On the birth of the newest royal baby it emerged that some people lost a lot of money because he was late.
(The Duchess was around 41 weeks pregnant when she actually gave birth - a week overdue. The British press kindly labelled her waity Katy (just what an expectant mum wants to hear).
Many people in the UK who had had a punt on the baby arriving on time lost their bets, estimated at over £100,000, and British bookmakers reported a huge surge in royalty-related bets when the palace announced she had gone into labour. They allegedly took over £1.2 million from people around the world, who were wagering on everything from the baby's sex, weight, name and even his (yes it was a boy) future career, which is a bit of a daft bet when you think about it.)
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