The ruling means Trippier will not be able to play for Atletico Madrid until March 1, 2021. He has also been fined £70,000.
The 30-year-old England international will also miss Atletico’s UEFA Champions League round of 16 first leg clash against Chelsea on February 23.
Tripper was charged for the breaches in May this year, with the offenses thought to have occurred in July 2019 during his time with Tottenham Hotspurs.
An FA statement said: "Kieran Trippier has been suspended for ten weeks and fined £70,000, following misconduct in relation to breaches of The FA’s Betting Rules.
"The Atletico Madrid defender denied seven alleged breaches of FA Rule E8(1)(b), which were said to occur during July 2019, and requested a personal hearing.
"An independent regulatory commission was appointed to hear the case, with four of the alleged breaches found proven and three dismissed during a subsequent personal hearing.
"The independent regulatory commission’s written reasons for its decisions and the associated sanction will be published in due course.
"The suspension, which includes all football and football-related activity, is effective worldwide from today (Wednesday 23 December 2020) following an application to FIFA."
Trippier has made 19 appearances in all competitions for Atletico Madrid this season.
