hedge one's bets

Which means the smart approach is to hedge one’s bets.

In light of human nature, the real question is whether to hedge one's bets with free markets or government.

That even traces of détente have appeared between Mr. Cruz and the party’s traditional power brokers this early illustrates how thoroughly unpredictable the Republican race has been — and that, for major political donors, it can be safer to hedge one’s bets in such a volatile environment.

As with any claim of a striking new discovery, it’s best to hedge one’s bets for now.

Purchasing reputation insurance to hedge one’s bets against a possible corporate crisis may cause some executives to see the policy as a panacea for their management shortcomings.