Through 11 weeks of the CFL season, the field of Grey Cup frontrunners is still pretty crowded.
The latest: The Montreal Alouettes have been the favourites most of the season, but they’ve given way to a trio of other contenders with odds of 4-to-1 or shorter, led by the Saskatchewan Roughriders.
Ahead of Week 11, check out our Grey Cup odds for the 2025 CFL season.
Grey Cup odds
| Team | Odds (Aug. 17) | Odds (preseason) |
| Saskatchewan Roughriders | +220 | +525 |
| Hamilton Tiger-Cats | +300 | +1,000 |
| Calgary Stampeders | +350 | +1,400 |
| Montreal Alouettes | +500 | +425 |
| Winnipeg Blue Bombers | +1,100 | +500 |
| BC Lions | +1,200 | +650 |
| Toronto Argonauts | +1,600 | +280 |
| Ottawa Redblacks | +3,300 | +700 |
| Edmonton Elks | +6,000 | +1,400 |
Grey Cup odds as of 3:30 p.m. ET on 08/17/2025.
The favourites: Roughriders (+200)
It’s been a pretty long time since the Roughriders have even reached the Grey Cup. A dozen years, in fact.
But thanks to an 8-1 start in 2025, the Riders are in a promising position to return to the CFL’s championship stage.
It’s not like Saskatchewan has been completely hapless in recent years, either. The team has played in the West Division final in three of the past five seasons … but Winnipeg had its number each time.
What has buoyed the Riders to so much success this year? A truly balanced approach.
- Saskatchewan is top-two in the CFL in all four major statistical categories: It has the best scoring defence and total defence, and ranks second in scoring offence and total offence.
- The Riders’ quarterback (Trevor Harris) is No. 1 in passer rating, their running back (A.J. Ouellette) is third in yards per rush, and they have two of the top seven receivers in terms of receiving yards (KeeSean Johnson, Dohnte Meyers).
Saskatchewan’s lone loss came against Calgary, a team that figures to be a tough out when the playoffs roll around.
Those squads will meet next Aug. 23 for a matchup that should be appointment viewing for any CFL fan.
CFL betting notes
- Speaking of the Stampeders (+350), are they the real deal? After back-to-back losses with QB Vernon Adams Jr. on the shelf, Calgary got back in the win column with Adams in Week 10. There’s still plenty of time to catch the Roughriders, who lead the West Division by two games.
- The Tiger-Cats (+300) are coming off their worst offensive game of the year, laying a nine-point egg against the Roughriders’ tough defence. Still, they lead the CFL in scoring (30.0 PPG) behind Bo Levi Mitchell, who is lighting it up in his 13th season. Hamilton’s defence has been pretty concerning at times, which might be a differentiating factor from some of the other contenders, but vibes are still high for the Ti-Cats overall.
- The Alouettes (+500) have been frontrunners for a lot of the season, but confidence is waning thanks to a 2-5 stretch in recent weeks. Starting QB Davis Alexander (hamstring) is out for a handful of games, and Montreal is now down to its fourth-string QB James Morgan after two more injuries. This could be a buy-low spot if Alexander can get healthy down the stretch.
- It’s looking like a lost season for the Argonauts (+2,500), who placed quarterback and 2023 MOP Chad Kelly on the six-game IL on July 26. In his absence, the reigning Grey Cup champs are 2-8 with the third-worst total offence in the league. Toronto is in stay-away territory.
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