Parlayed: meaning, definitions and examples

Etymology

• The word 'parlay' comes from the French term 'parole,' meaning to speak or to discuss, highlighting negotiation.
• Originally used in gambling, it referred to taking winnings and betting them again to win more.
• The term dates back to the early 19th century, indicating its long-standing presence in language related to risk and reward.

Gambling

• In gambling, a parlay combines multiple bets, and all must win for the bettor to succeed, which can lead to big payouts.
• Parlay bets are popular in sports betting, allowing gamblers to stake on several outcomes at once for a higher potential return.
• Some gamblers view parlaying as both a test of luck and strategy, as it relies on correctly predicting multiple events.

Business

• In business contexts, parlaying can refer to leveraging existing resources or successes to gain further advantages, such as a successful product leading to a brand expansion.
• Entrepreneurs often parlay initial investments or early successes into larger funding rounds or partnerships.
• Networking is a key element where professionals parlay their connections to enhance career opportunities.

Pop Culture

• The concept of parlaying can be found in movies, often depicted in scenes of characters taking risks to achieve greater goals, such as a gambler at a casino.
• Many modern games and sports TV shows feature characters who parlay their small wins into bigger schemes, emphasizing the thrill of risk-taking.
• Popular podcasts and shows in finance highlight stories of individuals who effectively parlayed their skills and resources into successful ventures.

Ranking #37,048, 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.

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• 37045 reoccurring
• 37046 chiselling
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• 37048 parlayed
• 37049 instructively
• 37050 trenchantly
• 37051 snigger
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