As the world’s press hungrily awaits a glimpse of the Duke and Duchess of Cambridge’s first child, yesterday’s news that the new heir to the throne is a boy has triggered a flurry of betting activity on the young prince’s name.

Duke and Duchess of Cambridge

All the main online bookmakers appear to favour traditional names, with George and James the clear favourites at 2-1 and around 3-1 respectively across Sky Bet, Betfred and Ladbrokes. Other likely candidates are Alexander, Louis, Henry and Richard.

Outside the top ten comes a range of less common names for the future king. Although Charles is a surprising long shot at 16-1 with Betfred, even that looks a much safer bet than Andrew, John and William – all at 20-1 or longer.

If punters think William and Kate may be influenced by names in popular culture, then there’s Boris (125-1 with Paddy Power), Rafa (500-1, Ladbrokes) and even Brooklyn (1,000-1, StanJames).

Or perhaps this is the moment that the royal couple will reveal their devotion to the current manager of Arsenal FC (Arsene, 500-1) or pay homage to the aphrodisiac effects of Gangnam Style by selecting the name of creator Psy, a steal at 5,000-1.

The InterGame team names fare a little better. David (Snook) is 25-1, Simon (Liddle) is a rather long 100-1 (you’ll get better odds on Digby) while Phil (Clegg) leads the field, as he so often does, on 12-1 – the eighth most likely name, according to the bookies.