In the 16th century a new one of these was elected by Venetians who were picked by lottery
These are located in the shallow Venetian Lagoon which 
stretches along the .... New ports were built, including those at Malamocco and 
Torcello in the... [DOC] [TLE] Historical Election Betting Markets: An International Perspective ... [PAR] political outcomes of the time: papal selection in 16th century Italy, the timing and 
... changes in the legality of election betting, the New York markets moved from 
pool- ... suggests that the Genoese lottery, one of the first modern numbers 
games, ... 9 Odds were offered not only on which candidate among the papabile.