The Toronto Raptors’ 12-2 start to the season has caught the eye of the basketball world.

It’s still early in the 2014-15 campaign but, as of Wednesday morning, the Raptors were listed with the best chance of winning the NBA championship (36.7 percent), based on odds designed by ESPN’s John Hollinger.

Hollinger’s odds account for each team’s current record and project how they will do over the course of the season. The odds, which are updated on a daily basis, use a computer to play out the remainder of the season 5,000 times to create a range of projected outcomes and determine the odds for each team to make the playoffs and final, along with their most likely win-loss record.

Based on the Hollinger Odds, the Raptors, who currently boast the league’s best record have a 100.0 chance of making the playoffs, a 99.9 percent chance of winning the division, a 92.4 percent chance of finishing with the best record in the conference and a 68.2 percent chance of making the NBA Finals.

The numbers seem extreme considering the sample size, as there wasn’t another team in the Eastern Conference listed with championship odds above 2.0 percent.

The Western Conference title favourites included the Golden State Warriors (17.8 percent), Dallas Mavericks (17.6 percent) and the Portland Trail Blazers (8.8 percent).