parlay

verb
par·​lay | \ ˈpär-ˌlā How to pronounce parlay (audio) , -lē How to pronounce parlay (audio) \
parlayed; parlaying; parlays

Definition of parlay

 (Entry 1 of 2)

transitive verb

1 : to bet in a parlay
2a : to exploit successfully He hoped to parlay his basketball skills into a college scholarship.
b : to increase or otherwise transform into something of much greater value She parlayed $5,000 and years of hard work into a multimillion-dollar company.

parlay

noun

Definition of parlay (Entry 2 of 2)

: a series of two or more bets so set up in advance that the original stake plus its winnings are risked on the successive wagers broadly : the fresh risking of an original stake together with its winnings

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Did You Know?

Verb

If you're the gambling type, you may already know that parlay can also be used as a noun describing a series of bets in which a person places a bet, then puts the original stake of money and all of its winnings on new wagers. But you might not know that parlay represents a modified spelling of the French name for such bets: paroli. You might also be unaware that the original French word is still occasionally used in English with the same meaning as the noun parlay. Be careful not to mix up parlay with the similar word parley, meaning "to discuss terms with an enemy." Although the spellings are very close, parley comes from the Latin word for "speech."

Examples of parlay in a Sentence

Recent Examples on the Web: Verb

By now, everyone knows how Thielen parlayed a rookie tryout into an opportunity at training camp after graduating from Minnesota State Mankato. Dane Mizutani, Twin Cities, "‘I wouldn’t be in the NFL’: Vikings weigh in on ‘Catch-22’ of shortening preseason," 28 Aug. 2019 The family ties run deep between the two camps, too: Both Tucker and Bobo count Smart as a confidant, and the pair parlayed stellar runs as coordinators between the hedges into landing the two biggest college gigs in Colorado. Sean Keeler, The Denver Post, "Why Mel Tucker and Mike Bobo hit Rocky Mountain Showdown with Georgia on their minds," 25 Aug. 2019 After Garoppolo’s first pass got knocked down by a Denver Broncos defensive lineman, his second attempt resulted in an interception, and the Broncos parlayed that turnover into a field goal and 3-0 lead. Cam Inman, The Mercury News, "49ers Garoppolo update: How he looks in exhibition debut," 19 Aug. 2019 Politicians and businessmen affiliated with the group have met to pray and parlay with the likes of the late Libyan strongman Moammar Gadhafi, Indonesian despot Suharto and Haitian dictator Papa Doc Duvalier, Sharlet said. NBC News, "Secretive Christian group at heart of D.C. politics ready for its close-up," 9 Aug. 2019 Montijo’s efforts in the fall parlayed into great performances for the Providence track and field team, which thrived in the spring and had a successful day at the league finals. Vincent Nguyen, Burbank Leader, "Looking Back: Providence excels amidst challenges in new league," 6 Aug. 2019 The rapidity with which those companies parlayed data on e-commerce and mobile payments into successful products hinted at the power inherent in Ping An’s own deep data pool. Fortune, "China’s Biggest Private Sector Company Is Betting Its Future on Data," 22 July 2019 Naturally, people have plenty of suggestions for how Peppa could parlay her physical attributes into a future career, perhaps in the NBA. Raisa Bruner, Time, "Here's Everything You Need to Know About the Peppa Pig Meme," 26 July 2019 Wine was able to parlay his fame as a musician into a formidable political movement called People Power. Krista Mahr, Los Angeles Times, "Pop star plans to challenge Uganda’s long-ruling president in election," 16 July 2019

Recent Examples on the Web: Noun

Jones put down a $5 wager for the Cowboys to win the Super Bowl, The News Guard reports, to kick off the first legal sports wagering in the state since 2007, when the NFL parlay game Sports Action ended an 18-year run. oregonlive.com, "Legal sports betting begins in Oregon as Chinook Winds Casino opens wagering lounge," 27 Aug. 2019 There will be three ways to wager: Single-game bets, parlays and in-game wagering. oregonlive.com, "Canzano: Oregon Lottery poised to launch live sports book... soon," 16 Aug. 2019 Everyone shows up for a parlay, and when Jon does his show-and-tell bit with the wight, Cersei pretends to be properly spooked. Ineye Komonibo, Marie Claire, "This Is How Season 7 of 'Game of Thrones' Ended," 13 Apr. 2019 Throughout the storyline, attempts at peacemaking, cooperation, and parlays are met again and again with bloodshed, betrayal, and cyclical violence. Aja Romano, Vox, "In the era of Trump and apocalyptic change, Hopepunk is a storytelling template for #resistance — and hanging onto your humanity at all costs.," 27 Dec. 2018 Right after the presidents’ dinnertime parlay, Chinese officials said the two sides agreed to put tariffs in abeyance to negotiate a settlement but offered few other details then and in the days since. WSJ, "China Breaks Its Silence on 90-Day U.S. Tariff Truce," 5 Dec. 2018 In 2005, a bill winding down Sports Action was passed, and the last parlays were bet in 2007. Andrew Greif, OregonLive.com, "Among Oregon athletic directors, sports betting's potential return sparks hope and concern," 24 May 2018 Johnson, 41, wanted a two-team parlay with the A’s and White Sox. Ed Barkowitz, Philly.com, "Crazy day at Atlantic City sportsbook as Mark Wahlberg bets the Eagles, Patriots and … Browns," 28 June 2018 Delaware has offered limited NFL parlay wagering since 2009. Ed Barkowitz, Philly.com, "Why haven't Pa. casinos filed for sports-betting permission yet? Could be 10 million reasons," 4 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'parlay.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of parlay

Verb

1828, in the meaning defined at sense 1

Noun

1904, in the meaning defined above

History and Etymology for parlay

Verb

French paroli, noun, parlay, from Italian dialect, plural of parolo, perhaps from paro equal, from Latin par

Noun

derivative of parlay entry 1

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More Definitions for parlay

parlay

verb

English Language Learners Definition of parlay

US : to use or develop (something) to get something else that has greater value