What is another word for hedging ones bets?

58 synonyms found

Pronunciation:

[ hˈɛd͡ʒɪŋ wˈɒnz bˈɛts], [ hˈɛd‍ʒɪŋ wˈɒnz bˈɛts], [ h_ˈɛ_dʒ_ɪ_ŋ w_ˈɒ_n_z b_ˈɛ_t_s]

When you are not entirely certain about a particular outcome, you might consider hedging your bets. This means that you make preparations to protect yourself against potential loss or failure. However, there are several other synonyms for this popular phrase. One of the most common is "playing it safe," which refers to taking actions that are less risky to ensure a more predictable outcome. Another possibility is "covering your bases," which describes the act of making sure that every possibility is considered and prepared for. Alternatively, you might use the term "being cautious" to indicate that you are avoiding or minimizing risk to ensure success. Regardless of which phrase you choose, the goal is always to be prepared for whatever the future holds.

Related words: hedging strategy, hedging a bet, what is a hedging strategy, hedging against risk, what is hedging, hedging markets, best hedging strategy

Related questions:

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    What are the opposite words for hedging ones bets?

    The phrase "hedging one's bets" means to reduce the risk of harm or loss by taking two separate courses of action. Antonyms of this phrase can be "taking a risk", "taking an all or nothing approach", or "going all in". When someone is willing to take a risk, they are fully committed to the outcome, and they do not worry about the possibility of failure. They believe in themselves and their abilities, and they have confidence in their choices. On the other hand, the phrase "going all in" suggests a sense of reckless abandon. Instead of hedging your bets and considering your options, you are investing everything you have in one single outcome, regardless of the risks involved.

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