Toronto Raptors Odds

The Toronto Raptors are the team to root for if you support Canadian basketball. Raptors play in the top level of professional basketball (NBA) and had achieved some amazing feats over the past few years, including winning the championship.

In this page, we will take a look at the latest Toronto Raptors betting odds and provide betting tips to help you make informed decisions about your wagers.

Last update: March 26, 2023

Toronto Raptors Odds 2022-2023bet99

Raptors odds to win series+12800+16900
Raptors odds to win Eastern Conference+5740+6900

The Toronto Raptors is a basketball team in the eastern conference and the only outfit from Canada, taking part in the NBA. The 2019 Championship winners often take on the image of Canada’s basketball team and offers punters an opportunity to bet on various events. You can find raptors betting odds for weekly matches or to win the series.

Many Canadian bookies feature markets on major basketball events, including all matches during the NBA season. You can sign up for a free account, claim bonuses, and place various bets. Popular bets and markets include the moneyline, totals, over/under, props, and futures. Bookies also accept parlays and multi-bets.

Raptors Betting Markets & Odds

Toronto Raptors are a basketball outfit that plays in the NBA, so you can expect various events, cups, and tournaments. Each tournament and individual matches offer various betting market. Bookies also feature competitive odds and many bet types. Here are some of the popular raptors betting markets, types, and odds:

Outright Winner (Moneyline)

The moneyline market cuts across many sports and is one of the Raptors betting lines you’ll encounter in every bookie. Most basketball events result in an outright winner of the match. For instance, if the Raptors are playing the Milwaukee Bucks, you may find a moneyline bet expressed as follows:

  • Toronto Raptors -160
  • Milwaukee Bucks +135

If you bet on the Raptors to win their match against the Bucks, and they win, you’ll need to spend $160 to make a profit of $100. On the other hand, if you bet on the Bucks to win and they do, you’ll need $100 to make a profit of $135. The Toronto Raptors are the obvious favourites, which is why bookies give them lower odds on the moneyline.

Points Spread

The points spread bet is another popular betting line for Canadian punters. Spreads involve betting on the margin of victory in the game. An example of a spread bet is shown below:

  • Toronto Raptors (-2.5)
  • Milwaukee Bucks (+2.5)

In such a bet the Raptors are the favoured team as denoted by the minus (-) sign. If you bet on The Raptors to cover the spread, they must win by a margin of more than 2.5 points. There are no .5 points in basketball, so the Raptors must win by at least three points. If you bet on Milwaukee Bucks, you’re simply backing the Bucks not to lose by more than 2 points.

Totals (Under/Over)

Totals are among common Raptors betting lines because they don’t regard who wins or loses the match. Instead, the wager is placed on the total amount of goals the game will yield, regardless of who scores.  Totals are also known as Under/Over odds, because you can bet that the match will yield below or above a specific threshold of goals provided by the bookmarker.

The bookie may set the totals for the Raptors and Bucks game at 228 goals. If you bet on over, the teams must score at least 229, in a score like 119-110. If you bet on under, the game must result in fewer points like a 119-108 score. If the result is exactly 228, like in a 118-110 score, the bet becomes void and all bettors are refunded. The Raptors have hit more over (31 times) than under (26) odds this season.

Raptors Prop Bets

Prop bets are perfect when you want to focus on specific outcomes of an event or player, rather than team outcomes. You can bet on the number of goals a key player might score, or how many rebounds they’ll get. Other popular basketball props available for the Raptors include if the game will go to overtime, and whether a player will score over/under a given number of points. You can find some great Raptors odds on prop bets, which is a goldmine for seasoned punters.

Prop bets offer a chance to focus on unique outcomes that may not be prominent on most bookies. However, props also carry risks because players may suffer injury during the warm up or get substituted before fulfilling their bet.


Futures involve betting on the outcome of a future event. The moneyline bet on an upcoming event, or the outright winner of the 2023 NBA Championship, Eastern Conference, or Atlantic Division, is an example of a future bet. You can find various Raptors futures, including odds on whether the team will make it to the playoffs or the play-in tournament. You can also bet on whether a specific player will win the league’s MVP award at the end of the season. Futures may offer high odds, but many things can happen during the course of the season. Make sure you review past results and head-to-head history when betting on future events.

