Will the next pope be gay. Prediction market platforms kalshi and polymarket are reportedly exploring new fundraising rounds that could value the companies at around billion each, roughly double their most recent valuations. Cardinal pietro parolin the 70yearold italian cardinal is the favored successor to pope francis, with a 31% chance of being selected, per polymarket as of early tuesday afternoon. On polymarket, the price of each outcome represents the markets implied probability.
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On polymarket, the price of each outcome represents the markets implied probability, Placing money on who wins the title of the new holy father is not legal in colorado, however, according to the state’s gaming division. millions of dollars are staked on who will be the next pope, as polymarket and kalshi offer contracts on various scenarios. Online bettors spent over $40 million gambling on the identity of the next pope—one winner made $52,000 on a longshot.
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Cardinal Pietro Parolin The 70yearold Italian Cardinal Is The Favored Successor To Pope Francis, With A 31% Chance Of Being Selected, Per Polymarket As Of Early Tuesday Afternoon.
To qualify, the listed ticker must match the announced ticker added to the index, Both platforms have held preliminary discussions with potential investors about raising fresh capital at the elevated valuation, the wall street journal reported on friday, citing people. Online bettors spent over $40 million gambling on the identity of the next pope—one winner made $52,000 on a longshot. Six polymarket traders earned roughly $1 million after accurately betting that the united states would strike iran before the end of february, triggering insider trading suspicions, Analytics for the what will be the next popes papal name.
Published sat, may 10. Prediction market platforms kalshi and polymarket are reportedly exploring new fundraising rounds that could value the companies at around $20 billion each, roughly double their most recent valuations. The web page also lists other potential candidates and the process of the papal election. Announces that the listed company will be added to the s&p 500 index by ma, 1159 pm et. Polymarket, a prediction market platform, has cardinal parolin as oddson favorite to succeed pope francis who died in 2025.
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