hedge (one's) bets

(redirected from hedge their bets)

hedge (one's) bets

To take an action in order to offset a potential future loss. I'm not too confident that I'll get the lead in the play, so I'm hedging my bets by trying out for several roles.
See also: bet, hedge

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. John bought some stock and then bet Mary that the stock would go down in value in one year. He has hedged his bets perfectly. If the stock goes up, he sells it, pays off Mary, and still makes a profit. If it goes down, he reduces his loss by winning the bet he made with Mary.
See also: bet, hedge

hedge one's bets

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. [Second half of 1600s]
See also: bet, hedge

hedge your bets

COMMON If you hedge your bets, you are careful not to commit yourself to one thing, so that you do not make a mistake whichever way the situation develops. The Rev James Reeves is hedging his bets on whether Clark is the leader the Church needs in troubled times. Political forecasters are hedging their bets about the likely outcome of this Saturday's Louisiana governor's race. Note: When bookmakers accept a large bet, they often try to protect themselves against heavy losses by laying bets with other bookmakers. This practice is called `hedging'.
See also: bet, hedge

hedge your bets

try to minimize the risk of being wrong or incurring loss by pursuing two courses of action at the same time.
Hedging your financial liabilities, especially bets or speculative investments, meant limiting your potential losses by also putting money on another outcome, in such a way as to balance, more or less, any potential loss on the initial transaction. In betting terms, this specifically means putting money on more than one runner in a race.
1992 Great Lakes Fisherman All three methods have their proponents, and most anglers are wise to hedge their bets by using more than one method.
See also: bet, hedge

ˌhedge your ˈbets

(informal) try to reduce the risk of losing your money, being wrong about something, etc. by choosing two or more courses of action at the same time: She’s invested her money in two quite different businesses, so she’s hedging her bets.
This idiom refers to putting money on more than one horse in a race to increase your chances of winning money.
See also: bet, hedge
References in periodicals archive ?
Alex Howard-Keyes, an investment banking partner at executive headhunting firm Alderbrooke, said that while things appear to have "settled down" in the months following the EU referendum, certain firms are looking to hedge their bets by relocating some staff to the Continent.
We can't tempt anyone into backing both teams to find the net (11-10) but backers have been keen to hedge their bets a touch so we've trimmed Martin O'Neill's troops from 2-5 to 1-3 to either win or draw.
Research among 1,000 employers by the Chartered Institute of Personnel and Development showed that the worst may now be over, but uncertainty about how fast the economy will improve is acting to moderate pay forecasts and leading many employers to hedge their bets on the outcome of the final decision.
Research among 1,000 employers by the Chartered Institute of Personnel and Development (CIPD) showed that the worst may now be over, but uncertainty about how fast the economy will improve is acting to moderate pay forecasts and leading many employers to hedge their bets on the outcome of the final decision.
If you've been reading carefully, you've noticed that the Cassini mission scientists usually hedge their bets and say that the flat, lake-like features on Titan are probably liquid.
Perhaps the problem is that the big bookmakers have become aware that they now need to hedge their bets in greater entirety, rather than bullying a market through name and relatively smaller sums.
Punters can hedge their bets by backing Sunderland to either win or draw at 5/13 in bet365's Double Chance market while SportingOdds' evens for the net to be breached on more than 2.
The competition from California Indian casinos prompted Nevada gaming companies to spend heavily to fight the ballot measure that legalized them, but now Harrah's Entertainment, Park Place Entertainment and Station Casinos have all made deals with California Indian tribes to hedge their bets.
But when it comes to their own operations, they continue to hedge their bets with more conservative revenue goals, investment and hiring plans--which suggests that the economic tide has yet to completely turn.
These clients typically prefer to opportunistically hedge their bets and wait to see if the economy improves.
Some dancers hedge their bets by getting a higher education; others train for a good survival job outside the dance community, such as real estate or computer programming.
In order to hedge their bets, many practitioners are now using another power in conjunction with the Sec.
I suspect they will hedge their bets more than they did.