Following the admission of Toronto Wolfpack into League One next season, bookmakers have already released some of their odds about the chances of the Canadians.

In fact, Betway make the Wolfpack 300/1 to lift the Challenge Cup during their first ever season in the competition, after it was confirmed they will be admitted into the tournament next year.

And if you fancy a bigger bet, Ladbrokes price the Wolfpack even bigger to lift the trophy:

The Wolfpack just got bigger!

We make the new Toronto Wolfpack 1000/1 to win the 2017 Ladbrokes #ChallengeCup pic.twitter.com/MnUFtubJHo — Ladbrokes (@Ladbrokes) April 27, 2016

Betway also make them 2/1 to win the league and 14/1 to gain promotion to Super League in 2018.