Ludere in Leone: who made money from the new pontiff?
Was the first American Pope ushered in on a wave of suspect, last-minute betting? Something odd seems to have been happening on at least one online gambling platform – Polymarket – in the minutes before the new Pope was announced. I know because I happened to place a bet just before Pope Leo XIV walked out on the balcony of St. Peter’s – and watched the odds dramatically shortening before my eyes. Before his election as Pope, Leo was Cardinal Robert Prevost. I’d barely heard the name until a week ago, when I joined a tour of the Vatican laid on by the Holy See press office. We were not, disappointingly, to be shown the Sistine Chapel, the world’s most splendid polling station for the few days of a papal election.