Toronto Raptors NBA Championship Odds 2022-2023

The current Toronto Raptors NBA championship odds are . Toronto lost 4-2 to the Philadelphia 76ers in the First Round last postseason, although Fred VanVleet and Scottie Barnes both missed two games. They had a quiet off-season before acquiring center Jakob Poeltl at the deadline. The Raptors are locked into the 9th seed and must win two elimination games before earning the right to face Milwaukee in the First Round.

Will the Raptors emerge from the play-in and fight the Bucks tooth and nail? Check out the their odds, futures, strengths, and weaknesses below. 

Toronto Raptors NBA Championship Odds & Futures 2022-23

The current odds for Toronto futures are located in the table below. It includes championship, conference, division, playoff, and win total odds for the Raptors.

Toronto Raptors NBA Championship Odds & FuturesOdds (Updated September 2023)
2023 NBA Championship Odds
Eastern Conference Winner Odds

Despite Toronto’s play-in status, they rank 12th in Net Rating, possess extreme lineup versatility, have vast playoff experience, and are led by an excellent coach in Nick Nurse. The Raptors may not roster the top-end talent to win it all, but they can throw any series into a chaotic slugfest. Toronto should prevail against Chicago and likely Atlanta, but the First Round will probably be the end of the road considering Milwaukee awaits them. However, the Raptors are a team that nobody wants to face and therefore claim the title as the dark horse of the East.

For Toronto’s +30000 championship odds to hold a positive expected value, they must win the title at least 0.34% of the time. In other words, if the season was simulated 1000 times and the Raptors won the NBA Finals in 3 of them, it would be a losing play. Meanwhile, they must win the West at least 0.91% of the time for their +11000 conference winner odds to be profitable.

Reasons Why Toronto Raptors Can & Can’t Win NBA 2022-23 Championship


  • Defense: OG Anunoby and Scottie Barnes are elite wing defenders that can lock down opponents and throw away the key. Siakam and VanVleet are both plus defenders, while Poeltl effectively protects the rim. Off the bench, Trent Jr and Achiuwa can make big stops too. Overall, this Raptors squad features an elite defense that ranks 1st in deflections, opponent turnover percentage, and opponent second chance points. They will force opponents to work for every shot, which can wear them down over a seven game series.
  • Playmaking: VanVleet (7.2 APG) is their lead guard, but Siakam and Barnes can also operate as point forwards. In addition, Poeltl is a solid connective passer out of the post. Toronto’s numerous playmakers grants them the ability to initiate offense from a variety of areas on the court, which is vital against playoff defenses.
  • Championship Experience & Chemistry: Siakam, VanVleet, and coach Nick Nurse all played key roles in their 2019 championship, so they will have a leadership advantage over most teams. This cannot be disregarded because the playoffs are such a high-pressure situation that often causes players and teams to utterly collapse. Given their experience, Toronto should avoid this and instead elevate their play.


    • 3PT Shooting: The Raptors are 22nd in 3PA, 28th in 3PT%, and only have one player shooting over 37%. Essentially, they don’t shoot threes and don’t shoot them well. That’s a huge red flag because adequate three-point shooting is a vital trait of today’s championship teams. This weakness will likely be their demise because Toronto won’t be able to quickly slash or grow leads through a barrage of threes like opponents can.
    • Half-Court Offense: Because of their shooting woes, Toronto ranks 26th in half-court offensive efficiency. The paint often becomes crowded because teams can sag inside, and Poeltl doesn’t provide an ounce of spacing. The Raptors will rely on VanVleet, Siakam, and Barnes to score off the dribble at an efficient clip despite suffocating defense – their effectiveness will determine how far Toronto goes.
    • Guard Depth: Trent Jr and Barton form a capable backcourt bench duo, but neither are primary ball handlers. Outside of VanVleet, the Raptors don’t roster a single reliable point guard. As a result, the bench offense looks grim because players won’t be fed quality shots by a distributor. It’s unclear why Toronto hasn’t addressed this ongoing issue because it will likely play a huge factor in losing a series.
        Braxton has been covering the NBA for Lineups since the 2021-22 season. He's worked with multiple collegiate coaching staffs about analytics and scouting, which has allowed him to understand the game on a deeper level.

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