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Hedge one's bets

verb

Definitions

1.verb(bookmaking) To place bets with a third party in order to offset potential losses.
2.verbTo reduce the risk of making a mistake, by keeping one's options open.

Synonyms

reduce or minimize risk of loss by making additional investments in different securities or commoditiesgedgehedgingantewelshoddsboxcarcoupledominoesdouble flatdouble sharpgamble
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