The 2024-25 NBA season is finally upon us and we’ve got all the latest Toronto Raptors betting odds & analysis to help you win your next bet on the North’s squad. Below we’ve provided up-to-date Raptors sports betting markets, the current Raptors odds to win the 2025 NBA Championship, as well as several other helpful betting tools and resources to utilize in your NBA betting experience.
Raptors Odds to Win the 2025 NBA Championship
Since capturing their first NBA title during the 2019 season thanks to the heroic efforts of Kawhi Leonard, as well as other star players such as Kyle Lowry, Pascal Siakam, and Fred VanVleet, the Raps have failed to find postseason success.
After failing to make the postseason in back-to-back seasons for the first time since missing the NBA playoffs for five consecutive years from 2009-2013, the Toronto Raptors are hoping to continue building toward the future in 2025.
After a somewhat quiet offseason, oddsmakers aren’t overly optimistic when it comes to the Raptors odds to win the 2025 NBA Championship. The Raps hold longshot odds of +10000 to win it all which is currently holding the worst odds to win the Larry O’Brien alongside other league bottom feeders such as the Brooklyn Nets, Charlotte Hornets, Detroit Pistons, Portland Trail Blazers, and Washington Wizards.
While this may not be the Raptors year to return to the Finals, anything is possible. At such longshot odds, the upside is undeniable on this futures betting market.
Check out our NBA Finals Odds guide for prices on all 30 NBA teams.
Toronto Raptors Odds Tonight
Looking for odds on tonight’s Toronto Raptors game? Then you’ve come to the right place as we provide the latest odds and lines available on the upcoming Raptors clash from the season opener, all the way to the NBA Finals.
The Brooklyn Nets and Toronto Raptors are set to face off in a matchup of struggling teams. Both squads are looking to break out of recent slumps, with the Nets having lost six of their last seven games and the Raptors dropping eight of their last eleven. The game will be played at Scotiabank Arena, where the home team has historically had success against the Nets.
Despite both teams dealing with injuries and roster changes, the Raptors are slight favorites in this contest. Toronto’s home-court advantage and the Nets’ poor road record against Eastern Conference opponents give the Raptors an edge.
| Opponent: | Date |  |
|---|---|---|
| @ New York Knicks | December 22nd | +675 |
Next Raptors Game Schedule 2024-25
Still in the preseason, the Toronto Raptors are currently in the tune-up stage of their 2024-25 campaign.
The next Raptors game will be against the New York Knicks on December 23rd at 7:30 PM EST, in Madison Square Garden in New York.
Top Raptors Betting Markets 2024-25
There’s no shortage to the ways you can bet on the Toronto Raptors in the 2024-25 NBA season. Below we’ve featured the top Raptors sports betting markets so you can get some skin in on the game and win on your next bet on the lone Canadian NBA squad this season.
Raptors Moneyline Bet
A great starting point for any rookie sports bettor, moneyline bets are as simple as it gets. Simply put, a moneyline bet is simply picking the winner of a matchup. No strings attached.
For example, if Scottie Barnes and the Raptors are set to play Gary Trent Jr. and the Milwaukee Bucks, you could bet on either side of the matchup to win the game. Favourites are represented by a minus symbol (-) which denotes the amount that needs to wagered in order to win $100. Inversely, underdogs are represented by a plus sign (+) which indicates how much is won by placing a $100 wager.
Raptors Point Spread Bet
Evening the playing field of the moneyline bet, a point spread bet is based on how much a team wins by, or loses within. If you bet on a favourite, they will need to win by a pre-determined amount, where as an underdog would need to either lose within a set amount of points, or win the game outright in order to cover.
For example, if the Toronto Raptors are taking on Dennis Schroder and the Brooklyn Nets in their next matchup, the point spread may look something like this.
- Toronto Raptors (-3.5)
- Brooklyn Nets (+3.5)
This indicates that the Raptors are favoured to win the game by four points or more against the Nets. In order for the Raptors to cover, they’ll need to win by four points or greater to cover. On the other side of this bet, the Nets would need to either lose by three points or less, or win the game in order to cover as underdogs.
