December 5

In March of 1591, he issued his first papal bull, Cogit nos, in which he forbade under pain of excommunication ‘all betting concerning the election of the Pope, the duration of a pontificate, or the creation of new cardinals.’ Gregory XIV died on October 16, 1591 making his pontificate one of the shorter ones in church history. There are no records extant indicating the odds on his dying on that day or what the payoff was.
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