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What is a penalty bet? This type of bet is very popular today

What is a penalty bet? Guide to betting on penalties

In online football betting, there are countless different types of bets, and Penalty is currently one of the most popular and attractive ones for players. When it comes to Penalty, it is no longer unfamiliar to many people, but not everyone understands how to play and the rules of this type of bet. Therefore, in this article, the expert will explain in detail what Penalty is and provide the most complete guide to betting on Penalty to help you use football tips betting effectively and participate successfully!

What is a penalty bet? Guide to betting on penalties
What is a penalty bet? Guide to betting on penalties

What is Penalty?

Penalty, also known as a penalty shootout or a penalty kick, is a form of free kick in the sport of football. The penalty spot is located 11 meters from the goal line and is calculated from the goalpost and the goalkeeper of the defending team. This is a free kick performed by only one attacking player (the one who takes the penalty kick) and the goalkeeper of the defending team.

Most penalty kicks result in a goal, even with international-level goalkeepers. This means that penalty kicks have a very high decision-making factor, especially in matches that are limited in terms of the score. Missing a penalty kick can also have a significant psychological impact on players because they miss an easy goal-scoring opportunity.

Conditions for the appearance of a Penalty, there are 2 cases:

  • Penalty kick or 11m free kick: During official play, the referee will award a penalty kick when a defending player commits a foul against an attacking player or intentionally handles the ball inside the 16.50-meter penalty area. The penalty spot is calculated at the position of the player who committed the foul, not where the ball stopped.
  • Penalty shootout: This is the method of deciding victory or defeat in a match that cannot end with a draw. Penalty shootouts are implemented when two teams have the same score after 90 minutes of regular play and extra time. Players from each team take turns to kick from the penalty spot, and the opposing team will have a goalkeeper to block the shots.

What is Penalty bet?

Penalty bet, as its name suggests, is a type of bet in which the player predicts the number of penalty kicks that will occur in a soccer match. Penalty is a type of free kick in soccer, in which the team takes a shot from 11 meters away from the goalpost.

In a match, each team is allowed only 5 penalty kicks, and the player will predict the number of successful shots of both teams. After the match ends, the player’s penalty bet will be determined.

In reality, this type of bet is based on predicting the final score of the match, as the number of penalty kicks in a match is hard to predict. Therefore, the bookmaker will offer odds before or during the match for players to place their bets.

Penalty bet is calculated from the moment when both teams officially enter the penalty shootout to determine the player’s winning or losing possibility. However, any situation in which the referee awards a penalty kick during the match will not be counted in the Penalty bet.

Types of Penalty bets and how to calculate wins and losses

Penalty bets only apply to the first 10 penalties taken. If there is still no winner after 10 penalties (5 per team), any subsequent penalties will not be counted in this bet. This is an international Penalty betting rule, so you need to understand how to play this type of bet.

Types of Penalty bets and how to calculate wins and losses
Types of Penalty bets and how to calculate wins and losses

Penalty shootout score betting

The correct score prediction of a Penalty shootout is the highest paying type of Penalty bet. With this bet, the player predicts the exact result of the Penalty shootout. There will be many results for players to choose from, and each result will correspond to a different payout ratio from high to low.

Over/Under betting on the total number of goals scored in a Penalty shootout

This is the most common type of bet in football betting and is also the most popular type of bet. The Penalty Over/Under bet will often appear in knockout cup matches.

With this type of bet, the player predicts whether the total number of penalties successfully taken by the two teams will be above or below the betting line set by the bookmaker.

Predicting whether a match will have penalties or not

This type of bet appears in almost all matches. Players will easily find this bet in the expanded betting section of bookmakers. However, some bookmakers may not provide this type of bet.

With this bet, the player predicts whether there will be penalties in the official 90 minutes of play in the match. You will have two options, “Yes” or “No.” You will win the bet if the match ends and the result matches your prediction.

Prediction of which team will be awarded a penalty

This is a popular type of penalty bet with attractive odds. You place a bet on the likelihood that a team will be awarded a penalty when players commit fouls or play poorly within the opponent’s 16.50-meter box and are penalized by the referee.

For example: In a match between team A and team B, you place a bet on team A being awarded a penalty. If team A is awarded a penalty within the 90-minute play, you win the bet, regardless of whether they score or not.

