What is Parlay?
1.
to chill
I ain't doing nothin but parlayin
2.
to hang out
We're going to parlay at the crib latah.
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
4.
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
See
5.
It's when you drink a bit, smoke a bit, fuck your girl a bit, then watch some TV.
"Yo what you doin rite now?"
"Ah I'm parlayin for a minute boy"
See
6.
In betting terms a parlay is used to take winning's from a previous bet and add them to a new bet. A better term to describe this would be to "Press your Luck".
Dealer: What do you want to do with your winnings?
Me: I want to press it. (parlay)
See
7.
have a good time.