Parlay - definition, pronunciation, transcription

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Amer.  |ˈpɑːrleɪ|  American pronunciation of the word parlay
Brit.  |ˈpɑːleɪ|  British pronunciation of the word parlay

noun

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

verb

- stake winnings from one bet on a subsequent wager (syn: double up)

Extra examples

He owned five movie theaters, which he eventually parlayed into hotels.

Word forms

verb
I/you/we/they: parlay
he/she/it: parlays
present participle: parlaying
past tense: parlayed
past participle: parlayed
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