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    parlay - Dictionary definition and meaning for word parlay

    (noun) a series of wagers in which the winnings from one wager are used as a stake for the subsequent wagers Definition
    (verb) stake winnings from one bet on a subsequent wager
    Synonyms : double up
   Mnemonics (Memory Aids) for parlay

When you parlay, you "LAY it all on the line."

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