Royal couple Meghan Markle and Prince Harry are expecting a baby anytime soon. Unsurprisingly, the royal baby has already been making headlines for a number of reasons, but surprisingly enough the stakes on the royal baby this time are really high in the gambling industry.
Sportsbooks across the UK have taken millions in wagers on odds of the Royal baby being a baby boy or a girl.
Though one may wonder how the punters and bookies are working it out, as the odds of having a baby of either gender is almost the same, it is the gossip market that is driving this entire royal baby betting saga.
Celebrity Gossip Dominates The Trends
Any news, indicating the aspects of the new addition to the royal family is being carefully monitored and studied by the oddsmakers.
For example, earlier this month, when Serena Williams in her recent interview with E! News, talked of one of her friends being pregnant without mentioning Meghan’s name and addressed the baby as she, the celebrity gossip pundits interpreted it as the royal baby to be a girl.
Respecting the gossip-trend, the betting industry responded by revising the odds.
While betting on the royal baby may not be as high as in a major sports event, it is still significant. Reports suggest that over 10 million has already been wagered on the royal baby.
You Can’t Get Bored Betting
Also, like any other sports event, for the royal baby betting enthusiasts who have been trying their luck for over a month, the sportsbooks have multiple betting options. From the royal baby’s name to the day on which the baby would be born – there’s a ticket for almost everything you can think of.
The odds for baby’s name seems to be a favorite amongst the Royals’ fans. Diana (3/1) tops the chart. Following the list are Grace (7/1), Alice (10/1), Arthur (12/1) and Victoria (14/1). Top picks for a boy are Arthur, Albert, and Philip.
Earlier many had predicted that the royal baby would be born on the Easter Sunday and odds were high (8/1).