NBA draft lottery odds: Raptors have sixth-best odds to secure No. 1 pick
The Toronto Raptors have the sixth-best odds to win the NBA Draft lottery. Photo by John Minchillo/AP.

The NBA draft lottery is Sunday, May 12 and the Toronto Raptors are in contention for the top pick.

The latest: The best odds to win the lottery belong to the Detroit Pistons and Washington Wizards. Toronto has the sixth-best odds to win among the 14 teams that all carry varying chances of securing the No. 1 overall selection.

Check out the latest NBA draft lottery odds below.

NBA draft lottery odds

Click linked odds to add selection to your betslip. Note: Lines have changed/market no longer available if grey.

Team to get top pickBetting odds
Detroit Pistons+550
Washington Wizards+550
Charlotte Hornets+600
Portland Trail Blazers+600
San Antonio Spurs+800
Toronto Raptors+900
Memphis Grizzlies+1,100
Utah Jazz+1,400
Houston Rockets (via Brooklyn Nets)+2,000
Atlanta Hawks+3,000
Chicago Bulls+4,500
Houston Rockets (own pick)+6,000
Sacramento Kings+11,000
Golden State Warriors+12,500

NBA odds as of 3:46 p.m. ET on 05/07/2024.

The Pistons and Wizards are the co-favourites to score the top pick in the NBA Draft.

Both teams hold a 14% chance of winning the lottery, according to Tankathon. Detroit finished the season with the NBA's worst record (14-68) while Washington was only one game ahead (15-67).

Finishing at the bottom of the league's standings is nothing new for the Pistons. They've finished with the NBA's worst record in back-to-back seasons and have finished inside the bottom three in each of their last four seasons.

The Charlotte Hornets (13.3%), Portland Trail Blazers (13.2%) and San Antonio Spurs (10.5%) round out the top five and are the only other squads with greater than a 10% chance of securing the top pick.

Toronto had a tumultuous year. It went 25-57 during the regular season, but it will get to keep its pick as long as it remains inside the top six.

The team conditionally dealt this year's selection to the Spurs in a trade involving Jakob Poeltl. The pick goes to the Spurs if it is No. 7 or later, but it stays with the Raptors if it is No. 6 or earlier.

Toronto has a 9.0% chance of finishing with the first overall pick in the 2024 draft.

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