back the wrong horse

Bet on losers

To back the wrong horse is to support a person, idea, or course of action that turns out to fail.

The phrase comes from betting on horse races—if you back a horse that loses, you lose your stake.

The company backed the wrong horse when they invested in that technology.

The expression implies a misjudgment that becomes clear only in hindsight.

Related

poor judgment · risk · regret · buyer's remorse · stake · repercussions · miscalculation · mistaken belief · disillusionment · egg on face · overconfidence · hindsight · shortsightedness · high stakes · long shot · misplay · wager · underdog

Opposites
judgment quality

back the wrong horseback the right horse

Support the winning side

pick a winner · hit the nail on the head · see it coming · hedge your bets

outcome

back the wrong horsehit the jackpot

Win a major prize

strike gold · come out on top · land on one's feet · win big · clean up

Family

backs, backed, backing, backer, backside, backward, backwards, wrong, wrongly

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G