Oklahoma City Thunder command 48.5% implied probability as Western Conference favorites, anchored by their NBA-best 58-16 record, clinched playoff spot, and nine-game win streak featuring Shai Gilgeous-Alexander's 40-point explosions in recent victories over the Wizards and Magic. San Antonio Spurs hold 22.7% on a scorching 19-2 run since February—including a 127-95 blowout of the Bucks on March 28—fueled by Victor Wembanyama's elite two-way play, narrowing the standings gap to two games. Denver Nuggets (11.0%) and Los Angeles Lakers (6.5%) linger with top-four seeds but trail in momentum and head-to-head edges, as trader consensus reflects OKC's health return and both leaders' rest advantages heading into playoffs.