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Verb: parlay  'paa(r),ley or paa(r)-lee
  1. Stake winnings from one bet on a subsequent wager
    - double up
Noun: parlay  'paa(r),ley or paa(r)-lee
  1. A series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers

Derived forms: parlays, parlaying, parlayed

Type of: back, bet, bet on, flutter [Brit, informal], gage [archaic], game, punt, stake, wager

Encyclopedia: Parlay