Edmonton or Montreal? Here’s who oddsmakers are picking to win the Grey Cup

Nov 9 2026, 7:58 pm

The Edmonton Elks are heading to the Grey Cup for the first time in more than a decade, but they’ll have their work cut out for them if they hope to bring the championship back to Alberta.

With the 113th Grey Cup matchup officially set, the Montreal Alouettes are favoured to defeat the Elks, according to the latest odds from FanDuel.

Montreal is listed at -170 to win the championship, while Edmonton sits at +140. That means a $100 bet on the Alouettes would generate approximately $58.82 in profit, while the same wager on the Elks would return $140 in profit if they pull off the upset.

The Alouettes earned their place in the championship game with a 33-23 victory over the Winnipeg Blue Bombers in the Eastern Final. Quarterback Davis Alexander was outstanding in the win, throwing for 373 yards and two touchdowns to help Montreal book its third Grey Cup appearance in four seasons.

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Eric Bolte/Imagn Images

Edmonton, meanwhile, punched its ticket with a 28-16 win over the BC Lions in the Western Final. Cody Fajardo and the Elks defence delivered when it mattered most, with Edmonton forcing a crucial late fumble to help put the game away.

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Edmonton Elks Football Club/Facebook

The Elks will now have the opportunity to end a lengthy Grey Cup drought. The franchise last appeared in the championship game in 2015, when they lost to the Ottawa Redblacks.

There will also be plenty of home-province interest in the matchup, with Edmonton looking to bring the Grey Cup back to Alberta against a Montreal team that has been one of the CFL’s top clubs throughout the season.

The 113th Grey Cup takes place Sunday, Nov. 15, at McMahon Stadium in Calgary. Those who are in the city in the days leading up will have plenty to do, as the Grey Cup Festival is set to begin on Wednesday and will continue right up until game time.

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