2025 Grey Cup Odds, Predictions, Favourites, & Best Bets

Winnipeg Blue Bombers quarterback Zach Collaros during a CFL football game against the Hamilton Tiger-Cats, Thursday, Aug. 5, 2021, in Winnipeg, Manitoba, Canada.
(AP Photo/Larry MacDougal)
  • Through two weeks, Calgary, Saskatchewan, and Montreal are 2-0.
  • Three teams are 0-2: Hamilton, Toronto, and Ottawa.
  • Toronto didn’t have Chad Kelly again, as they lost at home to Calgary.

Week 2 of the CFL season has concluded, and with more data and on-field play to show for it, football bets on Grey Cup odds at the BetMGM online sportsbook have undergone significant changes. 

Below, I’ll provide a Week 2 retrospective. 

Prediction: Who Will Win the 2025 CFL Grey Cup

The Montreal Alouettes are favoured to win the 2025 Grey Cup at +350, followed by: 

  • Saskatchewan Roughriders (+375)
  • Winnipeg Blue Bombers (+400)
  • Toronto Argonauts (+425)
  • B.C. Lions (+1000)
  • Ottawa Redblacks (+1000)
  • Calgary Stampeders (+1500)
  • Hamilton Tiger-Cats (+2000)
  • Edmonton Elks (+3000)

I predict the Argonauts will win the 2025 Grey Cup. 

I’m still in on Toronto, especially with their odds gaining more value with quarterback Chad Kelly having yet to suit up.

2025 Grey Cup Odds

TeamCurrent OddsOpening Odds
Montreal Alouettes+350+350
Saskatchewan Roughriders+375+600
Winnipeg Blue Bombers+400+350
Toronto Argonauts+425+300
B.C. Lions+1000+600
Ottawa Redblacks+1000+900
Calgary Stampeders+1500+1100
Hamilton Tigercats+2000+1400
Edmonton Elks+3000+2000

2025 Grey Cup Favourites & Best Bets

Montreal Alouettes Odds to Win 2025 Grey Cup (+350)

The Alouettes were on the road in Week 2 against Ottawa and beat them 39-18. 

Montreal quarterback Davis Alexander completed 23 of 32 passes for 3,444 yards, one touchdown, and one interception. 

Travis Theis ran 12 times for 75 yards, and wide receiver James Letcher Jr. caught four passes for 37 yards and one touchdown. 

Kicker Jose Carlos Maltos had six field goals and three extra points. 

This team is looking great through two weeks, with Edmonton on the road up next. 

Saskatchewan Roughriders Odds to Win 2025 Grey Cup (+375)

On the road in Week 2, Saskatchewan got the 28-23 win over Hamilton. 

Quarterback Trevor Harris completed 26 of 37 passes for 295 yards, one touchdown, and one interception. 

Running back A.J. Oullette ran 13 times for 96 yards and a touchdown. 

Wide receiver KeeSean Johnson had a massive day, catching eight passes for 124 yards and one touchdown. 

Next up is a weakened Toronto squad on the road. 

Winnipeg Blue Bombers Odds to Win 2025 Grey Cup (+400)

Winnipeg made its 2025 debut in Week 2 and beat B.C. at home 34-20. 

Quarterback Chris Streveler drew the start and completed 15 of 24 passes for 246 yards, three touchdowns, and one pick. 

Running back Matthew Peterson had 23 carries for 130 yards and a score. 

Nic Demski and Keric Wheatfall combined for three touchdowns, with Demski catching two. Wheatfall had one and had 127 receiving yards. 

After a big week, they’re now on the road in Week 3 to take on the Lions once again. 

Toronto Argonauts Odds to Win 2025 Grey Cup (+425)

Without Kelly, the Argos lost another game, this time losing to Calgary 29-19 at home. 

Quarterback Nick Arbuckle had a tough outing, throwing for 309 yards, one touchdown, and two picks. He’s now thrown multiple interceptions in back-to-back games. 

Head coach Ryan Dinwiddie said Kelly could be “probably another week,” so for now, pencil in Week 4 as a potential return. 

Next week, they’ll look to avoid going 0-3 as they host Saskatchewan. 

B.C. Lions Odds to Win 2025 Grey Cup (+1000)

The Lions got the win in Week 1, but fell to Winnipeg 34-20 in Week 2. 

Quarterback Nathan Rourke completed 12 of 27 passes for 249 yards, one touchdown, and one pick. He also had 58 rushing yards and a score. 

Backup quarterback Jeremiah Masoli threw an interception. 

Wide receiver Keon Hatcher caught four passes for 150 yards and one touchdown. 

They host Winnipeg in Week 3. 

Ottawa Redblacks Odds to Win 2025 Grey Cup (+1000)

Ottawa took another loss, losing at home in Week 2 to Montreal 39-18. 

Quarterback Dru Brown didn’t play, meaning Matthew Shiltz and Dustin Crum got some reps. Shiltz completed 22 of 32 passes for 205 yards, one touchdown, and three interceptions. 

Without Brown, this team didn’t show a lot of fight, and they’ll hope to have him back in Week 3 against Calgary. 

Calgary Stampeders Odds to Win 2025 Grey Cup (+1500)

Calgary put up 29 points in their Week 2 over Toronto. 

Quarterback Vernon Adams Jr. completed 17 of 25 passes for 301 yards. He had no passing touchdowns or picks, but had 54 rushing yards and one touchdown. 

Running back Dedrick Mills had 13 carries for 28 yards and one touchdown. 

Wide receiver Jalen Philpot had six catches for 117 yards and 

Ottawa is on deck. Calgary is hosting. 

Hamilton Tigercats Odds to Win 2025 Grey Cup (+2000)

Hamilton suffered a 28-23 loss at home to Saskatchewan in Week 2. 

Quarterback Bo Levi Mitchell had another massive workload, completing 26 of 40 passes for 336 yards, one touchdown, and a pick. 

Wide receiver Kenny Lawler caught eight passes for 162 yards. 

Kicker Marc Liegghio converted three field goals. 

Hamilton gets the week off in Week 3. 

Edmonton Elks Odds to Win 2025 Grey Cup (+3000)

The Elks were off in Week 2 after opening the season with a 31-14 loss to B.C. on the road. 

With some rest, they take on Winnipeg on the road. 

About the Author

Richard Janvrin

Read More @richardjanvrin

Richard Janvrin is a content writer for BetMGM. His work is also published at sites like Forbes, WSN, Gambling.com, Legal Sports Report, and more. He has a bachelor's degree from the University of New Hampshire.

Richard Janvrin is a content writer for BetMGM. His work is also published at sites like Forbes, WSN, Gambling.com, Legal Sports Report, and more. He has a bachelor's degree from the University of New Hampshire.