Will Prince Harry tie the knot next year? Speculation that Harry might ask girlfriend Cressida Bonas to marry him next year has increased after a report by The Telegraph on Sunday, Oct. 6.

According to PEOPLE, the betting odds have also increased as bookmakers reflect about the increasing talk of the next royal wedding. In fact, the odds are 8 to 11 that the couple will be engaged by the end of 2013. There were even bets that there would be a wedding by the end of 2015.
"The more the couple are pictured together, the more punters are parting ways with their cash over Prince Harry popping the question this year," Jessica Bridge of the online betting and gaming organization said.

The Telegraph also quoted a friend of Bonas's who said the 24-year-old was "going to marry Harry."

The anonymous friend added that Prince Harry, who is known for his playful character, was feeling that the time is right to finally settle down. "Harry never stops talking about marriage and children, and she has now got used to the idea. The wedding is likely to take place next year."

The rumors about the engagement and wedding follows back to reports last week. The loving couple was seen in London at the theater as well as a showbiz event in order to promote the new album of James Blunt.

The 29-year-old prince has been representing his grandmother Queen Elizabeth at a review of the fleet in Australia. He is also scheduled to host a bash for his charity "Sentebale" in Dubai on Monday evening, Oct. 14.

A spokesman at his office at Kensington Palace had no comment.