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1 definition found
 for To hedge a bet
From The Collaborative International Dictionary of English v.0.48 :

  Hedge \Hedge\, v. t. [imp. & p. p. Hedged; p. pr. & vb. n.
     Hedging.]
     1. To inclose or separate with a hedge; to fence with a
        thickly set line or thicket of shrubs or small trees; as,
        to hedge a field or garden.
        [1913 Webster]
  
     2. To obstruct, as a road, with a barrier; to hinder from
        progress or success; -- sometimes with up and out.
        [1913 Webster]
  
              I will hedge up thy way with thorns.  --Hos. ii. 6.
        [1913 Webster]
  
              Lollius Urbius . . . drew another wall . . . to
              hedge out incursions from the north.  --Milton.
        [1913 Webster]
  
     3. To surround for defense; to guard; to protect; to hem
        (in). "England, hedged in with the main." --Shak.
        [1913 Webster]
  
     4. To surround so as to prevent escape.
        [1913 Webster]
  
              That is a law to hedge in the cuckoo. --Locke.
        [1913 Webster]
  
     5. To protect oneself against excessive loss in an activity
        by taking a countervailing action; as, to hedge an
        investment denominated in a foreign currency by buying or
        selling futures in that currency; to hedge a donation to
        one political party by also donating to the opposed
        political party.
        [PJC]
  
     To hedge a bet, to bet upon both sides; that is, after
        having bet on one side, to bet also on the other, thus
        guarding against loss. See hedge[5].
        [1913 Webster]

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