noun / verb
parlay
A combined bet that pays out only if all its linked wagers win.
Her three-game parlay pays out only if every pick wins.
Etymology
The gambling term concerns carrying a stake and its winnings forward into another wager. A parlay links bets so that the combined return depends on every part succeeding.
More examples
- She places a three-team parlay before the games begin.
- One losing pick ruins the entire parlay.
- He parlays two game picks into one bet.
Forms
parlay · parlays · parlayed · parlaying
Similar words
- bet
- A general wager, not necessarily linked to other wagers.
- teaser
- A linked bet with adjusted point spreads and lower payouts.