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Parlay: meaning, definitions and examples

๐ŸŽฒ
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parlay

 

[ pษ‘rหˆleษช ]

Noun / Verb
Context #1 | Noun

gambling term

A parlay is a form of betting where a single wager is placed on the outcome of multiple events. To win a parlay, all bet components must be successful; if any of the individual bets lose, the entire parlay loses. This wager type is popular among gamblers because it offers higher payouts compared to betting on single events. However, the risk is also greater, since the likelihood of winning decreases as more bets are added to the parlay.

Synonyms

accumulator, multiple bet

Examples of usage

  • I placed a parlay on the football games this weekend.
  • She won a huge amount from her parlay bet on the three races.
  • The odds are stacked against you in a parlay wager.
Context #2 | Verb

to bet

To parlay means to combine multiple bets into one wager, allowing for an increased potential payout if all selections are successful. This term is often used in the context of sports betting and gambling. The strategy behind parlaying is to maximize return on investment, but it carries a higher risk of losing the entire stake if one bet fails. It can also refer, in a broader sense, to leveraging a success or asset to achieve further gains.

Synonyms

combine, leverage

Examples of usage

  • He decided to parlay his winnings into a more ambitious bet.
  • She loves to parlay her poker winnings into the next round.
  • They parlayed their initial investment into a successful startup.

Translations

Translations of the word "parlay" in other languages:

๐Ÿ‡ต๐Ÿ‡น aposta acumulada

๐Ÿ‡ฎ๐Ÿ‡ณ เคชเคพเคฐเฅเคฒเฅ‡

๐Ÿ‡ฉ๐Ÿ‡ช Parlay

๐Ÿ‡ฎ๐Ÿ‡ฉ parlay

๐Ÿ‡บ๐Ÿ‡ฆ ะฟะฐั€ะปะฐะน

๐Ÿ‡ต๐Ÿ‡ฑ parlay

๐Ÿ‡ฏ๐Ÿ‡ต ใƒ‘ใƒผใƒฌใ‚ค

๐Ÿ‡ซ๐Ÿ‡ท parlay

๐Ÿ‡ช๐Ÿ‡ธ parlay

๐Ÿ‡น๐Ÿ‡ท parlay

๐Ÿ‡ฐ๐Ÿ‡ท ํŒŒ๋ ˆ์ด

๐Ÿ‡ธ๐Ÿ‡ฆ ุจุงุฑู„ูŠ

๐Ÿ‡จ๐Ÿ‡ฟ parlay

๐Ÿ‡ธ๐Ÿ‡ฐ parlay

๐Ÿ‡จ๐Ÿ‡ณ ไธฒ่”ๆŠ•ๆณจ

๐Ÿ‡ธ๐Ÿ‡ฎ parlay

๐Ÿ‡ฎ๐Ÿ‡ธ parlay

๐Ÿ‡ฐ๐Ÿ‡ฟ ะฟะฐั€ะปะฐะน

๐Ÿ‡ฌ๐Ÿ‡ช แƒžแƒแƒ แƒšแƒ”แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ parlay

๐Ÿ‡ฒ๐Ÿ‡ฝ parlay

Etymology

The term 'parlay' has its origins traced back to the French word 'paroli' which initially referred to a double stake in card games where winnings could be bet again. The concept of the term evolved, gaining wider usage in the context of gambling, especially in betting since the late 19th century. It entered the American English lexicon as gambling became more mainstream and casinos started proliferating. Over the years, 'parlay' has broadened to encapsulate not just the act of betting but also strategies involving synergy between multiple bets, emphasizing higher potential gains but proportionately higher risks.

Word Frequency Rank

Ranking #37,203, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.