Wolves boss Nuno Espirito Santo said it was "hard to take" after a stoppage time leveler denied them victory at Burnley.
Raul Jimenez became the first Wolves player to score 17 top-flight goals in 44 years to keep Wolves' faint champions League hopes alive.
But a controversial stoppage time penalty denied them the three points that would have taken them just one point behind Leicester and Manchester United.
The visitors claimed that Woods should have been penalised for a high boot in the build up to the goal but VAR did not over-rule referee Mike Dean's decision.
"Every goal you concede is hard to take and if it is in the final moments it's even harder," said the Wolves boss.
"The team were always in control, we managed the game well.
"You try to prepare good but after that sometimes justice in the game doesn't exist.
"But this is not the point of football. The point of football is to compete, play well and the boys did this today."
A powerful Jimenez volley from the edge of the box with 15 minutes remaining looked to have secured the points but with seconds remaining Matt Doherty was adjudged to have handled in the box and Chris Wood rifled the spot kick into the roof of the net.
In truth, classy Wolves - who fielded seven Portuguese in their starting line-out - were made to pay for wasting a host of chances to secure the three points before the dramatic finale.
By Russell Stoddart
Image: Getty Images