Raptors Betting Odds 🔢

There are many Toronto Raptors betting odds you can leverage, including all the markets mentioned above. The Raptors currently participate in the Eastern Conference and Atlantic Division and have a chance to clinch the NBA finals. Although their Championship winning season is now in the past, the team won’t lose sight of making the playoffs anytime soon. Once you make it to the playoffs, there’s always a chance to clinch the title. Here are some of the top Toronto Raptors odds you can place with online bookies in Canada:

Toronto Raptors to Win NBA Championship Odds

Bookies usually provide odds for all 30 teams fighting for the chance to win the title, like the Raptors did in 2019. The odds are adjusted throughout the season, based on developing events. Trades, injuries, dressing room fallouts and other issues can cause dips and momentum in performance, lowering and raising the odds of a team winning the championships. Toronto Raptors are not the favourite to become the 2023 NBA Champions, but anything can happen when teams reach the playoffs.

Other Popular Bets and Futures

You can bet on Toronto Raptors to win the 2022/2023 Eastern Conference or Atlantic Division.  Other futures include the Raptors to make the playoffs or make the play-in tournament. You can also bet on under/over totals for the number of wins the Raptors will achieve throughout the season.

Last update: March 26, 2023

Toronto Raptors Odds 2022-2023bet99

Raptors odds to win series+12800+16900
Raptors odds to win Eastern Conference+5740+6900

Toronto Raptors Betting Strategy

Using a betting strategy can increase your odds of making a profit and eliminate beginner mistakes. Before you start betting, research the team’s history, performance, standing, season ambitions, transfers, injuries, and overall atmosphere. You should also research the opponent and review head-to-head meetings, derbies and other factors. The goal is to place informed bets and increase your profitability. You should deploy a betting strategy each time you bet on the Raptors. Here are some things to consider:

  • Find A Reputable Bookie

You should sign up for an account with a legitimate bookmarker allowed to provide Toronto Raptor odds and other NBA markets. Look for operators with a valid license from Kahnawake, Ontario GLI, MGA, UKGC, Curacao, and other reputable licensors.

  • Leverage Sign-Up Bonuses

You can find free no deposit bets awarded just for signing up. Other bookies refund 100% of your first deposit bet if you lose it. Sportsbooks also feature various deals for regular and VIP players. You should review the promotions to find opportunities to bet more with the least risk.

  • Find Your Best Markets

You should choose markets you’re comfortable betting on. If you’re a true Raptors fan, you probably know the squad, performances, popular results and other insights others may not know. You should stick to simple markets like moneyline, spreads and totals if you’re a beginner. Advanced punters can explore props and futures.

  • Find Competitive Odds

You need the best odds if you’ve already picked a market to bet on. Competitive odds increase your potential payout, and the odds don’t affect match results. There’s no need to settle for less money when you can win more on another bookie. Make sure you consider features like cash out if you’re building multi-bets.

NBA Format

The NBA format features two conferences: Eastern and Western. At the end of the season, teams can win their respective conferences. Teams on position 1-6 from both divisions automatically qualify for the NBA playoffs. Teams occupying the 7th through 10th position enter the NBA Play-in Tournament to compete for the remaining two spots in each conference.

The playoffs feature eight teams from Eastern and eight from Western conferences. This is how the teams play against each other:

  • Team ranked 1st plays the 8th
  • Team ranked 2nd vs 7
  • Team ranked 3rd vs 6
  • Team ranked 4th vs 5th.

After the first round, the winner of 1st vs 8th meets the winner of 4th vs 5th in the second round, which is the conference semifinals. The winners move to the conference finals, which determines the ultimate winner of the conference. Opposing leaders from Eastern and Western conferences then meet in the NBA Final to determine the year’s Champion. Toronto Raptors currently compete in the Eastern Conference.

Toronto Raptors NBA Seasons

Toronto Raptors have been participating in major events since their launch in 1995. The Canadian basketball outfit has achieved some great feats, including moving further in the playoffs and winning the 2019 Championship. Here's an overview of their past and current season:

Toronto Raptors in Season 2021-22

The 2021/2022 season ended with the Raptors finishing 3rd in the Atlantic Division and 5th in the Eastern Conference. The team went to the playoffs but were knocked out in the first round 2-4 by the 76ers, leaving them unable to repeat their 2018/2019 season that saw them clinch the Eastern Conference and NBA ultimate title.

What to Expect on Season 2022-23?

