Penalty shootouts, or penalty bets, are not common in football betting due to the unpredictable nature of shootout results. Most bettors rely on luck when analyzing these bets, but fear not, Wintips still has a 100% winning strategy for penalty bets. However, you need accurate football tips to know how to read and calculate the odds beforehand.

Calculating Winnings from Penalty Shootout Bets
Similar to other types of bets, there are various forms of penalty shootout bets offered by bookmakers, each with different calculation methods. Below, we'll suggest the most common way to calculate winnings:
Penalty Score Betting
Penalty score betting offers the highest reward cap among all types of penalty shootout bets. However, it poses difficulties for many as one must accurately predict the shootout result before placing the odds.
There are a series of outcomes corresponding to different odds provided by bookmakers, for example:
In a match between Brazil and Serbia, the penalty shootout score recorded is 5 – 4, corresponding to odds of 7.20. If you bet 100,000 VND on this exact score, you will receive 720,000 VND as winnings because 100,000 x 7.20=720,000 VND.
Total Goals Over/Under Penalty Betting
Total goals over/under penalty betting often appears in matches with direct elimination characteristics. Bettors predict the total number of goals scored in the shootout between the two teams. Based on the result provided by reputable bookmakers, over is if it's higher and under if it's lower.
For example, the over/under penalty bet set by the bookmaker is 5.5. If the result is 6 goals, those who bet on over win, while those who bet on under lose their entire stake.
Handicap Penalty Betting
Handicap penalty betting is similar in form and calculation to Asian handicap betting. This means that when choosing this type of bet, you bet on the favored and underdog teams as determined by the bookmaker.
For example, in a match between Brazil and Serbia, the bookmaker sets the handicap for Brazil at 0.25 goals against Serbia in the penalty shootout. If you bet on Serbia to win with odds of 0.65 and bet 100,000 VND, if Serbia wins the shootout, you will receive winnings of 100,000 VND × 0.65=650,000 VND.


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Tips for Betting on Penalty Shootouts to Ensure Sure Wins
Because penalty shootouts are difficult to predict, we have received numerous requests for help from betting enthusiasts regarding betting strategies. However, instead of playing by the usual rules which often favor the bookmakers, consider applying the following betting tips for guaranteed wins:
1. Understand the Probability of Penalty Shootouts for Both Teams
Regardless of your confidence in a particular type of penalty shootout betting, assessing the probability of penalty kicks by players is crucial. Analyze the number of players capable of handling penalty kicks in both teams. Additionally, the technique of penalty kicks also determines the outcome of shootouts. By considering the playing style and penalty kick history of both teams, you can accurately place your bets.
2. Grasp the Details of Penalty Shootout Rules in Football
It would be a mistake to bet on penalty shootouts without understanding the rules of this form of penalty. These rules directly affect your choice of betting options. Observing penalty shootout kicks carefully can lead to accurate predictions. For instance, a kick that is not recognized due to rule violation or a goalkeeper's injury prior to the kick. Understanding the rules is paramount for players when betting on penalty shootouts or any other type of bet.
3. Place Bets Only After the First Penalty Kick
Unlike other types of bets like Asian Handicap or European Handicap, players must place their bets before the match begins. However, for penalty shootout bets, if you are not confident in your prediction, you can choose to bet after the first penalty kick. The reason being, the success of the first kick boosts the morale of the entire team. Conversely, a failed kick diminishes the players' morale and performance. For a team lacking strength, failure in the first kick increases the likelihood of overall defeat by over 80%. Therefore, refrain from hastily placing bets on penalty shootouts and wait for the outcome of the first kick.
4. Assess the Goalkeeper's Ability to Save Penalty Kicks
Although goalkeepers may not receive as much attention, they are the main factor determining the outcome of penalty shootouts. Before placing bets, spend at least three days researching the goalkeepers. Consider factors such as the experience, performance, and especially the ability to save penalty kicks. By gathering relevant information, you can make informed decisions when betting on penalty shootouts.
5. Analyze the Two Teams
To ensure successful bets on penalty shootouts, besides evaluating goalkeepers and players, analyzing the two teams is crucial. The research should include:
The team with better capabilities and past performance in penalty shootouts
The recent penalty shootout records of both teams in their last 5 matches
The number of previous encounters where penalty shootouts were required between the two teams
Whether the team is playing at home or away, as the home team often has an advantage

Wintips has provided valuable information soccer tips app on penalty shootout betting for betting enthusiasts. You will learn how to interpret and calculate the odds of Pentyl betting as well as tips to secure victory. With this knowledge, you can confidently place your bets without worrying about inaccurate predictions.