Oklahoma City Thunder hold a commanding 68.5% implied probability in the Western Conference champion market thanks to their perfect 8-0 playoff record, including sweeps of the Suns and Lakers, plus superior depth and defensive versatility that has neutralized top opponents all postseason. Shai Gilgeous-Alexander’s scoring and playmaking have anchored a team that finished the regular season atop the West at 64-18. The San Antonio Spurs sit at 32.2% on the strength of Victor Wembanyama’s two-way dominance and a gritty six-game win over the Timberwolves, though they enter the conference finals off a shorter rest period after a more physical second-round series. Traders see the Thunder’s experience as defending champions and home-court edge in a best-of-seven matchup as the decisive factors at this stage.