Congratulations to the 2024 Grey Cup Champs Toronto Argonauts! 🎉
The Canadian Football League has withstood the test of time, creating many historic moments that fans will remember for a lifetime. We look to continue embracing the tradition by offering top-notch Grey Cup predictions, educating our readers on where to find the best Grey Cup odds, and giving out the best analysis on the 2025 Grey Cup when the big game pops up on the calendar.
Updated 2025 Grey Cup Odds
Check out the latest 2025 Grey Cup odds below. We update this page regularly so check back for the most recent odds! Odds last updated on Dec 23, 2024:
| TEAM |  |
| Toronto Argonauts | +240 |
| Montreal Alouettes | +350 |
| Saskatchewan Roughriders | +500 |
| BC Lions | +600 |
| Winnipeg Blue Bombers | +600 |
| Ottawa Redblacks | +900 |
| Hamilton Tiger-Cats | +1300 |
| Edmonton Elks | +1800 |
| Calgary Stampeders | +3000 |
How to bet on the 2025 Grey Cup
Betting on the 2025 Grey Cup is easy! Just follow these simple steps:
- Chose a sportsbook. Grey Cup betting odds are better and worse for some teams, depending on the sportsbook you use. The most important thing to do when making any bet is to find a CFL sportsbook that’ll give you the best odds.
- Check Odds and Payouts: Futures odds are associated with bigger payouts since predicting these outcomes is more challenging than single-game bets.
- Choose Your Bet: Decide on the type of bet you want to place. You can bet on various outcomes such as the outright winner or individual player awards like Most Valuable Player.
- Place Your Bet: Once you have chosen your bet and understand the odds and potential payouts, place your bet .
- Follow Your Wager: After placing your bet, follow the progress of your wager during the game!
2025 Grey Cup Odds Markets
Let’s talk about the different types of Grey Cup betting markets and what kind of bets you can make.
Grey Cup Futures Bets
If you’re an avid sports bettor, you’ve probably wagered on a futures bet. When you bet on a futures bet, you’re essentially betting on something to happen. In this case, you’ll be betting on a team to win the Grey Cup.
What that means is you’ll pick a team to win the Grey Cup before or at any point during the season. Let’s say you like the Toronto Argonauts to hoist the trophy. You can hop on your sportsbook of choice, head to the Grey Cup futures market, grab the Argos to win at +240, and make a bet. That +240 means that if you bet $10, you’ll make $24 in profit, or $34 altogether.
Grey Cup Player Prop Bets
Grey Cup player prop bets work similarly to the regular season. You bet on whether a player will go over or under a suggested total. Let’s say you’re betting the over on a quarterback’s passing yards, which is set at 255.5. That quarterback will need to throw for 256 passing yards or more. Otherwise, you’ll be out of luck.
Grey Cup Point Spread Betting
The Grey Cup point spread will be released shortly after the Eastern and Western Division Finals wrap up and the matchup for the biggest game in the CFL is set.
For example, a couple years ago the oddsmakers in the Grey Cup game made the Winnipeg Blue Bombers -7.5 favourites over the Montreal Alouettes. If you liked the Blue Bombers to “cover the spread,” Winnipeg would’ve had to beat Montreal by eight points or more. If the Blue Bombers only won by three, your bet would’ve lost.
If you bet the Montreal Alouettes +7.5 point spread, for Montreal to cover, they couldn’t lose by more than seven points. If Winnipeg beat Montreal by 10 points, the Montreal Alouettes would’ve failed to cover the spread. Heck, the Montreal Alouettes didn’t need the points, though. Montreal won outright 28-24 in a thrilling 110th Grey Cup game.
Best CFL Grey Cup Betting Sites
Once you’ve decided on what or who you want to bet on, the next challenge is finding a good sportsbook to place your bets. There are no rules for doing that. It’s all about your personal preferences. If you like to bet on sports on than football and the CFL, maybe prioritize a sportsbook that has good offerings across a multitude of sports. Maybe you’re looking for a good bonus or something along those lines. Whatever the case may be, browse what’s out there and see what fits best for you.
Below, we’ll list some of the sportsbooks we love for their top-notch Grey Cup odds, selection of bets, and quality of service.
1. Betway
Betway has become one of the CFL’s better partners over the years. As such, you can expect the sportsbook to pack a good punch when it comes to top-notch CFL Grey Cup odds.
