The Cripto forecast markets do not see the Pope Leo XIV that comes

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• White in the popular payment cryptocurrency prediction market saw a small chance Charinal Robert Francis to be elected Pope.

• Most of the Fourure’s remained disappointed while several went with little wealth.

• Underdate losses in the forecasting markets, the speculators of cryptocurrency, speculators attracted their attention in another place.

Cryptocurrency prediction markets were broken into the main consciousness in starting up to 2024. American presidential elections. Mainstream news has quoted quotas from popular platforms such as polymarket and kalshi, with traditional public opinion polls, because analysts claimed that these market predictions are more accurate than surveys. The idea is to put the participants where their mouths are their mouths, they are incentive to stand behind what they actually believe.

Indeed, these prediction markets Rated traditional surveys In predicting the results of the Presidential Election 2024. years. It could be believed that this skill should move on to the forecasting market on who would be the next Pope, but the results suggest differently.

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On Thursday, Faculty of Cardinal Cardinal selected Robert Francis Previouswhich selected the name Leo XIV, like a Pope, beating a chance of 99 to 1 on polimarcet. In particular, the aviators of the platform saw only 1% chance of the previous chosen Pope.

Cardinal Pietro Parolin, Secretary of State Vatican, was his favorite with a wide margin, with 28% quotas, mirrors in traditional markets, Newsweek export Wednesday. Behind the slandles was Cardinal Luis Antonio Tags, with 20% quotas.

Similarly, in Kalshi, they just shot gave Previous and 1,2% chance of being the selected pope before the end, with chances for a paroline that increases as much as 68.2%.

Finally, most members remained disappointed while several went with little wealth. One lucky rush of polymarket, especially gone with about $ 80,000, conquering almost $ 64,000 of approximately 1000 dollars in the amount and almost $ 16,000 for a $ 40,000 betting on Parolin.

Through polymaret and kalshi, and Biljeva placed $ 40.8 million at the outcome of the conclave.

Meanwhile, indefinite losses in the forecasting markets, the speculators of cryptocurrencies transferred their attention to somewhere else.