People are evidently hedging their bets, looking to the future but not yet prepared to give up the past. Synonyms and related words +-To make plans or arrangements. plan. arrange. ... This is the British English definition of hedge your bets. To avoid committing oneself; to leave a means of retreat open. What's the origin of the phrase 'Hedge your bets'? Hedge has been used as a verb in English since at least the 16th century, with the meaning of 'equivocate; avoid commitment'. Simply stated, hedge betting is placing a wager on the opposite side of an existing bet. Played regularly by some, and rarely by others, the value of hedge bets differs from player to player ... Hedging a bet is a strategy in which a bettor will place a second wager against the original bet when they’re unsure that the outcome of a wager will be a win. Even if a bettor thinks they might win, they could decide to hedge a bet just to be safe and guarantee they walk away as a winner. hedge your bets definition: 1. to protect yourself against loss by supporting more than one possible result or both sides in a…. Learn more. Cambridge Dictionary +Plus Lessen one's chance of loss by counterbalancing it with other bets, investments, or the like. For example, I'm hedging my bets by putting some of my money in bonds in case there's another drop in the stock market . This term transfers hedge, in the sense of "a barrier," to a means of protection against loss. hedge one's bets. Fig. to reduce one's loss on a bet or on an investment by counterbalancing the loss in some way. Bob bet Ann that the plane would be late. He usually hedges his bets. This time he called the airline and asked about the plane before he made the bet. Origin of Hedge Your Bets. The word hedge means to avoid making a definitive commitment. It comes from the noun hedge, which means a fence made of shrubbery. The hedge that forms a fence offers protection and security, much like hedging a bet. Hedge your bets first appeared in the late-1600s. By now you know the reasons why people hedge, but here are some specific scenarios that describe the process in more detail. Futures Bets. A popular means for hedging bets is through futures odds. In most sports, one can place a futures bet on a team or a player to win their respective championship. Idiom Definition - to hedge your bets - to do something in a situation, so that if the situation fails or has a bad outcome, you will not fail or suffer as much as if you had not hedged your bets Home
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