Raptors Playoff Chances: Tracking Raptors Odds to Make Playoffs

By Editorial Staff
Fact Checked by Joss Wood
Immanuel Quickley of Toronto Raptors

Shooting Guard Immanuel Quickley

Having failed to make the NBA playoffs last season and going out in the first round in 2022, the pressure was on the Toronto Raptors to deliver this year. Unfortunately, they have missed the playoffs again. But their future looks bright with a young roster and many high draft picks they obtained via trade. 

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Toronto Raptors 2023-24 Playoff Odds

The Raptors started the season as rank outsiders for the NBA Championship and those odds proved correct.

The Raptors are mathematically eliminated from the playoffs. Therefore, their playoff odds are not available at any sportsbook. 

๐Ÿ To Make the PlayoffsOFF THE BOARD
๐Ÿ To Win Eastern Conference FinalsOFF THE BOARD

Looking Ahead

With a lineup of young, budding stars, the Raptors are in a good position to rebuild into a contender quickly. As young as they are now, they are only going to get younger with the three first-round draft picks that they acquired when they traded two-time All-Star Pascal Siakam to the Indiana Pacers in mid-January.

Courtesy of the Bleacher Report, here are the chances the Raptors have of obtaining the number one pick in the NBA Draft Lottery on May 12:

Team (in order of worst record)Chance To Win NBA Draft Lottery
1. Detroit Pistons14%
2. Washington Wizards14%
3. Portland Trail Blazers13.3%
4. Charlotte Hornets13.2%
5. San Antonio Spurs10.5%
6. Toronto Raptors9%
7. Memphis Grizzlies7.5%
8. Utah Jazz6%
9. Houston Rockets (from Brooklyn Nets)4.5%
10. Atlanta Hawks3%
11. Chicago Bulls2%
12. Oklahoma City Thunder (from Houston Rockets)1.5%
13. Sacramento Kings0.8%
14. Portland Trail Blazers (from Golden State Warriors)0.7%

Latest Raptors News and Key Developments

The hiring of new head coach Darko Rajakoviฤ‡ was the biggest news related to the Toronto Raptors until the team traded Siakam.  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. Coupled with a previous trade for Immanuel Quickley, RJ Barrett and a 2024 second-round draft pick, moving Siakam bolsters the Raptors' efforts to continue to get younger.

  • ๐Ÿ“… Jun. 13th - Darko Rajakoviฤ‡ named new head coach
  • ๐Ÿ“… Jun. 22nd - Gradey Dick first-round draft pick
  • ๐Ÿ“… Oct. 21st - Otto Porter Jr., Jakob Poeltl, and Precious Achiuwa return from injury for preseason
  • ๐Ÿ“… Oct. 26th - Raptors win first game vs. Timberwolves 97-94
  • ๐Ÿ“… Oct. 28th-30th - 3-game losing streak 
  • ๐Ÿ“… Dec. 15th - Players who signed contract terms in the offseason eligible to be traded
  • ๐Ÿ“… Dec. 30th - The Raptors trade O.G. Anunoby, Precious Achiuwa and Malachi Flynn to the New York Knicks for Immanuel Quickley, RJ Barrett and a 2024 second-round draft pick.
  • ๐Ÿ“… 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
  • ๐Ÿ“… Feb. 8th, 2024 - Trade deadline
  • ๐Ÿ“… Mar. 1st - Playoff Eligibility waiver deadline
  • ๐Ÿ“… Apr. 14th - End of the NBA regular season
  • ๐Ÿ“… May 12th - NBA Draft Lottery
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.โ€™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 Rajakoviฤ‡ 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)  โ€” such as Caesars Entertainment Inc. and Great Canadian Entertainment โ€” 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 thereโ€™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 Raptorโ€™s closest rivals in the Eastern Conference standings. While Darko Rajakoviฤ‡ 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 Rajakoviฤ‡ 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.

๐Ÿ”ฅ NEW: Keep up with Canadian Shai Gilgeous-Alexander MVP odds for the 2024 season

A Quick Glance at the Toronto Raptors Playoff History

The Toronto Raptors have made the playoffs 12 times in their 25-year history. The Raptorsโ€™ 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.

๐Ÿ€ Playoff Appearances13
๐Ÿ€ NBA Finals Appearances1 (2019)
๐Ÿ† NBA Championships1 (2019)

Raptors Playoff Odds FAQ

The Raptors ended their regular season with a record of 25-57.

Immanuel Quickley, RJ Barrett, Ochai Agbaji, Gary Trent Jr. and Kelly Olynyk.

The Raptors have been eliminated from postseason play.


Editorial Staff

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