When a knockout match is level after 90 minutes, the standard markets have already settled and a new set of markets opens up — covering extra time and the potential penalty shootout. These markets are entirely separate from the 90-minute markets and apply only to knockout-format matches where a winner must eventually be found.
What is "Will There Be Extra Time / Overtime" in betting?
This is a Yes/No market asking whether the match will require extra time to decide a winner. It resolves:
- Yes — if the match is level after 90 minutes and the two 15-minute extra time periods are played
- No — if one team leads at the end of 90 minutes and the match concludes without extra time
Only available for knockout matches where extra time is a possible outcome. In league fixtures, this market does not exist.
Example: Champions League final. The score is level after 90 minutes — "Will There Be Extra Time: Yes" wins.
Extra Time 1X2
Once extra time is confirmed, this market asks who wins specifically during the extra time period — the 30 minutes between the 91st and 120th minute. It does not include the penalty shootout.
Three outcomes: Team 1 wins in ET / Draw at end of ET / Team 2 wins in ET.
If the match remains level after extra time and goes to a penalty shootout, the Extra Time 1X2 settles as a draw — because neither team won during those 30 minutes.
Extra Time Over/Under
This market covers only the goals scored during the extra time period itself — not the full 120-minute total. Lines are typically set low (0.5 or 1.5) because scoring in extra time is less common than in regulation.
Example: "ET Over 0.5" wins if at least one goal is scored during the 30 minutes of extra time, regardless of who scores it.
Extra Time Handicap
A goal handicap applied to the extra time period only. It works on the same principles as a standard handicap but the goal counts are taken exclusively from the ET period. Goals scored during the first 90 minutes are not included.
Extra Time Correct Score
Predicts the exact score during the extra time period only — not the cumulative score from kick-off to the 120th minute. A selection of "ET Correct Score: 1-0 Home" means the home team scores one goal in ET and the away team scores none during those 30 minutes — regardless of what the score was at 90 minutes.
Will There Be a Penalty Shootout?
A Yes/No market asking whether the match will reach the penalty shootout phase. It resolves:
- Yes — if the tie remains level after extra time and a shootout is held
- No — if one team wins in extra time (or in regular time)
Penalty Shootout Winner
Which team wins the penalty shootout. This market settles on the team that converts more penalties and is confirmed as the winner. It has nothing to do with the 90-minute or 120-minute result from open play.
Penalty Shootout Winning Margin
By how many penalties does the winning team win the shootout? Common bands: win by 1, win by 2, win by 3 or more.
Example: If the shootout ends 5-4, the winning margin is 1 — "Win by 1" settles as a winner.
Penalty Shootout Over/Under
The total number of penalties taken during the shootout — not goals, but kicks taken. In a standard 5-kicks-each format, the maximum before sudden death is 10 penalties taken. Sudden death extends this further. Lines are typically set around 8.5 or 9.5.
Penalty Shootout Odd/Even
Whether the total number of penalties taken in the shootout is an odd or even number. The count is based on kicks taken, not goals scored.
Example: A shootout that ends 5-3 (8 kicks taken total) settles as Even.
Penalty Shootout Correct Score
The exact score at the conclusion of the penalty shootout, expressed as goals scored in the shootout only. For example, "5-3" means one team converts 5 penalties and the other converts 3. The match score from open play is not included — this is strictly the shootout score.
Which penalty wins / Nth penalty scored or missed
Some bookmakers offer markets on individual penalty kicks within the shootout — for example, "Will the 5th penalty be scored?" or "Will the decisive penalty be scored?". These settle based on the specified kick in the sequence. Keeping track of the exact penalty count is important: the 5th kick is the 5th individual attempt taken, in sequence, across both teams.
For more on how knockout-stage matches are decided, see To Qualify and Winning Method Explained. For the full overview of football markets, see Football Betting Markets Explained.
Frequently asked questions
Do extra time goals count in the standard 1X2 market? No. Standard 1X2 markets settle at 90 minutes plus stoppage time. If the match goes to extra time, the result at 90 minutes is what the 1X2 is settled on. Goals scored in extra time are irrelevant to the 90-minute 1X2.
If I back Over 2.5 goals and extra time goals take the total over 3, does that count? No. Standard Over/Under markets settle at 90 minutes. Goals scored in extra time do not count toward the standard goal total unless the market is specifically labelled as "including extra time." Always check whether a goal total market is 90-minute or full 120-minute.
Can I bet on these markets for league matches? No. Extra time and penalty shootout markets only exist for knockout ties where those stages are possible. A Premier League or La Liga match cannot go to extra time under normal circumstances, so these markets are not offered.