1. parlay - Noun
2. parlay - Verb
stake winnings from one bet on a subsequent wager
a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers
Source: WordNetGeorge Clooney had the web of celebrity from television and doing 'ER,' and he's able to parlay that into films. God willing, I'll be up there in a few years. Bailey Chase
A parlay, accumulator or roll-up consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully. Source: Internet
"Advisers who start embracing innovation in fintech will be able to parlay their trusted relationships with Baby Boomers into continuing and expanding relationships with the Gen X and Y as the wealth shifts downwards." Source: Internet
It is considered to be ideal for parlay betting because the odds to be paid out are simply the product of the odds for each outcome wagered on. Source: Internet
The Longhorns have had success on the recruiting trail in 2021 when it comes to improving the talent level on campus and they are looking to cast a wide net and parlay that into more success in 2022. Source: Internet
After Trump announced his candidacy in July 2015, Sater saw the opportunity of a lifetime: Why not parlay the presidential run into a business deal? Source: Internet