Might mean (unverified): Invest small for larger gain.
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We found one dictionary that defines the word throw a sprat to catch a mackerel:

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  1. throw a sprat to catch a mackerel: Wiktionary

Definitions from Wiktionary (throw a sprat to catch a mackerel)

verb:  (British, idiomatic) To sacrifice something of little value in the hope of gaining something better.

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