Kate Middleton & Prince William's Third Child's Name Is Surprising Choice, Especially For Anyone Who Placed Bets

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It's here! It's here! After nine months of waiting, Kate Middleton gave birth to a precious little boy on April 23, and the new royal baby's name is Louis Arthur Charles. So sweet! So regal! So totally the next trending baby name for 2018! But it's actually a really surprising choice, too, especially if you look at the names that were expected and how in the past, those have ended up being the ones used.

On April 23 at 11:01 a.m, Middleton gave birth to Louis Arthur Charles, her third child with Prince William and now fifth in line to the throne. Louis was born at the Lindo Wing of St. Mary's Hospital in Paddington, London, which is exactly where William and Middleton's first two children, Prince George, age four, and Princess Charlotte, two, were born, as well. Kensington Palace announced Friday that their third child will be formally known as His Royal Highness Prince Louis of Cambridge.

While William, Kate, and the rest of the royal family are undoubtedly over the moon, some people might not be quite as excited to hear about the new baby's name — depending on what name they placed their bets on. According to Town & Country, people starting placing bets on potential names for the new royal tot almost immediately after Middleton's pregnancy was first announced back in September 2017.

"Royal baby betting is big business and when Prince George was born, we took over £1 million." Joe Crilly, a spokesperson for the UK betting site William Hill, told the Daily Mail. "Most of the names towards the top of the betting are ones which have been popular the last two times around and we expect they will be again."

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The Cut reported in March that, in terms of girls' names, "Alice" and "Mary" have long-been the front-runners. For boys' names, "Albert" and "Arthur" led the pack.

The reason? Apparently, as Jessica Bridge of Ladbrokes Betting Agency told Newshub, because the royal family likes to “regurgitate the same names every few generations" — which is why the top-ranking names likely sound somewhat familiar.

Express noted that "Alice" is a name that's near and dear to Prince Philip's heart, as it was the name of his mother, Princess Alice of Greece. "Alice" was also the name of one of Queen Victoria's children, and since Queen Elizabeth II is the great-great-granddaughter of Queen Victoria, "Alice" would kill two family birds with one stone.

"Will and Kate have been keen to pay tribute to both sides of the family, so I would love to see Alice, which is undergoing a resurgence in terms of being cool,” CNN royal commentator Victoria Arbiter told USA Today. ”And Prince Philip's mother was quite an extraordinary woman, so it would be a lovely tribute."

"Mary," Queen Elizabeth II's middle name, was also a front-runner, according to multiple sources. "Mary" had significance in Kate Middleton's family as well, as it was her great-great-grandmother's first name.

But, once it was announced that it was a boy, of course any new bets would have gone to those names. As far as boys' names go, according to Town & Country, "Philip" — Queen Elizabeth II's husband and the baby's great-grandfather — was a top pick, as was "Arthur" — one of William's middle names. And it turns out that young Prince Louis will share the middle name "Arthur" with his father. "Albert" was another top pick, but they didn't go with that either. "Louis", on the other hand, was not one of the top choices, which means a lot of people who placed bets might be very upset right now.

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In fact, with William and Kate's other children, names that were predicted ended up being their choices. When William and Kate's first child, George, was born, The Hollywood Reporter reported that at William Hill over $380K had been bet across different categories. "George" was the top pick, with "James" in second place.

With the royal couple's second child, Charlotte — a front-runner runner all along — one booker told Time that nearly 60 percent of the people who placed bets guessed correctly, resulting in the largest payout their company ever had.

So, yeah. Royal baby name betting is big business in the UK, and one that might not have worked out so well for many people when Prince Louis Arthur Charles' name was announced this morning.