Meghan Markle and Prince Harry Introduce Royal Baby, Reveal Name

UPDATE at 8:45am PT: The family revealed they named the baby Archie Harrison Mountbatten-Windsor, sharing an additional photo of Harry, Meghan and the boy with Queen Elizabeth, Prince Philip and Markle's mother, Doria Ragland, on Instagram. Original story below photo.

After days of anticipation, Meghan Markle and Prince Harry have revealed their new royal baby to the world, but we're going to have to wait a bit longer for his name.

Nevertheless, the Duchess of Sussex were all smiles as they presented their son to reporters in St George's Hall at Windsor Castle. When asked how it was going being a new mom, Meghan said, "It's magic, it's pretty amazing. I have the two best guys in the world so I'm really happy."

Meghan said of the royal baby, "He has the sweetest temperament. He's really calm."

"I wonder where he gets that from," Prince Harry replied as they both laughed.

The couple says they will be bringing the baby to meet the Queen and the Duke of Edinburgh this afternoon. There is no word on when they might decide on a name, or choose to reveal it to the world.

The royal baby is now seventh in line for the throne, but is not expected to ever accede to it. And while we don't know his official name yet, he will always informally be known as "Baby Sussex," a nickname bestowed upon him by fans and embraced by the royal couple.

As the United Kingdom and the world await the reveal of the child's name, oddsmakers were placing odds on what name the couple might choose for their son. They remain uncertain if the couple would go with a traditional name from the royal family or surprise everyone with a bold choice.

The favorite according to William Hill, an online betting and odds company based in the UK, was Spencer at 4:1 odds, per the Telegraph. Spencer was the maiden name of Harry's mother, Princess Diana.

Other top picks include Alexander and James at 5:1 and Arthur and Philip at 6:1. Rounding out the top ten are Albert, Theodore, Gregory, Oliver and Grey.

Another factor in the name choice, according to royal experts, is the fact that the new baby is considered highly unlikely to ever assume the crown. This gives the couple a little more flexibility with names as the family favors traditional names within the line of succession.

A beaming Prince Harry originally announced the birth of their son during the early hours on Monday.

In a post accompanying the announcement on the royal couple's official Instagram page, it was revealed that "Baby Sussex" weighed 7 lbs. and 3 oz upon his birth, which came just shy of 12 months after the couple were wed in an elaborate ceremony.

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