Raptors Playoff Chances: Tracking Raptors Odds to Make Playoffs

By Ciaran McEneaney
Fact Checked by Joss Wood
Dennis Schröder of Toronto Raptors

Having failed to make the NBA playoffs last season and going out in the first round in 2022, the pressure is on the Toronto Raptors to deliver this year. And almost a quarter way through the regular NBA season, things aren’t quite going to plan. A middling home record needs to be much better if the Raptors odds of advancing to the playoffs or even the play-in tournament are to improve. 

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Meanwhile, the Raptors new coach Darko Rajaković has to play the rotation game very carefully. His handling of veteran wing Otto Porter Jr. is a prime example of how finely balanced the season is so far and how injuries and rotation could be a major factor in any odds swings. 

Toronto Raptors 2023-24 Playoff Odds

The Raptors started the season as rank outsiders for the NBA Championship and those odds are unlikely to change as Rajaković’s team adapts to a new offensive system. But with Scottie Barnes now finding some rhythm, backing the team to put together some wins and make the NBA playoffs is looking like a fun bet. As of February 26, 2024, here are the Raptors' postseason odds according to Caesars Sportsbook.

🍁 To Make the PlayoffsOdds currently OFF THE BOARD at Caesars
🍁 To Win Eastern Conference Finals+100000
🍁 To Win NBA Finals+100000

Raptors Odds To Win the NBA Championship at Other Sportsbooks

  • ESPN BET: +10000
  • FanDuel: +100000
  • DraftKings: +100000

Latest Raptors News and Key Developments

The hiring of new head coach Darko Rajaković was the biggest news related to the Toronto Raptors until the team traded two-time All Star Pascal Siakam to the Indiana Pacers in mid-January.  In return, the Raptors received a haul from the Pacers: Bruce Brown, Jordan Nwora and three first-round picks. Also involved in the deal were the New Orleans Pelicans who sent Kira Lewis Jr. to Toronto. The move bolsters the Raptors' efforts to continue to get younger.

  • 📅 Jun. 13th - Darko Rajaković named new head coach
  • 📅 Jun. 22nd - Gradey Dick first-round draft pick
  • 📅 Oct. 21st - Otto Porter Jr., Jakob Poeltl, and Precious Achiuwa return from injury for preseason
  • 📅 Oct. 26th - Raptors win first game vs. Timberwolves 97-94
  • 📅 Oct. 28th-30th - 3-game losing streak 
  • 📅 Dec. 15th - Players who signed contract terms in the offseason eligible to be traded
  • 📅 Jan. 17th, 2024 - The Raptors trade Pascal Siakam to the Indiana Pacers for three first-round picks as well as Bruce Brown and Jordan Nwora
  • 📅 Feb. 8th, 2024 - Trade deadline
  • 📅 Mar. 1st - Playoff Eligibility waiver deadline
  • 📅 Apr. 14th - End of the NBA regular season
Toronto Raptors Roster

Key Contributors on the Raptors Roster

Scoring 20.5 points per game so far this season, Pascal Siakam has recorded his lowest points average since the 2018-19 season. However, this should improve as he and key players O.G. Anunoby and Scottie Barnes adjust to their slightly different roles.

Despite playing on the losing team against the Miami Heat on December 6th, Otto Porter Jr.’s return to the fold showed that he could be set for a big role in the Raptors push for the playoffs or the play-in tournament. How Darko Rajaković manages his rotation to keep him fresh and injury-free will be something that could have an impact on the team's odds this season.

Where Can I Bet on the Raptors?

Since the Ontario iGaming industry launched in April 2022, there has been a massive influx of online sports betting providers all of which are fully licensed and regulated by the Alcohol and Gaming Commission of Ontario (AGCO). These include many of the biggest names in sports betting, such as DraftKings, bet365, FanDuel and Caesars. While odds may vary from one sportsbook to the next, all offer lines on the Raptors individual games, player props and Futures, like "Chances to Make the NBA Playoffs." 

In-person wagers can also be placed at retail sportsbooks located in a number of Ontario casinos. For example, casino service providers for the Ontario Lottery and Gaming Corp. (OLG)  — such as Caesars Entertainment Inc. and Great Canadian Entertainment — have been accepting in-person wagers since October 2022.  

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Toronto Raptors 2023-24 Schedule: Top Games

Picking out the most important games in a season that has already proven to be a transitional one is no easy task. But there are a few games against certain teams that certainly stand out above all others as ones to watch. 

  1. Boston Celtics - Jan 15th - 7:30 pm ET - TSN
    Favorites to win the NBA title, the Celtics present quite the challenge. If the Raptors can beat them or even hang with them, it might be a sign that they can find their way into the playoffs. Boston already edged them, 108-105, in the in-season tournament in November, so the Raptors will also be looking to exact some revenge. Celtics win, 105-96
  2. Brooklyn Nets - Feb 22nd - 7 pm ET - TSN
    It may not be quite the same as the cross-town rivalry between the Nets and the Knicks, but there’s no doubt that the Nets are the Raptors biggest rivals in the NBA. At 69-56, the Raptors hold the all-time edge as well as the longest winning streak of 12 games. 
  3. Atlanta Hawks - Feb 23rd - 6:00 ET - TSN
    The Hawks are currently one of the Raptor’s closest rivals in the Eastern Conference standings. While Darko Rajaković will certainly hope that his team is not relying on a finish in the standings to make it into the play-in tournament, beating the Hawks at this point in the season could have a major impact on the momentum of the team. But can they overcome the fatigue that comes from playing two straight nights? 
  4. Miami Heat - Apr 14th - 1 pm ET - TSN
    The Raptors will hope to have nailed down their playoff spot long before the last game of the season. If so, this could be an ideal opportunity for Rajaković to experiment against tough league opposition ahead of the playoffs. On the other hand, it could be the last chance saloon for the team. Whichever way it pans out, this looks set to be a game to watch. 

A Quick Glance at the Toronto Raptors Playoff History

The Toronto Raptors have made the playoffs 12 times in their 25-year history. The Raptors’ best playoff run was in the 2018-2019 season when they won the NBA championship. In the Finals, they put a pause on the Golden State Warriors dynasty, beating them 4 games to 2 in the best-of-seven series.  Kawhi Leonard was named MVP. With the victory, the Raptors became the first non-American team to win an NBA championship.

🏀 Playoff Appearances13
🏀 NBA Finals Appearances1 (2019)
🏆 NBA Championships1 (2019)

Raptors Playoff Odds FAQ

As of February 26, 2024. the Raptors regular season league record is 21-36.

Dennis Schroder, Scottie Barnes, OG Anunoby, Pascal Siakam and Jakob Poeltl

With an average season at best so far, the Raptors will need to quickly adapt to their new offensive system in Q2 of the season and rack up some wins. If they don’t trade Siakam and manage Otto Porter Jr.’s rotation well, the Raptors playoff chances look good.


Ciaran has written for both the sports betting and iGaming industries for over a decade. He is a true sports fanatic, and he covers a wide range of sports and online casinos in Ontario for OntarioBets.com, but his first love will always be soccer.

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