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Broncos now Super Bowl co-favorites

Peyton Manning and the Denver Broncos are now the favorites on the Super Bowl odds. The Broncos’ Super Bowl odds were trimmed to 9/2 at Sportsbook.ag on Monday, and they join the Houston Texans and the New England Patriots as the favorites. 

The San Francisco 49ers are right behind that group at 5/1 on the Super Bowl futures, followed by the Green Bay Packers and the Atlanta Falcons at 6/1.
In February, before Manning was acquired and Tim Tebow was still the starter, Denver was at 70/1. Nine months later, the Broncos look like a legit contender with a quarterback playing at an MVP level. 
Denver has won five straight games and owns a three-game lead in the AFC West. The Broncos have two games against the Kansas City Chiefs in addition to games against the Oakland Raiders and the Cleveland Browns left on their schedule.
Meanwhile, Tebow and the Jets are 200/1 longshots to win the Super Bowl. 
Updated Super Bowl Odds (courtesy of Sportsbook.ag)
Denver Broncos +450
New England Patriots +450
Houston Texans +450
San Francisco 49ers +500
Green Bay Packers +600
Atlanta Falcons +600
Chicago Bears +1,200
Baltimore Ravens +1,200
New York Giants +1,500
New Orleans Saints +2,500
Pittsburgh Steelers +3,000
Seattle Seahwks +3,500
Tampa Bay Buccaneers +5,000
Cincinnati Bengals +10,000
Minnesota Vikings +10,000
Indianapolis Colts +20,000
New York Jets +20,000
Washington Redskins +20,000
San Diego Chargers +20,000
Tennessee Titans +30,000
Detroit Lions +30,000
Buffalo Bills +30,000
Miami Dolphins +30,000
Arizona Cardinals +50,000
Philadelphia Eagles +100,000
St. Louis Rams +200,000
Oakland Raiders +500,000