Oklahoma City Thunder Odds

Shai Gilgeous-Alexander and Oklahoma City Thunder are looking to build on last season’s success that included earning the No. 1 seed in the Western Conference and advancing to the semifinals for the first time since 2016. The Thunder NBA championship odds currently sit at Oklahoma City Thunder +500 on BetMGM. View more OKC Thunder odds below, including game lines, player props, futures, and more.

OkC Thunder odds Today

View the Oklahoma City Thunder odds below, including moneyline, point spreads, and totals for their next game.

Thunder NBA Championship Odds

View Thunder NBA title odds below.

Thunder Northwest Division Odds

Check out the Thunder odds to win the Northwest Division below.

Thunder Player props and Futures

Search for top Thunder players like Shai Gilgeous-Alexander using the NBA props search tool below. Search for any player in the search bar and instantly compare odds across major sportsbooks. Click on any odds in the table below to place a bet.

How to bet on the Thunder

Moneyline

Wagering on the moneyline is the simplest type of NBA bet, determinant upon a team winning or losing the game. Use the below example from a game between the Thunder and Atlanta Hawks.

Thunder -140

Hawks +175

The negative number on the Thunder moneyline (-140) indicates they are favored to win by oddsmakers. It would take a $140 wager to win $100 profit, plus the $140 originally posted for the bet. A $100 on the Hawks would net $175 in profit if they can pull off the upset. 

Point Spread

Books will also set a point spread for NBA games, which considers the margin of victory rather than just the winner and loser. The below example considers the Thunder as underdogs against the Cleveland Cavaliers:

Thunder +4.5 (-115)

Cavaliers -4.5 (-115)

Here the oddsmaker has the Cavs favored by 4.5 points, indicated by the “-4.5.” They need to win by at least five points to cover the point spread and cash the bet. As underdogs, the Thunder can lose by up to four points or win the game for a bet on them to cash. 

The (-115) odds listed next to each team’s point spread show the return on a correct bet in American Odds. Both teams have the same -115 odds so a $115 bet on the winning team pays the bettor $100, plus the $115 wagered. A $100 bet on the would earn the bettor $86.96 plus the initial wager if it hits.   

Point Total (Over/Under) 

A wager on the total is a bet on whether the combined points scored by each team will be more or less than the number set by the oddsmaker. For example, if the point total in a game between the Oklahoma City Thunder and Philadelphia 76ers is set at 235 points and ends with a final score of 121-110, a bet on the under would cash out, whereas a final score that combined for more than 235 points would not.  

Live Betting

Betting on games while they’re in-play is known as live betting, which can be a fruitful strategy for those who prepare ahead of time. Take a game that has the Thunder (-250 on the moneyline) as favorites in their matchup with the Detroit Pistons (+200 on the moneyline). A $100 bet on the Thunder before the game starts would only make a $40 profit. You also know that the Thunder often start slowly when they play at home and there’s a good chance the Pistons are able to keep this close early in the game. Using that info, you could hold on to your bet until the game is in motion to see if the odds on the Thunder moneyline shift in your favor. 

If the Pistons come out firing and claim an early lead, oddsmakers will move the lines to reflect the current score, increasing the value of a bet on the Thunder to win, upping your profits on a correctly (and well-timed) bet. 

Live betting is also where “hedging” your bets can come into play, a tactic by bettors where they make one bet before the game starts and then an opposing bet while the game is live as a way to recoup their potential losses. Let’s say you bet on Oklahoma City (+180 underdogs) to win a game against the Chicago Bulls (-200 favorites), but at halftime the Thunder are down by 10 points. The live odds for a moneyline bet on the Bulls now only pays you back one-third of your money, or -300. By giving up on the Thunder and betting on the Bulls moneyline at -300 during halftime, you’re hedging your initial bet on the Thunder in an attempt to recover some money from a seemingly lost cause.                                             

Parlays and Teasers

Parlay and Teaser bets combine multiple different bets together for an increased payout as long as 100% of your selected bets are successful. 

