Simple Definition of parlay
: to use or develop (something) to get something else that has greater value
Full Definition of parlay
1 : to bet in a parlay
2 a : to exploit successfully b : to increase or otherwise transform into something of much greater value
Did You Know?
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.
Origin and Etymology of parlay
French paroli, noun, parlay, from Italian dialect, plural of parolo, perhaps from paro equal, from Latin par
First Known Use: 1828
Rhymes with parlay
abbé, affray, agley, airplay, airway, aisleway, all-day, allay, allée, Angers, Anhui, archway, array, ashtray, assay, astray, Augier, away, aweigh, backstay, ballet, base pay, bat ray, beignet, belay, beltway, benday, beret, betray, bewray, bidet, bikeway, birthday, Biscay, Bizet, blasé, bobstay, Bombay, Bossuet, bouchée, bouclé, boule, bouquet, Bourget, bourrée, breezeway, Bouvet, Broadway, buffet, byplay, byway, cachet, café, cahier, Cambay, Cathay, causeway, chaîné, chalet, chambray, chassé, child's play, ciré, cliché, congé, convey, co-pay, Corday, corvée, coudé, coupé, crawlway, crochet, croquet, crossway, cube, curé, cy pres, DA, daresay, D-day, death ray, decay, deejay, defray, delay, dengue, dismay, display, distrait, DJ, donnée, doomsday, doorway, dossier, downplay, dragée, driveway, duvet, Earl Grey, embay, épée, essay, estray, Ewe, fair play, fairway, Feuillet, field day, filé, filet, fillet, fireclay, fishway, flambé, flight pay, floodway, flyway, folkway, footway, foray, force play, forebay, foreplay, forestay, formée, forte, fouetté, foul play, Fouquet, four-way, fourchée, foyer, franglais, frappé, freeway, Friday, frieze, fumet, gainsay, Galway, gamay, gangway, gateway, gelée, give way, glacé, godet, gourmet, Green Bay, greenway, guideway, gunplay, hair spray, halfway, hallway, Hannay, harm's way, hatchway, headway, hearsay, Hebei, Hefei, heyday, highway, hold sway, homestay, hooray, horseplay, Hubei, in play, in re, inlay, inveigh, Islay, issei, jackstay, James Bay, jennet, jeté, Jetway, Jolliet, keyway, Kobe, koine, kouprey, lamé, laneway, lay day, leeway, lifeway, Lomé, Lord's day, lwei, lycée, M-day, maguey, mainstay, make hay, Malay, malgré, man-day, Mande, Manet, manqué, margay, massé, match play, maté, May Day, Medway, melee, meze, midday, midway, Midway, Millay, Millet, mislay, misplay, moiré, Monday, Monet, Mornay, name day, Niamey, nisei, noonday, Norway, nosegay, obey, OK, olé, ombré, one-way, osprey, Otway, outlay, outré, outstay, outweigh, oyez, PA, parfait, parkway, parquet, partway, passé, pâté, pathway, pavé, payday, pearl gray, per se, pince-nez, pipe clay, piqué, piquet, pith ray, PK, plié, plissé, pommée, Pompeii, portray, prepay, projet, pulque, puree, purvey, quale, Quesnay, raceway, Rahway, railway, rappee, red bay, relay, repay, replay, risqué, roadway, Roget, role-play, ropeway, rosé, rosebay, Roubaix, roué, routeway, runway, sachet, saint's day, Salé, sansei, sashay, sauté, screenplay, scrub jay, seaway, Shark Bay, shar-pei, shipway, short-day, sick bay, sick day, sick pay, sideway, skyway, slideway, slipway, sluiceway, soigné, soiree, someday, someway, soothsay, soufflé, speedway, spillway, squeeze play, stairway, sternway, stingray, straightway, strathspey, stroke play, subway, Sunday, survey, sweet bay, swordplay, tea tray, tempeh, thoughtway, thruway, Thursday, tideway, today, Tokay, tollway, Torbay, touché, toupee, trackway, tramway, Tuesday, Twelfth Day, two-way, unlay, unsay, valet, V-day, veejay, vide, visé, Vouvray, walkway, waylay, Wednesday, weekday, white way, windway, wood ray, wordplay, workday
Definition of parlay
: 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
First Known Use of parlay
Learn More about parlay
Britannica English: Translation of parlay for Arabic speakers
Seen and Heard
What made you want to look up parlay? Please tell us where you read or heard it (including the quote, if possible).