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What is a penalty bet? Is it easy to win? Full-time Job

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If you're feeling exhausted from calculating Handicap, Over/Under, or Asian Handicap bets in football matches, you can try your luck with penalty bets. As we know, penalty situations are often unpredictable, making this type of bet essentially a 50/50 chance against the bookmakers. Moreover, there are various types of penalty bets available for players.

Is penalty betting easy to win?

The penalty bet encompasses all types of bets related to penalty situations. This type of bet is usually not common in smaller matches. They are only offered by bookmakers in matches that attract a lot of attention to diversify the range of bets. So what types of bets are included in the penalty bet? Let's find out together with Win tips.

Penalty or No Penalty Bet

Although not very common, this type of bet does appear on the betting list for some matches. Players simply choose whether there will be a penalty or not. Typically, the odds for a penalty to occur are much higher than for no penalty because penalties don't happen frequently in matches.

Which Team Will Be Awarded the Next Penalty?

This is another unusual bet where players predict which team will be awarded the next penalty. Similar to the Penalty or No Penalty bet, this bet is not commonly offered on smaller betting platforms. The odds for both teams are usually high and relatively equal. If there's no penalty in the match, both bets lose.

Handicap Shootout Bet

This is perhaps a more familiar type of bet for players. It's prevalent in playoff matches of major tournaments like the Champions League, Euro, or World Cup. Recently, it appeared frequently during the Euro and Copa America tournaments.

The rules of the Handicap Shootout bet are similar to regular Handicap bets in a match. The bookmaker websites selects a favored team and gives them a handicap such as 0.5, 1.5, etc. There are no handicaps like 0.25, 0.75, 1.25, etc., as the match will definitely have a winner after the shootout. Now let's delve into each type of Handicap bet within penalty bets.

0.5 Handicap Bet

The 0.5 Handicap, also known as the half Handicap, is common in Penalty Handicap bets. In this bet, you simply select the winning team after the shootout between the favored and underdog teams. If the favored team wins, players who bet on them win, and vice versa.

1.5 Handicap Bet

The 1.5 Handicap bet is less common. In this type of bet, the favored team must win by a margin of 2 goals or more to win the bet. Usually, the shootout has to be decided within the first 10 penalty kicks because after that, a lead of 1 goal is enough to win. On the other hand, the underdog team only needs to win or lose by a margin of 1 goal to win the bet.

Over/Under Penalty Shootout Bet

Apart from Handicap Shootout bets, we cannot overlook Over/Under Penalty Shootout bets. Over/Under in a shootout follows similar rules to Over/Under bets in regular matches. The bookmaker sets a goal line, and players predict whether the total number of successful penalty kicks will be over or under that line.

Recently, there's been an increase in shootouts ending with under results due to more missed shots by players. We saw this trend in both the Euro and Copa America tournaments. For instance, the Euro semi-final between Italy and Spain had only 6 successful penalty kicks, while the Copa America semi-final had just 5 successful kicks. The increasing number of highly skilled penalty-saving goalkeepers contributes to this trend.

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So, we've covered everything you need to know about penalty betting. We've introduced you to most of the bet types available in current football betting and how free bookmaker offers profit from these bets. If a match suddenly heads to a shootout, remember to try your luck with these bets.

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What is a penalty bet? Is it easy to win?