Conclave Markets: The Rise of Leo XIV

Conclave Markets: The Rise of Leo XIV

30:00 May 8, 2025
About this episode
Original Publish Date: 5/8/2025 Description: The conclave is over and the prediction markets were dead wrong. In this episode of History of the Papacy, we dive into the fascinating rise of Cardinal Robert Prevost, now Pope Leo XIV, the first American pope. Just days before his election, he barely registered in the prediction markets. So how did he win in less than five ballots? We explore how these markets work, why they usually get things right, and why the conclave is one place where money can’t predict the Holy Spirit. Support the show: Buy me a coffee! https://buymeacoffee.com/historyofthepapacy Patreon: https://www.patreon.com/historyofthepapacy Buy me a book! https://www.amazon.com/hz/wishlist/ls/1MUPNYEU65NTF Have questions, comments or feedback? Here are ways to contact me: Email Us: steve@atozhistorypage.com https://www.atozhistorypage.com/podcast Music Provided by: "Sonatina in C Minor" Kevin MacLeod (incompetech.com) "Funeral March for Brass" Kevin MacLeod (incompetech.com) "Crusade Heavy Perfect Loop" Kevin MacLeod (incompetech.com) Agnus Dei X - Bitter Suite Kevin MacLeaod (incomptech.com) Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/ Begin Transcript: [00:00:00] Welcome back to the History of the Papacy Podcast, a podcast about the Popes of Rome and Christian Church. Prepare yourself to step behind the ropes and leave the official tour of the story of the Popes and Christianity. I am your host, Steve Gura, and I thank you for joining me on this journey. Hey everybody, it's Steve here. I recorded this episode about, uh, maybe two days ago, and a lot has changed since that recording. We do have a new Pope, Pope Leo the 14th, who was former Cardinal. Robert Prevost, who is the [00:01:00] first American Pope, or who is the first American pope. We'll get into a lot of the details about this future Pope. We'll probably do an episode on this Cardinal Prevost, where he came from. There's a lot of interest. Details with his life. We probably won't get into a tremendous amount of detail because there's just so much new information coming out about him, but related to this episode that I recorded before, and I think this, this, uh, you should definitely hang on all the way to the end because it's so interesting. This whole episode was based around the prediction markets around who would be Pope, and I said it in this episode and I've said it ma
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