As Prince Willam and Kate Middleton await the birth of their first child next month, some people are placing bets on things like the baby's name, arrival date, size and more random things like whether or not it will have red hair like Uncle Prince Harry.

CNN Money reports that thousands of dollars are being spent with the most money expected to be wagered on the baby's name. The majority of those betting think the baby will be a girl and they are betting "Alexandra" will be the name, followed by "Diana" and "Elizabeth."

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