Point spreads are a great betting market to utilize in order to get better value when backing a favourite as opposed to the moneyline, while also providing insurance for an underdog that you don’t fully trust can pull off the upset win, but think can keep things competitive.
Raptors Point Total OR Over/Under Bet
Instead of focusing on who wins or loses in the Toronto Raptors next matchup, point total betting allows you to wager on the final total score in the game.
For example, let’s say that the Raptors are facing the Los Angeles Lakers and the point total is set at 230.5 points. With this betting market you can bet either side of this line to either be Over or Under 230.5. This means that if the Raptors VS Lakers results in a final score of 231 total points or higher, the Over would have hit. Inversely, if it finishes with 230 points or less, than the Under is the winning market.
Raptors Over/Under wagers can be a great alternative to betting on a game if you aren’t confident in who might come out on top in the matchup, or if there are scoring trends between two teams that indicate it may be a high or low scoring matchup.
Raptors Prop Bets
Prop bets come in both game and player props, with each holding their own unique winning criteria. Popular examples of game props for the Raptors are which team will score first, if there’ll be overtime, and if the final score will be odd or even.
Player prop bets have grown incredibly popular for the NBA in recent years, allowing you to isolate the performances of specific players. For example, if Scottie Barnes has his point total line set at 23.5 points, you could be either side of this line for him to either go Over or Under the total.
Other Raptors player betting prop bets include first basket scorer, player to record a triple double, or total three-pointers made.
Raptors Futures Bets
If you think you’ve got the foresight to predict events in the NBA before they happen, then futures betting is the market for you. Future prop bets allow bettors to place wagers on season milestones such as NBA Finals winners, end of season awards such as MVP and ROY, as well as team specific futures like Toronto Raptors win totals or Scottie Barnes to win an NBA end of season award.
NBA futures prop bets can be extremely profitable if you’re able to strike while the iron is hot, as these odds are constantly changing and updating over the course of the season. If you’re able to place a bet early in the season before the action has begun, you can often nab your futures bets at increased odds when compared to later on in the year.
Matt’s Take: Raptors NBA Playoff Predictions
In my expert opinion, bettors should stay away from any betting markets indicating that the Toronto Raptors will make their return to the NBA Playoffs in 2025.
Previously published in Sports Betting Dime, The Hockey Writers, Prospects by Sports Illustrated, and FanSided, Matt has expert knowledge of all major North American sports as well as the best ways to bet on them.
While we’d all like to think that this will be a speedy rebuild, these things tend to take time. Still trying to mesh the talents of key players such as Scottie Barnes, RJ Barrett, and Immanuel Quickley, as well as a new slew of rookies in Ja’Kobe Walter, Jamal Shead, and Jonathan Mogbo, there’s sure to be some growing pains in the year ahead.
This season should be looked at as a building block for the future as we begin to isolate who will be here for the long haul, and who’ll become expendable.
What’s new for the Raptors this season?
In the 2024 NBA Draft, the Raptors selected guard Ja’Kobe Walter out of Baylor with the 19th overall pick. They also added guard Jamal Shead and big man Jonathan Mogbo in the second round of the draft.
New acquisitions to the team made this offseason include Davion Mitchell and Bruno Fernando, as well as undrafted rookies Ulrich Chomche, D.J. Carton, Branden Carlson, Jared Rhoden, and Jamison Battle.
How far can the Raptors go this Season?
The Raptors possess terrific upside for this season, but are too young and inexperienced to go deep into the postseason if they’re able to clinch a playoff birth. After finishing 12h in the Eastern Conference in 2024, the Raptors appear poised for a similar finish this season.
With the East growing more and more competitive, look for them to likely miss out on the play-in tournament, potentially earning the final spot as the 10th seed if they exceed expectations.
One player poised for a Breakout Year
All eyes will rightfully be placed firmly on All-Star forward Scottie Barnes this season, look for Canadian RJ Barrett to have a career-year with the Raptors.
After a strong showing for the Canadian National team at the 2024 Paris Olympics, Barrett has continued to grow in all aspects of his game. Entering into his sixth NBA season, Barrett is still only 24-years-old.
