Difference Between Parlay and Parley

Main difference

The main difference between Parlay and Parley is that Parlay is a single bet or as many bets where the bet and winnings are carried out cumulatively to the subsequent bet, while Parley is a meeting, discussion or conference between the opposing enemies.”

Parlay vs. Parley

A parlay is both a noun and a verb. As a noun, it means “A bet or series of bets in which winnings are rolled over cumulatively.” Parley is also a noun and a verb, meaning “A meeting or conference between the two opponents.”

Parlay as a verb means “to take or advance the bet or the winnings of a series of bets”. For example, “Parlayed your blackjack winnings.” It also means “increase”, “peace talk” or “exploit something to make it more valuable”. Parley, as a verb, means “to consult with an enemy.” It also means to negotiate or discuss. For example, “The leaders plan to parley their differences in a neutral place.”

Parlay means placing a bet with an existing winning series of bets. To parley means to have a meaningful discussion specifically between enemies or opposing parties. In simple words, parlay means to bet, while parley is an argument.

A parlay is an American word that originated from the term ‘paroli’. This was a game term of French and Italian origin. Parley originates from the French word “parler,” which means to speak.

Parlay inflections are parlayed and parlaying. The inflectional forms of parliamentary are parliamentary and parliamentary. The word parlay has six letters with the pronunciation [pär’lā’]. The word parlament has the same number of letters with a penultimate letter difference with “parlay”. It is pronounced as [pär’lē].

Comparison chart

Parlay Parley
To place a bet with a series of bets using accumulated winnings Having a meaningful discussion specifically between enemies or opposing parties.
Parts of the sentence
noun verb noun verb
” Parole ” in French from an Italian word meaning “words or promises.” From the French word ” parler ” which means to speak
Six with ‘a’ as penultimate letter Six with ‘e’ as penultimate letter
[pär’lā’] [pär’lē]
parlaying parlaying parliamentarian, parliamentarian

What is Parley?

The term parlay is a noun and also a verb. As a noun, it has the meaning of “a cumulative series of winning bets that are re-bet.” It means “to make another bet using the winnings of a previous bet”. Parlay has the pronunciation [pär’lā’]. It comes from a French word “parole”, which originates in Italian, a word that means “words or promises”. The history of this English word dates back to 1701 as a term in the card game called “lighthouse.”

A parlay is the profit that follows an early series of profits. For example, “He took advantage of his blackjack winnings.” Parlay inflections are parlayed and parlaying. Another meaning of parlay is to exploit or invest something in something more valuable. For example, “He turned a simple invention into a national bestseller with an infomercial.”


  • “He turned his assignment into a deal.”
  • The recognition you must have to become a lucrative celebrity.
  • He took advantage of a considerable investment in a company with millionaire income.
  • My friend took advantage of a $400 investment in a mega dollar business.

What is Parley?

Parley is a word that belongs to the noun category as well as the verb. It has more than one meaning. In simpler words, parlay means a speech or conversation. It is a specific speech between two enemies or opponents. Therefore, Parley means “a negotiation or discussion between the two enemies.” As a noun, it means a speech or discussion, while as a verb, it means to discuss or hold any discussion.

Parley is known to be any discussion, negotiation, or conference between enemies. It can be about various terms or issues. Parley has great importance. Attacking any member of the opposition party during a parliament was considered an extreme offense and was against the rules of war. The inflectional forms of Parley are parliamentary and parliamentary. The term parliamentary has the pronunciation [pär’lē]. It is derived from the French word parler, which means “to speak.”


  • “Solomon’s successor parleyed with them.”
  • “His enemies called for a parliament with the intention of assassinating him.”
  • They may refuse to parley with their opponents.
  • Politicians plan a parliament with the minister of another country.
  • The tribe was parleying with the king.

Key differences

  1. The verb parlay means “advance the bet or winnings from a bet to a subsequent bet”; on the other hand, the verb parley means “to confer with an enemy.” It also means to negotiate or discuss.
  2. The noun parlay means “A single bet or as many bets in which the bet and winnings are accumulated”; on the contrary, to parley means “a meeting or conference between the two opponents.”
  3. Parlay from the French word “parole” which originates from the Italian word meaning “words or promises”; On the other hand, parley originates from the French word “parler”, which means to speak.
  4. To parley means to make a bet with a series of bets using cumulative winnings, while to parley means to have a meaningful discussion specifically between enemies or opposing parties.
  5. Parlay has the pronunciation [pär’lā’]; on the contrary, parley is pronounced as [pär’lē].
  6. The word parlay has ‘a’ as its penultimate alphabet; conversely, the word parley has ‘e’ as the penultimate letter.
  7. Parlay means to gamble; On the contrary, parleying is a discussion.
  8. The inflections of parlay are parlayed and parlaying; on the other hand, the inflectional forms of parley are parliamentary and parliamentary.

Final Thought

Parlay and Parley are homophones in the English language. They have almost the same pronunciation but significantly different meanings. There is also a difference in their spelling, and the two terms vary greatly from each other in meaning and usage.

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