Penalty awarded: betting on a spot kick
A penalty awarded bet asks whether the referee gives a penalty in a match. Yes usually wins even if the kick is missed. Shootouts after extra time do not count.
Reviewed Oct 15, 2026
Answer first
90s- 01The award counts, not the goal.
- 02Shootouts do not count.
- 03VAR can add or cancel penalties.
Key numbers
Penalty bets at a glance
In short
Key takeaways
- A missed penalty still counts.
- Overturned awards do not count.
- Referee style matters.
- Read the extra time rule.
Progress
How it settles
- 1
Foul in box
Or handball
- 2
Referee decision
After any VAR check
- 3
Award stands
Yes wins
- 4
No award
No wins
The final decision after review counts.
What counts
| Situation | Counts as penalty? |
|---|---|
| Penalty scored | Yes |
| Penalty missed or saved | Yes |
| Award overturned by VAR | No |
| Shootout kick | No |
| Retaken kick | Counts once |
Check house rules.
What makes a penalty more likely
Attacking teams that dribble into the box draw more fouls. Referees differ too, and some award more penalties than others.
VAR has changed rates in many leagues, since reviews catch fouls the referee missed. Check recent league data.
Implied chance by price
| Yes price | Implied chance |
|---|---|
| +200 | 33.3% |
| +250 | 28.6% |
| +300 | 25% |
Implied chance = 100 ÷ (odds + 100).
Extra time and cups
Most penalty markets cover 90 minutes plus added time. Some include extra time; few include shootouts.
Check the market name for regular time before betting a knockout match.
Sequence
Betting a penalty prop
Step 01
Check the referee
Award rate.
Step 02
Look at teams
Box entries.
Step 03
Check VAR use
League rules.
Step 04
Read the period
90 minutes or more.
Step 05
Compare prices
Several books.
A worked example
You bet $10 on Yes at +250. In the 70th minute, VAR spots a handball and the referee points to the spot.
The goalkeeper saves the kick, but the award stands. Your bet wins and returns $35.
League differences
Penalty rates vary between leagues and seasons. Some leagues average close to one penalty every three matches; others fewer. Penalties also come from fouls on corners and free kicks, when players grapple in the box.
VAR rules on handball have changed several times, affecting rates. Late in close matches, attacking teams push forward, which can lead to more penalties.
Look at the current season data for the league you bet.
Common mistakes
- Counting shootouts
- They do not count.
- Thinking a miss loses
- The award counts.
- Ignoring referees
- Rates differ.
- Missing extra time rules
- Check the market.
Referee data
Referees differ in how often they award penalties. Some leagues publish referee assignments a few days before matches. Teams that cross often create more contact in the box.
A referee with a high rate gives the Yes side a small edge. Some books settle on the official match report if a decision is unclear.
Use several seasons of data, since one season can be noisy.
Floor rules
Penalty terms
Know before you sit
- Penalty
- A free kick from 12 yards.
- VAR
- Video review.
- Spot kick
- Another name for a penalty.
- Shootout
- Kicks to decide a tie.
- Penalty area
- The box in front of goal where fouls lead to penalties.
- Handball
- A deliberate or unnatural touch of the ball with the hand or arm.
- On-field review
- A referee check of a VAR clip at the pitch-side monitor.
Related markets
Some books offer penalty scored and penalty missed markets, which settle on the outcome of the kick. Derby matches can bring more fouls, but referees may also be more cautious.
A penalty and red card in the same match may have a combined price.
Read each market name, since awarded and scored settle differently.
Keep reading
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01Basics
What is a penalty awarded bet?
A bet on whether the referee gives a penalty in the match. Rules differ between licensed sportsbooks, so read the house rules.
Does a missed penalty count?
Yes. The bet settles on the award, not the result of the kick. Rules differ between licensed sportsbooks, so read the house rules.
Do shootouts count?
No. Shootout kicks are not penalties for this market. Rules differ between licensed sportsbooks, so read the house rules.
02Rules
What if VAR cancels the penalty?
Then it does not count, since the final decision stands. Rules differ between licensed sportsbooks, so read the house rules.
Does extra time count?
Usually not; most markets cover 90 minutes plus added time. Rules differ between licensed sportsbooks, so read the house rules.
What if a penalty is retaken?
It counts as one award. Rules differ between licensed sportsbooks, so read the house rules.
03Strategy
What makes Yes more likely?
Attacking teams, strict referees and leagues with high award rates. Rules differ between licensed sportsbooks, so read the house rules.
Is Yes usually good value?
Compare the implied chance with recent league rates first. Rules differ between licensed sportsbooks, so read the house rules.
Where can I get help?
If gambling stops being fun, call or text 1-800-GAMBLER for free, private help any time of day.
Sources
- IFAB — Laws of the Game Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Penalty kicks and VAR
- FBref — Football statistics Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Penalties awarded by league
- Wizard of Odds — Sports betting Not from a registry (Reference source, not an official registry)The gaming industry’s standard reference for casino-game math, by actuary Michael Shackleford. Not an official registry; our calculators compute these numbers independently. · accessed Oct 15, 2026Sports betting math
- National Council on Problem Gambling — Help and resources Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Free, confidential help: call or text 1-800-GAMBLER