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Definitions and Synonyms of parlay | Another word for parlay | What is parlay?

Definition 1: a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers - [noun denoting act]

(parlay is a kind of ...) the act of gambling

"he did it on a bet"

Definition 2: stake winnings from one bet on a subsequent wager - [verb of competition]

Synonyms for parlay in the sense of this definition

(parlay is a kind of ...) place a bet on

"Which horse are you backing?" "I'm betting on the new horse"

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