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

Odds that the U.S. would plunge into recession in 2025 dipped below 50% on decentralized prediction market Polymarket after ...

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

One prophetic propositioner pocketed $52,641 in profit off of a $525 papal prediction, according to a Kalshi post on X.

While they’ve had some successes — notably, they bested traditional polls at predicting Donald Trump’s 2024 election win — the market for betting on the next pope was blindsided by the conclave’s ...

Cardinal Robert Francis Prevost, who was elected Thursday as the first US-born Roman Catholic pontiff, wasn’t among the ...

According to the majority of polymarket bettors (98%), the Fed will not change the interest rates. On the other hand, 1.9% of ...

With Catholic cardinals taking part in a conclave in Rome to pick the next pope, a clear favorite has emerged on global ...

Blockchain-based betting sites Kalshi and Polymarket raked in a whopping $40.4 million in conclave wagers, with most winners scoring on who would walk away a cardinal and very few accurately ...

Online prediction markets like Kalshi and PolyMarket are letting users wager on who will be the next leader of the Catholic ...

Cardinal Robert Prevost defied global betting markets to become the first U.S.-born pope, stunning gamblers and reshaping ...