What Is the Penalty Shootout Bet? Complete Details You Need to Know

The penalty shootout bet, also known as the penalty kick bet, is a type of side bet in football betting that still brings a lot of heat to the market. With a high degree of luck involved, this type of bet delivers many surprising emotions to fans watching the game. If you’re still unclear about this betting type, follow this article from Wintips for the most effective betting guidance.

Understanding the Penalty Shootout Bet

The penalty shootout usually occurs when both teams are still tied after regular and extra time.

A penalty shootout is used to determine the winner of a match when both regular time and extra time end without a clear result. Due to its intensity and decisive nature, penalty shootouts always attract huge attention from fans with their tense and dramatic atmosphere.

To meet the demand of football bettors, the best betting site in the world like FB88 have quickly introduced the penalty shootout bet.

Thus, the penalty shootout bet is not a stable bet type like Asian Handicap or European odds. However, this unpredictability makes it one of the “hottest” bet types on the market today.

Types of Penalty Shootout Bets

Although the penalty shootout only occurs briefly at the end of a match, its various betting formats might surprise you:

1. Winning Team Bet

In this type, you predict which team will win after the penalty shootout. This is considered the easiest bet with the highest winning probability among all penalty shootout bets. That’s because you can assess each team’s chances based on their performance in regular and extra time.

2. Final Score Bet

Here, you predict the exact penalty shootout score. Despite its low probability of winning, the payout is very high, making it appealing to risk-takers.

3. Over/Under (O/U) Bet

Just like regular O/U betting, the penalty shootout version includes:

O/U on the total number of goals scored during the shootout

O/U on the total number of kicks taken in the shootout

For example, if the total number of goals in the shootout exceeds the number set by the bookmaker, you bet on “Over”; otherwise, you bet on “Under.” This bet type is simple and easy to understand.

If the first five rounds end in a draw, then the total number of rounds until a winner is decided is counted toward this bet.

4. Bet on Each Kick

This type allows you to bet on the outcome of individual penalty kicks. To make accurate predictions, you must understand the order in which players take their kicks. This bet has a relatively high win rate and is suitable for new players.

Expert Tips for Effective Penalty Betting

Here are 5 expert-backed telegram tips football from reputable bookmaker FB88 that can help you succeed when betting on penalty shootouts:

1. Choose the Right Bet Type

Wintips provides various penalty bet types for you to choose from. These are updated quickly and accurately so you can track them in real-time. Each bet type comes with different winning odds, so pick the one that best matches your knowledge and confidence.

2. Bet After the First Kick

Why wait until after the first penalty kick? Because even a small detail can drastically change the match’s momentum. Once the first kick is taken smoothly, the overall outlook becomes clearer, allowing you to make more confident decisions.

3. Review Head-to-Head History

Review the latest matchups between the two teams. This will give you better insights into likely outcomes. You’ll also learn each team’s strengths and weaknesses—such as home field advantage or favorable weather—that could impact the shootout.

4. Analyze Player Strength

Each team has its own style—some are aggressive attackers, while others are defensively solid. Evaluate the players’ ability to perform under pressure in a penalty situation. Consider their physical condition, experience in previous shootouts, and possible injuries.

5. Trust Yourself

Confidence is crucial when betting on football. Avoid following others’ opinions blindly, as it could distract you and lead to poor decision-making. A lack of confidence often results in rushed or irrational changes to your bets.

These penalty shootout betting tips wrap up today’s article. For football bettors, this bet type is familiar—especially when both teams end in a draw and must go to penalties. We hope this information proves valuable as you engage in betting on this exciting and unpredictable market.