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Home / CFL

What Is the Grey Cup? The CFL Championship, Explained for Bettors

  • The 113th Grey Cup will be held on November 15, 2026, at Calgary's McMahon Stadium.
  • The Grey Cup is one of Canada's largest sports events, featuring a week-long festival and millions of TV viewers.
  • Betting on the Grey Cup involves unique strategies due to Canadian football rules and unpredictable outcomes.
Ryan Tucker
By Ryan Tucker • Sports Editor & Betting Analyst
Sports Tipster & Betting Model Expert
Fact Checked by: Leigh Copson•Updated:
Grey Cup

2026 Grey Cup

This year's Grey Cup: The 113th Grey Cup is Sunday, Nov. 15, 2026, at McMahon Stadium in Calgary, 6 p.m. ET. Montreal and Edmonton earned first-round byes. See the latest prices on our CFL odds page and game-by-game previews on our CFL picks hub.

What is the Grey Cup?


The Grey Cup is both the trophy and the game. It goes to the champion of the Canadian Football League, and it's one of the oldest championship trophies in North American sports.

Albert Grey, the 4th Earl Grey and Canada's Governor General at the time, commissioned the trophy in 1909 for a reported $48. The first game was played on Dec. 4, 1909, when the University of Toronto beat the Parkdale Canoe Club 26-6 in front of 3,800 fans.

It started as an amateur championship. The CFL took control of the Cup when the league formed in 1958, and it has been the league's title game ever since. The only time the trophy left Canada was 1995, when the Baltimore Stallions beat Calgary 37-20 during the league's short-lived US expansion.

Why the Grey Cup matters


It's one of Canada's largest annual sports and TV event, regularly drawing a Canadian TV audience of about 4 million. The 2009 game set the record at 6.1 million viewers for the full broadcast.

The game is the end of a week-long party. The host city runs a Grey Cup Festival with concerts, fan zones, a parade and plenty of traditions, including a pancake breakfast that Calgary fans started in 1948. Imagine a Super Bowl week where the fans of all nine teams show up whether their team made it or not, that's the vibe.

For bettors, it's the one CFL game that gets national attention, which means more casual money in the market. Casual money tends to pile onto the favorite and the over, so it's worth checking whether the number has moved for a real reason or just because of who's betting it.

When is the Grey Cup played?


The Grey Cup is played in mid-to-late November. Since 2022 it has landed on the third Sunday of November, the week after Remembrance Day.

That isn't locked in. The league has already set the 2027 game for Nov. 7, a week earlier than recent years, so always check the official date for the current season.

The road there is short. Six of the nine teams make the playoffs:
RoundWhenFormat
Division Semi-FinalsAbout 3 weeks before the Grey Cup2nd place hosts 3rd place in each division
Division FinalsAbout 2 weeks before the Grey Cup1st place (after a bye) hosts the semi-final winner
Grey CupMid-to-late NovemberEast champion vs West champion

One quirk to know: the crossover. If the 4th-place team in one division finishes with a better record than the 3rd-place team in the other, it crosses over and takes that playoff spot. Winnipeg has crossed to the East in back-to-back seasons (2025 and 2026), so the "East" champion isn't always an Eastern team.


For the current bracket, kickoff times and lines, head to our CFL odds page.


Where is the Grey Cup played?


There's no permanent home. The game moves every year, and the CFL awards hosting rights through an internal bidding process about two years in advance. Teams and their cities pitch the league, and the winner hosts the game plus the festival around it.

YearGameHost cityStadium
2023110thHamiltonTim Hortons Field
2024111thVancouverBC Place
2025112thWinnipegPrincess Auto Stadium
2026113thCalgaryMcMahon Stadium
2027114thReginaMosaic Stadium
2028115thNot yet awarded (Edmonton has bid)–

Because the site is set years ahead, the host team rarely gets to play the final at home. It does happen. Saskatchewan won the 2013 Grey Cup at home in Regina, beating Hamilton 45-23 in front of 44,710 fans. When you do get a home team in the game, factor in the crowd. Otherwise, treat it as a neutral site and don't give either side home-field credit.

How to bet the Grey Cup


You can bet the Grey Cup two ways: long before the game as a future, or as a single game once the matchup is set.

Futures - Grey Cup winner odds are posted before the season starts and move all year. The best prices usually come early. Once the playoff bracket is set, the teams with a bye get shorter, and the semi-final teams get longer because they have to win one extra game. The Grey Cup odds on our CFL odds page are updated through the playoffs.

Game lines - Once the two teams are confirmed, you get the usual moneyline, spread and total, along with props on passing yards, rushing yards and touchdown scorers. Parlay builders can combine them; see our parlay picks for how we build ours.

Award markets - The game names a Grey Cup Most Valuable Player and a Most Valuable Canadian (the Dick Suderman Trophy). These are often posted as props during Grey Cup week. Quarterbacks win the MVP most often, but the Canadian award is where longer prices on running backs and receivers can make sense. Don't mix these up with the season-long George Reed Most Outstanding Player award, which is voted on and has its own futures market.

What I look for when betting the Grey Cup


  • Weather - It's a late-November game on the Prairies more often than not. Wind and cold hurt deep passing and kicking, which matters for totals and for any team that leans on its quarterback. Check the forecast on game day, not on Monday.
  • Canadian rules - Three downs instead of four, a bigger field and the single point (the rouge) change how scoring works. Margins of 1 point are possible on missed field goals and punts into the end zone, so don't assume NFL key numbers like 3 and 7 carry the same weight in CFL spreads.
  • Rest vs rhythm - The two division winners get a week off before their division final. That's not a factor in the Grey Cup itself, since both teams get the same week to prepare, but it shapes the futures market a few weeks earlier.
  • Favorites don't own this game - Ottawa beat a heavily favored Calgary team 39-33 in overtime in 2016. Montreal upset a favored Winnipeg team 28-24 in 2023 with a touchdown in the final 15 seconds. One game, a cold field and three downs make for a lot of variance, so I'm always interested in the underdog with the points.

Ready to bet? Compare sportsbooks on our betting sites page and check current promo codes before Grey Cup week.

Recent Grey Cup winners


YearGameWinnerScoreRunner-upVenue
2025112thSaskatchewan Roughriders25-17Montreal AlouettesWinnipeg
2024111thToronto Argonauts41-24Winnipeg Blue BombersVancouver
2023110thMontreal Alouettes28-24Winnipeg Blue BombersHamilton
2022109thToronto Argonauts24-23Winnipeg Blue BombersRegina
2021108thWinnipeg Blue Bombers33-25 (OT)Hamilton Tiger-CatsHamilton

Most Grey Cup titles


TeamTitlesLast won
Toronto Argonauts192024
Edmonton Elks142015
Winnipeg Blue Bombers122021
Ottawa (all franchises)102016
Hamilton Tiger-Cats81999
Montreal Alouettes82023
Calgary Stampeders82018
BC Lions62011
Saskatchewan Roughriders52025

Hamilton is the only current team without a Grey Cup this century.
Ryan Tucker
Ryan Tucker

Sports Editor & Betting Analyst • Sports Tipster & Betting Model Expert

Ryan is a sports content writer and editor, producing insights and analysis for major sports including NFL, NHL, NBA and more.


Born in Australia, multiple trips to North America deepened his love for the four major US sports and a continuing dream to catch as much live action as possible.

Stats and data analysis has now outgrown the hobby tag and the countless models and simulations are now being put to good use writing previews and predictions for all major sporting events across basketball, ice hockey, baseball, football and Australian sports that are still close to his heart.

You can find Ryan on Muckrack and LinkedIn.

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