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Extra time is a period added on to the end of a match, when the match has ended in a draw, and a result has to be produced. It is most common in football matches, although only then in matches which are part of knockout competitions. In a Premier League match, a draw means a point for each team. In and FA Cup match extra time has to be played to see who will go on to the next round, and if the deadlock still can’t be broken, a penalty shootout will take place. After full time of 90 minutes, plus a few minutes added on for stoppages, extra time consists of two halves of 15 minutes each.
Bettors used to placing bets on league matches can sometimes be confused by the fact that the result after extra time doesn’t have any bearing when it comes to most bookmakers paying out on bets. As is usually explained at the time, any bet on the result of a football match is a bet on what the score will be after 90 minutes plus stoppages. If it’s a draw at that point, then bets will be paid on that basis, and anyone who bet on either team to win or lose will lose their bet. Even if one of the teams goes on to score 4 goals and win convincingly in extra time, this will still be the case. The same rule applies to bets made on matters such as the first and last goal scorer and the number of goal kicks awarded.
One exception to this is a bet on which team will qualify or go on to win the cup. In cases such as these the result after extra time is all important. Some bookmakers also offer the in-play option to bet on which team is going to win in extra time, and in this case extra time will be treated as a full match, including any stoppage time added.