Toronto Argonauts betting FAQ
🏈 Can you bet on the Argonauts in Ontario?
Yes, you can now legally bet on CFL games at licensed Ontario sportsbooks. This means that Ontarian bettors aged 19+ just need to register an account at an iGaming Ontario-approved sportsbook and make a deposit to get started. For more information and a full guide to getting started, head over to TheGruelingTruth.com.
📍 Where can I bet on the Argonauts in Ontario?
There are now more than 20 legal and licensed online betting sites in Ontario, all of which take bets on the CFL and Argonauts games. However, there are three sites that really stand out according to the experts at TheGruelingTruth.com – BetMGM, BetRivers.com and Pointsbet.
🏆 What are the odds for the Argonauts to win the Grey Cup?
The odds of the Argonauts winning the Grey Cup can literally change by the second, as sportsbooks like BetMGM now have odds that are updated at any time of the day. You can compare the best sportsbooks for CFL futures betting markets here on our website – TheGruelingTruth.com.
