Parlaying: meaning, definitions and examples

The term 'parlay' originated from the word 'parley,' which is derived from the Old French 'parler' meaning 'to speak.' The gambling meaning took shape in the United States during the mid-20th century, where gamblers began to use the term to describe betting strategies that combine various bets. The concept of parlaying draws from the idea of increasing one's stakes by rolling over winnings, similar to how a conversation might build upon previous statements. It has since become an integral part of betting culture, particularly in sports and casino environments, as it allows bettors to increase potential returns significantly. Over the years, the definition and context of parlaying have evolved, but the fundamental principle of risk-reward as it pertains to wagering remains central to its use.

At position #41,959, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.

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• 41956 rigamarole
• 41957 squarest
• 41958 intangibly
• 41959 parlaying
• 41960 panderer
• 41961 imprecating
• 41962 tripodal
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