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Betting Tips, Bookmaker Odds, Odds Ratio, Bookmaker Ratio, Trusted Bookmakers, #1 Bookmaker Penalty Shootout BettingPenalty shootout bets are not common in football betting as predicting the outcome of a penalty shootout is very challenging. Most bettors relying on this type of bet depend mainly on luck. However, Wintips.Com still has tips for securing a 100% chance of winning a penalty shootout bet. Before that, you need to understand how to read and calculate these odds. How to Calculate Winnings for Penalty Shootout Bets Like other types of bets, bookmakers offer various forms of penalty shootout betting, and the method of calculating winnings also varies. Below are some of the most common calculation methods: Penalty Shootout Score Bet This type of bet offers the highest payout among all penalty shootout betting options. However, it can be challenging since you need to predict the exact result of the shootout before betting. Each possible outcome aligns with a specific bookmaker’s odds. For example, if the shootout between Brazil and Serbia ends in a score of 5-4, and the odds are set at 7.20, a 100,000 VND bet on this exact score would yield a payout of 720,000 VND, calculated as 100,000 x 7.20 = 720,000 VND. Over/Under Penalty Shootout Bet Over/Under penalty shootout bets often appear in knockout matches. Bettors predict the total number of goals scored in the shootout. If the total is higher than the bookmaker’s set line, it’s an "Over" bet, and if lower, it’s an "Under" bet. For instance, if the Over/Under line is set at 5.5 and the final score is six goals, Over bettors win, while Under bettors lose their stakes. Handicap Penalty Shootout Bet Handicap betting in penalty shootouts operates similarly to Asian Handicap betting. When choosing this type, bettors wager on the upper or lower team as determined by the top 10 bookmaker. For example, in a match between Brazil and Serbia, if the bookmaker sets Brazil as the favorite with a 0.25 goal handicap, betting 100,000 VND on Serbia at odds of 0.65 would yield 65,000 VND (100,000 x 0.65) if Serbia wins the shootout. How to Accurately Read Penalty Shootout Odds For new bettors, understanding how to read penalty shootout odds is fundamental for making the best bets. Each betting type has its own odds reading format: Handicap Penalty Shootout Bet: Teams are marked with distinct colors, with the home team listed before the away team. The number of handicap goals is placed in line with the favorite team, and payout odds are displayed next to each team’s name. Over/Under Penalty Shootout Bet: Teams are marked with different colors, with the home team appearing first. The bookmaker sets the Over/Under line (usually above 7.0), and payout odds for Over and Under are shown in the same row. Tips for Securing Wins in Penalty Shootout Bets Since penalty shootout bets are hard to predict, we’ve received numerous requests from bettors on strategies for making winning bets. Here are some essential tips: Analyze the Shootout Probability of Each TeamNo matter how confident you are in your chosen type of penalty shootout bet, it’s crucial to assess the penalty-taking skills of each team’s players. Examine which players from each team are likely to take the shots and their success rates. Understand Penalty Shootout Rules in FootballIt’s a serious mistake to bet on penalty shootouts without understanding the rules governing penalty kicks. These rules have a direct impact on your betting choices. By observing penalty kicks closely, you can predict outcomes with high accuracy. Bet Only After the First Penalty ShotUnlike Asian and European bets, which require wagers before the match starts, penalty shootout bets allow you to wait for the first penalty shot. The outcome of this first shot can influence the entire team’s spirit and performance. Evaluate the Goalkeeper’s Ability in Penalty ShootoutsThe goalkeeper, although often overlooked, is a key factor in determining the outcome of a penalty shootout. Before placing a bet, spend at least three days researching the goalkeepers’ records. Analyze Both TeamsIn addition to evaluating goalkeepers and penalty-takers, analyzing both teams can enhance your chances. Consider factors such as: Which team has more experience in penalty shootouts. Each team’s penalty shootout record in the last five matches. Any previous penalty shootouts between the two teams. Home vs. Away advantage, as home teams often perform better. Wintips, Vietnam’s #1 free bet bookmaker, has shared valuable information about penalty shootout betting, helping bettors understand how to read and calculate penalty betting odds, along with essential tips for securing wins. With this knowledge, you can confidently place your bets without worrying about inaccurate predictions.  

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