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Bookies Predict Meghan Markle and Prince Harry Will Name Their Baby Girl After This Royal Family Member

Will Meghan Markle and Prince Harry name their baby girl after Harry's grandfather?

Following the death of Prince Philip last month, U.K. gambling site Ladbrokes has seen Philippa grow as a popular prediction for Meghan and Harry's daughter. They have slashed the betting odds on the name to 3/1.

"The support for baby Philippa is showing no signs of slowing down, and we've been forced to trim the odds again that it's the name for Harry and Meghan's daughter," said Jessica O'Reilly of Ladbrokes.

If they did pay tribute to Prince Philip in their second child's name, they wouldn't be alone. Harry's cousins Princess Eugenie and Zara Tindall both paid tribute to their grandfather just before his death by giving their newborn sons the middle name Philip.

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RELATED: Meghan Markle Talks About Hopes for Her Baby Girl on the Way: We 'Are Thrilled'

Other top name predictions also honor members of the royal family. Diana, after Harry's late mother Princess Diana, and Elizabeth, after Harry's grandmother the Queen, are near the top of the leaderboard at 5/1 and 10/1, respectively.

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Allegra (10/1), Alexandria (12/1), Grace (16/1), Emma (16/1), Rose (16/1), Alice (16/1) and Victoria (16/1) are other favorites.

DANIEL LEAL-OLIVAS/POOL/AFP via Getty Meghan Markle and Prince Harry

When Meghan, 39, and Prince Harry, 36, welcomed their first child in 2019, they chose a moniker that was not on the betting companies' radars, naming their son Archie.

The couple announced their pregnancy news on Valentine's Day with a stunning black-and-white photo that was taken remotely via iPad by their friend and longtime photographer, Misan Harriman. A smiling (and barefoot!) Harry looks lovingly at Meghan, who cradles her baby bump as she rests in his lap.

During their interview with Oprah Winfrey, which aired in March, they revealed that their second child was a girl.

"To have a boy then a girl — what more can you ask for?" Harry said.

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Prince Harry added of his feelings upon learning the baby is a girl, "Grateful, having any child, any one or a two would have been amazing, but to have a boy and then a girl . . . now we've got our family and we've got four of us."

Karwai Tang/WireImage Prince Harry and Meghan Markle at the 2019 Endeavour Fund Awards

The couple's Archewell Foundation announced a multi-year global partnership with Procter & Gamble on Tuesday.

"Based on shared values, the partnership will focus on gender equality, more inclusive online spaces, and resilience and impact through sport," according to the announcement. "It will build on joint aspirations, most recently demonstrated by our work together in support of Global Citizen's VAX LIVE: The Concert to Reunite the World, an event that inspired vaccine confidence worldwide and mobilized more than $300 million in the push for greater global access to COVID-19 vaccines."

When she was 11 years old, Meghan wrote to Procter & Gamble after seeing an advertisement for Ivory dishwashing soap that declared, "Women all over America are fighting greasy pots and pans." The company ended up changing their slogan from "women all over America" to "people all over America."

Watch: Who Is Prince Harry?