Hedge your bets

usgb
verb

Taking steps to reduce risk or loss in the future.

With only a little money in the lottery, Sarah decided to hedge her bets by also applying for some part-time jobs.
Visual representation of "hedge your bets" - Taking steps to reduce risk or loss in the future.

Often appears as...

  • hedge one's bets
  • hedging their bets

Usage tips

Formal

Idiomatic

Definition 1 of 1
Visual representation of "hedge your bets"
LampPro Tip 1/3

Risk Reduction

Emphasizes lessening potential losses in any situation, not just financial.

Illustration for Risk Reduction
In a volatile market, investors tend to hedge their bets by diversifying their portfolios.
LampPro Tip 2/3

Not Literal

The phrase is figurative; you're not actually placing bets.

Illustration for Not Literal
He hedged his bets by studying both science and arts subjects.
LampPro Tip 3/3

Cautionary Tone

It suggests caution and not committing fully to one option.

Illustration for Cautionary Tone
Uncertain if the project will succeed, she hedged her bets by working part-time.
Visual representation of the word "Hedge your bets"

Never forget "Hedge your bets"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension
Back to top