LONDON (CBS) - The news of a royal pregnancy is like a gift from heaven for Britain's tabloids. There's already a lot of talk about what to call this future sovereign.
Britain's infamous tabloids are having a field day with the news that Prince William and Catherine are expecting a baby. Of course there is a lot of speculation as to what they will name the child who could one day be King or Queen.
The biggest sport in London right now might be betting on a birth name. Prince William and Catherine may not have spent a single minute thinking about it but London's oddsmakers have. Rory Scott, bookmaker with Paddy Power says, "The name games have begun the betting bonanza has certainly kicked off. We're seeing money right across the board a whole plethora of names from Brittany at 500 to one or Chardonnay at 250 to one."
Mary and Victoria are leading the girl's names with 8/1 odds while John, Charles, and George are the best bets for boys. Scott says, "I think this is going to be good news for the country. With no World Cup or Olympics to look forward to this is going to be our national sport for the next 8 or so months."
William and Catherine's son or daughter will be the future king or queen so that requires a moniker fitting of a monarch. Royal expert Kate Williams says, "The royal family tend to use pretty traditional names, I think we'll see Elizabeth in there somewhere for a girl, probably William and George somewhere there for a boy."
Royals like to keep it in the family. Queen Elizabeth the Second was named Elizabeth Alexandra Mary after her mother Queen Elizabeth, her great grandmother Queen Alexandra and her grandmother Queen Mary. Prince William is William Arthur Philip Louis, named in part after another Prince William, his grandfather Philip and Philip's uncle Louis.
Royal names tend to resemble a royal flush. The late Princess Diana famously messed up her future husband's four names on their wedding day in 1981.
There are some hoping a baby girl would be named Diana. The baby bookies give that name 9 to 1 odds. With far less of a chance at 20 to 1 is Camilla. Name expert Laura Wattenberg says, "Diana is obviously a loaded name for that family. I would be surprised to see them chose it for the first name but you get a lot of middle names in that family so that gives them some wiggle room."
With all the fuss about the new baby's first name, perhaps we should spend more time wondering why the royals never use their last name, Mountbatten-Windsor.