hedge one's bets
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"[hedge] {one's} bets" Tanımı ve Anlamı

to hedge one's bets
01

birden fazla seçeneğe yatırım yaparak başarısızlık olasılığını en aza indirmek

to support both sides in a competition or conflict in order to protect oneself against loss

What is the origin of the idiom "hedge one's bets" and when to use it?

The idiom "hedge one's bets" has its origins in the world of gambling, specifically in betting on horse races. It refers to the practice of placing multiple bets on different horses in a race to increase the chances of winning and reduce potential losses. The idea is that if one bet fails, the other bets may still pay off. The term "hedge" in this context suggests the use of a hedge to mark the boundary of the betting area at a racetrack. In contemporary usage, the phrase is used more broadly to indicate that someone is taking precautionary measures or diversifying their options to minimize risk or uncertainty, especially when facing an uncertain outcome.

example
Örnek
examples
The athlete hedged his bets by training for both the 100-meter and 200-meter races to maximize his chances of success.
She decided to hedge her bets by investing in both stocks and bonds to balance her portfolio.
When choosing a career path, he decided to hedge his bets by gaining skills in both marketing and finance.
To minimize risk, the company decided to hedge its bets by offering a new product in multiple markets simultaneously.
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