parlaying

Turning gains into more

Parlaying is turning one thing into something greater through successive stages.

The word comes from betting, where you parlay winnings from one wager into stakes for the next: He parlayed a $50 bet into $500.

More broadly, it means leveraging any advantage into bigger gains: She parlayed her social media following into a book deal, parlaying connections into a career.

leveraging

investment

Deploying capital for returns

advancement · amplification · multiplying · compounding · bootstrapping · momentum · springboard · foundation · opportunity · windfall

betting

wager

Stake on uncertainty

  • stakesPosts or wagers
  • oddsLikelihood expressed numerically
  • jackpotAccumulated gambling prize

longshot · accumulator · sportsbook · handicap · underdog · favorite · payout · winnings · multiplier · teaser

strategy

tactics

Methods to achieve goals

calculation · optimization · opportunity · exploitation · sequencing · planning · execution · pivoting · capitalizing · play

risk

speculation

Unproven theorizing or risky investment

uncertainty · exposure · jeopardy · high-stakes · all-in · double-or-nothing · upside · downside · volatility

negotiating

dialogue

Spoken exchange between parties

persuasion · talks · settlement · agreement · concession · terms · leverage · positioning · trade-off · exchange

Opposites
leveraging/building

parlayingsquandering

Reckless depletion of resources

wasting · frittering away · losing · misusing · dissipating

risk continuation vs. risk cessation

parlayingcashing out

Converting assets to cash

banking · pocketing · cashing in · withdrawing · securing

engagement vs. disengagement

parlayingignoring

Deliberately not noticing

refusing · avoiding · declining · passing on · sitting on

Family

parley, parlay, parlayed, parlays, parleying, parleyed

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G