NYT Placed bets on both sides Crossword Clue Puzzle Answer from August 28, 2024
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Updated Aug 28, 2024
Let’s find the answers to Placed bets on both sides NYT for the 28 August 2024 edition of NYT crossword puzzle. Answer Contains 6 letters. Start with H and end with D, and the possible solutions are HACKED,HAILED,HEDGED.
The answer is HEDGED.
The crossword clue "Placed bets on both sides" with the answer "HEDGED" refers to the concept of hedging in betting or finance. In betting or investment contexts, to "hedge" means to protect oneself against potential losses by taking offsetting positions. This strategy involves placing bets or making investments that balance or mitigate risks associated with other bets or investments.
By hedging, an individual or entity can reduce the impact of adverse outcomes and ensure more stable results, regardless of the outcome of the original bet or investment. Thus, "HEDGED" captures the idea of covering oneself from potential losses by simultaneously placing bets on both sides of a situation.
This clue last seen in NYT Crossword Puzzle on August 28, 2024. You can also get all other NYT's Crossword clues hints and answers here.
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