People love royalty. You may have your own opinions about it, but it is undeniable that the British Royal Family are exceedingly popular amongst generations old and young. The sense of grandeur that comes with being ‘a royal’ is intriguing to millions around the world. How does it feel to be a King or Queen? To have every man, woman and child know your name? To be a cultural icon across the world? Only few will ever know, and marrying into such a family is somewhat of a fairytale - for most.
The British Royal Family, on a normal day, are the subject of the media’s attention, and as such, a Royal Wedding is always a circus. When Prince William married Kate Middleton in 2011 over 36.7 million individuals tuned into their TVs to watch, while 72 million took in the wedding on YouTube live streams. Royal Wedding specials betting has become an absolute phenomenon, and the bookies take in millions of pounds in bets as a result.
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When Royal Wedding betting it’s important to understand the odds. Even though many Royal Wedding bets are just a bit of fun, it’s still crucial to understand implied probability and how it can affect the outcome of your stake. To calculate implied probability from decimal odds the equation runs like this:
(1 / decimal odds) * 100 = implied probability
Let’s use the example of the May 2018 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%
Understanding implied probability is crucially important for a long-term betting strategy. Winning a bet on a Royal Wedding is no different to any other event or sports - do some research, consider the implied probability that you derive from the bookies' odds, and you might come out on top!
Royal Wedding Best Bets
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.
Where to Bet on a Royal Wedding
Online | You’ll be able to place your wagers on the Royal Wedding at top online bookmakers right up until the day itself. This is by far the easiest way to bet on a Royal Wedding. You can bet online on mobile as well as desktop.
By Phone | It will be a requirement that you have an account with your bookmaker if you want to place a bet by phone. You will be able to place the majority of bets available online over the phone too!
In a Bookmakers | Head down to a betting shop on the day of the Royal Wedding to find out what all the fuss is about in person. Grab a betting slip, jot down your 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 bet works out.
Most Recent Royal Wedding
Prince Harry married Meghan Markle, an American actress, on May 19th 2018. This was the first royal wedding since William and Kate’s famous nuptials in 2011. The pair got engaged on November 27th 2017.
The best online bookmakers offered bets on everything from the designer of the dress to the type of haircut Prince William sported for the occasion. The event, similar to the 2011 wedding, was broadcast to millions on live television and streamed on YouTube for those without TV access.
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