hedge your bets

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

cubrirse las espaldas, diversificar el riesgo

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.
Siempre es prudente cubrirse las espaldas al invertir en mercados volátiles.
She decided to apply to several universities to hedge her bets.
Decidió postular a varias universidades para cubrirse las espaldas.