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Parlay   Listen
verb
parlay  v. t.  
1.
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. Note: 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.
To exploit success in one endeavor so as to achieve greater success in subsequent endeavors.
3.
Fig., to transform a gain into something of greater value.






Collaborative International Dictionary of English 0.48








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Words linked to "Parlay" :   stake, wager, game, bet, back, gage



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