A parlay is slightly more straightforward than a teaser. For example, the Oklahoma City moneyline (-140) against the Miami Heat seems like a good play, as well as the Golden State Warriors (-200 on the moneyline) to defeat the Houston Rockets. You can parlay both of those outcomes together and wager, increasing the odds on your return to +157.  

A teaser allows bettors to move multiple point spreads or totals in their preferred direction. Let’s say you like the Thunder (-4.5) in their matchup with the Denver Nuggets as much as you do the Minnesota Timberwolves (-5.5 favorites) in their game with the Utah Jazz. You can tease both lines by four points (most books offer anywhere from four-to-six point teases) to shift the lines to Oklahoma City (-0.5) / Minnesota (-1.5). Now, both teams need to win by four fewer points than the original lines for your bet to cash.

Futures

Future bets are placed on props in the longer-term future. Team win totals, award winners, and player performances are common future bets. 

Compare Betting Sites & Apps For The Best Thunder Odds

When betting on the Oklahoma City Thunder, it’s crucial to stay informed about the latest odds, as they can shift rapidly due to player performances and game conditions. To secure the best value, compare various sports betting sites for the most competitive odds and a diverse range of betting markets. Using top betting apps allows you to place bets conveniently, monitor real-time line changes, and take advantage of new opportunities. With a solid strategy and the right tools, you can enhance your betting approach and maximize your potential returns when wagering on the Thunder.

Franchise History

The Thunder franchise began in Seattle as the beloved Supersonics before moving to Oklahoma City in 2008. Seattle was coming off three consecutive losing seasons, including the worst record in franchise history in 2007-08, when they managed just 20 wins all year. 

Still, the team’s stock was on the rise after drafting Kevin Durant in 2007. Durant validated management’s decision to take him second overall when he won the Rookie of the Year award. The Thunder struck gold in the next two drafts as well, picking up Russell Westbrook in 2008 and James Harden in 2009. 

OKC’s new three-headed monster pulled them out of the bottom of the Western Conference and into the playoffs in 2010. When the Thunder made it all the way to the NBA Finals 2012, many expected it to become a staple there as long as it boasted three of the best young players in the league. 

Unfortunately, that wasn’t meant to be. James Harden made it public he wasn’t okay with being the third banana on a loaded squid like the Thunder’s. Just one week into the 2012-13 season, Sam Presti traded Harden to the Houston Rockets in exchange for Kevin Martin, Jeremy Lamb, and two future first-round picks, one of which the team used to draft Steven Adams.

The now “Big 2” of Durant and Westbrook couldn’t bring OKC back to the Finals, losing in the conference semifinals and finals respectively over the next two seasons. The 2014-15 season was wasted when Durant went down for the season after just 27 games and OKC missed the playoffs entirely. 

KD returned the next year to lead the Thunder back to the Western Conference Finals against the defending champion Golden State Warriors. OKC built a 3-1 series lead, but couldn’t hang on and eventually lost to the Dubs in seven games. 

The next offseason, Durant changed the course of the NBA by signing with the Warriors for three years guaranteed and a player option for the fourth year. 

OKC spent the next four seasons losing in the first round of the playoffs during what can be described as the” Russell Westbrook Era.” Russ averaged a triple-double for three straight seasons from 2016-19, taking home league MVP honors in 2017. 

The Thunder decided to move Russ and his massive contract in 2019, trading him to the Rockets for Chris Paul. Paul was a solid stop-gap for the franchise that season, bringing a pass-first philosophy that washed away the hero-ball style of play Russ had deployed since Durant’s departure. 

Oklahoma City hasn’t made the playoffs since Paul left for the Phoenix Suns before the 2020-21 season, but that was by design. After three years of hoarding draft picks and young talent, the Thunder are finally poised to compete with the best teams in the West. Expect to see them back in the playoffs and hunting for championships over the next five years or so. 

FAQA About Thunder Odds