Best Bookmakers for Penalty Betting in 2024 | Penalty Betting

Although there have been decades of football wagering, betting on penalties is a relatively recent addition to bookmakers. It is now a market that is here to stay after really taking off during the 2018 World Cup when the Video Assistant Referee was unveiled.

The technology allows for the capacity to give more penalties than before, and the VAR is an integral aspect of the current game. Additionally, it gives you the chance to increase your revenue. Not only may you wager on penalties being given, but also on them being scored or missed. Football betting has only become more exciting as a result of the capacity to forecast the actions of referees and famous players. Along with helpful facts like which leagues have the greatest penalty average, we will provide you with penalty betting ideas to help you formulate a winning plan.

Which bookmakers are the best for Betting on penalties?

Regarding this specific market, there are many things to take into account. When betting on penalties, you should always look for the bookmaker with the greatest odds. Additionally, you should keep an eye out for the various betting alternatives that are offered. Including the option to wager on penalties within a bet builder will only benefit the sportsbook. Here is a list of the top websites for betting on penalties without further ado.

What markets are used for Betting on penalties the most?

There are numerous betting markets available when it comes to penalties. They include whether or not one is scored and whether an award will be given at all. This market may not be as straightforward as you first believed if you include in the possibility that both teams will commit penalties, there will be several penalties called during a game, or the opening goal will come from 12 yards. Thank goodness, that’s where we step. We will go over each of the main markets for penalty betting.

Penalty to be awarded Yes/No

You can wager on whether either team will receive a penalty during a match in this market. According to Premier League statistics from the previous season, for instance, this result would occur once every four games. This implies that the likelihood of a referee calling a foul is substantially higher than the likelihood of no fouls. However, your penalty betting plan could be rather rewarding if you can pick the appropriate moments to act.

A penalty will be taken. Yes/No

A new market is activated when the referee points to the penalty spot. Simply pick if a goal is scored from 12 yards out in this situation. The striker will always be preferred over the goalie in this scenario because 81% of Premier League penalties from 2021–2022 are converted. As a result, in this market for betting on penalties, the odds for yes are typically far shorter than those for no.

At the penalty spot, the first goal

If you want to wager on penalties, you can also predict whether the opening goal of the match will be scored from the penalty spot. Once more, it’s a straightforward yes/no decision, with the bulk of goals coming from open play. Although there will always be very high odds on this market, you should avoid it because it won’t be beneficial in the long run.

Penalty goals both at home and away

Supporting both teams to score from 12 yards is another strategy to spice up penalty bets. There are times when such an outcome happens in football, albeit it can be said to be more of an anomaly. You can conduct all the research you want, but there is a very little chance that this wager will be successful. This is why we only advise making small, enjoyable bets.

Several penalties in a single game

While this penalty betting option is for individuals who pay close attention to the referee’s actions. Because there is a good likelihood that two or more penalties will be called in a single game if you can identify the referee who calls the most fouls on average. When that happens and you placed a bet on this event, your wager is successful.

How to develop a betting strategy for Betting on penalties

It is strongly advised to conduct preliminary study before entering any market. This will support your efforts to generate long-term gains if it is a component of your penalty betting plan. Because you will place wiser bets as you gain more market knowledge, increasing your chances of success. We will highlight the most important factors to take into account in this section.

Probability of Penalty

The frequency of penalties being given out in each sport is possibly the most crucial factor when developing your approach. A league may be one to avoid if you are aware that it has fewer players on average than another. For instance, the following table shows how the major leagues’ average penalties per game varied during the 2021–2022 season:

As you can see, Serie A and La Liga average more penalties than other leagues, which should be considered when placing a penalty bet.

Observe the referees

When placing a wager on penalties, it’s also important to take referee behaviour into account. Do they intend to let the game progress with fewer interruptions or are they more likely to award them? From the standpoint of developing a plan, knowing the answer to this can be beneficial. Here are some statistics from the 2021–2022 Premier League season, for instance:

The top three officials for average penalties per game in charge are shown here. This implies that there is a higher chance of a penalty being given when this trio is in charge of an EPL game. Here are the top three teams for the La Liga season of 2021–2022, just for comparison’s sake:

As you can see, the Premier League has the highest average, while La Liga has a more stable penalty rate. When one of the three aforementioned individuals is in control, they call an area foul once every other game.

