Bookies have reported a heavy surge in betting on British royals, Kate Middleton and Prince William having a baby in 2013, particularly so, after the young couple have been seen under the public glare during the two weeks of Olympics at London this year.
Following the massive high-stakes bets this week on Duchess Kate having a baby next year; Paddy Power reported that it has slashed its odds on Thursday, Aug 09, 2012. The bookmakers chipped off their odds from 4/5 to 1/4 after many three-figure bets, and a bet of £1,000, were placed on Kate and Wills having their first baby in 2013.
“Our Royal Baby betting had gone relatively quiet over the past couple of months but this week has exploded back into action,” informed a representative for Paddy Power. The spokesman went on to add: “When punters are willing to place large bets at these odds it’s usually based on more than speculation. Let’s hope so!”
The surge in betting is understood to be due to Kate and Wills being in the limelight during the Olympic Games. With photographs of the couple splashed daily in websites as also in newspapers, as also some rare displays of public hugging, the punters seem to be cashing in on the couple’s romance in the couple of weeks.
Moreover, Prince William is currently on a well deserved holiday from his tedious RAF duties. Also the Duke jointly with Kate Middleton is carrying out responsibilities as Team GB ambassadors during the London Olympics. They seem to be enjoying each others company and having the time of their lives at the games.
Along-with trimming the odds, the bookies are also placing odds of 50/1 that Kate and Wills will be having twins and 500/1 they will be having triplets. Meanwhile, the preferred names for Kate and Wills first child are Frances at 7-1 and John, Victoria and Mary at 8-1. The name of Prince William’s mother - Diana is also well-liked with punters who are offering odds of 9-1.