Bookmakers in the UK were probably salivating when the news came out that Prince William and Kate Middleton were going to have another baby. The news was followed by online bookmakers offering odds on the Royal baby’s birth. And currently there are odds up for everything from the sex and name to the date and weight of the latest Royal.
Royal baby betting is no joke. UK books like Ladbrokes and William Hill have had odds up for months and Irish bookmaker Paddy Power and others have even go so far as to put “Royal Baby Betting” on their main wagering menu. Rumors abound that Kate is expected to go into labor any day now, so odds have been cut dramatically on the Royal baby being born over the weekend. UK bookmakers have slashed the number down to less than 10-1 for any day between now and Monday, with Friday being the favorite at 3-1 (+300).
The couple haven’t found out if they’re having a boy or girl but an overwhelming number of bets have been placed on a girl. In the “Name of Will & Kate’s Second Child” prop bet, Charlotte was the early betting favorite at 4/1, as rumors swirled that Kate was going to name their first baby girl after the middle name of her sister, Pippa. But, bettors now think she will be called Alice and have bet that name down to anywhere from 5/4 at Bet365 to 2-1 at 888 and 32Red. Charlotte is still the second choice of bettors at anywhere from 4-1 to 6-1.
Bovada.lv is the only U.S.facing sportsbook we could find that lists Royal baby betting odds. They have female listed right now at 1-2 (-200) and the favored name of Alice sits at 9/5 (-180). Other popular girls’ names are Charlotte at 6/1, Victoria at 10/1, Diana (for obvious reasons) 12/1 and Alexandra at 14/1. Arthur is the top choice for a boy’s name and is currently listed at 8/1 and Phillip is listed next at 20/1.
UK bookmakers saw millions in action when the couple had their first child in 2013. Bookies said at that time that the birth of the first child to William and Kate was the biggest novelty (non-sporting) market of all time. Back then Alexandra (7/4), Charlotte (5/1) and James (8/1) topped the odds but most smaller bets came in on Diana. Royal Baby gamblers got a surprise when the birth was announced: an 8-pound, 6-ounce baby boy. But they did nail the name for a boy as George was the favorite “from day one” and closed at 2-1.
The good thing about Royal baby betting is that there are odds offered right up until the birth. When George was born William Hill reported over £50,000 worth of bets on the name after Kate went into labor!
Bet on the birth of the Royal Baby at Bovada, who has provided the odds for the child’s name below.
Royal Baby 2 – What will Will and Kate name their 2nd baby?