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parlay
(redirected from parlayed)

   Also found in: Legal, Encyclopedia, Wikipedia 0.01 sec.
par·lay  (pärl, -l)
tr.v. par·layed, par·lay·ing, par·lays
1. To bet (an original wager and its winnings) on a subsequent event.
2. To maneuver (an asset) to great advantage: parlayed some small investments into a large fortune.
n.
A bet comprising the sum of a prior wager plus its winnings or a series of bets made in such a manner.

[Alteration of paroli, staking of double the sum staked before in faro, from French, from obsolete Italian, probably from Italian parare, to place a bet, from Latin parre, to prepare; see pare.]

parlay [ˈpɑːlɪ] US and Canadian
vb (tr)
1. (Group Games / Gambling, except Cards) to stake (winnings from one bet) on a subsequent wager Brit equivalent double up
2. to exploit (one's talent) to achieve worldly success
n
(Group Games / Gambling, except Cards) a bet in which winnings from one wager are staked on another, or a series of such bets
[variant of paroli, via French from Neapolitan Italian parolo, from paro a pair, from Latin pār equal, par]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.parlay - a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers
wager, bet - the act of gambling; "he did it on a bet"
Verb1.parlay - stake winnings from one bet on a subsequent wager
bet on, gage, game, stake, punt, back - place a bet on; "Which horse are you backing?"; "I'm betting on the new horse"


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As with any other type of sportsbook wagering, many of these bets can be parlayed in an attempt to increase your return.
A single sport parlay triple, which is three bets parlayed into one wager, generally pays approximately six to one.
 
 
 
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