Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • transitive verb To bet (an original wager and its winnings) on a subsequent event.
  • transitive verb To use to great advantage or transform into something better.
  • noun A bet comprising the sum of a prior wager plus its winnings or a series of bets made in such a manner.

from The Century Dictionary.

  • See parley.

from the GNU version of the Collaborative International Dictionary of English.

  • noun 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.
  • transitive verb 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.
  • transitive verb To exploit success in one endeavor so as to achieve greater success in subsequent endeavors.
  • transitive verb Fig., to transform a gain into something of greater value.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb transitive To carry forward the stake and winnings from a bet onto a subsequent wager.
  • verb by extension To increase.
  • verb To speak about peace. To have peace talks. See also: pow-wow.
  • verb transitive To convert into something better
  • noun Such a bet or series of bets.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • verb stake winnings from one bet on a subsequent wager
  • noun a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[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 parāre, to prepare; see pare.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

Coined ca. 1828 as a verb, used as a noun ca. 1904. From French parler ("speak").

Examples

  • All of the individual bets must win, so a parlay is an all-or-nothing wager.

    Introduction to sport-betting

  • All of the individual bets must win, so a parlay is an all-or-nothing wager.

    Archive 2009-04-01

  • A parlay is a single wager that links together several individual bets.

    Archive 2009-04-01

  • So while the odds of hitting a parlay are smaller than winning a single bet, the payout for a winning parlay is much larger.

    Archive 2009-04-01

  • A parlay is a single wager that links together several individual bets.

    Introduction to sport-betting

  • So while the odds of hitting a parlay are smaller than winning a single bet, the payout for a winning parlay is much larger.

    Introduction to sport-betting

  • Delaware can only offer betting on at least three NFL games per wager, called parlay bets.

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  • Delaware can only offer betting on at least three NFL games per wager, called parlay bets.

    CourierPostOnline.com - News

  • Delaware can only offer betting on at least three NFL games per wager, called parlay bets.

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  • My guess is that the director intends to "parlay" this film into a feature, which will probably be sort of a "hipster" version of "Castaway."

    Living in a World of Fools: How Deep is your Ride

Comments

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  • Eager to parlay his public pulpit into political capital, Aa Gym insisted that the perils of pornography could only be overcome by cultivating one’s sense of shame.

    Vicissitudes of Vision: Piety, Pornography, and Shaming the State in Indonesia

    JAMES BOURK HOESTEREY

    Visual Anthropological Review

    10.1111/var.12105

    March 1, 2018