Many people bet based on headlines or hunches. I dig into research and market moves behind political odds & manager markets, so you can back decisions, not guesses.
- Pietro Parolin tops the market to be the next Pope
- Former favourites now drift in the betting market to take over in big role
- Francis once again favourite to be Papal name of next Pope
Pietro Parolin tops the market to be the next Pope
Cardinal Secretary of State for the Vatican Pietro Parolin moves back into favourite with bookmakers to become the next Pope with the betting market changing around once again.
Cardinal Pietro Parolin is considered by many to be a big the most straightforward successor to be the next Pope but had drifted in the market to take over in recent months.
Parolin is Pope Francis' No. 2 official and he has done many visits when the Pope cannot do them himself and he's 4/1 favourite to be the next Pope.
The latest betting odds put Parolin at the top of the market to be the next Pope with the odds saying there's an implied chance of 20% that he gets the role.
Peter Turkson had previously been favourite for the role but he has since drifted out to 6/1 in the betting odds.
| Next Pope After Francis I | Odds | Probability |
|---|---|---|
| Pietro Parolin | 4/1 | 20.0% |
| Luis Antonio Tagle | 5/1 | 16.7% |
| Peter Turkson | 6/1 | 14.3% |
| Peter Erdo | 7/1 | 12.5% |
| Angelo Scola | 8/1 | 11.1% |
What the expert says..
Former favourites now drift in the betting market to take over in big role
Ghanaian cardinal of the Catholic Church Peter Turkson has previously been favourite to be the next Pope and remains in the betting market as third favouirte.
Turkson had even featured in the market to take over last time a new Pope was decided with Paddy Power and Ladbrokes both making him favourite in their respective markets back in 2013 after Pope Benedict stepped down.
The current odds have Turkson as the third favourite at 6/1 to be the next Pope with the latest market suggesting a 14.3% chance of him getting the role.
Next Pope Betting Odds
Francis once again favourite to be Papal name of next Pope
Betting odds remain available on what name the Next Pope will go by with a 50% chance now given that the Pope will be called Francis with the current Pope the first to use that name.
The reigning Pope became the first to use a new name since Pope Lando in 913-914 and it could be that we see Francis II sooner rather than later.
Betting odds have seen Francis shorten from 5/4 into EVS to be the name of the next Pope with John Paul shortening even further.
| Papal Name of Next Pope | Odds | Probability |
|---|---|---|
| Francis | 1/1 | 50.0% |
| John Paul | 5/1 | 16.7% |
| Leo | 8/1 | 11.1% |
| John | 12/1 | 7.7% |
