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CAMBRIDGE, UNITED KINGDOM - NOVEMBER 28: Catherine, Duchess of Cambridge and Prince William, Duke of Cambridge smile and wave to the crowds from the balcony of Cambridge Guildhall as they pay an official visit to Cambridge on November 28, 2012 in Cambridge, England. (Photo by Chris Jackson/Getty Images) (Getty Images)

Why It's Good To Be A Bookie, In 1 Screengrab

Dec 3, 2012

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Kate Middleton is pregnant. This is good news for British bookie William Hill, which is taking bets on the gender of the royal baby.

This is basically the same as betting on a coinflip. But, as this screengrab from William Hill's site shows, gamblers only stand to win 10 for 11 they bet.

The other pound goes to the bookie.

HT: @charlesforelle

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