Conclave sparks millions of dollars in wagers on next pope — with one contender clearly leading the pack
From the Right
AllSides Media Bias Rating: Right
There’s a lot of holy rollers out there.
Bettors have placed millions of dollars in wagers on the papal conclave, and not just on who will be the next man to lead the Roman Catholic Church.
Online betting prediction markets such as Polymarket and Kalshi started taking bets on who will succeed Pope Francis within hours of his April 21 death, raking in a combined $17 million and counting, according to the Wall Street Journal.
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