Royal baby bettors score with GeorgeJuly 25, 2013 10:15 AM
George was the odds-on favourite if the royal baby was a boy. (Matt Dunham/Associated Press)
British bookies made a killing on some royal baby bets, but they lost big time on the name George.
Bookmaker William Hill took 45,000 bets on what the new royal would be called.
The 2-1 favourite was George, and that ended up being the new Prince of Cambridge's first name.
A spokesman for the company said: "We are paying out a six-figure sum to winning punters but the royal baby betting has been so popular that we have enough to get in a bottle of bubbly to wet the baby's head."
Bookies made money on the sex of the baby - a majority of punters bet the baby would be a girl - and on the date of the birth. Prince George arrived several days late.
In all, royal baby bets worth $246 million were placed.
There was "an unprecedented appetite," according to one bookie, "the biggest take ever outside sporting events."
Betting has already started on when the next little Cambridge will arrive.
One bookmaker is offering even money that Kate gives birth in 2015, while it's 6-4 that she has a baby next year.