hedge your bets

US /hɛdʒ yʊər bɛts/
UK /hɛdʒ yʊər bɛts/
"hedge your bets" picture
1.

to reduce your risk of loss by trying to ensure that you will benefit whatever happens

:
It's always wise to hedge your bets when investing in volatile markets.
She decided to apply to several universities to hedge her bets.