parlay

parlay
parlay par"lay 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; also, a series of such bets, with the stakes for later bets coming from the winnings of earlier bets.

Note: This is the characteristic act in a common betting system used by gamblers to try to achieve a large win from a small initial stake. Statistically, it is similar to betting a small stake on a game with a large payoff, but with a proportionately small chance of winning. [PJC]


The Collaborative International Dictionary of English. 2000.

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  • Parlay — is an open API for the telephone network (fixed and mobile.) Parlay OverviewThe Parlay Group is a technical industry consortium (founded 1998) that specifies APIs for the telephone network. These APIs enable the creation of services by… …   Wikipedia

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  • Parlay — ist eine Programmierschnittstelle für Telefonnetze. Inhaltsverzeichnis 1 Übersicht 2 Beziehung zu anderen Standards und Organisationen 3 Technischer Hintergrund 4 …   Deutsch Wikipedia

  • Parlay X — Parlay X  основанный на Web сервисах APIs для телефонных сетей (операторов фиксированной и мобильной связи) Протокол передачи данных который позволяет вести разработку для быстрого создания сервисов на стороне телефонной сети без глубоко… …   Википедия

  • Parlay X — is set of Web service APIs for the telephone network (fixed and mobile.) It enables software developers to use the capabilities of a underlying network. The APIs are deliberately high level abstractions and designed to be simple to use. An… …   Wikipedia

  • parlay — par‧lay [ˈpɑːli ǁ ˈpɑːrleɪ] verb [transitive] to increase the value of something you have, especially your abilities, money, or success, by using your opportunities well: parlay something into something • The party chairman parlayed his political …   Financial and business terms

  • parlay — ☆ parlay [pär′lā, pär′lē; ] for v., occas. [ pär lā′ ] vt., vi. [altered < earlier paroli < Fr < It (Neapolitan) dial. < paro, an equal, pair < L par: see PAR1] 1. to bet (an original wager plus its winnings) on another race,… …   English World dictionary

  • parlay — par lay v. t. 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. Note: This is the characteristic act in a common betting system used by gamblers to try to achieve… …   The Collaborative International Dictionary of English

  • parlay — I (bet) verb ante, back, bet on, gamble, hazard, lay a wager, lay money on, make a bet, make book, play, risk, speculate, stake, take a chance, trust to chance, venture, wager II (exploit successfully) verb boost, broaden, build up, develop,… …   Law dictionary

  • parlay — (n.) 1701, term in the card game faro, from Fr. parole, from It. parole (Neapolitan paroli) words, promises, plural of parolo (see PAROLE (Cf. parole)). Meaning exploit to advantage is from 1942 …   Etymology dictionary

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