The 2022/2023 season hasn’t been great for the Toronto Raptors, both in the Eastern Conference and Atlantic Division. The team lost some key players in the past transfer and has seen its performance dwindle. Raptors currently sit 12th in the Eastern Conference, but will be hopping to make it to the playoffs.

Toronto Raptors’ Standings

Since their introduction in 1995, the Toronto Raptors have won one conference title and one NBA Championships. Both titles came in the 2018/2019 season. The team was kicked out of the playoffs by Miami Heat in 2020. Toronto Raptors has also won 7 Atlantic Division titles.

Top Bookmakers to Bet on the Toronto Raptors

Finding bookmarkers featuring odds on Toronto Raptors events shouldn’t be a problem, but not all operators are equal. You should review each site or app to find the best platform for your needs. Some bookies are known for lucrative promotions, while others have the most current lines and the highest odds. Here’s an overview of our selection criteria and best bookmakers for each category:

Best Welcome Bonus and Promotions

👉 Our pick: Bet99


Nearly all sportsbooks offer bonuses for new and regular players. Some have VIP schemes to reward loyal punters. You can expect a welcome bonus, which may comprise a no deposit free bets and deposit bonuses. Some sites offer a cashback/refund, which gives you back 100% of your first deposit back if you lose it on a bet. The welcome bonus is designed to welcome new players on the sportsbook. We think Bet99 has some of the best bonuses for new players. You can also claim reload deals, odds boosts, parlay bets, weekly deals and boosts for specific NBA events. The bonus playthrough requirements are also relatively low compared to other bookmakers.

Highest Raptors Odds

👉 Our pick: BetMGM

We fancy sportsbooks with the highest odds because they allow you to make more money from the same event. Some sportsbooks have high odds for specific markets, so you can get more money for wagering on Toronto as the outright winner. Other sportsbooks offer better odds on spreads and totals, so you should consider the betting market and opportunities. BetMGM is one of the bookies with the highest odds for Toronto Raptors. The bookmarker has a strong presence in North America and can leverage its massive customer base to provide slightly higher odds than other books. BetMGM is perfect when betting on match outcomes like who wins the game, spread, and totals.

Betting Markets/Lines

👉 Our pick: Sports Interaction

Sports Interaction review

When betting on Toronto Raptors, you should look for the most current and relevant betting lines. Leading sportsbooks offer several markets for each event. You can find Raptors odds to win series, make play-off or play-in tournament, and clinch the conference or division title. Sports Interaction has some of the best betting markets and lines. You can bet on the moneyline, spread, over/under, futures, multi-bets, parlays, and more. The bookmarker also features exciting prop bets on NBA events, so you can bet on specific player outcomes. We recommend joining bookies that offer hundreds of betting markets for each event. We also review live betting markets.

Superior Betting Features

👉 Our pick: Betway

Betway Sport review

The betting features vary from sportsbook to sportsbook and influence the experience you’ll have. For instance, a site offering parlay bets, multi-bets and cashout opportunities allow you to combine multiple events and cash out your winnings before some games play out. Betway is our top pick for the best betting features. In addition to parlays and cashout, you can explore live betting, live streaming, bet building, boosted odds, free bets, and more. You should review the feature set to determine if the betting site has the conveniences you need. Don’t forget to look for sleek betting apps, swift payment methods, 24/7 customer service.

Top Security & Support

👉 Our pick: 888sport

888Sport review

We only rank legitimate sports betting websites and apps with a valid gambling license from Canada or other credible regulators. Our team looks into the security features, including SSL Certificates, malware sweeps, two-step verification, privacy policy, responsible gambling, and technical support. You need a secure betting site with a clean track record and zero breaches. 888Sport is one of the leading bookies if you seek a secure, long-serving betting platform. The bookmarker has provided NBA odds for years and offers a simple, safe interface and app to help you place real money bets on basketball events. You can also access 24/7 customer support and have access to an exciting mobile app and universal payment methods.

Read Our Provincial Betting Guides

Toronto Raptors Team Info

The Toronto Raptors participating in the Eastern Conference. The former NBA Champions also play in the Atlantic Division, in which they have 7 titles since the franchise error. Toronto Raptors was founded in 1995 and play at the Scotibank Arena. The team is a prolific outfit, recognized for their 2019 achievements, which involved winning the Eastern Conference and the ultimate prize, the NBA Championship. Raptors also made it to the playoffs in 2020, but would lose out to Miami Heat. The team is the only one from Canada, so many fans see it as a representative of other basketball teams from the country.

