Guide to Betting on Even/Odd Penalty Odds from Experts

For experienced bettors and football enthusiasts, the concept of even/odd betting is likely familiar. This is a popular betting type, though it requires strategic thinking to secure a win. Let’s dive into expert insights on placing even/odd penalty bets with precision through win tips in the article below!

Guide for New Players on Even/Odd Penalty Odds

When betting with reputable bookmaker sportsbook, you’ve probably encountered the concept of even/odd penalty odds. This betting type predicts whether the total number of goals scored by both teams in a penalty shootout will be even or odd. Simply put, the odds offered by bookmakers allow you to choose even or odd based on the total goals scored by the two teams.

How Are Penalty Odds Calculated?

Generally, betting on even/odd penalties is straightforward with just two options. The variety in odds and bet types for even/odd penalties is also rich with top bookmakers like W88. You can choose even/odd bets based on the total goals in direct shootouts.
The outcome is determined immediately if one team fails to score. To clarify, even/odd penalty bets only consider the first five shots taken by each team.

Expert Tips on Reading Even/Odd Penalty Odds Accurately

The odds for even/odd penalty bets are diverse, so it’s essential to have solid betting knowledge. First, find a reputable, secure bookmaker like W88, as each offers different odds.

For example, in a match between Real Madrid and Leganes:

• Odd penalty bet for the entire game: If the match ends with an odd total score (e.g., 1 + 2 = 3), you win. Betting 100 points yields a 98-point profit. If the total score is even, you lose.

• The same applies for odd penalty bets on the first half. If the score is odd at halftime, you win and earn 100 points on a 100-point bet, but lose only 91 points if the score is even.

Read More: Review of the Top 5 Most Reliable bookmaker reviews forum in the Market

Effective Strategies for Even/Odd Penalty Betting

Here are some tried-and-tested strategies that experienced bettors often use for even/odd penalties:

1. Analyze the Teams’ Performance
   Check the recent performance and skill gap between the two teams. If both are strong teams with balanced play styles, it’s likely they’ll score fewer goals, making even/odd penalty predictions easier. Conversely, if there’s a wide skill gap between the teams, the stronger team might score more, though this can make even/odd predictions trickier.

2. Consider Even/Odd Penalty Bets as Side Bets
   Since even/odd penalty betting depends heavily on luck, avoid placing large amounts on these bets. Instead, use smaller amounts occasionally.

3. Maintain a Calm Mindset
   In any betting scenario, staying calm and collected helps you make more accurate predictions.

4. Use Handicap Bets as a Guide
   Look at the handicap odds offered by the bookmaker to predict the match’s score. Based on this prediction, you can estimate the total penalty goals.

Additional Tips for Even/Odd Penalty Betting

Here are a few extra tips to improve your even/odd penalty betting:

• Limit placing even/odd bets for half-time or full-time. This betting type is highly unpredictable and risky.

• In matches where both teams have similar strength, consider betting on an even penalty score for the entire game.

• Pay attention to general patterns in betting, including penalty bets. For example, if a team plays 20 matches in a season, around 9 or 10 may end in odd scores, with the rest being even. Recognizing these patterns can increase your chances of winning and reduce risks.

• Bet only a specific amount and avoid overspending, so you can save funds for other bets.

How to Choose a Reliable Bookmaker for Even/Odd Penalty Bets

Given the rapidly growing betting market and numerous bookmakers, selecting a reputable site is crucial for successful betting.

1. Licensed and Transparent Operations
   A valid operating license is essential. This guarantees that the bookmaker is compliant with the law and does not jeopardize player interests. Licenses may be issued by authorities in Malta, the Philippines, or Malaysia.

2. Fast and Reliable Deposit/Withdrawal Methods
   When placing bets, you want your funds to be secure and accessible. Ensure the bookmaker allows quick and hassle-free withdrawals after wins.

3. A Diverse Range of Games
   A professional online bookmaker should offer a variety of games to keep players engaged.

This guide on even/odd penalty betting from experts is for all those interested in this type of bet. Even/odd betting may seem easy to predict, which attracts many beginners. We hope this article provides valuable insights for effective betting. Good luck!