Alongside popular bet types such as Asian handicap, European handicap, and over/under, many bookmakers now offer various side bets that are easy to play and predict. The most common side bet is the penalty odds. So, what is the over/under odds for penalty shootouts? And how is it calculated? Refer to the following article from Wintips for more information.

What is the over/under odds for penalty shootouts?

Before learning how to calculate over/under odds for penalty shootouts, you should understand what this type of bet entails.

Over/under odds for penalty shootouts involve predicting the total score of the 11m penalty shootout between two teams in a match.

If the official 90 minutes and two extra halves do not determine a winner, the penalty shootout bet comes into play.

In this type of bet, bookmakers provide specific numbers. Therefore, you need to know how to calculate over/under odds for penalty shootouts to analyze and predict, enabling you to choose the most accurate betting amount. Select 'over' if you believe the penalty score will be higher than the bookmaker's time to win prediction. Conversely, choose 'under' if you think the number of goals set by the bookmaker will be lower than the actual result.

How to calculate over/under odds for penalty shootouts

In addition to understanding what over/under odds for penalty shootouts are, players should also know how to calculate these odds. Penalty shootouts have handicapped and over/under odds. The handicap bet involves betting on the team that is stronger, with the winnings being less if that team wins. In the over/under bet, the target is typically set at 7 goals out of a total of 10 goals in the 11m penalty shootout.

Players need to choose a winning team and predict whether the total goals will be over or under the set target. In reality, both teams have 10 attempts, so the shootout concludes if there is a 2-goal difference. If the player's bet is correct, they win.

In this type of bet, the two teams go through a penalty shootout to determine the winner, and players place their bets based on this outcome.

Each team usually has 5 attempts. If the score remains tied after these 5 attempts, the match continues until one team succeeds and the other fails in the same round. After that, the penalty shootout ends.

For example, in the final match between England and Germany, after the main two halves ended in a 1-1 draw and with 30 minutes of extra time, the referee organized a penalty shootout to determine the winner. Here, the bookmaker set the over/under at 7.5. Betting over 7.5 is referred to as 'over,' while betting under 7.5 is 'under.'

The penalty shootout score is used as the result for calculating the football bets 1x2 on the 11m penalty shootout. Accurately predicting over/under odds for penalty shootouts is not simple, especially when the two teams are evenly matched, and the outcome often relies on luck.

While a significant number of people bet on over/under odds for penalty shootouts, not everyone wins. There are various popular bets in penalty shootouts, including betting on the score of the 11m penalty shootout, the team taking the last penalty, the team winning the penalty shootout, the successful 11m penalty kicks for both teams, and the over/under on the total goals scored in the 11m penalty shootout.

Tips for analyzing over/under odds for penalty shootouts

Over/under odds for penalty shootouts are a risky type of bet, but that doesn't mean players don't have the opportunity to develop strategies that can improve their winning odds. Here are some experiences from experts on winning over/under odds for penalty shootouts. It's essential to keep these in mind alongside understanding how to calculate over/under odds for penalty shootouts.

Analyzing the capabilities of both teams

Regardless of the type of bet you choose, analyzing the form of both teams will always play a crucial role. Over/under odds for penalty shootouts require players to pay attention to the skills and techniques of 11m penalty kicks. It is essential to research thoroughly before the match takes place.

After analysis, you will know which players are mentally stable and have better penalty-kicking skills based on their previous participation records. Once synthesized, players will know which team to bet on to have the highest chance of winning.

In reality, in major football matches, teams such as Germany, Portugal, and Italy often determine the outcome in penalty shootouts. Players can rely on this information to choose the team when placing bets.

Placing bets after the first penalty kick

If players have a clear understanding of over/under odds for penalty shootouts and information about the two teams playing, it is advisable to wait until the first round of kicks is completed before placing bets. Successful kicks have a significant impact on the psychological state of players on the field. The mentality of smaller teams is often not as stable as that of more experienced teams when it comes to penalty kicks.

Paying attention to the goalkeepers

The goalkeeper's performance is a crucial factor in determining victory or defeat. In today's football, most goalkeepers are talented and in good form. However, there are still goalkeepers with more experience and better shot-stopping abilities.

Therefore, advice for players is to pay attention to the main goalkeepers of both teams before participating in over/under odds for penalty shootouts. If they are renowned goalkeepers with a high probability of making successful saves, the likelihood of the match ending 'under' increases.

Key considerations when analyzing penalty odds

In addition to understanding how to calculate over/under odds for penalty shootouts and the mentioned football tips win, players should also pay attention to the following:

• Analyze the recent history and form of both teams.

• Study the playing style and habits of each player taking penalty kicks. Based on their current form and penalty-taking history of the goalkeepers in the team, we can make reasonable assumptions since the main goalkeeper is not always chosen to take penalties.

• Choose odds with the potential for significant wins, such as the odds for the team taking the last penalty, the odds for the team winning overall, etc. Although the odds may be lower, players have a higher chance of winning compared to other types of bets.

In this way, Wintips has fully addressed the questions about what over/under odds for penalty shootouts are and how to calculate them for newcomers. It is hoped that this article will help you make the wisest and most accurate decisions and strategies. Good luck to you all.