Betting on the Queen's Hat

In the UK they bet on anything. At the last Ascot they were betting on the colour of the Queen's Hat at the main event.

See
http://www.bettingzone.co.uk/story_get.cgi?STORY_NAME=betting/07/06/20/manual_150239.html

They have already given up on the US election and paid out on Obama already!
http://www.bettingzone.co.uk/novelty/betting/story_get.cgi?STORY_NAME=betting/08/10/16/manual_095813.html