CFL Betting: 2016 Grey Cup Futures Odds & Betting Overview

Monday, June 13, 2016 1:00 PM GMT

The 2016 Grey Cup futures list offers some great payouts, so let's take a look at the CFL Futures Odds and try to find the best betting value for this exciting competition.

The Edmonton Eskimos come into the new CFL season as both 2015 defending Grey Cup Champs and +400 favorites at Bovada to win it all against this season. The following is a look at the current betting odds for all nine teams to take home the CFL’s top prize in 2016


East Division

Hamilton Tiger-Cats +500
The Tiger-Cats finished two games behind Ottawa in the 2015 regular season at 10-8 and they made an early exit in the playoffs with a tough loss to Toronto. The team is just one year removed from a trip to the Grey Cup after winning the East in 2014. The key to getting back the title game this year could lie in how quickly injured quarterback Zach Collaros can return to the starting lineup.

Toronto Argonauts +600
Toronto’s run to a Grey Cup title came up short against Ottawa in the division finals last season after tying Hamilton for second in the East at 10-8. The Argonauts will be making their debut in their new digs at BMO Field in Week 2 against Saskatchewan and the big question surrounding this team is can its quarterback Ricky Ray stay healthy for all 18 regular season games?

Ottawa RedBlacks +700
The defending East Champs really raised the bar in its second season as the expansion RedBlacks, but Ottawa will not be able to sneak up on anyone this year after raising its win total from two games to 12 games in 2015. Quarterback Henry Burris was named CFL Most Outstanding Player last season, but at 40 years old you have to wonder how much left does he have in the tank?

Montreal Alouettes +1200
Montreal may have the longest odds on the board to win the 2016 Grey Cup, but it would not take all that much to turn things around after going 6-12 in 2015. Kevin Glenn has one more year under his belt in a new offensive system and rookie signal caller Vernon Adams is patiently waiting in the wings, so we will consider their value when placing our betting picks.


West Division

Edmonton Eskimos +400
Edmonton won the West on a tie-breaker last season after going 14-4 and it made the most of the opportunity by upending Calgary 45-31 in the division final. The Eskimos squeezed-out a tougher than expected 26-20 win over Ottawa in the CFL title game and they will try and repeat with a new head coach at the helm in Jason Mass.

Calgary Stampeders +450
The Stampeders are just one year removed from a Grey Cup title of their own after beating Hamilton in the 2014 championship game. Dave Dickerson comes in as their new head coach and he will automatically have two large holes to fill after wide receivers’ Eric Rogers and Jeff Fuller moved on to the NFL. Some turnover on the defensive side of the ball raises some concerns as well.

Saskatchewan Roughriders +800
Saskatchewan went from double-digit victories in both 2013 (11) and 2014 (10) to just three wins last season after quarterback Darian Durant was lost for the majority of the regular season. He should be back in the starting lineup on opening day, but he will have a number of new faces in the receiving corps to throw the ball to.

British Columbia Lions +900
With both Travis Lulay and Jonathon Jennings healthy and ready to go at the quarterback position, Lions’ head coach Wally Buono will have an interesting decision on his hands as to which player will be his starter on opening day. The Lions took a step backwards last season to 7-11 and that may not be good enough to land a spot in the playoffs this time around.

Winnipeg Blue Bombers +1000
The Blue Bombers are predicted to bring up the rear in the West this season after going 5-13 last year with the longest odds in the division, but the addition of a few playmakers in Weston Dressler, Ryan Smith and Andrew Harris could make things interesting for Winnipeg. Keeping quarterback Drew Willy healthy and on his feet is another key to turning things around.