Toronto FC MLS Betting Odds

Toronto FC is an MLS club with a winning pedigree and a passionate base of supporters.

Though, the club is hoping to improve on a down year in 2022 which saw the team finish 13th in the Eastern Conference and 27th overall. Toronto FC did not qualify for the 2022 playoffs.

As Ontario online sports betting closes in on its new one-year anniversary, fans of Toronto FC have lots of options to place bets on their favourite team during the 2023 MLS season. Also, Canadian online sportsbooks supply lots of Toronto FC odds for every match.

Below, we’ll detail everything you need to know to start betting on Toronto FC, including the live odds on their next game, key team stats to monitor and more.

Today’s Toronto FC odds: moneylines, spreads, totals

Check the latest Toronto FC game lines, including three-way moneylines, spreads, and totals. If you see a number you like, click on it to head to that sportsbook, create an account, and place that bet.

How to bet on Toronto FC games in Canada

The very first thing you need to do before placing any bets is sign up for an online sportsbook account. This will lead you to making a deposit and ultimately claiming any welcome offer. Then, follow these steps:

• Download the sportsbook app to get the live game lines right to your phone.
• After being redirected to the registration page, fill out all required fields (name, address, email) and upload photo identification to successfully complete the process. Your signup offer will be activated at this point, and any no deposit bonus will be awarded.
• Deposit funds into your new account. The balance will reflect this transaction. And if you’re receiving a first deposit bonus in the form of site credit, this will appear as well.
• Once your account is funded, locate the section for soccer and MLS, and then place bets on Toronto FC!

Toronto FC betting lines explained

With single-game betting becoming available, anyone using a legal Canadian online sportsbook will be able to bet on Major League Soccer and any individual matches that involve Toronto FC. There will be a wide range of betting options and Toronto FC odds available. But before we get there, it’s imperative to know how to read the betting odds.

The most common bet types in soccer are the moneyline and total, so understanding how the odds work on those two markets is the perfect place to start. Using an example from DraftKings Sportsbook Canada for a CONCACAF Champions League contest, we will explain how Toronto FC betting lines work.

Two-way and three-way moneylines

Moneylines are a great place to begin your betting education because they are the simplest form of sports wagering. A moneyline (ML) bet involves picking which team will win a game regardless of the score. It’s as simple as that. If the team you pick is victorious, your bet is a winner.

While many sports have only two choices on the moneyline (the two teams playing), soccer is known for a conventional offering called a three-way moneyline. This means that, in addition to either side potentially winning, there is a third option for a draw.

When betting a three-way moneyline, you should know a tie score results in a losing bet for anyone who chose either team. Some betting app, including FanDuel Sportsbook Canada and Caesars Sportsbook Canada, also offer a two-way moneyline without the draw as an option. With this market, a tie sees the original stake returned to the bettor.

Figuring out the potential payout for each option is easy with decimal odds, which many sportsbooks apps in Canada will display. The decimal number represents the total return for every $1 wagered and includes the amount risked.

Before doing any math, bettors can easily identify the favourite and underdog by using the number 2.00 as a guide. A lesser number likely indicates a favourite and a return that won’t quite equal the original stake. Any team at 2.00 or above is an underdog and will earn profits that exceed the original amount risked.

Using our example, Cruz Azul is the favourite at 1.80. This means that a $1 bet would earn $.80 in profit, giving you a grand total of $1.80. If risking $100, the bettor could win $80 for a total of $180.

That makes Toronto FC the underdog at 4.30. A $1 wager could win $3.30 in profit, giving the bettor $4.30 in total. Risking $100 would mean winning $330 and earning a $430 return. There is always a pretty attractive line on the draw, which is 3.65 here. A $1 bet earns $2.65 in profit, and a $100 bet can win you $265, giving you $365 in total.

