Punters are betting a princely sum on the royal baby’s name

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Punters are betting a princely sum on the royal baby’s name
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Warning: the masses predicted that the newborn would be a girl

FOR AN event shrouded in secrecy, yesterday’s royal birth has had gamblers reaching for their pockets. Ever since the Duke and Duchess of Sussex announced in October 2018 that they were expecting a child “in the spring”, they have shared scant information about their due date, let alone the expected sex of their first child.

So far, the public’s predictive powers have been weak. On Saturday two major bookmakers were giving the chances of a baby girl a 75% likelihood, and just 35% for a boy. . One gambling firm reports a healthy profit on bets that Ms Markle would give birth in April. And a late flurry of wagers over the weekend on the child’s name saw Diana usurped as the leading contender in favour of Ivy, which at one point had a probability of 41%—a huge prediction given that the sex had not yet been revealed.

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