Prey with cerebral lateralization often shows a bias in escape direction and asymmetrical use of eyes for scanning. Such asymmetries are likely to cause ecological disadvantages when, for example, predators attack from the side in which the prey is more susceptible. However, lateralized individuals are diffuse in many species and, paradoxically, their frequency increases via developmental plasticity in environments with high-predation risk. Using wood frog tadpoles, Lithobates sylvaticus, we tested the hypothesis that cerebral lateralization enhances predator recognition learning and thus overcomes the costs of behavioral asymmetries in high predation risk environments. In the first experiment, we found tadpoles exposed to risk as embryos developed more intense lateralization in a rotational test compared to predator-naive controls. Risk exposure led to the more frequent development of clockwise swimming preference. In the second experiment, we found that tadpoles exhibiting no behavioral lateralization and tadpoles with marked clockwise swimming preference learned to recognize the novel predator odor, with the latter showing a better performance as predicted. Tadpoles with anticlockwise swimming preference did not learn to associate the predator with risk. Exposure to a high-risk environment during early ontogeny appears to favor the development of either a lateralization phenotype with refined predator recognition learning skills, or, to a lesser extent, a lateralization phenotype with poor predator recognition learning skills. Such individuals likely cope with predation using mechanisms other than learning.