The Spurs and Thunder enter the season as betting favorites to win the NBA title, according to championship odds. San Antonio's roster overhaul under Gregg Popovich and Oklahoma City's young core have both attracted significant money from bettors expecting a championship run.
The Spurs made aggressive moves in the offseason to compete immediately. Their front office added veteran talent alongside homegrown prospects, signaling an all-in approach after years of rebuilding. Meanwhile, the Thunder continue developing a talented roster around their core players, building momentum from last season's progress.
Both teams face steep odds, but Vegas respects what each franchise has constructed. San Antonio's experience and front office pedigree give them legitimacy as contenders. Oklahoma City's depth and youth suggest staying power throughout a long season.
Conference and division odds also favor these teams within their respective brackets. Individual MVP odds reflect the star power on both rosters, though the field remains wide open before the season tips off.
Every year, early favorites crash and surprise teams emerge. But the Spurs and Thunder have convinced oddsmakers they belong in the conversation. The next four months will tell if that confidence is justified.