Kate Middleton to borrow Queen Elizabeth's wedding tiara?

Queen Elizabeth II on her wedding day, Nov. 20, 1947.

/ AP

(CBS) Kate Middleton may wear the same tiara that Queen Elizabeth II wore for her own wedding as her "something borrowed" when she ties the knot to Prince William on Friday.

Speculation that Middleton will wear the Queen's diamond encrusted Russian Fringe tiara first began after a gambler placed a sizeable bet on the tiara as the chosen royal wedding headpiece.

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According to the UK's The Sun, a "well-spoken, middle-aged woman" tried to place a 6,000 pounds (about $9,886) bet on the tiara at a betting establishment in Ascot, Berkshire, but was denied by the manager who believed she had "insider information."

Her wager was later accepted at a nearby branch, where she reportedly obtained odds of 12-1.

If Middleton does end up wearing the tiara, the gambler stands to win 72,000 pounds (over $115,000).

"If the punt comes home, we'll lose a fortune," a spokesman at the branch told the newspaper. "This woman either has more money than sense, or she is very well informed."

The tiara, which is part of the Queen's personal gem collection, has been worn by handful of British royals, including Queen Victoria, Queen Mary and the Queen Mum.

It was also worn by Princess Anne when she wed Captain Mark Phillips in 1973.

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Royal wedding gowns

[YUCA2]

@sarahphillip - sorry, honey but you should go back to school and learn how to write before posting such nonsense. If the Queen of England wants her to use her Tiara, who are YOU to judge her decision. Kate is a wonderful, down to earth person, and she deserves to be treated like a Princess.

[mjb89]

Forty-four, many people care. If you don't, why are you posting on this story? Just go sit down somewhere and shut up.

[barbaram99]

She not royal yet has American kin as well.i would think the bride to be never asked to wear the crown that the Queen herself wore on her wedding day - maybe the Queen herself wish her to wear it.. We are talking about her granson HRH Willian. If the Queen wishes to title Kate after she has wed that is the Queen's business. I am American. Forgive me is that some fancy word for spouse.

[Forty-Four]

OH MY GOD!
who cares?

[sarahphillip]

SHE IS NOT A ROYAL HOUSE.SHE IS TO RECIEVE RING OF FLOWERS ON THE HEAD.SHE IS ONLY CONSORT TO WILLIAM NEVER ROYAL TITLE WITH WILLIAM.

[sarahphillip]

THERE IS NOWAY SHE IS IN RIGHT TO ASK TO HAVE USE OF THE QUEEN OF ENGLAND TIARA,SHE IS ONLY ALLOT HER OWN FAMILY'S LINE,SINCE SHE IS NOT A ROAL HOUSE THEN SHE IS TO RECIEVE RING OF FLOWERS ON THE HEAD.SHE IS ONLY CONSORT TO WILLIAM NEVER ROYAL TITLE WITH WILLIAM.