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15.
to have sex with a girl right after or before your homeboy has
yo jeff, you wanna parlay this bitch tonight
by Pint-O December 17, 2002
14 51
 
1.
to chill
I ain't doing nothin but parlayin
by oc tbabyt July 28, 2003
537 276
 
2.
Part of the mythical set of pirate laws. Parlay entitles its invoker with free passage to negotiate with a ship’s captain until the negotiations are complete.
ELIZABETH: Parlay! I invoke the right of parlay! According to the Code of the Brethern, set down by the pirates Morgan and Bartholomew, you must take me to your Captain!

--Pirates of the Caribbean
by Teresa from OK October 04, 2009
341 186
 
3.
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
226 141
 
4.
A discussion between two individuals usually on the topic of business. Generally used by lieutenants in the dope game.
Yo you know where omar at?
Why, you got beef with him?
Nah, I'm just lookin to parlay.
by elm0z January 07, 2010
226 152
 
5.
to hang out
We're going to parlay at the crib latah.
by metalchic June 05, 2004
240 190
 
6.
Means to chill, relax, have a good time.
"Heres the sequel/ you can get drunk as a skunk but weeds illegal/ im forever blunted anyway/ i dont give a FUCK what uncle sam say okay? lets parlay"

Fo Eva Blunted- Nine
by blunted420 August 26, 2008
114 99
 
7.
Getting out of a sticky situation. Quoted from the first Pirates of the Caribbean, when Jack Sparrow is literally about to get his ass handed to him, but before he gets pwoned he quotes the pirate law of parlay, where if a pirate shouts this he and his party cannot be harmed.
this can be used in many situations today, such as not getting sacked from work, or splitting up with your girlfriend just to name a few.
Jenny - ' Johnny our relationship isn't working. I think we should see other people. let's spli..'

Johnny - ' PARLAYYYYY!!!!!!!'

Jenny - ' Dammit not again...'
by Chuck Norris's Grandson January 25, 2011
58 64