PARLAY Meaning and
Definition
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Parlay is a noun and a verb that is commonly used in sports and gambling contexts. As a noun, it refers to a strategy or method whereby one uses their initial winnings or stake as a basis for subsequent betting in the hope of achieving a greater profit. In this sense, parlay suggests a process of multiplying or compounding one's gains through a series of successful wagers. It implies a cumulative approach, where the gains generated from each successful bet are reinvested into subsequent bets, leading to potentially higher returns.
As a verb, parlay refers to the act of employing this strategy. It involves taking one's initial winnings or stake and using it as a foundation for additional bets. It often suggests a calculated risk-taking approach, where individuals leverage their existing success to potentially increase their profits. However, a failed bet in a parlay strategy can result in the loss of both the initial stake and any subsequent gains.
Beyond gambling, the term parlay can also be used metaphorically to describe a process of leveraging or capitalizing on existing advantages or resources to attain even greater success or rewards in different situations. It encapsulates the idea of building upon initial successes to achieve greater outcomes, be it in business ventures or personal endeavors.
Common Misspellings for PARLAY
Etymology of PARLAY
The word "parlay" originated from the French term "parler", which means "to speak". In gambling contexts, it was originally used to refer to the act of players conversing and negotiating with each other to wager on the outcome of a game or competition. Over time, "parler" transformed into "parley" in English and then evolved into "parlay", specifically used to describe the act of betting one's winnings on subsequent bets. Today, "parlay" is commonly used in gambling to signify the practice of multiplying or escalating one's winnings by betting them again on different outcomes.
Idioms with the word PARLAY
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parlay sth into sth
The idiom "parlay something into something" means to use or leverage a certain thing or situation to obtain or achieve something greater or more valuable. It refers to the act of turning an initial advantage or asset into a larger or more advantageous outcome or opportunity. It involves using one's existing position or resources strategically to gain additional benefits or success.
Similar spelling words for PARLAY
Conjugate verb Parlay
CONDITIONAL
I
would parlay
you
would parlay
he/she/it
would parlay
we
would parlay
they
would parlay
CONDITIONAL CONTINUOUS
I
would be parlaying
you
would be parlaying
he/she/it
would be parlaying
we
would be parlaying
they
would be parlaying
CONDITIONAL PERFECT
I
would have parlay
you
would have parlay
he/she/it
would have parlay
we
would have parlay
they
would have parlay
CONDITIONAL PERFECT CONTINUOUS
I
would have been parlaying
you
would have been parlaying
he/she/it
would have been parlaying
we
would have been parlaying
they
would have been parlaying
FUTURE
I
will parlay
you
will parlay
he/she/it
will parlay
we
will parlay
they
will parlay
FUTURE CONTINUOUS
I
will be parlaying
you
will be parlaying
he/she/it
will be parlaying
we
will be parlaying
they
will be parlaying
FUTURE PERFECT
I
will have parlayed
you
will have parlayed
he/she/it
will have parlayed
we
will have parlayed
they
will have parlayed
FUTURE PERFECT CONTINUOUS
I
will have been parlaying
you
will have been parlaying
he/she/it
will have been parlaying
we
will have been parlaying
they
will have been parlaying
IMPERATIVE
you
parlay
we
let´s parlay
to parlay
PAST
I
parlayed
you
parlayed
he/she/it
parlayed
we
parlayed
they
parlayed
PAST CONTINUOUS
I
was parlaying
you
were parlaying
he/she/it
was parlaying
we
were parlaying
they
were parlaying
PAST PARTICIPLE
parlayed
PAST PERFECT
I
had parlayed
you
had parlayed
he/she/it
had parlayed
we
had parlayed
they
had parlayed
PAST PERFECT CONTINUOUS
I
had been parlaying
you
had been parlaying
he/she/it
had been parlaying
we
had been parlaying
they
had been parlaying
PRESENT
I
parlay
you
parlay
he/she/it
parlays
we
parlay
they
parlay
PRESENT CONTINUOUS
I
am parlaying
you
are parlaying
he/she/it
is parlaying
we
are parlaying
they
are parlaying
PRESENT PARTICIPLE
parlaying
PRESENT PERFECT
I
have parlayed
you
have parlayed
he/she/it
has parlayed
we
have parlayed
they
have parlayed
PRESENT PERFECT CONTINUOUS
I
have been parlaying
you
have been parlaying
he/she/it
has been parlaying
we
have been parlaying
they
have been parlaying
I
would have parlayed
we
would have parlayed
you
would have parlayed
he/she/it
would have parlayed
they
would have parlayed
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