Preferable in games with VAR

Penalty betting has increased in popularity as a result of the adoption of VAR in recent years, particularly in leagues that have used the system. It is well-known in the betting world since it frequently results in more penalties being given out, as shown in the table below.

As you can see, there were a total of 17 more penalties in the inaugural season of VAR in Spain’s La Liga than the previous campaign.

Team motivation

It’s important to consider whether a team has a lot riding on the game when considering penalty betting predictions. For instance, they can be searching for goals to prevent relegation or win the league. This might result in a more physical style of play, and when there is physicality on the field, a penalty is never far away.

Gap in performance

The disparity in talent between the two teams should be the final element of your penalty betting approach. The superior team may play a lot more attacking football if there is a significant gap. This means that if one team has a lot of chances to score on offence, it will also make it more likely that they will receive a penalty, which is another factor you should think about.

The Premier League matchup between Manchester City and Norwich would be the ideal illustration of this. Given that City is known for their offensive style of play, this would undoubtedly result in greater possession in the penalty area of the opposition. The Premier League heavyweights now have more chances to be fouled in the penalty area.

What are football penalties?

The name speaks for itself:

• The main purpose of penalties is to deter out-of-bounds behaviour.
• The referee imposes a penalty for the opposing team whenever a player fouls or handballs in this area.
• During regular season games or football tournaments, any player may attempt to score a goal after taking a penalty; • At any of the major bookmakers, bettors may wager on the penalty to be scored or missed. After understanding how to bet on football, this is one of the first things that anyone can figure out.

What are shootouts for penalties?

The regulations for penalty shootout wagering are the same, but these penalties serve different purposes.

Both Champions League and Europa League bettors are aware that some games require more time to determine the winner.

• If a club is unable to win in 90 minutes or extra time during the playoffs, penalties are used to determine the winner.
• Each team will take another penalty shot until one player misses after the first five penalties are scored.

Important information when Betting on penalties

It just takes a few seconds to understand what a penalty kick is in soccer, but it takes considerably longer to become an expert at betting on penalties. Fortunately, there are penalty systems that may be applied into general football tactics to improve winning chances. These are a few things to take into account before placing a wager.

More penalties are awarded in derbies and high-stakes games because teams play more aggressively and commit fouls more frequently in those situations.

When it comes to penalty shootout betting, the first penalty is the most likely to be scored because it is made more frequently. For the shots that come after, the percentages drop.

Some officials have an itchy finger, and in competitions without VAR, their influence on the number of penalties given out can be substantial.

Defenders make more fouls that result in penalties; attackers typically try to score goals after fouls that are typically committed by players in the back line.

How do Betting on penalties  operate?

Football penalty bets are straightforward, but it doesn’t mean there aren’t other worthwhile wagers. There are various wagering choices to take into account once you understand what a penalty in football is. Players can check at these unique wagering choices when comparing bookmakers.

1. Bet on the occurrence of a penalty

You can wager on the penalty kick granted yes/no market prior to the game starting. You don’t have to guess which team will win and whether the penalty will be converted. If your prediction on the penalty was accurate, you either win or lose.

2. granted and scored a penalty

Smart gamblers can add some excitement by betting on a penalty that will be given with a twist. If you attempt to forecast if the penalty will result in a goal as well, your chances are better. These sports betting alternatives have high odds, which enhances their allure.

3. Penalty imposed, dismissed

If the sending off event is taken into account, the odds for betting on penalties might be increased. A player is frequently dismissed in addition to the penalty in cases of flagrant fouls that prevent players from scoring.

4. At the penalty spot, the first goal

This is a nice market to bet on if you like betting on penalties and want to make money doing it. Although the chances for this kind of penalty card betting are better, the market is quite unpredictable and volatile.

5. Penalty goals both at home and away

Predicting which team will score from the penalty spot is the simplest way to wager on penalties. With some rather intriguing odds, you can wager on whether the home team or the visiting club will score from a penalty.

