Penalty bets are always a high-profit betting option for bettors. However, not everyone knows how to participate in this betting option. To help players learn more about this form, FF-777.com.ph invites players to follow the following article for more detailed information.
What is a penalty bet?
Penalty bets, also known as 11m bets, are considered the final bet of a match if the two teams still maintain a draw. The way to calculate wins and losses in this type is not much different from other types of bets in football.
When a match has to use penalty kicks to determine the winner, each team will have 5 penalty kicks. Then, players will predict the score of each team in these 11m kicks. If after 5 kicks there is still no winner, each side will continue to take 1 more round until the result is determined.
However, this penalty bet only appears in matches that meet the following conditions. Players need to pay attention before placing money on this form of bet.
- The game is decided by penalty kicks.
- Penalty bets will only take place when the official 90-minute match time and 2 extra periods have ended but there is still no winner.
- Penalty bets are placed while the match is still in progress.
- This bet only appears at the end of the match and brings the ultimate thrill after each kick.
Popular penalty shootout bets in soccer betting
It can be said that penalty bets are similar to other types of bets. Here there are a variety of betting forms to suit the needs of each person.
Predict whether the match will have a penalty or not.
This is a form of betting to predict whether there will be a penalty before the match takes place. You will find this type of bet in the extension section, however, only some bookmakers offer this type of bet, not all of them. Players just need to choose yes or no and then wait for the result.
Simple 11m Over/Under bet
It can be said that this is the most popular form of betting in penalty betting. This type often appears in live cup matches. Players will predict the total number of successful shots on the 11th mark, whether it is above or below the bet level given by the bookmaker, for example:
- Bet Over: If the player predicts the total number of successful 11m kicks is greater than the bookie’s bet.
- Bet Under: If the player predicts the total number of successful 11m kicks to be less than the bookmaker’s bet.
The bet predicts which team will kick first.
The result of which team will take the penalty kick first will be decided by the referee tossing a coin. Some bookmakers will open this type of lucky prediction. At this time, the player only needs to choose 1 of the 2 opposing teams.
Penalty betting predicts which team will win the final
This type of bet is only applied in matches that have gone to penalty kicks to determine the result after the official playing time and 30 minutes of extra time cannot determine the winner. Bettors will decide which team will win the final penalty kick.
How to read 11m odds correctly on the odds board
To be able to read the penalty odds accurately on the bookmaker’s odds board, bettors need to clearly understand information such as odds name, tournament, team name, time, score, and Odds ratio. Below we will guide players to read specific parameters.
- Bet name: This is the first information that bettors see on the odds board. Players need to choose the right bet to avoid losing money.
- League: This is always listed in the top row of a specific match’s odds table. Sometimes some leagues will also include the length of the season, such as the Premier League 23/24.
- Team Name: The names of the 2 teams will be in the same column as the tournament and below.
- Time: The date and time of the match will be in the same column as the tournament name but different… Information about the time of the 2 teams’ confrontation will be placed here, for example, on November 23 at 2:45 AM.
- Score: Will be on the first row, including a series of specific results of the match.
- Odds: Each type of bet you choose will have a different Odds ratio. If bettors want to bet on a bet box, just click on it and do it.
How to calculate money accurately in an 11m bet
Because penalty bets are somewhat based on luck, players must consider carefully before placing bets. However, if the prediction is correct, bettors will have the opportunity to receive a large reward. So how to calculate the money for this type, please follow the detailed information below.
The specific formula for calculating money for penalty bets is as follows:
- Winning bonus = Amount of capital spent to buy the bet slip x Odds ratio given by the bookmaker.
- Lost bet = All capital spent to buy bet slip.
For example, in the match between U23 Philippines and U23 UAE, the Odds ratio for a penalty kick will be 3.00 and the odds for no penalty kick will be 1.36. If the bettor bets 100 Pesos, the result will be as follows:
- If the player bets on a penalty to appear in the match, it will be 100 x 3.00 = 300 Pesos.
- In case the bettor places a bet on a penalty shootout that does not occur in the match, the bet will be 100 x 1.36 = 136 Pesos.
Effective playing method to always win 11m bets
To always win the penalty bet, bettors not only need to understand the rules of the game but also prepare effective strategies for themselves. Below are some playing methods to help increase the winning rate that we have compiled from leading experts.
Gain knowledge from veteran players
If you do not feel confident in your prediction ability, players can analyze and rely on the results of leading experts. This method will bring you a lot of efficiency, moreover, bettors can rely on it to find their own way of playing.
However, the first player does not always succeed. Therefore, the first thing that bettors need to do is to prepare a certain amount of knowledge for themselves. If they see unusual results, players can cancel the bet and not follow that person anymore to avoid losing unnecessary money.
Research the information before placing a bet
Bettors need to learn and research information related to penalty bets before deciding to place a bet. Here are some things that players need to keep in mind to avoid losing money unjustly.
- Find out information and history of the two teams’ recent 11m penalty shootouts.
- Not every team with many superstars will win. On the contrary, there are teams with only average players, but they are under less pressure and have a strong mentality that makes it easier to score successfully.
- Age is also something to consider because young players in major tournaments are prone to arthritis and are more likely to miss shots.
- Predict the correct penalty kick order, land earn about each player’s style and habits when standing on the 11m mark.
- Consider the current form and penalty history of the goalkeepers to come up with suitable strategies. The starting goalkeeper is not always chosen to stand in the 11m goal when performing the nerve-wracking penalty shootout. An example is the case of Kepa coming on to replace Mendy to take the penalty shootout for Chelsea.
Choose the right bet for you
Choosing the right penalty bet to bet on will help players limit losing money. Below are some tips to help bettors win when betting on penalties.
- Choose the types of penalty bets that have a high chance of winning, such as the last 11m kick team, the team that wins the penalty shootout… to bet. This can be called the “small wins make big” strategy. Although the odds are quite low, the chance of winning is higher than other types of bets.
- You should only bet when the two teams are about to enter the penalty shootout. This will give players time to carefully observe the performance of the two teams. This will help bettors learn the most accurately, which also helps increase the winning rate.
Keep your mind steady while betting
Psychology is an important factor when participating in Penalty betting. There have been many bettors who have fallen into a situation of losing everything in a short period of time because they could not keep a cool head. Especially when falling into a series of consecutive losses, many people will often be influenced by the need to recover capital and from there make unwise decisions.
The important thing is to always keep yourself calm in every situation that occurs when participating in football betting. Bettors should not focus too much on making money from this form.
Above are all the concepts of penalty bets that we have summarized in the most detailed way. Hopefully, the following shares will help bettors earn huge profits. Players can access the Sports section at https://ff-777.com.ph/ to refer to more useful articles about football betting.