The Toronto Raptors are currently in the hunt for the Eastern Conference playoffs, which requires finishing in the top six. If they do not, the Raptors will have a chance through the Play-in tournament but only if they finish at least 10th in the conference. 

When Toronto makes the playoffs, they always have a chance to win at least the first series. However, given their expected regular-season ranking, the Raptors will face much tougher opponents in the playoffs this year. Unsurprisingly, the Raptors led the Eastern Conference throughout the entire 2019 season when they won their one and only NBA title, but if they make the playoffs in 2023, they will most likely be on the other side of the bracket, facing one of the conferences' two leaders.

Raptors' Magical Championship in 2019

The 2018/2019 NBA season will forever be remembered by Raptors fans all over the world as it was their first time clinching the NBA Championship. The team qualified for the playoffs automatically and went ahead to win the Eastern Conference, which placed them against the Western Conference leaders in the ultimate showdown.

Toronto Raptors beat Orlando 4-1 in the first round, before eliminating Philadelphia in the semifinals and Milwaukee in the finals. They then beat the Golden State Warriors 4-2 in the final showdown of the year, becoming the NBA Champions for the first time.

The team’s odds for winning the championship at the start of the season was, +900, and +250 at the start of the playoffs, so punters who backed the Raptors made a lot of money.
However, the 2017/2018 season is still their best after winning 59 matches, a record they’re still trying to beat.

Top Players

Rising star Scottie Barnes is making a name for himself and it seems like just a matter of time before he overtakes Pascal Siakam as the best player of the 2022/2023 season.

Pascal Siakam is prolific in Toronto Raptors prop bets, so you can tell he’s special in the team. The player has an average of 25 points per game (PPG) and 8 rebounds per game (RPG), and is the one all eyes are on.

Fred VanVleet has also produced some remarkable performances, and currently has an average of 6/5 assists per game (APG).

Toronto Raptors FAQs

How many titles have the Toronto Raptors team won?

Although the odds for Raptors to win series are low, opponents will be weary should the team reach the playoffs or play-in tournament. The Raptors have 7 titles in the Atlantic Division, which is one of the most successful of the six NBA divisions. The team also won the Eastern Conference and NBA Championship in 2019, so punters won’t be too quick to dismiss their chances this season. However, performances haven’t been promising enough to warrant a title charge.

Where can I bet on Toronto Raptors games and odds?

You can bet on Raptors on any leading bookmarker that features NBA events. Basketball, particularly the NBA, is a phenomenon in North America right next to the NFL, MLB, and HNL. We recommend joining the top-rated bookmarkers we've listed here. You can find various other sportsbooks offering competitive odds for Raptors events. Make sure you choose a reputable bookie with a secure interface and competitive odds.

Where do Toronto Raptors play their home matches?

Like all teams in the NBA, Toronto Raptors have their home ground, where they can take full advantage of home supporters. The team plays at the Scotibank Arena located in downtown Toronto. Over the years, Scotibank Arena has been a tough ground for opponents. The team was particularly formidable in the 2017/2018 season, where they made their record of winning 59 matches. Toronto Raptors also leveraged their home support throughout the 2019 playoffs that saw them become NBA champions for the first time.

When did the Toronto Raptors join the NBA?

The Toronto Raptors first joined the National Basketball Association franchise in 1993. However, the team didn’t participate in any NBA event until 1995, so most people associate the year with the founding of the Raptors. The team has been participating in NBA events for the past 27 years and is the only basketball outfit from Canada to ever win the NBA Championship. The team competes in the Eastern Conference, which features teams from Phoenix, Boston, Minnesota, Houston, Sacramento, and many more.

Where do the Toronto Raptors basketball team get their name?

The Toronto Raptors team received their name after a fan vote. Various names were put up for voting and fans given the privilege of choosing the name they want for their only NBA team from Canada. The Raptors is influenced by the Jurassic Park film, which came out about one year before the naming process began. Toronto Raptors also take on the name of their city/home ground, located in downtown Toronto, Canada.

Where can I watch Toronto Raptors matches?

Toronto Raptors play 82 regular season games and can play up to 28 more if they make it to the playoff. The team also plays various exhibition events. All games are split evenly between Sportsnet and TSN. You can also watch Toronto Raptors matches online via free or subscription-based streams. Other options include cable TV and live streams from bookies. However, live streams are minutes late and may only feature feeds for the key events during the game.