Guidelines for betting on penalties

Because penalties are unpredictable events, betting on them is a dangerous endeavour. Even if most penalties are scored, the chances on this market are poor, making it less desirable. For those who want to combine live betting on penalties with live streaming, betting sites with live streaming offer some of the greatest possibilities. To increase your chances of winning, adopt these simple strategies both before the game and during it.

Tip for Betting on penalties

Pick derbies for your betting on penalties because those involving rival teams and championship games are more likely to result in penalties.

Focus on games involving teams with aggressive players in the backline because the majority of fouls that result in penalties are committed by defenders.

Place bets on games featuring VAR technology because these games typically result in more penalties being given out.

Seek out the best bookmakers for betting on penalties to take advantage of the greatest odds possible.

How should penalties be accounted for when placing bets on first goal scorers?

When placing a wager on the first or any-time goalscorer markets, it is always important to be aware of who will take the free kick and penalties for each club.

Where online football betting first became available, there were many occasions when a team may have a hammer right-footed defender in charge of penalties. As a result, successful FGS bets frequently had odds of 33/1.

That is less the case now, especially in the top tiers of the main European leagues, but if you delve a bit further into the lower tiers of league play and even non-league, you might be able to find out some facts that the bookies might not know.

Keep an eye out for local team news where the usual goal scorer or penalty shooter is absent for any reason. Is there another guy on the team who has either taken or scored a penalty and seems a little overpriced?

Can I wager on VAR outcomes?

In regards to VAR rulings, several bookmakers have raised their voices.

If VAR was used to reverse a decision and your bet lost, Unibet offered a £10 refund on those games, and other companies have provided VAR-related markets.

Now that we are aware of the impact VAR is having on the beautiful game, these VAR opportunities may possibly increase.

The most important statistics to eliminate unpredictability

When it comes to statistics, frequency is a crucial aspect that a bettor needs to pay attention to. Of course, there is no pattern or reason why a penalty wouldn’t be awarded in every Saturday afternoon Premier League kickoff. It’s just improbable.

But the likelihood of a penalty kick being granted in one contest vs another remains the same. How can a bettor get through all this randomness to attempt to uncover some value when betting on football penalties?

It will surface when we examine the wider picture. Once a season’s worth of games has been completed, it is possible to find averages in a league competition. Let’s keep the Premier League in mind.

Bets

The most prevalent and well-known betting on fouls are those on total fouls:

• TS – for fouls under a predetermined threshold;
•  TM – for fouls beyond a predetermined threshold.

Some bookmaker offices also keep track of cards, accepting wagers on the overall number of cards issued during a single half, the number of cards received by a certain team or player, or both. They also take wagers on expulsions and fines.

Fouls

Football fouls are a unique type of wager that have their own strategy, which states that certain key factors must be taken into account in order to succeed.

The calibre of the teams competing in a specific match must be considered in particular. For instance, when an underdog team plays against a leader or team at the top of the standings, the latter is more inclined to break the rules frequently in order to finish the game with the least amount of harm to themselves.

Forcemajeure Betting on penalties

You should also take into account whether the squad has any players who are prone to breaking the rules. Because the teams are not yet worn out and the outcome of the game is not yet clear, it is important to note that the first half of the game is frequently the least foul-prone.

The significance of the game also affects the foul statistics: teams are less prone to foul in group tournaments, but the playoffs may provide a whole different scenario.

The refereeing aspect is also crucial. Some umpires are lenient with their cards, while others save the use of warnings for the most serious situations.

There is no denying that the rivalry between the competing clubs affects the numbers on offence. The amount of fouls per game can be very large and the chance of referee judgments like as suspensions or penalties is very high if they have a lengthy history of moral conflict and treat every game as a “war”.

A very specific type of betting that is considered to be “for the connoisseur” is betting on fouls at bookmakers. Because of this, not all bookies provide this type of betting, and those that do typically take wagers on fouls in crucial games.

