Bookmaker Ladbrokes have offered odds of 66-1 for the Swedish group to reform at the royal wedding on April 29.
Spokesman Alex Donohoe told the Daily Star: "The return of ABBA would be sensational news for fans, unfortunately for us it would cost us a lot of money, money, money."
Other acts slated for a possible performance include Sir Paul McCartney and Sir Elton John.
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