parlay

by oc tbabyt July 28, 2003
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parlay

n. (gambling) - 1. A wager and its winnings from a previously successful bet used for additional betting. 2. A type of bet, usually wagered on pro team sports, where all teams picked must all win in order to collect a fixed wager.

v.- to bet in such a manner (or just gambling in general)
Typical Parlay Payouts

2 Teams 13/5
3 Teams 6/1
4 Teams 11/1
5 Teams 20/1
6 Teams 40/1
7 Teams 75/1
8 Teams 150/1
9 Teams 300/1
10 Teams 700/1
by Andy Mack April 30, 2005
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parlay

In betting terms a parlay is used to take winning's from a previous bet and add them to a new bet. A better term to describe this would be to "Press your Luck".
Dealer: What do you want to do with your winnings?
Me: I want to press it. (parlay)
by Trever "Parlay" Trader September 29, 2005
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parlay

1) to dilly dally and waste time

2) to appear as if one is working hard, but nothing of value is really being accomplished
by Ratchetrhythm May 16, 2014
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parlay

It's when you drink a bit, smoke a bit, fuck your girl a bit, then watch some TV.
"Yo what you doin rite now?"
"Ah I'm parlayin for a minute boy"
by SaintAdamm September 25, 2008
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parlay

A fancy party. Usually outside of the ghetto.
We shall take a taxi instead of the bus to go parlay.
by edplayer September 27, 2004
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