What Is Hedging A Bet

3/22/2022by admin
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  1. Feb 26, 2021 Bet up to $10 on the Penguins to score as your first bet; With more than three goals scored per game, Sid the Kid, Geno Malkin and Co. Boast a dangerous offense. As long as they score at least once vs. The Isles, you’ll be walking away with $50 more in your account! BET $10, WIN $50 IF THE PENGUINS SCORE!
  2. ErisX Exchange Asks CFTC to Approve Sports Bet Futures as ‘Risk Hedging’ Tools. If approved, three proposed futures contracts would be tied to the outcome of National Football League games.

Bet up to $10 on the Penguins to score as your first bet; With more than three goals scored per game, Sid the Kid, Geno Malkin and Co. Boast a dangerous offense. As long as they score at least once vs. The Isles, you’ll be walking away with $50 more in your account! BET $10, WIN $50 IF THE PENGUINS SCORE!

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Related to hedge bets: hedge fund

hedge (one's) bets

How Does Hedging A Bet Work

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

What Is Hedging A Bet
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

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]

What Is Hedging Bets Mean

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.
See also:
Bet
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