The road to the 112th Grey Cup starts now, and all eyes are on the team that shocked the league last year. After pulling off a title run as major underdogs, the Toronto Argonauts are +340 favorites to repeat at Sportsbook.
2025 Grey Cup Odds
| Teams | Odds |
|---|---|
| Toronto Argonauts | +325 |
| Montreal Alouettes | +375 |
| Saskatchewan Roughriders | +425 |
| Winnipeg Blue Bombers | +550 |
| British Columbia Lions | +650 |
| Ottawa REDBLACKS | +800 |
| Edmonton Elks | +1000 |
| Hamilton Tiger-Cats | +1000 |
| Calgary Stampeders | +2200 |
Odds as of June 7th, 2025 02:25am EDT. |
toronto argos open as grey cup favorites
The champs are back—and this time, the sportsbooks are ready. After winning last year’s Grey Cup as 9.5-point underdogs, the Argos head into the 2025 CFL season as +340 favorites.
With Chad Kelly expected to return early in the season and Nick Arbuckle holding down the fort if needed, Toronto’s quarterback room is stable and experienced. Toronto's defense was the difference last year. Overall, it allowed a middling 26.6 PPG but pulled through in the Grey Cup matchup with the Argos forcing four interceptions in the title game and holding Winnipeg to just seven first downs. That same core returns, along with head coach Ryan Dinwiddie. Like I said, these defending champions are looking very similar and ready to compete for back-to-back titles in November.
where is the grey cup being hosted?
This season’s Grey Cup, which is Canadian football’s Super Bowl, will be held in Winnipeg, Manitoba at Princess Auto Stadium, the home of the Winnipeg Blue Bombers. The 112th title will be given out on Sunday, November 16th, 2025.
Last 10 Grey Cup Champions
| Year | Champions | Final Score | Runner-Up |
|---|---|---|---|
| 2024 | Toronto Argonauts | 41-24 | Winnipeg Blue Bombers |
| 2023 | Montreal Alouettes | 28-24 | Winnipeg Blue Bombers |
| 2022 | Toronto Argonauts | 24-23 | Winnipeg Blue Bombers |
| 2021 | Winnipeg Blue Bombers | 33-25 | Hamilton Tiger-Cats |
| 2019 | Winnipeg Blue Bombers | 33-12 | Hamilton Tiger-Cats |
| 2018 | Calgary Stampeders | 27-16 | Ottawa Redblacks |
| 2017 | Toronto Argonauts | 27-24 | Calgary Stampeders |
| 2016 | Ottawa Redblacks | 39-33 | Calgary Stampeders |
| 2015 | Edmonton Eskimos | 26-20 | Ottawa Redblacks |
| 2014 | Calgary Stampeders | 20-16 | Hamilton Tiger-Cats |
2020 season was cancelled due to Covid-19.
With another championship in 2024, the Argos now have 19 Grey Cups in their trophy case, the most by any team in the league. The Edmonton Elks, despite winning just once in the last decade, have the second-most with 14. The Bombers, whose recent back-to-back wins boosted their total championships to 12, have appeared in 29 Grey Cups – the most of any team.
