Betting on penalties in soccer: types, pros, and cons

Liverpool scored a goal

Penalty kicks in soccer is a fairly rare phenomenon. Nevertheless, some bettors manage to earn on this event in bookmakers’ offices. In the bookmakers’ lists of bets on penalties are in the additional list.

Types of bets on penalties in bookmakers’ offices:

  • Penalty in the match: yes/no.
  • Penalty and suspension: yes/no.
  • 1st goal from the penalty shootout.
  • Penalty kick awarded and awarded yes/no.
  • Whether the penalty will be carried out or not.
  • The winner of the penalty shootout.
  • Total scored penalties in the penalty shootout after the match.
  • Players who will score/not score penalties.
  • How many the goalkeeper will reflect the penalties.
  • The average odds for this event is 3.5, and for the absence of a penalty kick odds range from 1.3 to 1.4.

In this article we will look at how to correctly bet on penalties, how to choose matches and which teams are best suited for this technique.

When is the best time to bet on penalties?

When choosing matches to bet on the penalty shootout, it is necessary to take into account the statistics of both opponents. That is, for example, we have determined that matches involving Barcelona and Bayern are suitable for this type of betting. Next, we study the opponent’s statistics. If the matches with his participation the referees quite often assign penalties and the culprits are the defenders or midfielders of the team, then you can bet.

It is very important to determine the valuation odds. 

How to do it?

Let’s assume the odds of the referee assigning a penalty in the upcoming match is 3.3. Let’s look at the statistics of the teams. For example, in 20 matches with Barcelona awarded 8 penalties, and with his opponent – 9. The average is 8.5. This means that in 42% of the matches involving these opponents eleven kicks were awarded.

Convert this value into odds, and we get: 100/42= 2,3. This means that all quotes that are higher than this value will be valueless. As the bookmaker has set a keyf of 3.3, it means it is profitable to bet on it. According to this simple methodology is determined by the valuability of the odds in other cases.

Statistics

Football – 2020 / 2021 Premier League – Manchester United, ManU vs Wolverhampton Wanderers – Old Trafford Vitinha of Wolverhampton Wanderers at Old Trafford PUBLICATIONxNOTxINxUK 7777

When working with statistics is very important to consider in which goal was assigned a penalty kick. If the matches involving the favorite, it is optimal when penalties were assigned in the direction of his rivals. And for the other team, it is desirable that they are assigned in his goal.

  • It is not uncommon for penalties to be awarded in matches involving bitter rivals. That is why we pay attention to derbies, cup matches, playoffs of championships, Champions League and Europa League.
  • It is also important to consider the lineups. If one team has a technical and fast forward, and the other has a defender who earns a lot of warnings, the probability of a penalty shootout increases.