BEFORE BEGINNING Betting on penalties, TAKE NOTE OF THESE FACTORS

Playing Styles of Teams

If you’re a fan of football, you’ve probably already seen relatively short games where the action begins right away. Sometimes, you may just need one team to commit fouls in the early going of games while the other one adjusts to the circumstances (sometimes without having an aggressive playing style). Keep in mind, nonetheless, that some online bookies frequently provide astronomical penalty card lines where football clubs with daring playing styles participate.

Referees are Growing Comfortable With Football Played Aggressively

Another trend in modern football is that officials are becoming accustomed to the aggressive play of special teams and are giving them less penalties. Use Atletico Madrid as an illustration. Diego Simeone arrived and immediately began to play aggressively, applying pressure to his opponents. Referees then have a tendency to penalise every rough contact. They are more accustomed to the style at this point, and book players are less prevalent.

The strategy of the teams is equally essential.

The teams’ respective gaming methods are also crucial in this regard. Defenders may find it difficult to stop quick and adroit wingers from launching side assaults. And the referee may book them once a few fouls are committed.

On the other hand, if the opposition prefers to play aggressively, it should keep its full-backs on the outside facing the quick forwards of the opposition during counterattacks. It has a propensity to commit numerous fouls. Making effective betting on penalties depends on several such elements. Therefore, if you like to bet on penalties, Online Betting Guide provides a terrific guide to help you gain the necessary understanding of penalty betting.

Defenders Often Face More Penalties

Compared to the team’s defenders, offensive players are penalised less frequently. It is also fairly logical, but it is trickier than it seems. According to statistics, defenders are more likely than forward-line players to receive cards while committing the same number of fouls. The region of the field where the foul was committed is to blame. In order to prevent the opponent’s player from scoring, defenders commit fouls close to their goal post or penalty area. Conversely, forward line players foul while vying for better positioning outside of their penalty zone.

Match location is also accountable

Numerous analysts contend that teams who play on their home field are less likely to commit penalties. It would be dishonest to highlight, nevertheless, that away teams are more likely to commit fouls. But it is crucial to pay attention to this issue. The benefit of playing on their own field and receiving crowd support belongs to the home teams. This frequently puts the other team and referee under duress, which leads to the away team receiving more cards.

Rules of the Referee

The match referee’s judgments will determine how many fouls and cards are shown during the game. The game referee’s unwillingness to display cards can cause you to lose your bet even when all of the previously described circumstances are on your side. Therefore, be aware of the referee before placing any bets on a particular match’s penalties. Additionally, learn about his or her approach to handling matches.

Some match officials believe in handling the game strictly from the outset and won’t tolerate any player disputes. In addition, many officials approach participants and engage in conversation before issuing any penalties.

Consider data such as the average amount of penalties the referee issued throughout his prior games. By browsing the internet, you can quickly find information like this.

English bias

The two Manchester clubs concluded that season with a combined goal difference of 119 and a total of 181 points. Crystal Palace, on the other hand, finished with a goal differential of -10 and 44 points. However, as you can see from the table above, the Manchester teams received just one more penalty than the Eagles.

Is it reasonable to anticipate that a team with a final goal differential of -10 will spend more time in the sin bin than two teams with a combined goal differential of 119? You may imagine that they must have given that they successfully converted so many penalties, but it’s difficult to believe.

How come they received so many penalties throughout the season if that is not the case? According to extensive study by author Paul Tomkins, British players receive more penalties than players from other countries. Despite making up just 40% of the league’s playing roster, players from the UK receive about 60% of all penalties. If you simply consider attackers, the number decreases from there because it includes all players.

Therefore, it is important to check to discover how many British players are on a squad before placing a wager on that team receiving a penalty. Tomkins claims that referees should have more faith in British players to not dive than foreign players, which is supported by the statistics.

How Frequently Do Those Penalties Get Scorred?

25 of the 80 penalties assessed during the 2017–18 season were missed. That works out to a somewhat lower than 1 in 3 likelihood that the penalty will not result in a goal.

On the plus side, 55 of them did, in fact, find the back of the net, which means that, if you want to see the bright side of things, there is a 68.75% chance that a goal will be scored if a penalty is awarded.

