Today’s “Phrase of the Day” is hedge one’s bets and it is a phrase meaning “avoid, dodge, evade, sidestep the issue at hand; be non-committal, be indecisive, be evasive (to deal with a difficulty nearby)”. 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. To "hedge your bets" means to reduce or mitigate your risk. According to Etymology Online, this usage of hedge has been around since the 1600s. From this page, the origin of the phrase comes from an actual hedge or plantings that act as a fence to enclose a piece of land. Initially, the phrase associated with this form of hedging was 'hedging one's debts', for example, John Donne's Letters to Sir Henry Goodyere, circa 1620: "You think that you have Hedged in that Debt by a greater, by your Letter in Verse." 'Hedging one's bets' was coined later in that century. Definition: Choose or support more than one option at a time in an effort to reduce the chance of losing. 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. Today’s “Phrase of the Day” is hedge one’s bets and it is a phrase meaning “avoid, dodge, evade, sidestep the issue at hand; be non-committal, be indecisive, be evasive (to deal with a difficulty nearby)”. ‘And they hedge their bets by avoiding specific predictions for how long it will take to colonize this or that planet, or to travel to this or that star.’ ‘How then can one avoid this risk and hedge one's bets?’ ‘But to hedge your bets, you bet the other way as well.’ Hedge one's bets definition: If you hedge your bets , you reduce the risk of losing a lot by supporting more than one... | Meaning, pronunciation, translations and examples Synonyms for hedge your bets include play safe, be careful, be cautious, go easy, take care and take no risks. Find more similar words at wordhippo.com! 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.
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