🔗 Gambling on Papal Conclaves

🔗 Catholicism 🔗 Gambling 🔗 European Microstates 🔗 European Microstates/Vatican City

Gambling on papal elections has at least a 500-year history. Betting on 16th-century papal conclaves are among the first documented examples of gambling on election outcomes. During the same period, gambling was also common on the outcomes of secular Italian elections, such as that of the Doge of Venice. Leighton Vaughan Williams and David Paton employ a unique dataset to investigate betting on the 2013 papal election, set within the context of the history of betting on papal conclaves.