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Types of Penalty Bets in Football Betting

Many newcomers to online football betting often inquire about penalty bets. These types of bets are relatively uncommon, as they are usually offered only for matches that proceed to a penalty shootout. Consequently, not every bookmaker provides options for penalty betting. To gain a deeper understanding of this betting type, let’s explore it further and consider integrating soccer betting tips today to enhance your approach and maximize your insights.

General Overview of Penalty Bets

Penalty bets, also known as 11m bets, are a specialized form of betting that does not depend on the final outcome of the match or the overall result. Instead, these bets focus on how many successful penalty kicks a team will make. Thus, betting on penalties doesn’t always guarantee a win.

Penalty bets are typically settled only after a sufficient number of penalty shots have been taken, often more than ten. Based on various betting options provided by bookmakers, you predict the number of successful penalty kicks by either of the two teams. At the end of the match, the final result determines the outcome of the bet.

Betting on penalties can be challenging because both teams might be evenly matched, making the outcome largely a matter of luck. Additionally, when betting on penalties, you don't need to watch the entire match, as the outcome of the bet will be determined quickly.

Types of Penalty Bets

In online football betting, you may come across several types of penalty bets. Here’s a breakdown of some common options:

1. Correct Score of the Penalty Shootout

This type of bet involves predicting the exact score of the penalty shootout. For instance, if you place a $100 bet on Vietnam to win with a score of 5-4 at odds of 8.50, here are the possible outcomes:

If the score does not match your prediction: You lose the entire bet amount.

If the score matches your prediction: You win $850 (100 x 8.50).

2. Predict Whether a Penalty Will be Awarded

In this bet, you predict whether or not a penalty will be awarded during the regular 90 minutes of the match. You simply choose "Yes" or "No." If your prediction is correct, you win the bet.

3. Bet on Which Team Will Receive a Penalty

Here, you bet on which team will be awarded a penalty due to a foul or misconduct in the opponent’s penalty area. For example, if you bet that Team A will receive a penalty during the regular 90 minutes of the match, and Team A is indeed awarded a penalty, you win the bet.

4. Predict Which Team Will Take the First or Last Penalty

This bet is applicable to matches that go to a penalty shootout to determine the winner. You predict which team will take the first or last penalty. The outcome of this bet depends on the referee’s coin toss, making it primarily a game of chance.

By understanding these types of penalty bets, you can navigate this niche aspect of football betting more effectively. Moreover, integrating soccer referee tips into your strategy can provide valuable insights, further enhancing your decision-making process. By combining this knowledge with targeted betting strategies, you'll be able to approach penalty betting with increased confidence and precision.

Betting on the Winning Team in a Penalty Shootout

This type of bet is applicable in matches that are decided by a penalty shootout. You predict which team will win the shootout. For instance, if the odds for Team B are 0.95 and for Team A are 1.10, and you predict Team B will win, you will win at odds of 0.95 if Team B is victorious. Conversely, if Team B loses, you lose your entire stake.

Handicap Penalty Betting

Similar to Asian handicap betting, this type of bet involves dividing the teams into underdog and favorite categories. For example, in a match between UAE and Vietnam, if the handicap penalty is set at 0.25 goals and you bet on Vietnam with odds of 0.85, placing a bet of 100,000 VND would result in the following scenarios:

If Vietnam loses, you lose your entire bet.

If Vietnam wins the shootout, you receive a payout of 100 x 0.85 = 85,000 VND.

If, after 10 penalty shots, the teams are still tied, you lose half of your stake.

Understanding the basics of handicap betting can help you navigate handicap penalty bets more effectively.

Betting on the Total Number of Penalty Shots Taken

This type of bet involves predicting the total number of penalty shots taken by both teams combined. If your prediction is correct, you win the bet. Bookmakers offer various total shot options such as 9, 10, 7, 12, etc. If the total number of successful penalty shots matches your prediction, you win; otherwise, you lose your stake.

Betting on the Number of Successful Penalty Shots by Both Teams

In this bet, you predict the total number of successful penalty shots made by both teams. For example, if the bookmaker sets the range for Teams B and A at 6-9 goals and the final count is 8 successful penalties, then:

If you bet on 6, 7, or 9 goals, you lose.

If you bet on 8 goals, you win.

Tips for Betting on Penalty Shootouts

Prioritize Betting on the First Team to Score: If you know which team will take the first penalty, they usually have a higher chance of scoring first.

Choose the Right Penalty Bet: Betting based on popular opinion may not always be correct. Trust your analysis and judgment.

Consider the Goalkeeper’s Performance: The goalkeeper plays a crucial role in a penalty shootout. If you observe that the goalkeeper is in good form, it might influence your choice of which team will take the first penalty.

Evaluate the Penalty Takers: The skill level of the penalty takers directly impacts the outcome. Analyze the performance of players who will take penalties.

Conclusion

Penalty betting is an engaging and unique type of wager. When placing these bets, it is crucial to consider factors such as goalkeeping performance and the skill of the penalty takers. Additionally, leveraging premium soccer tips can offer valuable insights into these elements, further refining your betting strategy. By combining these expert tips with a comprehensive understanding of the match, you can make more informed and effective betting decisions.