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What is a penalty bet?
A penalty bet encompasses all types of bets related to penalty situations. These bets are less common in smaller matches and are usually offered by bookmakers in games with high viewership to diversify the types of bets available. So, what types of penalty bets are there? Let's explore.
Bet on whether there will be a penalty in the match
Although not very common, this type of bet appears in many betting lists. Players simply choose whether there will be a penalty or not. Usually, the odds for "yes" are much higher than for "no" because the occurrence of penalties in a match is not very frequent.
Bet on which team will be awarded the next penalty
This is another unique bet for players to choose from. Similar to the bet on penalty occurrence, this bet is not common on smaller betting platforms. Only major platforms offer such variety of bets. The odds for both teams are usually high and fairly balanced. If there is no penalty in the match, the player loses regardless of the team chosen.
Handicap bet for penalty shootout
This is probably a more familiar type of bet for players. It appears frequently in playoff matches of major tournaments like the Champions League, Euro, or World Cup. The rules for this bet are similar to regular Handicap bets in matches. The bookmaker selects a favorite team and gives them a handicap such as 0.5, 1.5, etc. There are no handicaps like 0.25, 0.75, etc., because there can't be a draw between two teams after a penalty shootout. Now let's delve into each type of Handicap bet in penalty bets.
Handicap 0.5
Handicap 0.5, also known as half-goal handicap, is common in penalty handicap bets. In this bet, you simply choose the winning team after the penalty shootout between the favorite and the underdog. If the favorite team wins, the player who bet on the favorite wins, and vice versa.
Handicap 1.5
Handicap 1.5 is a less common bet. In this type of bet, the favorite team must win by a margin of 2 goals or more for the bet to win. In such cases, the penalty shootout must decide the match within the first 10 shots because after that, a one-goal difference is enough to win. On the other hand, the underdog team only needs to win or lose by a one-goal margin to win the bet.
Over/Under bet for penalty shootout
In addition to Handicap bets for penalty shootouts, we can't overlook Over/Under bets for penalty shootouts. The rules for Over/Under bets in penalty shootouts are similar to those for Over/Under bets in regular matches. The bookmaker sets a goal line, and the player predicts whether the total number of successful shots will be higher or lower than the line.
The goal lines set by bookmakers for Over/Under bets in penalty shootouts are usually 7.5 or 8.5. If the total number of successful shots is higher, the Over bet wins, and if it's lower, the Under bet wins. Recently, goalkeepers seem to be better at saving penalties, leading to an increase in Under results in penalty shootouts.
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How to Place Penalty Bets Effectively
Above, we have analyzed the types of penalties we commonly encounter in shootout series. Although betting on penalties is highly uncertain, almost a 50/50 chance, there are still some tips to increase your chances of winning when placing bets on this type of outcome.
Objective Advantage
When participating in penalty kicks, even a small objective advantage can significantly impact the player. Therefore, we need to analyze which team has the upper hand. For example, consider factors such as playing at home, whether they get to shoot near their own supporters, or whether they shoot first or second.
Among these factors, shooting near the home team's supporters is the most crucial, often overlooked. The pressure of taking a penalty is already immense, but doing so in front of thousands of home supporters intensifies the tension. Supporters know how to unsettle opposing players, whether through loud noises when the opponent is about to kick or even shining laser pointers into the player's eyes.
Understanding Player Psychology
Pay attention to the psychological state of players during the match. A playoff match lasting 120 or 90 minutes naturally brings about certain stress for the players. When it comes to penalty kicks, maintaining a strong psychological state is crucial. Therefore, understanding the players' psychological state is essential. We need to observe which team appears more composed during the match. Usually, signs of nervousness become more evident towards the end of the match.
For example, in the penalty shootout between Italy and Spain in the recent Euro semi-final, there was a noticeable difference in the psychological state of the captains of both teams. Italy's Chiellini appeared extremely confident, conversing with the referee. On the other hand, Spain's Alba displayed visible signs of nervousness. As we know, Italy eventually surpassed Spain with a score of 4-2.
Analyzing the List of Players Taking Penalties
Because psychology greatly affects the quality of penalty kicks, it's crucial to analyze whether the players taking penalties have a strong mindset. Players like Ronaldo, Bruno, or Jorginho of Chelsea are known to be reliable penalty takers. Some players perform exceptionally well overall but struggle with penalty kicks, such as Messi. Younger players often lack a strong penalty mindset.
However, sometimes even seemingly reliable players miss penalties. As witnessed, Jorginho missed his penalty in the match against England, but fortunately, his teammates rectified the situation afterward. This shows that predicting penalty outcomes cannot be entirely accurate.
Analyzing the Goalkeepers of Both Teams
An indispensable part of analyzing penalty bets is assessing the goalkeepers' ability to save penalties for both teams. In recent Euro and Copa tournaments, we've seen many goalkeepers shine in saving penalties to secure victories for their teams.
It can be said that facing specialized penalty-saving goalkeepers adds significant psychological pressure on players. Teams with such quality goalkeepers have a very high chance of winning. Therefore, players need to understand the penalty-saving records of both teams' goalkeepers. Some goalkeepers perform exceptionally well in matches but struggle with penalties.
So, we have covered everything you need to know betting tips app about penalty bets. Wintips has introduced you to almost all types of bets available in current football and how to profit from those betting options. If a match suddenly heads to a penalty shootout, remember to try your luck with these bets.