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Parlayed: meaning, definitions and examples

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parlayed

 

[ pɑːrˈleɪ ]

Verb
Context #1 | Verb

gambling context

Parlayed refers to a betting strategy where a player combines multiple bets into a single wager. If successful, the payouts from the initial bets are used to bet on the next event. This allows for potentially larger winnings but also increases the risk, as losing any single bet results in losing the entire wager. The term is frequently used in sports betting and casino games, where the accumulation of multiple bets can lead to substantial returns.

Synonyms

accumulated, combined, merged.

Examples of usage

  • He parlayed his winnings into a larger bet.
  • She decided to parlay her initial stake on the football game.
  • The gambler parlayed his success at the poker table into a big win at the slots.

Translations

Translations of the word "parlayed" in other languages:

🇵🇹 apostado

🇮🇳 परिवर्तित किया

🇩🇪 umgewandelt

🇮🇩 dikonversi

🇺🇦 перетворено

🇵🇱 przekształcone

🇯🇵 変換された

🇫🇷 transformé

🇪🇸 convertido

🇹🇷 dönüştürüldü

🇰🇷 전환된

🇸🇦 تحويل

🇨🇿 převedeno

🇸🇰 prevedené

🇨🇳 转变

🇸🇮 pretvorjeno

🇮🇸 breytt

🇰🇿 айналдырылған

🇬🇪 გადაქცეული

🇦🇿 dönüşdürülmüş

🇲🇽 convertido

Etymology

The term 'parlay' has its origins in the gambling practices of the 19th century, particularly in the United States. It is derived from the French word 'parole', which means 'to speak', but in this context, it evolved to refer to a specific form of betting where one bet builds upon another. The concept of parlay betting gained popularity particularly during the rise of sports betting, where bettors could increase their potential winnings by linking multiple wagers. Over time, it spread to other forms of gambling and has since become a standard term in both gambling and broader discussions about investment and risk management, reflecting the idea of leveraging an initial success.

Word Frequency Rank

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.