Parlay vs Parley

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  • darkenergy
    SBR MVP
    • 01-08-09
    • 4013

    #1
    Parlay vs Parley
    I saw few posters using parley instead of parlay, is it misspelling or intended that way?

    As a noun, parley can mean “speech” or “conversation.” Its most common use is to mean speech between opposing sides, a conference with an enemy to discuss terms. As a verb it means “to discuss terms,” or “hold discussion with.”
    Parlay is a betting term. As a noun, it means “a cumulative series of bets.” The winnings of subsequent bets are bet again. As the bettor continues to win, the gains continue to increase. As a verb, parlay means “to use the winnings from a previous bet to make another bet.”
    Parley [pär'lē] is from French parler, “to speak.”
    Parlay [pär'lā'] comes from French parole which comes from Italian parole, “words, promises.” Parlay entered English in 1701 as a term in the card game faro. The gambling term took on the meaning “to exploit to advantage” in 1942.
    Uses of parlay:
    David Lusterman parlayed a $10000 investment into a company with $1.2 million in revenues
    Witness Bill Blount parlayed political skills into a mega-dollar business
    She parlayed a $350 investment into a multi-million dollar business…
    Uses of parley:
    Governors seek fresh parley with teachers
    German politicians plan June parley with Hamas minister
    For the moment they are parleying with the king’s brother-in-law
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