Irish bookmaker slashes odds on pope’s resignation
Ireland’s biggest bookmaker, which has branches in Britain as well as Catholic Ireland, said it had cut the odds from 12 to 1 to 3 to 1 following a “cascade of bets.”
The bookie also said it had cut the odds on Nigerian Cardinal Francis Arinze becoming the next pontiff to 4 to 1, after what it called a significant gamble. The firm said Arinze was now the clear favourite.
“The dark clouds of clerical abuse scandals show no sign of abating and recent reports from Germany are surely a little too close to home for the pope,” the company said in a statement.
Read the whole report here and tell us what you think. Would Benedict ever resign? Does Arinze still have a chance?