National Football League

Las Vegas oddsmakers are still divided on the 2015 Denver Broncos

Published May. 19, 2015 4:10 p.m. ET

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Are they still contenders with Peyton Manning under center? Or have the free-agent losses eaten away at the Broncos' chances?

Las Vegas oddsmakers at the Westgate Superbook still aren't sure.

They've placed Denver at 12-1 odds to reach Super Bowl 50 next season -- giving them the No. 5 spot ahead of the Dallas Cowboys. Only the Seahawks (5-1), Packers (5-1), Colts (7-1) and Patriots (8-1) have better odds.

To top it off, the Broncos are home favorites against two of those teams -- the Packers and Patriots -- this season.

But those same oddsmakers have downgraded two Broncos games to "pick em's" -- Week 2 against the Chiefs and Week against the Lions. And of course, the under-over on Broncos wins in 2015 sits at 10, which would be two fewer wins than last year and three fewer than the two years before that.

(h/t KUSA)