Manchester City have been installed as favourites to win the 2014/15 FA Cup by SkyBet.
The 2010/11 winners and 2012/13 runners-up are favoured to win a this season's edition of the famous cup competition ahead of current Premier League leaders Chelsea and crosstown rivals Manchester United.
Reigning cup holders Arsenal are fourth in betting while Liverpool, Southampton and Tottenham have all been given a chance by the bookmakers.
Today's third round draw pitted City against Championship side Sheffield Wednesday to be played at the Etihad Stadium in early January.
Chelsea are at home to second tier Watford, Man Utd will travel to either Accrington Stanley or Yeovil Town once they complete their second-round replay while Arsenal have landed last season's finalists Hull City at the Emirates Stadium.
SkyBet's latest odds for outright FA Cup winner - 2014/15
Top 10
Manchester City - 5/1 Chelsea - 11/2 Manchester United - 6/1 Arsenal - 8/1 Liverpool - 9/1 Southampton - 16/1 Tottenham - 16/1 Everton - 18/1 Swansea City - 28/1 Stoke City - 40/1
