the.com/parlay
stacking bets so each must win, multiplying odds and heartbreak in equal measure
means To parlay is to leverage one win, asset, or advantage into a bigger one — either literally rolling a bet and its winnings onto the next wager, or figuratively turning a small success into something far larger.
from From the Italian 'paroli,' the term in the card game faro for letting your stake and its winnings ride on the next turn. The word traveled through French as 'paroli' and reached English in the early 1800s, where it was reshaped into 'parlay' — likely under the pull of 'parley,' the talking-it-out word, which is actually unrelated (that one comes from French 'parler,' to speak). So the gambler's parlay and the negotiator's parley are strangers who happen to look alike.
- french roots
- From paroli, meaning to double a stake
- one loss ruins all
- A single leg fails, the whole ticket dies
- casino favorite
- House edge soars as legs pile up
- longshot legends
- Bettors have turned dollars into six figures occasionally