Understanding Penalty Bets – Tips and Strategies for Betting on Penalty Shootouts

Understanding Penalty Bets – Tips and Strategies for Betting on Penalty Shootouts
Among all the available football betting markets today, penalty shootout betting has become increasingly popular. This market holds special appeal because it's often the final deciding moment of a match, making it extremely thrilling. In this guide, https://wintips.com/ will walk you through how to analyze and bet effectively on penalty shootouts—so you can boost your chances of landing big wins.
What Is a Penalty Bet?
Penalty betting—also known as 11-meter betting—is a market offered when a match ends in a draw and goes to a penalty shootout. Each team takes turns shooting from the penalty spot, usually in an initial set of 5 kicks per side. If no winner is determined after the first 5 kicks each, the shootout proceeds to sudden death until a winner emerges.
The most common penalty bets include:
Handicap (spread) betting on the shootout outcome
Over/Under betting on the total number of penalty kicks taken
These bets allow you to predict which team will win the shootout and how many total penalties will be taken.
However, penalty betting is only available under two specific conditions:
The match requires a winner to be decided via penalties.
The match is tied after 90 minutes and two extra time periods.
When these conditions are met, bookmaker betting may offer penalty-specific handicap and Over/Under markets for bettors to choose from.
When Are Penalty Bets Offered?
Penalty bets typically become available while the match is still ongoing, especially during extra time. Since they’re tied to the final and most suspenseful part of the game, these bets add high drama and excitement with every kick.

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How to Place Penalty Bets
In penalty betting, you’ll usually find two main types of markets:
Handicap bets (often level-ball or very slight spreads)
Over/Under bets, typically based on a line like 7 kicks (out of a possible 10 total from both teams)
As a bettor, your job is to pick the winning team and whether the number of penalties will go over or under the bookmaker’s line. If one team leads by two after fewer than 10 penalties, the shootout ends early, and the result is settled accordingly.
Correct predictions will result in a payout, based on the final penalty shootout score.
Note: Although penalty shootouts are theoretically simple, they’re highly unpredictable—often relying more on luck than skill, as both teams are usually well-matched at this stage. Many bettors try their luck here, but consistent wins require knowledge and strategy.