What is Even/Odd Penalty Betting?
Even/Odd penalty betting is a type of bet predicting whether the number of goals scored in a penalty shootout will be even or odd. This happens during the penalty shootout to determine the fate of the two teams. Each team will have a total of 5 penalty shots.
The team that scores more penalty goals will be declared the winner of the match.
Therefore, when betting on even/odd penalty, we base our prediction on the total number of penalty goals scored by both teams during the shootout.
If the number of penalty goals is even => Bet even to win the bet.
If the number of penalty goals is odd => Bet odd to win the bet.
When betting on this, reputable bookmakers also offer attractive odds for punters. Each betting option will have different odds. Because this type of bet is quite interesting, it quickly attracts a lot of attention and betting interest.
When compared to some conventional bets, Even/Odd Penalty bets still offer relatively high odds. Players can wager a small amount of money. However, when winning the bet, the prize money received will be substantial.
Moreover, Even/Odd Penalty bets are often rare occurrences. As you may know, the reason for this rarity. Additionally, not all reputable bookmakers offer this type of bet for punters to choose from.
Is it difficult to read odd/even penalty odds?
For odd/even penalty odds, when you look at them, you'll see two odds displayed. These represent the odds you receive when betting on odd or even outcomes.
This type of soccer bet is inherently simple and easy to understand. So, if you want to try something football tips app , go ahead. The chance of winning the bet is still 50%, and the odds aren't low either.
Some people find odd/even penalty odds interesting. Why isn't it classified as a main bet type in football betting? Think about it, not every match involves penalty shootouts to determine the winner.
Except for major matches in professional tournaments like the FIFA World Cup, Champions League, Europa League, Copa America, and national cup competitions...
Most top bookmakers in the region offer this type of bet to cater to players, especially when matches go to penalty shootouts.
The time frame for penalty shootouts is usually very short. So, if you want to bet on this, make sure to keep a close eye on live betting platforms. That's the only way you can participate in betting on this type of bet.
Furthermore, odd/even penalty bets involve a considerable element of luck. Therefore, when placing your bet, try not to be too tense. Bet in a relaxed manner, as long as your bankroll isn't depleted.
How to calculate winnings for odd/even penalty bets:
Penalty shootouts consist of 5 official kicks each. Each team will take turns until they have completed all 5 kicks from the penalty spot.
If both teams score the same number of goals, they will continue to take turns, with each team taking one kick at a time, until a winner is determined. The outcome of the bet depends on the total number of penalty goals scored by both teams.
The key point is that the result of this bet is determined until a winner is found in the penalty shootout.
So if both teams score 5 penalties => Total goals are 10 => Even.
In this case, the shootout will continue, if one team scores and the other misses.
So, the total number of penalty goals will be 10 + 1=11 goals.
Thus, those who bet on odd will be the winners in odd/even penalty bets.
Based on the odd/even penalty bet ticket you placed, the system will pay out winnings based on the odds recorded by the system.
Winnings=amount wagered on this bet * odds for this bet.
On the contrary, if you lose the bet, you will lose the entire amount wagered on this bet.
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In conclusion, odd/even penalty bets are still worth a try. Because it's rare to encounter this type of bet. As for the gameplay, it's still a simple, easy-to-bet type of bet, suitable for beginners. So, don't overthink it and play according to your own preferences. Good luck, everyone!