Paying out on the Pope An Irish bookmaker accepted more than a quarter-million dollars worth of bets on the identity of the new pope. Now it's time to pay out. According to the bookmaker, the odds on Cardinal Joseph Ratzinger were running at 6-to-1 last weekend. One bettor put down well over $1,000 at those odds and collected $7,300. Another made $1,000 by correctly guessing that the new pope would call himself Benedict.