In other words, if you’re betting on a game and a penalty is called, it’s statistically more likely that you’ll win if you bet on the goal being scored. In fact, the likelihood of a penalty being scored is higher than the likelihood of one being given in the first place.

If the club you’re considering betting on has a primary attacker who is English, it would be worthwhile to place a double bet on them being given and then converting a penalty if they typically take them. As the primary striker for Leicester City and the man in charge of typically converting the Foxes’ penalty kicks, Jamie Vardy is a fantastic illustration of it.

In fact, the 2017–2018 season saw a decrease in the amount of penalties that were converted compared to past seasons. Between 2000 and 2012, 8 of the 11 campaigns experienced a conversation rate of between 76 and 80% of penalties. Does that imply that goalkeepers are improving, attackers are degrading, or that there is greater pressure on penalty takers now since there is money at risk in winning or remaining in the Premier League?

Do penalties and extra time factor into football betting?

The regulations governing overtime and penalties should be one of the first things any novice football bettor takes attention of. Of course, this concern only applies to knockout games where such results are possible, not to league games, matches played in cup and tournament group stages, or matches that, in the event of a draw, proceed directly to a replay.

Extra time and penalties are not included in the great majority of football bets, though, for games where these methods are employed to determine the winner. In general, you can almost always assume that your bet only pertains to 90 minutes and added time unless the market clearly mentions them (more on that later) (injury time).

How do we interpret this? What markets provide additional time and penalties, and how does this effect your wagers? All of these questions are answered here, along with many others

The majority of football wagers are “90 minutes only”

The biggest wager in football is on a team to win. Football is the sport in which people bet the most. Let’s continue with the biggest and best theme and think about placing a wager on the World Cup final, the most significant match in the sport and conceivably the biggest sporting event ever.

Your wager is unquestionably successful if Brazil wins the World Cup, right? Therefore, if Brazil wins on penalties or in extra time, your wager will lose if you put it at the usual match odds (also known as To Win, 90 Minutes, Home/Draw/Away, 1X2 and other variations).

A bet on Brazil to win is not a winning one because, by definition, the game only advances to these further strategies if the score is tied at the end of regulation. Almost all of the major football markets are similar in this regard.

Let’s clarify that when we refer to “90 minutes,” we almost always mean the stoppage time at the conclusion of each half. 90 minute bets include additional time after each 45 minutes but exclude periods of extra time or a penalty shootout unless the market specifically refers to stoppage time.

All of the following do not automatically incorporate overtime or penalties in addition to the primary match odds markets.

• BTTS – if it is 0-0 at full time, even if it ends up 4-4 after extra time, both sides to score bets are still losers • • Over/under goals – if the match ends 1-1, under 2.5 goals will be a loser, regardless of how many goals are scored in extra time Goalscorer bets are only valid for the first goal scored inside the first 90 minutes of play. Correct score bets are simply wagers on the final score without taking into account any additional play.

Please be aware that there are literally hundreds of different markets for the largest games, thus this list does not contain every single bet that is currently available. However, unless otherwise specified, all markets will last only 90 minutes. As a result, wagers based on statistics, such as the total number of corners, goals, or cards, or whether or not there will be a penalty, clean sheet, or sending off, are all limited to 90 minutes.

Simply get in touch with the bookmaker’s customer support team if you are unsure before placing your wager. Alternatively, go to the website’s sports rules area and focus on the football part. It should be noted that some bookmakers offer additional related information under “Sporting Queries,” a FAQ, or another related heading.

Markets For Exceptions And Particular Extra Time Or Penalties

As previously said, extra time and/or penalties are typically only included in bets that are very obviously and particularly targeted at them. Notable exceptions are betting on the tournament’s leading scorer or Golden Boot. Goals scored in extra time do count towards a player’s total because these wagers are resolved using official tournament stats. Again, this is just consistent with the official totals used by the FA, FIFA, UEFA, or any other organising organisation. Penalty shootout goals are not counted.

