parlay
Parlay (noun) means a bet in which the original stake and all its winnings are rolled forward into further bets. Example: “He turned a $10 parlay into a $400 payout by picking four winning teams in a row.”
How to use parlay
Learner’s notesIn plain EnglishTo roll winnings or an early success forward into something bigger, whether in gambling or in life.
Don't confuse with "parley" (a conference or truce talk) — they sound alike but come from separate word histories.
Word forms
- Plural
- parlays
Fill the gap
Can you complete this real example?
He turned a $10 _____ into a $400 payout by picking four winning teams in a row.
Etymology
From Italian paroli, "doubled stake," via French — unrelated in origin to "parley," despite the similar sound.