to hedge one's bets
- idiom
- Informal
- As the election approached, the candidate decided to hedge his bets by appealing to both conservative and liberal voters.
Examples
-
In fact, allowing the ICC to mature independently while formally remaining outside the treaty structure is one good way for the United States to hedge its bets while maintaining NATO unity and exercising military leadership.
Academic text (1998) -
For various automakers, they're hedging their bets and working on the possibility of supporting multiple charging standards.
Blog text (11) -
Why not simply hedge one's bets with what is better known?
Academic text (2013) -
"I wanted to hedge my bets.
Fiction book (1998) -
Smith and Gee tried to hedge their bets a little based on what happened in the past.
Blog text (27) -
However, the United States has been hedging its bets on China.
Blog text (29) -
I wouldn't hedge my bets on that horse if I were you.
Blog text (5) -
Like any good gambler, Fields hedged his bets.
Academic text (2002) -
Like all shrewd politicians, he, too, had been hedging his bets.
Fiction book (1998) -
Militarily, the United States is hedging its bets with the most extensive realignment of U.S. power in half a century.
Academic text (2004)
Synonyms
Choose a careful option to avoid risks
To protect against financial loss by taking opposite investments
To protect yourself from losing money by choosing different plans or investments
Antonyms
How Protected
Surface Forms
Morphology
If a learner knows 'hedge' as taking actions to reduce risk and 'bet' as a wager or choice, they can infer that 'hedge one's bets' means protecting oneself against loss by spreading or limiting risk. However, the expression relies on a metaphorical extension (protecting "bets" rather than literal bets) and is somewhat idiomatic in broader uses, so the relation is not fully transparent.
Etymology
Hedge one's bets comes from the idea of a hedge as a small protective fence and from gambling, where people make extra bets on different outcomes to limit their loss. So, it means 'to protect yourself by supporting more than one possibility'.