Parlay (noun) Definition, Meaning & Examples

verb (used with object)
  1. to bet or gamble (an original amount and its winnings) on a subsequent race, contest, etc.
  2. to use (one's money, talent, or other assets) to achieve a desired objective, as spectacular wealth or success: He parlayed a modest inheritance into a fortune.
noun
  1. a bet of an original sum and the subsequent winnings.
verb (tr)
  1. to stake (winnings from one bet) on a subsequent wager
  2. to exploit (one's talent) to achieve worldly success
noun
  1. a bet in which winnings from one wager are staked on another, or a series of such bets
Parlay (noun) Definition, Meaning & Examples

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