All analogies are imperfect, and should not be considered valid representations of anything else than the narrow range of ideas they are meant to convey. They are bound to be flawed in one way or another, and the flaws ought to be always kept in mind, so as not to allow yourself to be confused. For a comprehensive, rigorous description, one needs to refer to math. There's only so much you can understand about the world in terms of everyday objects. Once you delve deeper, you just have to accept that e.g., elementary particles are not bouncing balls, electrons are not little planets orbiting the nucleus, space is not made of fabric, the universe is not a balloon etc.
With that in mind, let's get back to the analogies.
The raisin bread analogy aims to show how expanding space(dough) between the galaxies(raisins) equally everywhere can produce the observation of all raisins moving aways from each other, with the rate of recession being proportional to distance. While it's got the advantage of representing expansion in three dimensions, it does not aim to show the curvature of space at all.
The balloon analogy does show that, but unlike the former, it is a 2-dimensional representation of the 3-dimensional space. It's the only way we can picture the curvature of space - by embedding lower-dimensional spaces in out familiar 3-d environment.
But here, one needs to discard the notion of the 3rd dimension being of any physical significance. The embedding is not required mathematically for the 2-d surface to posses curvature. It's only a tool to let us picture the curving space.
So, in the 2-dimensional world of the balloon's surface, there is no centre. Wherever you stand on the surface, you observe the same thing - all galaxies(dots) are receeding from you with rate proportional to distance.
Once you start including the 3rd dimension, you've taken the analogy too far.
I strongly advise you to read that article I linked to earlier. It's in its entirety about dispelling all the misconceptions that the balloon analogy comonly breeds. And while I could go on an on about explaining the same, I'm unlikely to do it with equal clarity and efficiency.