The “To Lift Trophy” (or, depending on the competition’s stage, “To Qualify”) market is another one that may be considered an exception. In comparison to match odds, these are the important markets to be aware of. The former will be available in a cup or tournament final, with “To Qualify” being a choice in the preliminary rounds. Both of these alternatives come with additional time and, if necessary, penalties. Naturally, this results in lesser odds, but your wager is successful regardless of how the side “wins,” whether it is during regular play, extra time, or the so-called lottery of a shootout.

These two markets are, to use our own phrase, “clearly and especially targeted towards extra time and/or penalties,” but there are others where it will hopefully be even clearer.

In actuality, the majority of these bets not only include extra time and/or penalties, but also directly demand and concern them. Some of these markets include the “Extra time – Yes/No” wager, which perhaps self-explains itself, and the very similar market for a penalty shootout. The technique of victory market is another well-liked wager in stressful tournament games where a draw may be thought to be pretty plausible. Normally, such a wager would offer the following six possibilities: Team A in regulation time; Team A in overtime; Team A on penalties; Team B in regulation time; Team B in overtime; Team B on penalties.

In-play markets related to extra time may also be opened by bookmakers, with all the standard options available. Additional specialties could include, for example, a goalkeeper saving a penalty or a player missing in a shootout.

In order to summarise the situation, most bets made on football are applicable to the regular season of play (plus injury time). In most cases, the name of the market makes it very clear if the wager involves or directly pertains to penalties, extra time, or both.

Conclusion on Betting on penalties

For those who are still debating whether it is worthwhile to invest the time and effort on penalty bets. We hope that our explanation has persuaded you that it is. There is no reason why you cannot develop your own bankroll if you take the advice from our guidelines above to formulate your plan. Because they will greatly improve your standing if you combine them with your thorough investigation. Now that you are equipped with all the knowledge you need, here is our comprehensive list of bookmakers for penalty betting.

FAQ Betting on penalties

Do all bookies have markets for betting on penalties?

Since the 2018 World Cup, betting on penalties has become more and more common, but not all bookmakers give odds on them. However, the biggest bookmakers undoubtedly do, therefore they are constantly prepared to accept your bets in this market.

How many penalties are converted in the Premier League?

There were 103 penalties awarded in the Premier League during the 2021–2022 season. Eighty-one percent of these, or 83, were converted into goals, or eight goals were scored out of every ten penalties taken.

 Can you make money betting on penalties?

Betting on penalties is a betting market like any other in that there is always room for profit. As always, there is no reason why you cannot profit from it provided you do your homework in advance and have a solid penalty betting strategy in place.

 What distinguishes a penalty from a penalty shootout?

In a football game, a penalty can be given for a foul or a handball, but it can also be used to determine the winner. Because any previous tie in tournament football may need a penalty shootout. In the event of a tie after 120 minutes (presuming extra time has been used), each side will be given five alternate penalties, with the team with the most points being deemed the winner overall. After five penalties apiece, if there is still a tie, the two teams move on to sudden death. If team a succeeds on their penalty while team b fails, or vice versa, that team would then be deemed the victor.

Is it vital for my penalty betting strategy to use statistics?

Your chances of success with your penalty betting plan should rise if you use a data-driven approach. When placing bets, you can choose wisely because the statistics give you far deeper knowledge.

What impact do penalty shootouts have on a draw-no-bet?

They have no bearing on how the draw or wager will turn out. If the game is tied after regulation, the stakes are returned, and players may place another wager on the penalty shootout.

How frequently do favourites prevail in a penalty shootout?

Favorites have absolutely no advantage in a penalty shootout. The ability of the individual players to maintain their cool in these stressful situations is what makes the difference.

What percentage of penalties in football are converted on average?

In 75% of situations, penalties are converted, on average. The likelihood of a penalty being converted into a goal is higher for the first penalty and somewhat lower for subsequent penalties.

Which football league has the greatest rate of penalties that are awarded?

The greatest top leagues for betting on penalties historically have been Ligue 1 and Serie A. The Spanish first division has caught up with the introduction of VAR, and these figures alter annually.

Other Related Articles:

• Win reverse bet
• Draw Betting
• Last Minute Betting
• Moneyline Betting
• Win to Nil
• No Clean Sheet Bet