Parlaying

Partying hard and chilling with all your old school homies
Man, I️ would give anything to be parlaying back at home right now!
by Chumpwich November 11, 2017
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Parlay

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
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Parlay

To chill or max to the fukkin fullest. Typically in a closet
"Son, I'm just looking for a spot to parlay"
by PaulitosWay May 30, 2021
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Chalk Parlay

gambling term where a punter does a parlay with 2 or more huge favorites.
Pat is going all in with a 2 teamer Louisville -300 and UNC -300 chalk parlay.
by picoman March 30, 2009
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greaves parlay

to exploit unsuccessfully, to decrease or otherwise transform into something of much less value
He greaves parlayed his small fortune down to a much smaller fortune.
by mike sam September 17, 2007
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junkie parlay

A bet made by a degenerate gambler to cover losses from previous bets. The odds are usually highly against a winning out come for the gambler and if so, the payout is much larger than the risk.
I lost a G to the dog because the sox lost last night... so I put in like three junkie parlays on west coast games late last night.
by dmbx7 June 12, 2008
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yolo parlay

when everyone is yolo but you all agree to parlay (pirate's code) so that you can accomplish something wonderful
My bros were all YOLO but a parlay was needed so we instituted a yolo parlay.
by Fat Washington March 17, 2020
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