Grey Cup Odds, Predictions & Best Bets for the 2026 CFL Championship

The 2026 Grey Cup brings together the Montreal Alouettes and Edmonton Elks in a championship matchup between two of the CFL’s most productive offenses. Montreal enters as the betting favorite after finishing the regular season 14-4, while Edmonton finished 13-5 and boasts one of the league’s strongest defenses.

The Alouettes have the advantage at quarterback with Davis Alexander coming off a prolific passing season, but the Elks have the rushing attack and defensive numbers to make this competitive. Our Grey Cup predictions focus on the game total, first-half result and team scoring markets, alongside player props and Grey Cup MVP candidates.

🏈 Grey Cup Odds 2026

Grey Cup odds provided by bet365, accurate as of Nov. 9

Best Grey Cup Bets

Our Grey Cup betting predictions focus on three markets at bet365, with value available beyond the traditional moneyline and spread. We’re backing a lower-scoring championship game, Montreal to establish an early advantage, and at least one offense to fall short of 20 points.

Under 55.5 Points (-110)

Montreal and Edmonton have the offensive talent to produce points, but the Under 55.5 is my preferred Grey Cup bet. Edmonton allowed just 24.3 points per game during the regular season, the CFL’s best mark, while Montreal surrendered 26.4. Those defensive numbers suggest this matchup could be more competitive than the combined offensive averages indicate.

The Alouettes averaged 34.7 points per game, but the Elks’ defensive front should make it difficult for Alexander to consistently find explosive plays. Edmonton also averaged 30.1 points, yet Montreal has enough defensive quality to limit its scoring opportunities. With championship pressure potentially encouraging more conservative play-calling, I see the total staying below 55.5 points.

1st Half Result 3-Way Alouettes (-140)

Montreal is my pick in the first-half three-way market, and I’m expecting the Alouettes to establish control before halftime. They averaged 34.7 points per game this season, compared with Edmonton’s 30.1, while Davis Alexander completed 72.1% of his passes and threw 35 touchdowns against only four interceptions. That efficiency gives Montreal an opportunity to build an early lead.

The Alouettes defeated Edmonton 48-30 in their August 8 regular-season meeting, demonstrating their ability to exploit the Elks’ defense. Edmonton’s overall defensive record is impressive, but Montreal’s passing attack presents a difficult early challenge. At -140, I’m backing the Alouettes to lead after the first half rather than waiting for them to win the full game.

Both Teams to Score 20+ Points – No (+120)

I’m taking Yes as the wrong side of this market and backing at least one team to finish below 20 points at +120. Edmonton’s defense is the biggest reason, having allowed just 24.3 points and 81.4 rushing yards per game, both league-leading figures. The Elks have the personnel to make Montreal work for every possession.

This selection also complements my Under 55.5 points prediction. Montreal’s offense has been outstanding throughout the CFL schedule, but Edmonton has a legitimate chance of holding the Alouettes below their usual scoring output. Meanwhile, the Elks face a Montreal defense that allowed 26.4 points per game. A 27-17 or 24-17 result would cash this prop while keeping the overall total comfortably below the betting line.

Grey Cup Player Props

Grey Cup player props are not available yet at most sportsbooks, so the following are estimated betting lines rather than confirmed markets. I’ll be watching for passing, rushing, receiving and touchdown opportunities in CFL predictions once books release their championship offerings. These five players stand out based on their 2026 regular-season production, expected roles and the matchup. Actual sportsbook lines may differ, so treat these as the thresholds I’m targeting rather than available wagers.

