## What does it mean to parlay something?

(Entry 1 of 2) transitive verb. 1 : to bet in a parlay. 2a : to exploit successfully He hoped to parlay his basketball skills into a college scholarship. b : to increase or otherwise transform into something of much greater value She parlayed \$5,000 and years of hard work into a multimillion-dollar company.

What is a parlay example?

Example: Say you think both the Packers (+4) and Ravens (-6) will cover their spreads on an NFL Sunday. Instead of risking \$10 to individually bet them (and netting close to \$19 if they both cover the spread), you can parlay them together and risk \$10 for a payout of about 2.65-times your bet.

### What is another word for parlay?

What is another word for parlay?

gamble risk
bet stake
hazard chance
lay punt

What does a \$50 2 team parlay pay?

Odds and payout For instance, a common 2-team NFL parlay based entirely on the spread generally has a payout of 2.6:1. In reality however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1 (10% expected value for the house).

## How do you use the word parlay?

Parlay in a Sentence 🔉

1. During March Madness, many gamblers parlay their earnings on the basketball teams that they think will win the tournament.
2. Since my wife wouldn’t allow me to parlay my entire paycheck on the horse race, I put down as much as I could on my favorite horse.

How does a parlay bet payout?

A parlay is a single bet that links together two or more individual wagers for a high payout. In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games.

### What are the odds of hitting a 3 team parlay?

Typical payouts for up to 10 team parlay bet

Number Odds Amount won
2 Team Parlay 2.6 to 1 \$260
3 Team Parlay 6 to 1 \$600
4 Team Parlay 11 to 1 \$1,100
5 Team Parlay 22 to 1 \$2,200

Why do pirates say parlay?

In The Curse of the Black Pearl, the term “parlay” was known as part of the Pirate’s Code set down by pirates Morgan and Bartholomew, allowing anyone to be taken to negotiate with the captain of their ship to negotiate without being attacked until the parley is complete.

## What does it mean to parlay a bet?

In gambling, to parlay a bet means to “let it ride”—to wager the original amount and any winnings on a subsequent bet. Parlay can also be used as a noun to refer to such a bet.

When do you use the word parlay in a sentence?

Verb. If you’re the gambling type, you may already know that parlay can also be used as a noun describing a series of bets in which a person places a bet, then puts the original stake of money and all of its winnings on new wagers. But you might not know that parlay represents a modified spelling of the French name for such bets: paroli.

### How to calculate the payouts for a parlay?

The easiest way to calculate is to simply go to an online sportsbook and start putting your bets in. You will be able to see the payouts for the parlay before you confirm the bet. If you look at the table below then you can see the payouts if you were to bet a parlay using regular betting lines that are set at -110.

What happens if you make a push in parlay?

If any of your picks in the parlay turn out to be a push, then that bet basicly acts as a tie and the payout of your payout will be reduced if you won your other bets.

What does it mean to parlay something? (Entry 1 of 2) transitive verb. 1 : to bet in a parlay. 2a : to exploit successfully He hoped to parlay his basketball skills into a college scholarship. b : to increase or otherwise transform into something of much greater value She parlayed \$5,000 and years of…