Manchester City were generally available to back at around 2.26/5 in the FA Cup Winner market prior to Monday evening, but after being drawn away to mid-table Championship outfit Swansea in the quarter-final, the Citizens now trade at just 1.865/6 to lift the trophy.
The Swans are the complete outsiders of the remaining eight teams - available to back at 100.099/1 - and although happy to be given a home draw, the visit of the defending Premier League champions seriously reduces their chances of reaching a Wembley semi-final.
The Citizens meanwhile have shortened to 10/1 on the Betfair Sportsbook to win all four major trophies this season. Pep Guardiola's men are strong favourites to beat Chelsea in the EFL Cup final on Sunday, while they are also favourites in the Premier League and Champions League Winner markets.
Manchester derby final still possible
A FA Cup final between City and their fierce neighbours Manchester United is still very much on the cards after the Red Devils produced a superb display in beating Chelsea 2-0 at Stamford Bridge on Monday night.
Paul Pogba once again ran the show as he produced a fantastic cross for Ander Herrera to open the scoring on the half hour mark, before the powerful midfielder extended United's lead on the stroke of half-time when heading home Marcus Rashfor's brilliant cross.
Ole Gunnar Solskjaer's men are now clear second favourites to win the FA Cup at 4.77/2 but face a potentially difficult quarter-final away to Wolves (12.5), who beat in-form Championship side Bristol City to reach this stage of the competition.
They'll all fancy their chances of getting to Wembley
The remaining quarter-final ties will see Watford host Crystal Palace following wins over QPR and Doncaster respectively, while Millwall will fancy their chances of reaching Wembley when they plat at home to Brighton.
The Hornets can be backed at 15.5 to win the FA Cup, just ahead of Palace, 18.017/1, and Brighton, 22.021/1. Millwall are among the outsiders to win the competition, currently trading at 65.064/1.
FA Cup Quarter-Final Draw:
(*PL teams in bold)
- Swansea v Manchester City
- Watford v Crystal Palace
- Wolves v Manchester United
- Millwall v Brighton
*Ties to be played weekend 15-18 March 2019