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By Kendra Pierre-Louis. PopSci Shop. Get secure browsing, block ads, and more with an annual VPN subscription. Choose from 1-, 2-, or 3-year plans to give yourself the peace of mind you need online. Stack Commerce. Such policies on the lives of popes and other notable figures were forbidden in Barcelona and Genoa and The first recorded example of gambling on the candidate to be selected by a papal election occurs with the papal conclave, September , although Frederic Baumgartner, a historian of papal elections, considers it then already "an old practice".
Discussing the election of Leo X in , it has been stated:. Before and during the papal conclave , many Roman bankers offered betting spreads on the papabili cardinals likely to be elected. According to the Venetian Enrico Dandolo, a witness to the conclave, "it is more than clear that the merchants are very well informed about the state of the poll, and that the cardinals' attendants in Conclave go partners with them in wagers, which thus causes many tens of thousands of crowns to change hands".
Dandolo describes an early example of insider trading. In March , Pope Gregory XIV imposed a penalty of excommunication against any who wagered on the outcome or length of papal elections as well as the creation of cardinals ,  and banned the practice in the Papal States.
According to a New York Times article following the papal conclave, : "The Italians are all superstitious, and all fond of the lottery. Every great event leads to speculation in numbers. The deaths and advents of the Popes has always given rise to an excessive amount of gambling in the lottery, and today the people of Italy are in a state of excitement that is indescribable. Figures are picked out which have some relation with the life or death of Pius IX.
Every day large sums are paid for tickets in the lottery about to be drawn. Gambling over the outcomes of the papal conclave, and papal conclave, was covered in several newspapers. Paddy Power ,  Ireland's largest bookmaker, started taking bets on the successor of Pope John Paul II five years before the pontiff's death.
Power, the proprietor of Paddy Power, was evicted from St. Peter's Square by security staff before the start of the conclave for displaying his betting prices,  by what he claims were undercover police officers. Power—"the biggest non-sports betting market of all time".
Prior to Pope Francis ' election, the odds were to-1 of Bergoglio becoming pope, according to betting company William Hill Plc. Gambling on Papal conclaves is largely internet based, as most conventional sport books, such as those in Las Vegas , do not accept bets on election outcomes.
Wagering on the Papal conclaves may no longer be considered illegal in the United States. Gregory XIV's bull of excommunication as a penalty for such wagers was never specifically rescinded, but was abrogated along with all canon law provisions associated with the Ius Decretalium in From Wikipedia, the free encyclopedia.
|Papal candidates betting odds||The only other resignation on record was that of another Benedict— Benedict IX —who became the first such abdicator in He could be an African face on a previously monochromatic office. Among many posts, he served as spokesman for John Paul II and was the chief-of-staff of the Vatican from toconsequently earning lots of experience in the hot seat and allies in important places. Presidential politics, every four years, is the gift that keeps on giving. Pope Francis is a widely popular figure.|
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While Las Vegas casinos refuse to accept such bets for reasons of " taste ," Paddy Power is one of several major international bookmakers currently offering papal markets, not only on who will be the next pope, but what papal name he'll choose, his country of origin, and the length of the papal conclave, among others. Such markets are nothing new. In , Roman banks accepted bets on cardinals likely to be elected, with the very same cardinals getting in on the action.
Pope Gregory XIX's papal bull , making wagers on papal elections punishable by excommunication, failed to deter the practice. At the papal conclave, The New York Times reported a brisk market and characterized Italian gamblers as "in a state of excitement that is indescribable.
For the second consecutive papal election, Paddy Power has agents in Vatican City gathering intelligence and advertising the firm's services. Here are the current "Next Pope" favorites along with commentary by a Paddy Power odds compiler:. Canadian Cardinal Marc Ouellet , age : "[This is] in no small part because of his closeness to the current Pope and his serious political acumen," says the odds compiler.
It is well known that there is a solid Italian voting block in the College of Cardinals, and Scola is currently top of the pile. Not surprisingly, Italy is also the favorite as the next pope's country of origin. Ghanian Cardinal Peter Turkson , : "He's commanded almost a quarter of the bets so far!
Some are pointing to the political pressure for a non-Westerner to be appointed, and Catholicism is certainly growing in Africa. Coral have gone even more obscure by listing Jeremy Clarkson, Richard Dawkins and, for some reason, golfer Bubba Watson.
Perhaps one strategy is to look at common Papal names through history and identify where there has been a recent gap. There have, of course, been reports of a possible retirement for the current incumbent but these have been appearing almost consistently for more than two years since April and nothing has yet materialised. Who will be the next Pope? Angelo Scola. Related Posts.
Here is a list of those odds — converted into probabilities and averaged — for the top 25 contenders as of p. The high ranking of Italian cardinals should not be a surprise. Cardinal Turkson may have hurt hist chances, however, by giving a recent interview to The Daily Telegraph of London that was seen by some as presumptuous. Two Americans are in the top The cardinals might also factor the age of a prospective pope into their decision. An examination of the ages of recent popes by Jimmy Akin at the National Catholic Register suggests that the cardinals may prefer a pope in his late 60s.
The oddsmakers seem to agree with this; the average age of the contenders in the top 25 is 70, and the average age of the top 10 prospective popes is Akin also wrote, however, that the resignation of the year-old Benedict could push cardinals to pick a younger pope this time. Or the cardinals could be drawn to Cardinal Luis Antonio Tagle of the Philippines, who, at 55, is the youngest cardinal in the top 25 No. Latest Reviews. Set up an ergonomic home office before you destroy your body.
It all starts with a chair. Jeremy Cook. We answered some common coronavirus questions. By Molly Glick. What archaeologists got wrong about female statues, goddesses, and fertility. By Annalee Newitz. Best heated vest: Beat the cold weather with the right winter gear. Up your game this winter with the best heated vests for any outdoor adventure. By PopSci Commerce Team. Simple, at-home tests can check your air and water for contaminants.
There are more options than ever. By Kendra Pierre-Louis.
Jesus handed St. Peter the Keys to Heaven and named him the rock on which the church will be built upon. Saint Peter and Saint Paul created the apostolic see in the first century, making the papacy one of the most powerful institutions in the world. In the past, the papacy had a say in political and war matters while also serving as the primary religious institution. Born Jorge Mario Bergoglio, he is the first pope from the Southern Hemisphere and the Americas, and also the first to hold papal mass in Arabia.
Pope Francis is a widely popular figure. Known for his humility and not being afraid to step outside his boundaries, Francis is a less formal Pope than his predecessors. Although popes usually reign until their death, bookies are already speculating about the next pope, offering odds on dozens of candidates. William Hill is one of the leading bookmaker brands worldwide.
Founded in , the bookie has dominated sport betting shops for quite a long time before making jumping to the Internet. Known for its reliability and industry-leading odds, William Hill offers a variety of sports to bet on. Although the focus is on football and horse racing, Will Hill has a variety of special markets where you can get special odds on events not related to sports.
Aside from offering betting on upcoming political elections or TV shows, William Hill also offers odds on dozens of candidates that may end up the new pope. Angelo Scola, who many experts consider most likely to succeed Pope Francis, shares the same odds with Ouellet. Search Search. By Francie Diep. Latest Reviews. Set up an ergonomic home office before you destroy your body. It all starts with a chair. Jeremy Cook. We answered some common coronavirus questions.
By Molly Glick. What archaeologists got wrong about female statues, goddesses, and fertility. By Annalee Newitz. Best heated vest: Beat the cold weather with the right winter gear. Up your game this winter with the best heated vests for any outdoor adventure. By PopSci Commerce Team. Simple, at-home tests can check your air and water for contaminants.