Betting houses around the world explored the process of choosing the new Pope, known as conclave to move millions of reais in guess About who will be the next pontiff after death of Francis.
The favorite cardinals to become Pope have already reached the Vatican for the conclave. The ritual, which goes back to the thirteenth century, begins in May 7th.
The secret vote of the new Church head generates discussions around names strong candidates also called “papabile” (“papable” in literal translation).
The guesses on Who will succeed Francisco for example, have already moved $ 11.5 million (about R $ 60 million ), according to platform data Polymarket a forecast market based on the information of blockchains (Database tools used mainly by the crypto industry).
According to Polymarket, the market “Who will be the next Pope?” recorded, Until this Wednesday (30), The following cardinals the biggest bets to become the next Pope:
- Pietro Parolin: with 23% chance
- Luis Antonio Tagle: with 22% chance
- Peter Turkson: with 17% chance
- MATTEO ZUPPI: with 12% chance
Parolin has been the favorite on the platform since before the death of Francis, although he was briefly overtaken by Tangle on April 22 – a day after the Argentine pontiff died.
“There is a lot of speculation about the next Pope, and we currently put Vatican Secretary of State Pietro Parolin, as our favorite, with a quotation of 9/4,” said Lee Phelps, spokesman for the British group of Better William Hill to Reuters.
He added that “Luis Antonio Tagle is in second place in our market, with a quotation of 3/1, and would become the first Asian pope in history, while Matteo Zuppi and Peter Turkson are both quoted 6/1 ″.
See the names of the main prices in this matter.
Who is Pietro Parolin?
The Italian Cardinal Pietro Parolin, has been working since 2013 as Secretary of State for the Vatican-a position that basically gathers the functions of a Prime Minister and a Foreign Minister, as well as being considered the Pope’s “number 2”.
Sources with knowledge of the Vatican heard by CNN who spoke on the condition of anonymity, say they see Parolin as a strong candidate and highlight their nearly 40 years of experience in diplomacy of the Holy See.
The Vatican describes the Cardinal as someone “particularly specializing in matters related to the Middle East and the geopolitical situation of the Asian continent.”
Between 2009 and 2013, he also acted as Apostolic Nuncio (a kind of “Holy See Ambassador”) in Venezuela, in a time of crisis in the relationship of the Catholic Church with the government of Hugo Chavez. Parolin also played an important role in the intermediation of negotiations that led to the resumption of relations of Cuba and USA in 2015.
If the cardinal’s diplomatic profile in a swarm world of conflict is seen as a strong point for some experts, others highlight their cons.
A source highlighted CNN on the condition of anonymity, which Parolin is seen as “a Vatican bureaucrat” and is expected “that this is an increasingly less likely figure in the papacy.” “Although Parolin fit into the criteria of continuity and ease of articulation, he does not have the most likely history for a Pope,” he said.
Australian Vaticanist Paul Collins assessed that Parolin has strong identification with Francis’ ideas, “but has no pastoral experience and never managed a diocese.”
Collins also cited “complex financial scandals” that took place at the Secretariat of State during the Cardinal’s term. “At the beginning of Francisco’s papacy, he was seen as a ‘hot’ name, but his brightness decreased considerably,” he added.
Who is Luis Antonio Tagle?
Archbishop Emeritus of Manila and proclaimed Cardinal in 2012, Tagle has already been nicknamed “The Asian Francisco” because of his relationship with the poor.
The “Crux” website, which specializes in coverage of the Catholic and Vatican Church, published an article, which described Cardinal Tagle as “a moderate oriented to social justice, which is best known for his defense of immigrants and the poor, and whose personal life style speaks of modesty and simplicity”.
A source told CNN that tagle “is a strong candidate”. “It has a history of social commitment and comes from the East, where the church is usually more traditionalist than in Europe. It could make a bridge easier with the conservatives and would show an increase in the internationalization of the church,” he said.
Collins believes that administrative problems in the international charity institution during Tagle’s management can take their prominence among cardinals. Another source also highlights the fact that Tagle comes from a family of Chinese descent and China is a sensitive theme in the church.
The pontificate of Francisco signed a historic agreement in 2018 that appeared to relations with Beijing, but the pact faced criticism – especially from the conservative wing.
Papabili lists also bring other cardinals with chances of being elected Pope and, like the last examples cited, would be aligned with the idea of continuity of the pontificate of Francis and consolidation of the reforms initiated.
They are the French cardinal Jean-Marc Aveline, the Maltese Mario Grech, who acts as secretary of the Bishops Synod, Portuguese Cardinal José Tolentino de Mendonça, American Robert Francis Prevost and British Arthur Roche.
Although considered highly unlikely, experts have also analyzed the possibility of surprising everyone and cardinals opt for a conservative name and contrast with church ideas in the last decade.
With information from Reuters.
Was this content originally published in who will be the new Pope? Betting houses point to a favorite before the conclave on the CNN Brazil website.
Source: CNN Brasil
Bruce Belcher is a seasoned author with over 5 years of experience in world news. He writes for online news websites and provides in-depth analysis on the world stock market. Bruce is known for his insightful perspectives and commitment to keeping the public informed.
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