Predicting which team will take the first or the last penalty kick

This is a type of penalty bet that only applies to matches that progress to a penalty shoot-out to determine the winner. You predict which team will take the first penalty kick.

As you may know, the outcome of this type of bet often depends on the toss of a coin by the referees (who toss the coin first to determine the goal end). Therefore, this is a type of bet that depends largely on luck.

Predicting the winning team in a penalty shootout

This type of betting is only applicable in matches that have to go into a penalty shootout to determine the winner. You will predict the team that will win overall in the deciding penalty shootout.

Predicting the winning team in a penalty shootout
Predicting the winning team in a penalty shootout

Penalty Handicap Betting

This is a form of betting similar to Handicap (Asian Handicap) betting. The bookmaker will designate the teams as the upper and lower teams. If you understand Handicap (Asian Handicap) betting in football, you will easily grasp Penalty Handicap betting because they are very similar in nature.

Total number of penalty shootout kicks

This is a simple type of Penalty betting where you predict the total number of kicks taken by both teams to get the final result. If your prediction is correct, you win the bet.

For example: The bookmaker will offer many total Penalty shootout kicks bets for players to choose from (7, 9, 10, 12, etc.). At this point, you will choose a specific number. If the result is correct, you win the bet, or if it is incorrect, you lose the bet.

Betting on the successful penalty kicks of both teams

This is a form of betting where you predict the total number of successful penalty kicks taken by both teams in the match.

For example: The bookmaker offers a bet on the total successful Penalty kicks taken between team A and team B, ranging from (6, 7, 8, 9) goals. At this point, if the match between team A and team B ends with a total penalty shootout score of 7 goals, there will be 2 possibilities:

  • If you place a bet on 7 goals, you win the bet.
  • Conversely, if you bet on 6, 8, or 9 goals, you lose the bet.

The most accurate guide for newbies on how to place penalty bets

After understanding what penalty betting is and the various types of bets, we will guide you on how to place accurate Penalty bets on online betting sites. The process of placing a Penalty bet on a betting site involves four steps:

Step 1: Access the chosen betting site

Firstly, you need to access the betting site where you want to place your bets and then log in to your gaming account. In case you don’t have an account, click on the “REGISTER” button and fill in your information to create an account.

Access the chosen betting site
Access the chosen betting site

Step 2: Select the sports section

After successful login, click on the “Sports” section on the main menu.

Step 3: Select the sports game room

At this point, the system screen will display some sports game rooms for you to choose from. Select your favorite sports game room and then find the “Football” section.

Select the sports game room
Select the sports game room

Step 4: Place a penalty bet

In this step, you need to find and click on the Penalty bet of the football match that you have selected. Then select the amount of money to bet and click on “Complete” to start participating in the betting.

Place a penalty bet
Place a penalty bet

Effective Tips for Betting on Penalty Shootouts

Penalty betting is a form of gambling that involves a lot of luck. Therefore, it can be difficult to accurately predict the outcome of a match, and betting on teams with higher win rates does not necessarily lead to higher chances of winning. However, some people enjoy this type of bet to showcase their predictive skills and enhance their reputation. Here are some tips for betting on penalty shootouts that can be useful:

Analyze the penalty-taking ability of both teams

If you are a football enthusiast, you will likely pay attention to the accuracy of each player’s shot. Furthermore, it is crucial to understand the psychological state of the teams during the penalty shootout. The team with a strong mental game and less pressure will have a higher chance of scoring more goals during the shootout.

Place bets after the first two penalty shots

To increase the chances of winning, it is recommended to place bets after the first two penalty shots of both teams. The first shootout is an appropriate time to analyze and understand the strengths and weaknesses of each player on both teams.

Choose the most reasonable type of penalty bet

Reputable betting websites offer various types of penalty bets for players to choose from. Before the shootout, you should identify the appropriate types of bets to make an accurate selection and avoid misunderstandings that may lead to poor decisions.

Furthermore, betting on teams with players who are skilled at taking penalties can significantly increase the chance of winning.

Conclusion

In this article, we have explained what penalty betting is and provided a detailed guide on how to bet on penalty shootouts. To effectively bet on penalty shootouts, the most important thing to consider is the penalty-taking ability of the players, along with the ability of the goalkeepers to stop penalties. To comprehend these aspects, you must be a football expert or access specialized websites that provide in-depth analysis of team statistics and players. Good luck when betting on penalty shootouts!

See also: How to calculate money in football betting