D defs.my
Entry 4 senses · 2 variants Webster, 1913

parlay

· par·lay · IPA /ˈpɑɹˌleɪ/
01 v. t. To wager the winnings plus the initial stake of one bet on a subsequent wager, or to engage in a series of such increased wagers.
  1. 1.
    To wager the winnings plus the initial stake of one bet on a subsequent wager, or to engage in a series of such increased wagers.
  2. 2.
    To exploit success in one endeavor so as to achieve greater success in subsequent endeavors.
  3. 3.
    Fig., to transform a gain into something of greater value.
02 n. The act of betting the winnings from a prior bet, plus the original stake, on a subsequent bet; the second or later such bet in a series; a…
  1. 1.
    The act of betting the winnings from a prior bet, plus the original stake, on a subsequent bet; the second or later such bet in a series; also, a series of such bets, with the stakes for later bets coming from the winnings of earlier bets.