Definition of hedge bets in the Idioms Dictionary. hedge bets phrase. What does hedge bets expression mean? Definitions by the largest Idiom Dictionary. Übersetzung für to hedge bets im Englisch-Deutsch-Wörterbuch mexicanistas.eu. According to its dictionary definition, the verb “ hedge ” means to reduce one's risk of loss by compensating transactions on the other It should come as no surprise that bookmakers themselves hedge bets. They do so to “balance the action. The weather forecasters were hedging their betssaying the storm might come into land or go out to sea. Hedging the entire amount is rarely a good move, of course, because it makes a loss inevitable. Home My Bet Bind Performance Previews Help Betting Reviews Bet Bet Fred Ladbrokes Paddy Power Gala Bingo Foxy Bingo [All] Contact us Register. However, if you stand to make a great profit and black widow forum risk averse, hedge away! One side has the word, one side has the definition.