The runic corpus is one of inscriptions, not of a proven divinatory deck; the notion of a set oracle is largely modern. In the twentieth-century revival Raidho is commonly read for journeys, movement, progress along the right path and the rhythm of action taken in due order. These keyword meanings derive from the modern reconstructionist and esoteric tradition rather than from ancient testimony, and are given here as a symbolic system rather than a predictive one.
Because Raidho's attested meaning across all three surviving rune poems is consistently travel and the practical business of a journey, the modern divinatory keyword tradition, again dating to the twentieth-century revival rather than to any ancient oracular use, reads it comparatively straightforwardly for journeys, right order and the correct course of action, one of the runes where the gap between the reconstructed historical meaning and the modern esoteric gloss is narrower than for runes whose ancient sense is more obscure. Ralph Blum's 1982 handbook and the broader keyword tradition that followed both keep this journey sense close to the surface of Raidho's divinatory reading.
The Armanen-descended rune-magic tradition transmitted into English chiefly through Thorsson's work also treats Raidho as usable actively rather than only read passively: chanted aloud as galdr, or carved into wood, metal or a bind-rune combining several staves, for an intended practical effect. No source earlier than the twentieth century attests any such active magical use of this specific rune, and the practice should be understood as a modern reconstruction built on the reconstructed name and the rune poems rather than as a recovered ancient technique.