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c.1300, hoblen "to rock back and forth, toss up and down," probably related to its Dutch cognate hobbelen (which, however, is not recorded before late 15c.).
Meaning "to walk lamely" is from c.1400. Transitive sense of "tie the legs (of an animal)" first recorded 1831, probably an alteration of 16c. hopple, cognate with Flemish hoppelen "to rock, jump," which also is related to Dutch hobbelen. Sense of "hamper, hinder" is c.1870. Related: Hobbled; hobbling. The noun is 1727, from the verb.