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Back the wrong horse
Translation of "back the wrong horse" into Russian
back the wrong horse
поставить не на ту лошадь
By investing in that failing company, he really backed the wrong horse.
Инвестируя в ту провальную компанию, он действительно поставил не на ту лошадь.
Definitions
To support or invest in someone or something that is unsuccessful or not likely to succeed.