Part of the mythical set of pirate laws. Parlay entitles its invoker with free passage to negotiate with a ship’s captain until the negotiations are complete.
ELIZABETH: Parlay! I invoke the right of parlay! According to the Code of the Brethern, set down by the pirates Morgan and Bartholomew, you must take me to your Captain!

--Pirates of the Caribbean
بواسطة Teresa from OK أكتوبر/تشرين الأوّل 4, 2009
Top Definition
to chill
I ain't doing nothin but parlayin
بواسطة oc tbabyt يوليو/تمُّوز 28, 2003
A discussion between two individuals usually on the topic of business. Generally used by lieutenants in the dope game.
Yo you know where omar at?
Why, you got beef with him?
Nah, I'm just lookin to parlay.
بواسطة elm0z يناير/كانون الثّاني 7, 2010
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
بواسطة Andy Mack إبريل/نَيْسان 30, 2005
to hang out
We're going to parlay at the crib latah.
بواسطة metalchic يونيو/حَزيران 5, 2004
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
بواسطة blunted420 أغسطس/آب 26, 2008
1) to dilly dally and waste time

2) to appear as if one is working hard, but nothing of value is really being accomplished
Adam just parlayed in undergrad
بواسطة Ratchetrhythm مايو/أيار 15, 2014
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