Totals

Betting on totals is incredibly simple as well. All bettors need to do is pick whether the combined score will go over or under a predetermined figure set by oddsmakers. Here is what the total looked like for our above example:

• Toronto FC/Cruz Azul Over 2.5 Goals (2.05)
• Toronto FC/Cruz Azul Under 2.5 Goals (1.73)

The two sides of the total are generally pretty close in odds, although there is oftentimes some variation. In this case, taking the Over 2.5 (2.05) means $1 can win $1.05, and $100 would earn $105 in profit. If you look at the Under 2.5 (1.73), which is the favourite according to oddsmakers, betting $1 would earn $0.73 in profit, or $73 on a $100 bet.

Most sportsbooks also offer alternate totals for soccer games, allowing bettors to alter the over/under in exchange for modified betting odds.

Toronto FC props & live betting

In addition to the conventional options above, there are also props and live betting markets for Toronto FC games. Some options will vary from site to site, but here are some of the online prop bets you can expect to see at Canadian betting sites:

• Player Props: First/Last Goal Scorer, Anytime Goal Scorer
• Game Props: Correct Score, Both Teams To Score (Yes/No), Halftime/Full-Time Result
• Team Props: Total Goals, First to Score, To Win Both Halves, To Win At Least One Half, To Win In Shutout

While pregame props are pretty popular bets, there are also plenty of options for those who want to take part in live betting during the match. The list of Toronto FC live betting options includes but is not limited to:

• Two-Way & Three-Way Moneyline
• Total Goals
• Team Total Goals
• Total Goals, Listed Time
• Next Team To Score (two-way and three-way moneyline)
• Team With Next Corner Kick

In-game odds are continuously updating as the action on the pitch progresses and will remain live until the late stages of the match. Any winnings on live wagers that don’t involve the final score will be paid out as soon as the bet settles.

Toronto FC’s schedule for 2023

The typical Major League Soccer schedule features 34 games: 17 at home and the other 17 on the road. Toronto FC plays each team in the Eastern Conference twice, once home and once away. The club also plays 10 games against teams from the opposing conference, five at home and five away.

At the end of the schedule comes the MLS Playoffs and eventually the MLS Cup, which Toronto FC won in 2017. In addition to its league schedule, Toronto FC also takes part in other competitions such as the Canadian Championship and the CONCACAF Champions League.

Check the latest CF Montreal odds.

Toronto FC franchise leaders

Toronto FC entered Major League Soccer in 2007, and since that time, there have been quite a number of talented players to don the franchise’s kit. For a closer look at some franchise leaders in a variety of categories, check out the list below:

• Appearances: Jonathan Osorio (264)
• Career Goals: Sebastian Giovinco (83 from 2015 to 2018)
• Goals In A Season: Sebastian Giovinco (23 in 2015)
• Goals In A Game: Dwayne De Rosario, Sebastian Giovinco, Justin Morrow, Jozy Altidore and Ayo Akinola (3 goals apiece)
• Clean Sheets: Alex Bono (25)

Toronto FC home games

Toronto FC history

Toronto was awarded an MLS expansion franchise in 2005—the first Canadian club in the league. Maple Leaf Sports & Entertainment (MLSE) acts as owner of the club, as it does for the NHL’s Toronto Maple Leafs, the NBA’s Toronto Raptors and several other franchises.

Toronto FC, also known as The Reds, played its debut season in 2007 and immediately acquired and maintained a large and loyal following among Canadian soccer fans. The franchise missed the MLS Playoffs in each of its first seven seasons, but despite those struggles, the club had success in the CONCACAF Champions League on multiple occasions between 2010 and 2012.

Toronto FC reached its first league postseason in 2015, and it was all uphill from there. The club finished runner-up after losing in the MLS Cup Final in 2016 before winning its first MLS Cup in 2017. In 2019, Toronto FC returned to the final, albeit in a losing effort. To this point, these are just some of the club’s accomplishments:

• Two-time MLS Cup Runner-Up (2016, 2019)
• 2017 Supporters’ Shield Winner
• 2017 MLS Cup Champion
• Eight-time Canadian Championship Winner