Royal Baby, Prince William, Kate Middleton, Princess Charlotte Elizabeth Diana, Royal Birth

No more guessing, no more speculating and certainly no more betting, because the Royal baby has officially – and finally – been named. Drum roll please… Introducing Princess Charlotte Elizabeth Diana born Saturday, May 2 and weighing a healthy 8 pounds, 3 ounces.

RELATED: Bets Are On: What Will The Royal Baby Be Named?

While Alice was a firm favourite among bookies, the Duke and Duchess opted to honour their immediate family and instead went with a feminine version of the baby’s grandfather, Charles, and also the middle name of Kate Middleton’s sister, Pippa. The name Charlotte is also of great significance to the Royal family with both a Queen and a Princess sharing the name, too. No Beyoncé or Sheryl here, sorry social media.

The new princess’ middle name – or one of – Elizabeth, is obviously a nod to her great-grandmother and the current Queen, however it’s also the middle name of her grandmother on Kate’s side, Carole Middleton. And last but certainly not least, Diana is a tribute to William’s late mother.

As for little Charlotte’s god parents, princesses Beatrice and Eugenie look to be favourites, while a report by the Telegraph suggests that David Beckham is in with a shot for god father after he attended the Royal wedding in 2011. According to the article the betting odds are 25-1 as an outsider. Who’d have thought?

Regardless, we’ve had enough speculating for one baby and think Kate and Will did great with naming their new bundle of joy. Welcome to the world Princess Charlotte Elizabeth Diana!

What do you think of the royal baby’s name?

Image via Daily Mail