Betting on the lives of the British Royal Family is a tradition as old as the collective themselves. From what hat the Queen will wear at Royal Ascot, to what name the newest baby will get, or even who will be the next Monarch, there can be odds on any royal event.
Right now, the world is awaiting the first child of Prince Harry and his wife Meghan Markle, so Royal specials betting is focussed on what that child will be called, what gender it will have, and when it will be born.
There are odds on all sorts of bets for the Royal Baby, but the biggest betting market is the Royal Baby name. To find the best odds on the Royal baby's name, check out our top specials betting sites.
Royal betting is big business for specials bookmakers, the most regular market being the Queen's Hat at Royal Ascot, but when there is a Royal Wedding or a Royal Baby on the way, you can bet on just about anything to do with the Royal Family.
We've put together a guide below on some of the most popular Royal Specials betting markets, where to find them and how to bet on them.
Online | You’ll be able to place your wagers on anything to do with the Royal Family at all the top online bookmakers. This is by far the easiest way to bet on Royal Specials.
You can bet online on mobile as well as on desktop, and many Royal Specials betting markets will also have special sign-up offers, like free bets. The sites that you can sign up to will depend on your location as each province has its own set of laws surrounding sports betting. In some cases your only option may be to sign up with an offshore operator. Some provinces are beginning to change their laws. For example, Ontario Sports betting has now been legalised and there are a whole host of new operators available to sign up with. So, be sure to check what your options are in advance of signing up with any betting site.
In a Bookmakers | Head down to a betting shop. Grab a betting slip, jot down your Royal bet and give it to the cashier. They will give you a receipt, which you will need to take back to claim your winnings if your Royal prediction works out.
The best Royal betting tip we can offer is to keep on top of the news; there's loads of Royal feeds online, and all the big entertainment media will have the latest announcements posted as soon as they drop.
You rarely get all the information in one go, so each announcement can be a clue to another, like when news breaks of a Royal engagement, you can then try to use that to work out when the wedding will take place and when a baby will arrive.
It also pays to be up to date on Royal tradition. For example, there's a list of names that will generally be adhered to for a Royal baby, especially ones with a good chance of making the throne, and there's rarely a best man or maid of honour that is not a sibling, or very close relation.
So that's the two top Royal betting tips; keep abreast of news and pick up some Royal tradition knowledge. That should go a long way to giving you the upper hand on the Royal Specials odds.
Betting on Royal Babies really took off with the birth of Prince William and Kate Middleton's first child Prince George.
People were betting on the baby's name, gender, weight, hair colour, future career, and everything in between, with odds available on just about anything, and increasingly popular as the birth draws near.
This kind of Royal betting market actually becomes part of the Royal Wedding betting as people start looking for odds on when the latest Royal couple will announce their first pregnancy.
The Queen rolls in to Royal Ascot on each of the world-famous horse racing meeting's six days, in a horse and carriage procession full of dignitaries, Royals, and celebrities.
It is the most anticipated arrival up the Berkshire turf each day as punters wait for that first glimpse of The Queen's latest outfit.
The hat is what makes the outfit, and thus, there are odds every day on what colour The Queen's hat will be. The Queen's hat colour betting is most popular for the opening day, but the odds turn in the bettor's favour after that, as she's highly unlikely to wear the same colour twice.
The Queen also wears hats to weddings, of course, so you can bet there will be Queen's hat colour betting available in the Royal Wedding betting markets too.
The British Royal Family, on a normal day, are the subject of the media’s attention, but a Royal Wedding is an absolute circus with millions tuning in for live television coverage.
When Prince William married Kate Middleton in 2011 over 36.7 million tuned into their TVs to watch, while 72 million took in the wedding on YouTube live streams.
Seven years later, when William's brother Harry married Meghan Markle, 50 million tuned in from the US and Britain alone, and 11.2 million streamed it live online.
This much in-depth coverage has made Royal Wedding specials betting an absolute phenomenon, the bookies taking in millions of bets as a result.
You can bet on everything from the best man, to the weather, to who will be at the wedding, what The Queen will wear, and who will design the bride's dress. Below is a list of some examples of what you might get odds on in the run-up to a Royal Wedding:
Who will design the dress? | The wedding dress is always the biggest point of speculation when it comes to Royal Wedding betting. This is a staple offered by top online bookmakers well in advance of the wedding day.
Who will be the best man? | The Royals like to keep it in the family for this one and so you should expect very short odds on another member of the family filling the position.
Will it rain on the wedding day? | Nobody wants it to rain on their wedding day! Considering that most Royal weddings take place in or around London this can be a difficult one to call. The UK in general has notoriously unpredictable weather.
Who will attend the wedding ceremony? | Expect the crème de la crème of royalty, politicians, actors and musicians to pack into the church for a royal wedding.
Who will perform at the wedding? | Prince William and Kate Middleton enlisted the help of Ellie Goulding to wow guests at their wedding reception at Buckingham Palace in 2011.
What do all these Royal betting odds mean? Well, all betting odds highlight the probability of an outcome. Even though many Royal Specials bets are just a bit of fun, it’s still a good idea to understand implied probability.
To find out what chance your Royal bet has of coming in, use this equation:
(1 / decimal odds) * 100 = implied probability
Let’s use the example of the May 2018 Royal wedding. If a bookmaker offers Prince William to be Prince Harry’s best man at 1.02 then the implied probability of this bet is 98%. This is calculated like this:
(1 / 1.02) * 100 = 98%
So the chance of Prince William being Prince Harry's best man was 98% - and it turned out that was a winning Royal bet as the brothers did team up for Harry's wedding, just as they had done at William's wedding to Kate Middleton in 2011.
Often your Royal Specials odds will be shown as a fraction - just use a handy fraction to decimal converter before checking out your bet's chances.
"A passionate sports betting expert and journalist with over 15 years spent in the gambling industry."