Dec. 24, 2025, 5:55 p.m. ET

The San Antonio Spurs (22-7) and Oklahoma City Thunder (26-4) meet Thursday at 2:30 p.m. ET at the Paycom Center in Oklahoma City, Oklahoma. Let’s analyze BetMGM Sportsbook’s NBA odds around the Spurs vs. Thunder odds and make our expert NBA picks and predictions for the best bets.

Season series: Spurs lead 2-0

The Spurs have handed the Thunder half of their losses this season. San Antonio took down Oklahoma City at home 130-110 Tuesday and 111-109 on a neutral-court battle as part of the NBA Cup on Dec. 13, covering as a 6.5-point and 10-point underdog, respectively. In Tuesday’s match, G Shai Gilgeous-Alexander led OKC with 33 points on 14-for-22 shooting, and F Keldon Johnson, off the bench, scored a team-high 25 points for San Antonio.

The Spurs have won 7 straight regular-season games, not including an NBA Cup Championship loss to the New York Knicks on Dec. 16, and are 5-2 against the spread (ATS) in that span. They are 17-11-1 ATS on the season.

The Thunder have traded off winning and losing over their last 6 games after a historic start to the season. Despite that, they have gone 3-3 ATS in that stretch and are 16-14 ATS on the season.

Watch the NBA on Fubo!Spurs at Thunder odds

Provided by BetMGM Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated Wednesday at 5:54 p.m. ET.

Moneyline (ML): Spurs +280 (bet $100 to win $280) | Thunder -350 (bet $350 to win $100)Against the spread (ATS): Spurs +9.5 (-115) | Thunder -9.5 (-105)Over/Under (O/U): 234.5 (O: -110 | U: -110)Spurs at Thunder key injuries

Spurs

(Not yet submitted — below was for Tuesday’s game)

C Victor Wembanyama (calf) questionable

Thunder

F Jaylin Williams (heel) questionable

For most recent updates: Official NBA injury report.

Spurs at Thunder picks and predictionsPrediction

Thunder 119, Spurs 111

PASS.

The Thunder (-325) should figure things out, especially at home, but they are far too expensive to consider here.

BET SPURS +9.5 (-115).

The Spurs are surging, and they have competitive guards and a strong second unit. They have scored at least 124 points in 3 straight games, so their offense has been efficient, even against a quality defense like OKC. San Antonio is 6-2 ATS in its last 8 regular-season games as an underdog.

The Thunder seem to have lost some of their identity, especially offensively. They have scored 122 or fewer points in 5 straight games. From Nov. 28 to Dec. 10 (6 games), they topped that amount in every game. Something has been off, and against a lengthy team like San Antonio, it might be hard to separate by a significant margin.

Take SPURS +9.5 (-110).

BET UNDER 234.5 (-110).

These teams know each other well, and this should be a highly competitive game with Christmas Day games being what some consider the kicking off of the season. The Thunder have gone Under in 3 of their last 5, allowing 112 or fewer in 8 of their past 9 contests.

The Spurs are just 2-3 O/U in their last 5 regular-season games, allowing 113 points or fewer in each. Considering the defensive strengths and that this should have heightened competitiveness, take UNDER 234.5 (-110).

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