parlay

[ pahr-ley, -lee ]
/ ˈpɑr leɪ, -li /

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.

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. 2019

Examples from the Web for parlayed

British Dictionary definitions for parlayed

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