How To Hedge Bets
- How To Hedge Moneyline Bets
- How To Hedge Spread Bets
- How To Hedge Bets In Roulette
- How To Hedge Your Bets
The Basics of Hedge Betting The best way to view hedge betting is to think of it as a form of insurance. It’s actually a relatively straightforward strategy at its core, with the basic idea being to protect existing bets against potential losses. This is done by betting on outcomes that are different to the original wager. In sports betting, hedging a bet means betting both sides of a game to safe guard against a loss. Let’s say at the start of the American football season you put $1,000 on an 8 to 1 shot winning the Super Bowl. They eventually make the Super Bowl as the favorites. The night of the game their opponent is 2 to 1.
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Related to hedge bets: hedge fund
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.
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
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.
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
hedge one's bets
How To Hedge Moneyline 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]
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
How To Hedge Spread Bets
How To Hedge Bets In Roulette
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