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Betting on the royal baby

London (AP) - Bookies are having a banner day as thousands of Britons place bets on the name of the child that will be born to Prince William and his wife, Kate.
Ladbrokes took 50,000 bets in the hours after the Duchess of Cambridge went into labor Monday. Company spokesman Alex Donohue said the public has rushed to put small amounts of money - such as a pound - on the soon-to- be-born royal infant's name because they "want to be involved."
"Never underestimate the British public's obsession with the royal family," he said.
So far, the money is on Alexandra for a girl and James for a boy.
The public may have to wait, though. It is not uncommon for the palace to take its time to choose just the right name.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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