parlay

Definition of Parlay in English :

1. parlay

a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers

2. double up, parlay

stake winnings from one bet on a subsequent wager

WordNet Lexical Database for English. Princeton University. 2010.

Parlay

verb (transitive)

1.

to stake (winnings from one bet) on a subsequent wager

. Brit equivalent: double up

2.

to exploit (one's talent) to achieve worldly success

noun

3.

a bet in which winnings from one wager are staked on another, or a series of such bets

verb transitive, verb intransitive

1.

to bet (an original wager plus its winnings) on another race, contest, etc.

2.

to exploit (an asset) successfully

to parlay one's voice into fame

noun

3.

a bet or series of bets made by parlaying

tr.v. par·layed, par·lay·ing, par·lays

1. To bet (an original wager and its winnings) on a subsequent event.

2. To use to great advantage or transform into something better: parlayed some small investments into a large fortune.

n.

A bet comprising the sum of a prior wager plus its winnings or a series of bets made in such a manner.