Part I: Games & Gaming · Dice Games — Craps & Sic Bo

Parlay

Craps

The action of adding all winnings from a successful bet to the original wager and letting the entire amount ride on the next outcome. For example, if a player wins $10 on a $10 bet and says “parlay it,” the dealer leaves the original $10 wager plus the $10 winnings on the layout for the next roll, effectively doubling the bet. Parlays can also involve partial amounts. Parlaying is common in proposition bets and is sometimes used for dealer tokes (tips). In sports betting, a parlay refers to a multi-leg wager where all selections must win.

One entry from the Casino Industry Glossary — 1,157 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.