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Yes, a penalty shootout counts as a win in betting. If a bet is placed on a team to win and they win the match in a penalty shootout, the bet is considered a win.

Can I Bet On The Outcome Of A Penalty Shootout?

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Penalty shootouts are considered separate to match results and are used only to determine which team progresses in the competition. Also, penalty shootout goals do not count towards a player's or the team's tally.

Penalty shootout in football: Rules and its history at the FIFA World Cup

olympics : news : penalty-shootout-football-world-cup-stats

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