Who will the next Pope be?
💡 What the odds say
Most likely: Pierbattista Pizzaballa at about a 7% chance — very unlikely.
Prediction-market odds are usually well-calibrated — historically, outcomes priced near 70% happen about 70% of the time — but the crowd can still be wrong, and the price can lag the news.
Summary
The prediction market for the next Pope shows a highly fragmented field, with the leading candidates each holding only 2-4% probability. This indicates significant uncertainty and no clear frontrunner, as the combined odds of the top six contenders remain below 20%.
How it resolves
Settled by Kalshi, a CFTC-regulated US exchange, against the official source named in each contract (e.g. a government release or election certification), with an Outcome Review Committee as a backstop for disputes.
Resolution criteria
Before 2070
ⓘ A market settles under its own written rules, which can lag what looks decided in the news — so the price may not move to 100% the moment an outcome seems obvious.
View the official rules on Kalshi ↗Data from Kalshi’s public API, for informational purposes only. PredictionHub is not affiliated with any platform and does not facilitate trading.