The Capitalist: Next Pope odds, ChatGPT etiquette and miserable Brits
Next Pope odds, ChatGPT etiquette and miserable Brits; catch up on the latest City gossip in this week’s edition of The Capitalist
Cashing in on Catholicism
If you thought the death of the Pope was of no consequence in this godless City, think again. It may not have moved markets but that doesn’t mean punters aren’t cashing in on the Pope’s passing. Not only has it been a boon for Amazon Prime, which coincidentally started streaming Conclave for free from Tuesday, but also for bookies, who have been quick to allow punters to bet on who the next Pope will be.
Ladbrokes PR manager, and Catholic, Cal Gildart told The Capitalist that, while perhaps not one of their most popular markets, people had already begun wagering on the next pontiff, continuing a good ol’ tradition predating 1503, when there were the first recorded bets on the outcome of the Conclave. At Ladbrokes, there have already been enough bets to move the market. “When the book opened, Pietro Parolin was 2/1, and he’s shortened slightly to 7/4. Luis Antonio Tagle briefly went neck-and-neck with Parolin at 2/1, but he’s back to his........
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