There are many reasons to hedge your bets.
You might do so to lessen your risk.
You might do so to increase your chances of success by distributing your chances.
There are many reasons to hedge your bets but one thing to remember is if you think you have a great chance, hedging your bet isn’t the answer. At some point you need to switch from half way to all in.
There are many safer things than to go all in but, at some point, don’t you want to at least be able to say you gave it your all?
When a person goes all in and wins, they win a lot. If they lose, at least they know they gave all they had.
When a person hedges their bets and loses, they’ll never know what might have been.
Have a great day!