Toronto Raptors NBA Championship Odds 2023-2024

The current Toronto Raptors NBA championship odds are . Toronto fell short of making a playoff run, despite adding Jakob Poeltl to its roster at the trade deadline. Still, Poeltl’s presence improved the Raptors in the last third of the 2022-23 season, as they finished with a 15-11 record when he was on the floor. Can the addition of Dennis Schroder in free agency and Gradey Dick in the 2023 NBA Draft be enough to push them back into playoff contention? Check out their odds, futures, strengths, and weaknesses below. 

Toronto Raptors NBA Championship Odds & Futures 2023-24

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 April 2024)
2023 NBA Championship Odds
Eastern Conference Winner Odds

Toronto’s unwillingness to hit the “reset” button could cost it dearly in the long-term; it has declined extraordinarily favorable deals for Pascal Siakam, O.G. Anunoby, and others. The Raptors had an opportunity to not only sell high on the aforementioned players, they could have traded Fred VanVleet at the trade deadline but, instead, lost him for nothing. This squad is not a title-contending team at the moment due to their struggles shooting and creating offense in the half-court. Can a big move for a player like Damian Lillard change the trajectory for their championship hopes, or should they blow it up completely and begin a rebuild?

Reasons Why Toronto Raptors Can & Can’t Win NBA 2023-24 Championship


  • Defense: OG Anunoby and Scottie Barnes are elite wing defenders who can lock down opponents and throw away the key. Siakam is also a plus defender, while Poeltl effectively protects the rim, filling a huge area of need for Toronto. Off the bench, Trent Jr. and Achiuwa can make big stops, too. Overall, this Raptors squad features an elite defense that ranked first in deflections, opponent turnover percentage, and opponent second chance points. They will force opponents to work for every shot and the switchability they have on the perimeter will continue to impress.
  • Transition Offense/Defense: Last season, Toronto ranked first in the NBA in points off of turnovers and in opponent points off of turnovers. Further, they finished third in fastbreak points; Toronto constantly controlled the speed and pace of every game it played in. The Raptors understand when to get out in transition, whether off of a turnover or from a defensive rebound, as well as when to get back on defense after missed shots (second in the NBA in second-chance points.)
  • Length/Switchability/Protection: Toronto’s length on the perimeter is special, which is largely a reason why it is so hesitant to blow up its current roster. The Raptors have three wings that start who are between 6-foot-8 and 6-foot-9 and can guard multiple positions, giving them elite switchability on defense. Further, Toronto traded for Poeltl last season at the trade deadline, which shores up its prior vulnerability in protecting the rim.


    • 3PT Shooting: The Raptors ranked 22nd in 3PA, 28th in 3PT%, and only had one player shooting over 37% (O.G. Anunoby.) Unfortunately, Anunoby is a below-average creator; he struggles shooting off the dribble and playmaking for others. To put it simply, the Raptors don’t shoot many threes, and the ones that they actually shoot, they do not hit very often. That’s a huge red flag because adequate three-point shooting is a vital trait in 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 most opponents can.
    • Half-Court Offense: Because of their shooting woes, Toronto ranked 26th in half-court offensive efficiency and 25th in half-court points per 100 possessions. The paint often becomes crowded because teams can sag off of Toronto’s guards and wings, and Poeltl doesn’t provide an ounce of spacing, as he scarcely shoots outside of the paint. Based on the Raptors’ roster construction, this issue is unlikely to improve much – Pascal Siakam, Scottie Barnes, and Poeltl are all non-shooters, while Anunoby is limited to catch-and-shoot opportunities.
    • Guard Depth: Issues at the guard position have gone from bad to worse: Fred VanVleet departed in free agency to Houston. VanVleet wasn’t necessarily the long-term answer at point guard, as his shooting efficiency is sub-par (39% from the field), at best; however, VanVleet fit the overall makeup of the Raptors quite well. Toronto brought in Dennis Schroder to replace VanVleet, which is not a major downgrade, but guard depth continues to be a problem. Malachi Flynn is the Raptors’ backup point guard; he is a career 37% shooter from the floor and has not progressed as a playmaker for others. Not an ideal situation for a team that desperately needs shooting and half-court help.
        Drew is one of the NBA Lead Writers at, specializing in betting content such as game predictions and player props. With a deep knowledge of players and prospects, Drew has an extensive edge in covering everything NBA.

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