Definition of hedge one's bets
- They decided to hedge their bets by putting half their money in stocks and the other half in bonds.
: a fence or boundary formed by a dense row of shrubs or low trees
: barrier, limit
: a means of protection or defense (as against financial loss)
: to enclose or protect with or as if with a dense row of shrubs or low trees : to enclose or protect with or as if with a hedge (see 1hedge 1a) : encircle
: to confine so as to prevent freedom of movement or action : to obstruct with or as if with a barrier : hinder
: to protect oneself from losing or failing by a counterbalancing action
: something that is laid, staked, or pledged typically between two parties on the outcome of a contest or a contingent issue : wager
: the act of giving such a pledge
: something to wager on
: to stake on the outcome of an issue or the performance of a contestant
: to be able to be sure that
: to maintain with or as if with a bet
What made you want to look up hedge one's bets? Please tell us where you read or heard it (including the quote, if possible).