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flag Online gamblers bet over $40 million on predicting the new pope, with one winning $52,641.

flag Online bettors spent over $40 million predicting the new pope, with the largest bets placed on Polymarket and Kalshi, where one bettor won $52,641 on a $526 bet. flag This gambling activity, while significant, is less than what was spent on the recent U.S. presidential election on prediction markets. flag The platforms have faced scrutiny over potential manipulation and regulatory issues.

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