• Davis Alexander Over 299.5 Passing Yards (Estimated): Alexander threw for 5,257 yards this season, averaging approximately 292 per game. His 72.1% completion rate and 35 touchdowns make him my favorite passing prop target, particularly against an Edmonton defense that will need to contain Montreal’s explosive receiving options.
• Justin Rankin Over 74.5 Rushing Yards (Estimated): Rankin recorded 1,170 rushing yards on 204 carries, averaging 5.7 yards per attempt. He also scored nine rushing touchdowns. Montreal allowed 90.8 rushing yards per game, making Rankin an appealing option if Edmonton commits to its ground attack.
• Tyson Philpot Over 94.5 Receiving Yards (Estimated): Philpot led Montreal with 1,809 receiving yards and 13 touchdowns across 16 appearances. His 14.6 yards per reception demonstrate his big-play ability, and he should be one of Alexander’s primary targets in the championship.
• Austin Mack Over 69.5 Receiving Yards (Estimated): Mack finished with 1,254 receiving yards and nine touchdowns in 17 games. His 15.3 yards per reception make him an attractive deep-threat option for Cody Fajardo, particularly if Edmonton needs to chase points against Montreal.
• Tyler Snead Over 74.5 Receiving Yards (Estimated): Snead produced 1,474 receiving yards and 13 touchdowns in 16 games, giving Montreal another dependable receiving option alongside Philpot. His 15.5 yards per reception make this an appealing alternative to Alexander’s passing prop.

Grey Cup MVP Prediction

My Grey Cup MVP prediction is Davis Alexander, with the Montreal quarterback having the best opportunity to take home the award. Alexander finished the regular season with 5,257 passing yards, 35 touchdowns and just four interceptions, completing 72.1% of his attempts. His 122.7 passer rating highlights how efficiently he has operated Montreal’s offense, and a strong championship performance would make him a deserving winner.

Cody Fajardo is another possibility if Edmonton pulls off the upset, particularly if he delivers multiple touchdowns. Montreal receiver Tyson Philpot is also worth considering after recording 1,809 receiving yards and 13 touchdowns. Edmonton running back Justin Rankin could enter the conversation if he dominates on the ground. However, Alexander is my preferred choice, especially with Montreal favored to win.

Past Grey Cup MVPs

Quarterbacks have dominated recent Grey Cup MVP selections, making Alexander an appealing candidate. However, the award isn’t exclusively reserved for offensive players.

Grey Cup 2026 Score Prediction

I’m predicting a 27-17 Montreal victory in the 113th Grey Cup. This score aligns with all three of my recommended bets, including the Under 55.5 points, Montreal first-half result and Both Teams to Score 20+ Points – No. Alexander should provide enough offense to secure the championship, but Edmonton’s defense will make this a closer contest than the final margin suggests.

How to Bet on the Grey Cup

The Grey Cup offers several betting opportunities, including outright winner markets, point spreads, game totals, first-half results and player props. Canadian bettors can compare these markets across the top sportsbooks before choosing where to place their wagers. There may also be plenty of sportsbook promos you can use to boost your odds or profit. Promotions, qualifying requirements and market availability can change.

Before betting on the Grey Cup, compare the CFL odds rather than automatically taking the first price you find. A small difference in the spread or moneyline can make a meaningful difference to your potential return.

❓ Grey Cup Betting FAQs

Who is favored to win the 2026 Grey Cup?

The Montreal Alouettes are favored to win the 2026 Grey Cup against the Edmonton Elks. Their moneyline is -180 at bet365, compared with +150 for Edmonton. Montreal’s 14-4 regular-season record and Davis Alexander’s outstanding passing production help explain why the Alouettes enter as favorites.

When is the 2026 Grey Cup?

The 2026 Grey Cup takes place on Sunday, November 15, at McMahon Stadium in Calgary, Alberta. The championship game features the Montreal Alouettes and Edmonton Elks, with kickoff scheduled for 6 p.m. ET. It is the 113th edition of the Canadian Football League championship.

Where can I bet on the Grey Cup?

Canadian bettors can find Grey Cup betting markets at sportsbooks such as bet365, Sports Interaction, and FanDuel, subject to provincial availability. Markets typically include the moneyline, spread, game total and player props. Compare prices and promotional terms before choosing a sportsbook.

Who is the Grey Cup MVP favorite?

Davis Alexander is my pick to win Grey Cup MVP in 2026. The Montreal quarterback threw for 5,257 yards and 35 touchdowns during the regular season, giving him an excellent opportunity to earn the award. Tyson Philpot, Cody Fajardo and Justin Rankin are other players worth monitoring.

What are the best Grey Cup bets for 2026?

My three favorite Grey Cup bets are Under 55.5 points (-110), Montreal Alouettes first-half three-way result (-140) and Both Teams to Score 20+ Points – No (+120). All three selections are available at the supplied bet365 prices and reflect my 27-17 Montreal score prediction.