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What is lose a bet?
Slang term for jacking off. Comes from the bet featured on Seinfeld.
"Hey man did you lose the bet last night after your girlfriend left?"
"Yeah dude, we're stuck on second so I had to do it by myself."
lose a bet - video
Lose a bet - what is it?
When one of your friends arrives with an ugly date.
Damn Katie, did you lose a bet?