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parlay

[ pahr-ley, -lee ]
/ ˈpɑr leɪ, -li /
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See synonyms for: parlay / parlayed on Thesaurus.com

verb (used with object)
to bet or gamble (an original amount and its winnings) on a subsequent race, contest, etc.
Informal. to use (one's money, talent, or other assets) to achieve a desired objective, as spectacular wealth or success: He parlayed a modest inheritance into a fortune.
noun
a bet of an original sum and the subsequent winnings.
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Origin of parlay

1820–30, Americanism; alteration of earlier paroli<French <Neapolitan Italian, plural of parolo, perhaps derivative of paro equal <Latin pār;see pair
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use parlay in a sentence

British Dictionary definitions for parlay

parlay
/ (ˈpɑːlɪ) US and Canadian /

verb (tr)
to stake (winnings from one bet) on a subsequent wagerBrit equivalent: double up
to exploit (one's talent) to achieve worldly success
noun
a bet in which winnings from one wager are staked on another, or a series of such bets

Word Origin for parlay

C19: variant of paroli, via French from Neapolitan Italian parolo, from paro a pair, from Latin pār equal, par
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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