It's become clear who the early Grey Cup contenders are, as we get set to enter Week 11 of the CFL season.
Grey Cup championship odds have held steady over the last couple of weeks, with the Top 2 teams in the West Division having the best CFL futures odds as of October 13. But Grey Cup odds are tight at the top, with six teams having better than 10/1 odds or better.
Let's check out our full CFL odds to win the Grey Cup.
CFL 2021 Grey Cup odds
The odds below are up-to-date within a five-minute delay and reflect the Covers Line, an average comprised of odds from multiple sportsbooks.
Favorites to win the 2021 Grey Cup
The defending champion Winnipeg Blue Bombers are off to a 9-1 start, including a perfect 5-0 mark at home, following another convincing victory in Week 11 when they took down the Edmonton Elks, 26-16. They have the best record in the CFL and remain the favorites to win the 2021 Grey Cup at +185 odds.
Winnipeg has won each of its last six games by double digits, including back-to-back victories over the second-place Saskatchewan Roughriders. The Bombers' defense has been elite, and has held their opponent to single digits in six of their eight wins.
Saskatchewan, meanwhile, got off to a 3-0 start and topped the board at the end of August but the pair of losses to the Bombers dropped it to second, where it has sat for the last month-plus at +550 odds. The Roughriders' defense was stellar to start the season before Winnipeg hung 23 and then 33 on them, accounting for Saskatchewan's first two losses of the season. The Roughriders dropped their second in a row to Calgary in Week 10, falling 22-19.
The Hamilton Tiger-Cats remain third on the board at +600. Hamilton punished the struggling Ottawa Redblacks in Week 8, which was its fourth victory in its past five games, but it fell to the Montreal Alouettes in Week 9 and then dropped a heartbreaker to the rival Toronto Argos, who are first in the East Division and fourth in odds at +650, in Week 10.
The Alouettes (+600) sit in fourth on the odds board, while the Argonauts round out the Top 5 at +650, before a decent drop to the BC Lions at +900.
Past Grey Cup winners
As noted above, having such a small league and lots of player movement promotes a lot of parity among the teams. Eight of the nine current CFL clubs have won a Grey Cup over the last 10 years, while every team has made at least one Grey Cup appearance over that stretch.
The Toronto Argonauts have the most Grey Cup titles in league history with 17, while the Winnipeg Blue Bombers lead the CFL with 25 Grey Cup appearances.
| Season | Grey Cup Champion | Runner-up |
|---|---|---|
| 2020 | N/A | N/A |
| 2019 | Winnipeg Blue Bombers | Hamilton Tiger-Cats |
| 2018 | Calgary Stampeders | Ottawa Redblacks |
| 2017 | Toronto Argonauts | Calgary Stampeders |
| 2016 | Ottawa Redblacks | Calgary Stampeders |
| 2015 | Edmonton Eskimos | Ottawa Redblacks |
| 2014 | Calgary Stampeders | Hamilton Tiger-Cats |
| 2013 | Saskatchewan Roughriders | Hamilton Tiger-Cats |
| 2012 | Toronto Argonauts | Calgary Stampeders |
| 2011 | B.C. Lions | Winnipeg Blue Bombers |
| 2010 | Montreal Alouettes | Saskatchewan Roughriders |
Understanding CFL futures
Sportsbooks release CFL futures odds shortly after the end of the previous football season. Picking the outright winner of the Grey Cup is one of the only other ways to wager on CFL futures. During the offseason and preseason, you'll be able to get a nice plus-money price on basically any team in the CFL as there is so much uncertainty around what will happen next year, particularly in a league with only nine teams.
CFL futures odds will usually look like this:
- Hamilton Tiger-Cats +285
This means that on a $100 bet, you'll stand to profit $285 should Jeremiah Masoli and co. capture their first Grey Cup title since 1999. If it's close to the end of the season or one team is simply that dominant, you might see a minus sign (-) ahead of their odds.
- Saskatchewan Roughriders -175
This means that you would need to bet $175 to win $100 if Saskatchewan wins the Grey Cup.
Of course, futures odds are a fluid market. They can change every day based on news, injuries, suspensions, etc. And they will certainly change based around big CFL events, such as free agency or the draft.
All the odds seen above are in American format. If you find decimal format or fractional format easier to read, simply convert the odds using our simple odds converter tool.
Where can I bet on the CFL?
Despite being one of the smaller professional leagues in North America, many online oddsmakers at the very least offer CFL futures on who will win the Grey Cup. Head over to our best sportsbooks for CFL betting in your area.
