Dear
Mark, Does the term "let it ride," mean "same bet," or,
"parlay? Phil
Generally
speaking, Phil, "letting it ride" is betting your original wager plus
any winnings, making it more akin to parlaying than playing the same bet. But,
letting a wager ride in certain gaming situations, for instance in craps, can
also mean taking down some of your winnings.
For example: You place a bet on the six or eightwhich pays off at 7 to 6
-- so you¹re paid $7 for every $6 you wagered. If the six hits, you¹d
be sitting on $13 (your original bet plus winnings), so, if you were then to instruct
the dealer to let it ride, she¹d toss you back $1 and keep $12 (increments
of $6) on the six.