The defending champion Toronto Argonauts experienced significant roster turnover this offseason. Now they enter the CFL odds season with some question marks. The biggest one is when quarterback Chad Kelly will be ready to play? The former Most Outstanding Player award winner broke his leg in last year’s playoffs. Hence, that set the stage for backup QB Nick Arbuckle to come in and lead the Argos to a Grey Cup win. Arbuckle is a great story. However, over his 19 starts in 2022 and 2023, he earned just a 61.3 passing grade.
2025 Canadian Football League Futures
| Date: | Season Runs Now through November 16, 2025 |
|---|
CFL Grey Cup Championship Future Odds:
| Team | Odds |
|---|---|
| Toronto Argonauts | +280 |
| Montreal Alouettes | +425 |
| Saskatchewan Roughriders | +500 |
| Winnipeg Blue Bombers | +550 |
| British Columbia Lions | +650 |
| Ottawa Redblacks | +700 |
| Edmonton Elks | +1000 |
| Hamilton Tiger Cats | +1000 |
| Calgary Stampeders | +3000 |
The Toronto Argonauts won a record 19th Grey Cup in 2024. Correlate the 112th Grey Cup, which is scheduled to be played at Mosaic Stadium in Regina, Saskatchewan, on November 17, 2024.
Toronto Argonauts
Following the shocking release of running back Ka’Deem Carey (92.5 rushing grade in 2024), the Argos are putting a lot on their passing game. If Kelly remains out, the offense may struggle if Arbuckle reverts to his previous form as the starting quarterback.
The Argonauts have won two of the last three Grey Cups. Both offshore betting units are led by players who were part of the team for each of those wins. Offensively, guys like Kelly, offensive lineman Ryan Hunter (71.3 overall grade in 2024), and wide receiver DaVaris Daniels (60.8) have been leading the way for the past three seasons for Toronto.
Meanwhile, on defense, linebacker Wynton McManis (83.6) and cornerback Tarvarus McFadden (83.4) have been among the best players at their position over the past three seasons. The Argonauts need to rely on these players to help boost a CFL futures team that looks a lot different from even last year.
Montreal Alouettes
Last season, the Alouettes looked all set to defend their 2023 Grey Cup title early on last season when they won 10 of their first 11 games. However, a 2-4-1 finish to the regular season didn’t bode well. Thus, sure enough, the Alouettes were upset in the East Finals by Toronto.
As a result, the Alouettes turned the page as a franchise, trading away last year’s starting quarterback Cody Fajardo (81.8 overall grade in 2024) and handing the reins over to QB Davis Alexander (75.0).
Certainly, Montreal remains one of the strongest rosters in the league. Montreal boasts stars like OL Pier-Olivier Lestage, DI Mustafa Johnson, and safety Marc-Antoine Dequoy ready to lead the way for the team in 2025.
Winnipeg Blue Bombers
The last time the Grey Cup game didn’t feature the Winnipeg Blue Bombers was in 2018. Indeed, five straight appearances are incredibly impressive. However, they have not won the big game since 2021. The fact that they even made it last year was impressive enough.
Consider that the Bombers started the 2024 season 2-6 and then won 10 of their next 11 games en route to the Grey Cup. Of major concern is that QB Zach Collaros struggled throughout the season. He compiled a 77.5 passing grade that was a far cry from the previous two seasons (86.6 and 85.2). The Bombers need a bounce-back year from Collaros if they want to make it six appearances in a row.