The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls.

This week, the ascension of the first American pope surprised many, including the theoretically neutral online betting sites ...

Italy’s Pietro Parolin leads odds on the Polymarket and Kalshi betting platforms, while Luis Antonio Tagle of the Philippines ...

Off Base Polymarket, the crypto-based prediction market where users can place bets on events ranging from national elections ...

A handful of bettors scored massive payouts upon the selection of the new leader of the Catholic Church, Robert Francis ...

The centuries-old tradition of wagering on papal elections was in full swing on Day 1 of the conclave. As black smoke emerged ...

The Vatican elected a new pope on Thursday, but not before prediction markets briefly went haywire between the white smoke ...

Leo is the first pope with a pre-papal social media presence, which helps paint an early picture of his positions on various ...

Robert Prevost was a 100-1 long shot at UK sportsbooks last week to be the first American pope and successor to the late Pope ...

Betting markets and papal forecasters were wildly off in conclave predictions, with only a few gamblers pulling down big ...

You could have made a lot of money by betting against the conventional conclave wisdom. Why it matters: Prediction markets ...