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In addition to placing bets on the main outcomes of a match, another popular type of bet gaining traction is the Over/Under Penalty bet. This type of bet is offered in matches where the teams need to determine a winner after the official playing time and extra time. Let's dive into how to play the Penalty bet effectively and explore the best tips for analyzing this type of bet.

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What is the Over/Under Penalty Bet?
The Over/Under Penalty bet is based on the total number of penalties taken or the penalty shootout process. Bookmakers offer various betting options related to the penalty shootout of both teams. Not all matches have this type of bet, so you need to monitor the games and seize opportunities. In the Over/Under Penalty bet, you'll have specific odds for choosing the Over or Under option compared to the odds provided by the bookmaker.
Specifics of the Over/Under Penalty Bet
There are several types of Penalty bets you can enjoy, including:
Score in the Penalty Shootout: This bet involves predicting the total score after each team completes 5 penalty kicks.
Team to Take the Last Penalty: In this bet, you predict which team will take the final penalty kick in the shootout. The order depends on the referee's decision. If the shootout remains tied after 5 kicks each, the order will reverse. Therefore, you won't know which team takes the last penalty until the shootout is concluded.
Winning Team of the Penalty Shootout: You simply bet on the team you believe will win the penalty shootout. You'll wait until the shootout concludes to see if your bet wins. This bet has a win rate of 50% and is quite popular.
Successful or Missed Penalty Kicks: This relatively challenging bet involves predicting whether each team's penalty kicks will be successful or missed. The bookmaker provides a list of kicks, and you place your bets on whether the kick will result in a goal or not. The rewards for this bet can be enticing.
Over/Under Total Penalty Kicks: The bookmaker sets a specific number of penalty kicks for you to bet on. You wager whether the total number of penalty kicks in the shootout will be over or under the bookmaker's given number.

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Tips for Analyzing Penalty Bets to Improve Winning Chances
To effectively analyze Penalty bets, keep these fundamentals in mind:
Consider each team's penalty history to gauge which team has the psychological edge and better goalkeeper skills.
Assess the form and class of both teams to determine which team has more confidence in a penalty shootout.
Evaluate the penalty-saving performance of goalkeepers. Identify which goalkeeper is highly regarded. Sometimes, backup goalkeepers are chosen for penalty kicks.
Opt for bets with high winning odds, like the last penalty kick or the winning team of the shootout. The payouts may be lower, but the winning percentages are higher.

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Conclusion
With the information provided by Wintips and the suggested betting strategies, you can actively participate in the Over/Under Penalty bets. This type of bet is common in various tournaments, qualifications, and finals. Good luck!"