parlay definition

  • verb-transitive:
    • To bet (an original bet and its profits) on a subsequent occasion.
    • To maneuver (a secured asset) to great benefit: parlayed some little opportunities into a sizable lot of money.
    • To bet the winnings as well as the initial share of just one bet on a subsequent wager, or even practice a few these types of increased wagers.
    • To take advantage of success in one single endeavor to be able to attain better success in subsequent endeavors.
    • Fig., to change a gain into some thing of higher worth.
  • noun:
    • A bet comprising the sum a prior wager plus its winnings or a number of wagers made in such a manner.
    • These types of a bet or a number of wagers.
    • The act of wagering the winnings from a prior wager, and the original risk, on a subsequent bet; the 2nd or later these types of bet in a string; in addition, a few such bets, using the stakes for later wagers from the profits of previous wagers.
    • a few wagers where winnings from a single wager are utilized as a stake for subsequent wagers
  • verb:
    • To carry forward the risk and profits from a bet onto a subsequent bet.
    • to improve.
    • To discuss serenity. To have serenity talks. See additionally: pow-wow.
    • To convert into one thing better
    • stake winnings from wager on a subsequent bet
  • others:
    • See parley.

Related Sources

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