With ample experience to go along with his youth, the sky’s the limit for the Canadian swingman. In 32 games with the Raptors after being dealt from the New York Knicks at the trade deadline, Barrett averaged a career-high 21.8 points per game on an uber efficient 55% from the field.
Bank on Kid Canada to continue turning heads as the former Duke Blue Devil cements his spot as a cornerstone piece for his hometown squad this season.
Upcoming Raptors Free Agents
The Raptors have six potential free agents heading into the 2025 offseason:
- G/F Bruce Brown
- C Chris Boucher
- G Davion Mitchell
- G/F Garrett Temple
- G Gradey Dick (Team Option)
- G/F Ochai Agbaji (Team Option)
Set for a much quieter offseason than compared to recent years, the Raptors only have a few contracts coming to a close in 2025.
With league veterans Bruce Brown, Davion Mitchell, Chris Boucher, and Garrett Temple all on expiring deals, it’s expected that most of these players will be allowed to walk away as they don’t fit the timeline of the current Raptors framework. Potentially one or two may be brought back on cheaper deals, but don’t be surprised to see them dealt earlier in the season at the trade deadline for draft assets.
Lastly, two young players will be likely have team options used on them in former-first round picks, Gradey Dick and Ochai Agbaji. Both players are likely to be brought back in the offseason.
How to Get the Most Out of Toronto Raptors Betting Lines
First and foremost, bettors need to find a reliable oddsmaker to take your action to. Luckily for you we’ve compiled in-depth reviews on the best NBA betting sites on the market. Check out our sportsbook reviews and find the online betting site that’s right for you.
Once you’ve found a mobile sportsbook app to place your bets with sign up using the links provided and begin placing wagers on the latest Raptors gamelines and odds. Having a mobile betting app makes the user-experience of placing bets quick and easy, allowing you to throw down a wager from anywhere at anytime.
Other aspects to consider when deciding which online sportsbook is right for you are the banking options available, customer support, sportsbook features, and of course the available Raptors sports betting markets.
Outside of finding a reliable oddsmaker to place your bets with, make use of helpful sports betting tools such as injury reports and team/player trends in order to help you formulate your next winning bet slip.
How to Bet on the Toronto Raptors
Getting started at an online sportsbook is actually quite an easy process. Simply follow the steps below and you’ll be ready to bet on the Toronto Raptors in no time.
- Choose an NBA sportsbook. Check out our sportsbook reviews and find the oddsmaker that fits your betting needs. Sign up using the links provided directly on our page.
- Create an account. Input your personal details to create your online sportsbook account and verify your identity.
- Deposit funds. Transfer money into your account using an approved banking method to load your account with playing credits.
- Place your bet and track the game: Check out the odds available on the next Toronto Raptors game, place a bet, and sweat it out as the action unfolds.
How to Find the Best Welcome Bonus for Raptors Vegas Odds
A critical factor to take into account when deciding which online sportsbook you want to sign up with is the welcome bonus offered to new users. Each oddsmaker will offer new players with the chance to redeem exclusive bonuses in order to jumpstart your sports betting experience.
These sportsbooks bonuses can come in several different forms such as deposit match bonuses, free bets, and bet insurance on your first deposits/bets. Each of these sportsbook bonuses will equip your account with ample funds to place bets on the Toronto Raptors this season.
Once aspect that is important to note when redeeming a sportsbook welcome bonus is rollover or wagering requirements. Rollover means the amount that needs to wagered in order to convert your bonus funds into withdrawable currency. For example, if you received $100 in bonus credits and there is a 10x rollover, you’d need to wager $1,000 before those funds could be redeemed.
Which Sportsbook has the Best Odds on the Raptors?
All of the online sportsbooks promoted in our NBA betting site reviews offer competitive lines and odds on every Raptors game.
When it comes to providing the juiciest odds to users, the top sportsbooks in Canada are Pinnacle, bet365, and BET99. It’s important to have multiple accounts open at various sportsbooks so that you can get the most profitable odds on all of your upcoming bets on the Raptors.
Odds & lines are constantly shifting up until game time, as well as after tip-off through live betting odds. Live betting odds allow you to wager on the action in real-time so you can capitalize on a swim in momentum as the matchup unfolds. With live betting odds you can score the best profitability on Raptors bets possible depending on the time you place your bet.
