For those who have been involved in betting for a long time, the Penalty over/under bet is likely to be familiar.

This is an easy bet to play with high payout odds. And in this article, I will provide you with useful information along with how to play this heart-pounding bet.

What is the Penalty over/under bet?

The Penalty over/under bet is a form of wagering that predicts the number of penalty shootout kicks in a football match. However, this bet only occurs when the match has finished the full 90 minutes of regular play and no winner has been determined.

In other words, when two teams have a tied score and need to decide the winner through a penalty shootout.

Therefore, not every football match offers the Penalty bet for betting. According to many experts, this type of bet often involves a high level of unpredictability.

For each match, bookmakers will rely on analyzed results to provide suitable Penalty over/under odds.

In a penalty shootout, each team will have the opportunity to take 5 penalty kicks. The player's task is to accurately predict the number of successful penalty kicks by the top soccer tips.

If the final result matches your bet, you will be the winner.

In the event that after 5 kicks no winner is determined, both teams will proceed to a second round of kicks. The penalty kicks will continue until a winner is determined.

How to interpret the Penalty over/under odds on the betting board

When playing, observers can see on the betting board that the bookmaker provides odds for one team on the over side and one team on the under side.

For example, as shown in the image, the bookmaker predicts that it will take 7.5 penalty kicks to determine the outcome.

If in reality, penalties are taken up to the 8th kick, then those who bet Over will win.

Conversely, if in reality only 6 or 7 penalty kicks are taken to conclude, then the Under bet will win.

The result will be displayed immediately after the penalty shootout concludes.

How to calculate winnings for the Penalty over/under bet

According to the rules, when playing the Penalty over/under bet, players win money if they win and lose money if they lose. However, there are also cases of half wins and half losses, which may confuse some novice players.

Actually, it's not too difficult to understand, and if you're still unsure about how the winnings are calculated for this bet, please read the instructions below carefully.

Case of full win: meaning you win outright and receive the full payout from the bookmaker.

Winnings = Odds x Initial bet amount

Case of half win: meaning you win half and receive half of the payout as determined by win tips today.

Winnings = (Odds x Initial bet amount) / 2

Case of full loss: meaning you lose the Penalty over/under bet and lose the entire initial bet amount.

Loss = Initial bet amount

Case of half loss: meaning you only lose half and lose only half of the initial bet amount.

Loss = Initial bet amount / 2

Other popular Penalty-related betting options?

Besides the type of bet I just introduced, you can also participate in betting on some other popular types of Penalty bets such as:

Final score bet: This bet is quite easy to play, you just need to accurately predict the final shootout score of both teams. If you are new to betting, I recommend you choose this bet because of its simple rules and high payout odds.

Winning team bet: In this type of bet, you have to predict the winning team at the end of the shootout. If you have thoroughly researched the goalkeeping abilities of each team, then this bet should be easy, right?

Penalty Handicap bet: This is a type of bet based on the total number of penalties that both teams have taken. Similar to the Penalty over/under bet, Handicap Pen only appears when the match between the two teams needs to be decided and enters a penalty shootout.

Bet on each kick: When playing this bet, you need to bet on a specific kick in the shootout. From my experience, you need to carefully study the order of kicks for each team to avoid confusion when placing your bets.

5 Tips for winning Penalty over/under bets

The penalty shootout is truly a classic and unpredictable series of kicks. If you're unsure how to win big with the Penalty over/under bet, consider some of my won 1x2 tips below.

Analyze and evaluate each team's penalty-taking ability

The first thing you need to grasp is the penalty-taking ability of each team. Pay close attention to the strong shooters as well as the technical and mental attributes of each player.

Especially, find out who the top goal scorers are, who consistently create the most dangerous attacks for the team.

By compiling all this information, you can make accurate predictions and win rewards easily.

This is one of the most effective strategies for playing the Penalty over/under bet that I often apply.

Pay attention to the goalkeepers of each team

Furthermore, you also need to pay attention to the goalkeepers in this shootout. The team with the better goalkeeping will exert immense pressure on the opponent.

Moreover, in modern football, most club-level goalkeepers have extremely good situational judgment. They can especially adapt flexibly to each play.

Therefore, before betting on the Penalty over/under, you need to compare the two main goalkeepers to gauge their relative strengths.

Study the main referee thoroughly

In addition to odd analysis predictions and evaluating the playing abilities of each team, you also need to understand the main referee of the match. If you regularly follow major tournaments, you will notice that referees often make accurate calls, demonstrating high expertise.

However, in some smaller leagues, there are referees who impose very unreasonable penalties, causing frustration for fans multiple times. This also affects those betting on the Penalty over/under. Therefore, studying the main referee thoroughly will help you anticipate possible situations.

Choose reputable, quality sports betting sites

Currently, there are many different sports betting sites specializing in football betting on a large scale. However, not all of them are reputable and provide the best services.

From my experience, before participating, you need to thoroughly research the business licenses and transaction methods of the betting sites. Especially, whether the betting odds are higher or lower than the market rate.

Usually, reputable betting sites will offer high payout odds along with attractive promotional programs.

Don't blindly trust the odds

The final tip for playing the Penalty over/under bet that I want to share with you is not to blindly trust the odds at the betting sites. Do you know why betting sites always make huge profits?

It's because they are often in a proactive position and offer "enticing odds" with tricky tactics to increase the odds, which are very difficult to predict.

Therefore, you need to stay alert, have a clear strategy to make appropriate betting decisions.

Conclusion

So I've just provided you with the most useful information about the Penalty over/under bet. I hope that with this sharing, you will be able to draw out the most suitable and effective playing strategies.

If you have any further questions, feel free to leave them in the comments section, and I'll help you answer all of them.