parlayConversely in a parlay, you still wager on two teams but with the orinal spread and with better payout odds (usually 3:1). Teasers and parlays can be played with 2,3,4,5 teams or more.Learn the meaning of parlay, a verb that means to use or develop something to make more money or success. See how to use it in sentences and how to say it in different languages.