One of the mysteries of the English language finally explained.
The action of hedging a bet, or of hedging one's bets; equivocation, indecision.
That engages in or constitutes bet-hedging; equivocating, noncommittal.
Early 20th century; earliest use found in The Salt Lake Tribune. From bet + hedging<br>1970s; earliest use found in The Times. From bet + hedge + -ing.
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