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parlay Definition

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parlay
verb(par-lay)
to bet in a parlay
parlay
verb(par-lay)
to exploit successfully
parlay
verb(par-lay)
to increase or otherwise transform into something of much greater value
parlay
noun(par-lay)
a series of two or more bets so set up in advance that the original stake plus its winnings are risked on the successive wagers; broadly : the fresh risking of an original stake together with its winnings

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