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What is Penalty Shootout Betting? Details on Penalty Bets You Need to Know When Playing

Penalty shootout betting, or penalty bets, is a type of side bet in football betting that still brings excitement to the market. Penalty shootouts have a high element of luck, creating many unexpected emotions for fans watching the match. If you are not clear about this type of bet, follow the article below for bet win tips guidance on how to effectively analyze bets.

Concept of Penalty Shootout Betting

Penalty shootouts occur when a match needs a clear winner. Specifically, when two teams finish regular and extra time without a difference in score, a penalty shootout takes place.

Due to the high stakes and excitement, penalty shootouts attract the attention of fans with their tense and dramatic atmosphere. To meet the demand for football betting, the reputable bookmaker fb88 quickly created penalty shootout bets.

Therefore, penalty shootout betting is not as stable as Asian or European handicap betting, but its unpredictability has made it one of the "hottest" types of bets today.

Types of Penalty Shootout Bets

Penalty shootout bets appear briefly at the end of a match. However, the forms of these bets are very diverse and will surprise you:

Bet on the Winning Team

In this type of bet, players predict which team will win after the penalty shootout. This bet is considered to have the highest win rate among all penalty shootout bets because players can easily see which team is likely to win after watching the regular and extra time.

Bet on the Final Score

With this bet, players predict the exact score of the two teams. Although this bet has a very low win rate, the high payout makes it popular among players.

Over/Under Bets

Similar to regular Over/Under bets, penalty shootout Over/Under bets include two forms:

  • Total goals scored

  • Total penalty kicks taken

For the total goals Over/Under bet, you wait for the bookmaker's odds and then choose a number. If you predict the total number of goals in the penalty shootout is higher than the bookmaker's number, choose Over; if lower, choose Under.

Individual Penalty Kick Bets

In this bet, players bet on specific penalty kicks. Therefore, when analyzing the bet quickly, you need to understand the order in which the teams take their penalty kicks. This type of bet is quite popular due to its high win rate and suitability for newcomers to football betting.


Effective Penalty Bet Analysis Tips

Here are five tips for betting on penalty shootouts provided by the experts at the reputable bookmaker fb88. Try to refer to these tips to gain useful knowledge:

Choose the Right Penalty Bet

The top bookmaker reviews fb88 offers a variety of penalty shootout bets for you to choose from. These bets are always updated quickly and accurately for easy tracking. Each type of bet gives different win rates.

Bet After the First Penalty Kick

Why bet after the first penalty kick? Because even a small detail in the match can change the overall outcome. Once the first penalty kick goes smoothly, you can easily determine the final result. At this point, the penalty shootout bets will become clearer, allowing you to place your bets confidently.

Review Head-to-Head History

Another tip for placing penalty shootout bets is to review the head-to-head history of the teams. By examining recent match results, you can predict the outcome of the penalty shootout bets.

Analyze the Players' Strengths

Each team has its strengths and weaknesses. Some teams excel in attack, with strong, high-performing players, while others specialize in defense, with stable, durable, and skilled players. Analyze the strengths and weaknesses of the players taking the penalty kicks. Are they strong enough for penalty kicks? Have they taken similar kicks before? Additionally, information about player injuries is also essential for effective penalty shootout betting.

Be Confident in Your Bets

Believing in yourself is crucial when placing football bets. Do not follow others blindly, as this can cause confusion and disrupt your mental state. This can lead to mistakes when placing bets at top betting site with free bet.

These tips conclude our article on penalty shootout betting today. For football players, this type of bet is familiar when both teams fail to score and need a penalty shootout to decide the winner. We hope this information is genuinely helpful for you when betting on this type of bet.


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