The world is waiting on pins and needles for word on Prince William and Kate Middleton welcoming their second child.

Care to make it interesting?

Paddy Power bookmakers is one of many companies taking bets on the name. Alice is the favorite right now, climbing from a 33-1 longshot to the current 6-4 odds. For a boy, James is the name to beat.

Paddy Power is hardly the only company to join the royal baby frenzy, either. Ladbrokes is taking bets on everything from the name to date of birth to weight.

The baby will join big brother James and become the fourth in line to the throne.

Kate is slated to deliver the baby at St. Mary's Hospital in London, which is where she gave birth to George two years ago.

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