See Also: parlay(dictionary)
parlay(dictionary)
Parlay - Blackjack(gambling)
Parlay Cards - General(gambling)
Parlay Betting System(casino)

parlay (iou)



parlay verb & noun. N. Amer. L19.
[Alt. of PAROLI.]
A. verb trans. & intrans.
Use (winnings accruing from a bet or a cumulative series of bets) as a stake for a further bet. L19.
Increase (capital) by gambling; fig. exploit (a circumstance); transform (an advantage, asset, etc.) into something greater or more valuable. colloq. M20.
Globe & Mail (Toronto) To parlay critical acclaim for his first feature film into big bucks.
b. noun. A cumulative series of bets in which winnings accruing from each transaction are used as a stake for a further bet. E20.