parlay
Speech parts
1. parlay - Noun
2. parlay - Verb
Meaning
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: WordNetSynonyms
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Examples
George 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.
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.
"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."
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.
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.
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?