The Oklahoma City Thunder will raise their championship banner on Tuesday night already owning lofty expectations for the 2025-26 NBA season.

The Thunder have held steady as the clear title favorites at sportsbooks, including at +240 at BetMGM. However, there has been significant movement behind the reigning champs since the market opened.

Oklahoma City is only third at the book with 12.1% of the total money wagered on this season's NBA champion. The most money has backed Denver, with the Nuggets shifting from +1600 to +550 while garnering 17.5% of the money. Second are the Los Angeles Lakers with 15.9% while seeing their odds actually lengthen slightly from +1500 to +1600.

The book's biggest liability to open the season are the Golden State Warriors, who have been backed by 9.0% of the

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