Toronto Raptors Team Key Facts
| Team Name | Toronto Raptors |
| Conference | Eastern |
| Division | Atlantic |
| Founded | 1995 |
| History | Toronto Raptors (1995-Present) |
| Arena | Scotiabank Arena |
| Championships | 1 (2019) |
| Conference Titles | 1 (2019) |
Toronto Raptors Standings
In the NBA there are two conferences and six divisions, three per conference. In the Eastern Conference there is the Atlantic, Southeast, and Central divisions, and in the Western Conference there’s the Northwest, Southwest, and Pacific divisions.
The Toronto Raptors belong to the Atlantic Division in the Eastern Conference which also features the Brooklyn Nets, New York Knicks, Philadelphia 76ers, and Boston Celtics.
Below you can see where the Raptors reside within their conference and division standings and this information can be used to help influence your bets on the latest NBA Championship odds, or betting odds for the end of season.
| Measurement | Raptors 2024 Standings |
|---|---|
| Wins to Losses | TBD |
| Win % | TBD |
| Games Behind | TBD |
| Home Record | TBD |
| Conference | TBD |
| Division | TBD |
| Last 10 Games | TBD |
| Streak | TBD |
Toronto Raptors Betting Odds and Lines Final Thoughts
Betting on the Toronto Raptors is a great way to elevate the action of any game featuring the North side squad. With big expectations set for the future with Scottie Barnes and the other young talent of the Raptors, there’s going to be no shortage of profitable NBA odds and lines available on the Raptors this season.
If you’re planning on betting on the Raptors this NBA season, be sure to keep things safe and responsible, only wagering what you can afford to lose, and monitoring your spending habits.
Toronto Raptors FAQs
The Toronto Raptors play at Scotiabank Arena (formerly the Air Canada Centre), which is located in downtown Toronto, Ontario.
The Toronto Raptors’ next game is against the New York Knicks on December 23rd at 7:30 PM EST Madison Square Garden in New York.
The Toronto Raptors regular season starts in mid-October and runs until April. If the Raptors make the NBA playoffs, they continue playing until they either win the Finals (which ends in mid-June) or are eliminated from the postseason.
Maple Leaf Sports Entertainment owns the Toronto Raptors.
The Toronto Raptors got their name through a fan vote. The name was influenced by the film Jurassic Park, which came out less than a year before the naming process began.
The city was Toronto was awarded an NBA franchise in 1993, with the Toronto Raptors playing their first game on November 3, 1995.
Canadians can watch every Toronto Raptors game on Sportsnet and TSN. The two companies split the Toronto Raptors regular season and playoff games evenly.
The Toronto Raptors play 82 regular season games. They also play exhibition games (with the total differing season-to-season) before the season. If the Raptors make the playoffs, they can play up to 28 more games.
The most popular bets on Toronto Raptors are point spreads, game totals and moneylines. There are also Raptors and player props available. Canadians can also bet on the Raptors NBA futuressuch as their win total for the season, their odds to win the Atlantic Division, and their odds to make and win the NBA Finals.
Canadians can bet on the Toronto Raptors through any reputable sportsbooks. Check out our guide to the best NBA betting sites here. They offer odds on every Raptors game and futures on how the team will perform in the regular season and playoffs.
Odds for the Toronto Raptors next game open shortly after the conclusion of their previous game. Toronto Raptors lines and odds may be delayed in the event of a player injury or roster move.
The odds for the Raptors winning the championship are around +100000 heading into the 2024-25 season. This is tied with the Brooklyn Nets, Charlotte Hornets, Detroit Pistons, Portland Trail Blazers, and the Washington Wizards for the worst odds to win the 2025 NBA Championship.
The Toronto Raptors had their most wins in a season in 2017-18 where they had 59 wins. This was the best regular season record in Raptors history and a number they are still trying to beat. However, the best overall Raptors season came the following year as they captured the 2019 NBA Championship.
The top player for the Toronto Raptors is forward, Scottie Barnes. At just 23-years-old, Barnes has made an All-Star appearance, and is a former Rookie of the Year award winner.
