I'd say, shot rhymes with hot. Thought rhymes with bought or fought.
I'm German, and have lived in Britain, Australia and now Singapore. So my English idiolect is, of course, a bit weird. However, I would pronounce 'thought' like the London sample in https://en.wiktionary.org/wiki/thought#Pronunciation They give that as /θɔːt/.
I realize that the American sample on that page does indeed rhyme with 'hot'. They give that as /θɑt/ and blame the 'Cot–caught merger' also known as the 'LOT–THOUGHT merger' which would explain everything.
• The LOT set (stop, sock, dodge, romp, possible, quality) (+ shot, hot, cot, bot…),
and
• The THOUGHT set (taught, sauce, hawk, jaw, broad) (+ caught, bought…)
(For those without the merger, there's also the CLOTH set of words (cough, broth, cross, long, Boston) which fall in either the LOT set or the THOUGHT set depending on the specific accent.)
I'm German, and have lived in Britain, Australia and now Singapore. So my English idiolect is, of course, a bit weird. However, I would pronounce 'thought' like the London sample in https://en.wiktionary.org/wiki/thought#Pronunciation They give that as /θɔːt/.
I realize that the American sample on that page does indeed rhyme with 'hot'. They give that as /θɑt/ and blame the 'Cot–caught merger' also known as the 'LOT–THOUGHT merger' which would explain everything.
See https://en.wikipedia.org/wiki/Cot%E2%80%93caught_merger