Definitions for Parlay
ˈpɑr leɪ, -lipar·lay

Princeton's WordNetRate this definition:3.0 / 1 vote

1. parlayverb

   a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers

2. parlay, double upverb

   stake winnings from one bet on a subsequent wager

GCIDERate this definition:0.0 / 0 votes

1. parlayverb

   To wager the winnings plus the initial stake of one bet on a subsequent wager, or to engage in a series of such increased wagers. This is the characteristic act in a common betting system used by gamblers to try to achieve a large win from a small initial stake. Statistically, it is similar to betting a small stake on a game with a large payoff and a proportionately small chance of winning.

2. parlayverb

   To exploit success in one endeavor so as to achieve greater success in subsequent endeavors.

3. parlayverb

   Fig., to transform a gain into something of greater value.

4. parlaynoun

   The act of betting the winnings from a prior bet, plus the original stake, on a subsequent bet; the second or later such bet in a series; also, a series of such bets, with the stakes for later bets coming from the winnings of earlier bets. This is the characteristic act in a common betting system used by gamblers to try to achieve a large win from a small initial stake. Statistically, it is similar to betting a small stake on a game with a large payoff, but with a proportionately small chance of winning.

WiktionaryRate this definition:4.0 / 1 vote

1. parlaynoun

   Such a bet or series of bets.

2. parlayverb

   To carry forward the stake and winnings from a bet onto a subsequent wager.

3. parlayverb

   To increase.

4. parlayverb

   To speak about peace. To have peace talks. See also: pow-wow.

5. parlayverb

   To convert into something better

6. Etymology: Coined ca. 1828 as a verb, used as a noun ca. 1904. From parler.

WikipediaRate this definition:0.0 / 0 votes

1. Parlay

   A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher pay-offs than placing each individual bet separately since the likelihood of hitting all of them at once is much less. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of teams with the odds reducing accordingly. Although a variety of bets can be used to build a parlay bet, correlated parlays are usually not allowed at betting sites. Correlated parlays are two or more bets from the same game that rely on a closely related outcome. Sportsbooks restrict this action because closely related bets can lead to bigger payouts in the chance of a win, which means a more substantial loss for the sportsbook.

ChatGPTRate this definition:0.0 / 0 votes

1. parlay

   Parlay is a term used in gambling, particularly in betting, which refers to the act of taking the winnings from one bet and using them to place a new bet on a different game or match. It typically involves making multiple selections as part of a larger bet, where the winnings of one selection are then used on the next selection, and so on. Consequently, massive returns can be won if all the selections are successful, but if one selection fails, the whole bet will lose. Additionally, in a broader context, parlay can also mean to use a particular asset or advantage effectively to achieve a desired result or benefit.

Matched Categories

1. • Bet On

How to pronounce Parlay?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Parlay in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Parlay in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of Parlay in Pythagorean Numerology is: 1

Examples of Parlay in a Sentence

1. Spencer Pratt:

   Patridge explained. HEIDI MONTAG THINKS DIVERSITY MEANS DIFFERENT HAIR COLOR Patridge also called Cavallari a tough girl, and Montag, 33, echoed the notion, adding, She is one of the most resilient, awesome, powerful women. Pratt also quipped in banter that the entrepreneur would likely parlay her plight into opportunities beyond what shes already accomplished in her career. CLICK HERE TO GET THE FOX NEWS APP I guarantee you she writes a New York Times bestseller, How to Divorce and Win.

2. Tim Albrecht:

   This will be a much-celebrated victory after a year and a half of bad headlines, the question is, will a lone victory be enough or will Chris Christie be able to parlay this into something bigger.

3. Winston Churchill:

   We will have no truce or parlay with you Hitler, or the grisly gang who work your wicked will. You do your worst -- and we will do our best.

4. Dana Meaney-Delman:

   We need to parlay what we're seeing in product samples with what we're seeing in lung tissue.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Parlay
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=Parlay
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Parlay
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Parlay
5. ^ ChatGPT
   https://chat.openai.com