Royal Engagement Betting: Time for Harry and Meghan to Tie the Knot?
If you didn’t already know by now, you can bet on pretty much anything these days and the novelty markets have never been busier. The Royal Family in the UK have always been a focus for the odds setters and we’ve already seen lots of options for betting on the new Royal Baby – William and Kate’s third child – which is due early in 2018.
While those markets continue to take money, attention now turns to Wills’ younger brother. A romance between Prince Harry and the actress Meghan Markle has suddenly become far more public and as a result, there are some interesting options in terms of Royal Engagement betting.
Place Your Bets
The question amongst most royal observers is not if Harry and Meghan will get engaged but when. Therefore, William Hill are currently offering 16/1 on whether they will make the announcement before the end of September. This will coincide with the end of the Invictus Games – a tournament where they have been much more open as a couple so it’s a good option for many at a long price.
Moving slightly further ahead, Hills are also quoting 6/4 on the official announcement coming at some point in 2017 while the odds on Harry and Meghan getting engaged by the end of 2018 shorten quite considerably to 1/3.
Obviously if you want to get on that bet before the Invictus Games comes to an end then you will need to act quickly. Not only will punters have lost out if the announcement does come by the end of the month but Hill’s remaining prices for 2017 and 2018 will shorten further.
Those are the prices and options for one bookmaker but who else is getting involved in this niche market?
When you look around the sportsbooks there aren’t too many options here but we can usually rely on Paddy Power to take notice for a Royal occasion and they have a set of odds on a market known as Prince Harry Specials.
These focus less on any engagement and on the subsequent Royal Wedding so once again, Paddy are among those who feel that Harry and Meghan are a ‘done deal’. You can therefore get odds of 1/20 on the wedding taking place in the UK or an increased 9/1 on the big day being shifted to Markle’s native Canada.
Another punt coming in at 9/1 is on the wedding taking place in 2017. This makes sense in a way because it’s not common for the higher ranking members of the Royal Family to have short engagements. After all, there is all the merchandise to organise and that will need time!
As this is Paddy Power there are some bets that aren’t quite so serious. Harry to be cast in a Cameo in the series Suits is quoted at 40/1 or, if you want to be more specific, Harry to be cast as Mike Ross goes out to 300/1.
Elsewhere things are relatively quiet in terms of this market. Coral actually suspended any betting on Harry and Meghan announcing their engagement back in March 2017 so once again this is just a question of when it happens.
Once the announcement is made, it is quite possible that we will see more markets come in for the wedding and more bookmakers getting involved. Dates and timing is the question here so this can run and run.
For now, if you are a royal betting enthusiast there are some good prices to be found from those bookies who have declared markets on the next Royal Engagement.