What is Panic Wank?
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Having a wank in a moment of anxiousness, fear or when your just plain shitting yourself about something. Its like a phsyical way of letting out your fear in one quick, easy step.
Dave: "I think they know about the body in your freezer Scott"
Scott: "Ahh!!"
Richard: "Scott'll be off to have a panic wank now. Haha"
Everyone: "hahahaha!"
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