In soccer betting, if you just make a straight wager on a match, it ends when regulation ends.
For instance, if you bet a Champions League final and had Athletico Madrid +1 against Real Madrid when regulation ends in a tie, and the game goes into extra time, your bet is a winner (regardless of what happens in the extra period). Inversely, if you had Real Madrid -1, you would lose this bet after regulation ends, and overtime could not bail you out.
Most online sportsbooks allow you to bet on alternative lines that take extra time into account. You could have bet Real Madrid will “Raise the Cup’’ which means all that team has to do is eventually win the match, be it in regulation, extra time, or during penalties.
The difference in betting that way is the odds are usually not in your favor. Instead of getting moneyline odds of -115 on Real Madrid, if you bet them to “Raise the Cup’’ the money line would be anywhere from -280 to -350. Meaning you would wager that much (either $280 to $350) to win $100.