Compared to the rest of the competition, Betway offers some really good prices on mid-tier teams to win the Grey Cup, such as the Ottawa Redblacks and Winnipeg Blue Bombers. If you really like some middle-of-the-pack teams to step it up towards the end of the season, get your wagers in at Betway. And, of course, come game day Betway will have tons of Grey Cup betting markets.
Grey Cup Odds at Betway
2. Sports Interaction
Sports Interaction (SIA) and the CFL go together like peanut butter and jelly. When the Grey Cup rolls around, SIA is loaded when exciting special markets like both quarterbacks combine for 300+ yards in passing at eye-catching odds. We enjoy the special markets because if we can’t decide on a bet, at least we can have fun cheering on some players to show up when the lights shine the brightest.
Grey Cup Odds at SIA
3. bet365
bet365 offers year-round CFL Grey Cup odds. We find bet365’s Grey Cup futures odds are the most competitive. Compared to other sportsbooks, you can usually find great prices on the top-tier teams in the league.
On Grey Cup game day, bet365 goes ham with its player props. You can bet on literally any bet. You can bet on almost every receiver’s yards, who will win Most Outstanding Canadian Player, and so much more. There’s always a nice super boost bet sprinkled in there to help build the bankroll, which is a plus, even if bet365 maxes it out at $20 games.
Grey Cup Odds at bet365
Grey Cup History
The Grey Cup was commissioned by Canada’s governor general, The Earl Grey, in 1908. It was supposed to be donated to a local amateur hockey league, but the famed Allen Cup took its place. Instead, the old bloke donated it to the Canadian Football League. As the saying goes, the rest was history.
The CFL playoffs, for the longest time, have included six teams. The division leaders get a bye to the division finals. The second-place teams host the third-place teams in the division semi-finals. Whoever ends up winning the division finals represents their division at the end of the CFL season in the Grey Cup.
Past Grey Cup Winners
- 2024: Toronto Argonauts
- 2023: Montreal Alouettes
- 2022: Toronto Argonauts
- 2021: Winnipeg Blue Bombers
- 2020: Cancelled due to COVID-19 pandemic
- 2019: Winnipeg Blue Bombers
- 2018: Calgary Stampeders
- 2017: Toronto Argonauts
- 2016: Ottawa Redblacks
- 2015: Edmonton Eskimos
- 2014: Calgary Stampeders
Grey Cup Odds FAQs
At the time of writing, the Toronto Argos are favored to win the 2025 Grey Cup at +240 (according to bet365).
The Toronto Argonauts have won the most Grey Cups in CFL history. Since the team’s inception, the double blue has won 19 Grey Cups.
The CFL has announced that the 112th Grey Cup, to be held in November 2025, will be hosted by Winnipeg. This will be the fifth time that Winnipeg has hosted the big event, having previously held it in 1991, 1998, 2006, and 2015.
Throughout the season, sportsbooks provide futures odds for the eventual Grey Cup champion at the end of the year. CFL odds fluctuate throughout the entire season, depending on how well a team performs, injuries, changes to the roster, and other important factors that influence teams attempting to win the Grey Cup.
Canadians have two main options for placing a bet on the Grey Cup. Some online sportsbooks have a selection of betting lines for CFL action, including futures, props, and standard bets on single games. The other option for CFL fans would be provincial sports lotteries, such as PROLINE in Ontario.
Before the Grey Cup, you’ll be able to bet on Grey Cup futures. For the game itself, you’ll be able to do standard wagers like moneylines, spreads, and over/unders. There will also be a significant variety of prop bets, like predicting the Grey Cup MVP.
The majority of major sportsbooks will give players the option of betting on the Grey Cup. Some sites have expanded wagering offers for the CFL in order to attract Canadian audiences. Before selecting a sportsbook, it’s good to check out the different options and bonuses available on competing sites.
The Toronto Argonauts lead the way with 19 Grey Cup victories, most recently winning in 2024. They’re followed by 14 for the Edmonton Elks, 12 for the Winnipeg Blue Bombers, eight for the Hamilton Tiger-Cats and Calgary Stampeders, seven for the Montreal Alouettes, six for the BC Lions, four for the Saskatchewan Roughriders, and one for the Ottawa Redblacks.
