parlayˈpɑr leɪ, -li
parlay (v)
- present
- parlays
- past
- parlayed
- past participle
- parlayed
- present participle
- parlaying
parlay
English Definitions:
parlay (verb)
a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers
parlay, double up (verb)
stake winnings from one bet on a subsequent wager
parlay (Noun)
Such a bet or series of bets.
parlay (Verb)
To carry forward the stake and winnings from a bet onto a subsequent wager.
parlay (Verb)
To increase.
parlay (Verb)
To speak about peace. To have peace talks. See also: pow-wow.
parlay (Verb)
To convert into something better
Parlay
A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher pay-offs than placing each individual bet separately since the likelihood of hitting all of them at once is much less. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of teams with the odds reducing accordingly. Although a variety of bets can be used to build a parlay bet, correlated parlays are usually not allowed at betting sites. Correlated parlays are two or more bets from the same game that rely on a closely related outcome. Sportsbooks restrict this action because closely related bets can lead to bigger payouts in the chance of a win, which means a more substantial loss for the sportsbook.
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"parlay." Kamus.net. STANDS4 LLC, 2025. Web. 11 Feb. 2025. <https://www.kamus.net/english/parlay>.
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