Raičević began his career playing with the youth teams of the Budućnost Peć.
In 1998, he moved to the Greek League club Aris Thessaloniki, and he began his professional career there in the year 2000.
In the 2006–07 season, he played with the Russian Super League club Dynamo Moscow.
During summer of 2007, he left Dynamo Moscow and joined the Italian League club Eldo Napoli.
[5] Raičević was an international squad member of the Serbia and Montenegro national team at the 2006 FIBA World Championship.