parlayed

Verb

parlay (third-person singular simple present parlays, present participle parlaying, simple past and past participle parlayed)

1. (ambitransitive) To carry forward the stake and winnings from a bet on to a subsequent wager or series of wagers.
2. (broadly, transitive) To increase (an asset, money, etc.) by gambling or investing in a daring manner.
   • Shall we parlay the value of our products?
3. (broadly, transitive, generally) To convert (a situation, thing, etc.) into something better.
   • They believe that if [Roy] Harris can maintain his standing among the leading heavyweights, they can parlay this rating with Texas enthusiasm and oil money into enticing Floyd Patterson into coming down and defending his heavyweight title against Roy.1957 October 5, W[ilfred] C[harles] Heinz, “Battler from the Backwoods”, in Ben Hibbs, editor, The Saturday Evening Post, volume 230, number 14, Philadelphia, Pa.; London: Curtis Publishing Company...

See all 4 meanings of parlay