In football betting, there are many different types of bets that players can choose to participate in. Each football bet has its characteristics and rules. Among them, Penalty bets are the type of bets that are evaluated uniquely and bring the most drama to bettors. Many players still do not know what Penalty bets are. Therefore, PHCASH will introduce Penalty betting in detail today for all football betting enthusiasts to know.
About Penalty Betting

Penalty betting is a form of football betting in which the result of the match is determined in a penalty shootout. If the score is still tied after the end of regular time and extra time (if any), the referee will arrange a penalty shootout to determine the winner.
In the penalty shootout, each team will have 5 players score in the penalty shootout. The team with the highest score after 5 rounds will win. If the two teams are still tied after 5 rounds, the penalty shootout will continue until there is a winner.
Since penalty shootouts only occur when the match ends in a draw and are only applied in special situations, penalty shootout bets are only used in corresponding cases.
How to Determine Win or Lose When Playing Penalty Betting

Usually, when the match has to enter the 11-meter penalty shootout to find the winning volleyball team. At that time, the bookmaker’s system will provide additional penalty bets for players to bet on.
Players will be given options when the Penalty bet appears. The result of the penalty shootout bet will be calculated based on the final result of the penalty shootout between the two teams. If the final penalty shootout result matches what you have chosen to bet on, you will be considered a winner, otherwise, you will lose the bet.
Example: A bettor predicts a penalty shootout between two winning teams to be 7 goals. Players choose whether the total number of successful shots is predicted to be over 7 goals. Or choose under if the total number of successful shots is less than 7 goals. The result will be calculated when the penalty shootout of the match is completed.
Popular Penalty Betting Types
Players can choose to bet on many different types of penalty bets. Depending on each bookmaker, there will be different Penalty bets for you to bet on. We introduce to you some of the most popular and frequent penalty betting types:

- Predict the result of the penalty shootout: Players choose a total of 1 of the 2 teams to win the penalty shootout.
- Predict the number of successful penalties: Players will predict the number of successful penalties in the match.
- Predict the number of penalties taken in the match.
- Predict the player who will take the penalty.
- Predict the exact score of the penalty shootout.
Experience Effective Penalty Betting
In addition to the element of luck when betting on football, players do not always rely on luck. To increase your winning rate, football betting tips and experience are always extremely important factors. The same goes for Penalty Betting, we need effective experience in Penalty Betting.
Study the playing styles of the two teams: If the two teams tend to play aggressively and create many scoring opportunities, then the probability of a penalty being awarded in their match will be higher. However, if both teams have a defensive strategy and create few scoring opportunities, then the probability of a penalty being awarded will decrease.

Explore the penalty shootout history of the teams: Some teams have a fairly consistent record of scoring from 11m, while others have difficulty taking penalties. This information can help bettors make predictions about the team’s ability to score a penalty.
Consider the referee’s style of control: The way the referee manages the match can affect whether or not a penalty is awarded in the match. If the referee frequently gives red cards and has a serious attitude, the probability of a penalty being awarded will increase.
Follow the latest team news and information: If one of the two teams does not have a central defender or a goalkeeper, the probability of a penalty in the match will increase.
In-depth research on goalkeeper performance and experience: In penalty shootouts, the role of the goalkeeper is important. An experienced and high-performing goalkeeper can help the team win this match. This is an effective sports betting experience.