Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun parlay

1 sense of parlay

Sense 1
parlay -- (a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers)
       => bet, wager -- (the act of gambling; "he did it on a bet")

Synonyms/Hypernyms (Ordered by Estimated Frequency) of verb parlay

1 sense of parlay

Sense 1
parlay, double up -- (stake winnings from one bet on a subsequent wager)
       => bet on, back, gage, stake, game, punt -- (place a bet on; "Which horse are you backing?"; "I'm betting on the new horse")

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