Learn how to say Parlay correctly in English with this tutorial pronunciation video.
Oxford dictionary definition of the word parlay:
[with object] (parlay something into)
turn an initial stake or winnings from a previous bet into (a greater amount) by gambling:
parlaying a small bankroll into big winnings
a cumulative series of bets in which winnings accruing from each transaction are used as a stake for a further bet.
late 19th century: from French paroli, from Italian, from paro ‘like’, from Latin par ‘equal’