Following the death of Pope Francis, the Catholic Church has chosen a date to elect its new leader, in a process virtually unchanged in 800 years.The system is known as the ‘Papal Conclave,’ and is a democratic process with a strong emphasis on working through multiple rounds of voting until a clear consensus emerges.

From cash bets on websites to online games and casual wagers among friends, experts and participants say the popularity of gambling and guessing on the future of the papacy is increasing worldwide.