NFL MVP Odds Update: Manning Leads 17 QBs in Top 20 Betting Picks

Oddsmakers were willing to bet Peyton Manning would wrap up his fifth NFL MVP this year, even before his infamous rap session with brother Eli.

Now that he has proven his rapping ability, the odds have gotten even better.

Quarterbacks traditionally dominate the NFL MVP odds conversation and it's even more pronounced in 2013—just three of the top 20 players listed on Bovada's updated NFL MVP betting board are non-QBs.

Manning leads the way as a 5-1 bet, followed by Aaron Rodgers at 13-2. Both have won in recent years as quarterbacks won 10 of the past 13 MVP awards.

Also, the league seems to be suffering a dearth of game-changing players at the other offensive skill positions at the moment, despite Adrian Peterson's win a year ago.

Here's a quick look at what sportsbooks are offering in the way of NFL MVP futures betting, according to OddsShark.com.

Denver QB Peyton Manning, a four-time winner, is entering his second season with the Broncos, who are big favorites to win the AFC West again. They stand a very good chance of hosting playoff games come January.

Green Bay QB Aaron Rodgers is the second choice.

Two more quarterbacks follow; San Francisco's Colin Kaepernick, after his break-out performance late last season, and New Orleans' Drew Brees, are paired at odds of 10-1.

Reigning MVP Peterson, who topped the 2,000-yard mark last year in Minnesota, is the top non-quarterback on the board at 12-1. New England QB Tom Brady, a two-time MVP, is also getting 12-1.

Atlanta's Matt Ryan, who led the Falcons to within one late score of the Super Bowl last year, comes next at 15-1.

Then follows last year's rookie QB triumvirate; Washington's Robert Griffin III and Seattle's Russell Wilson are both getting 18-1, and Indy's Andrew Luck is lined at 25-1.

Detroit WR Calvin Johnson, who set a new record for receiving yards in a season last year, is the second non-QB on the board at 25-1.

And Peyton's little brother (and rap partner) Eli is also getting 25-1 to win the MVP award this season.

Rounding out the NFL MVP board at Bovada are Houston RB Arian Foster, Pittsburgh QB Ben Roethlisberger, Carolina QB (and former Heisman winner) Cam Newton, Lions QB Matt Stafford, Philly QB Michael Vick and Dallas QB Tony Romo all at 33-1; Texans defensive end JJ Watt and QB teammate Matt Schaub at 40-1; and Tennessee RB Chris Johnson, Baltimore QB (and Super Bowl MVP) Joe Flacco, Seahawks RB Marshawn Lynch and San Diego QB Philip Rivers at 50-1.

And for a real wild-card pick Tim Tebow is getting 500-1 to win the NFL MVP award this season.