The sex Olympics resets every four years, and revolves around collecting a number of rings that correspond to those of the regular Olympics. to obtain a 'ring', one must perform a particular sex act.
Blue ring: sex in water
Black ring: with a black guy/girl, or anal
Yellow ring: with an asian, or urination during sex
Red ring: during period, or draw blood
Green ring: outdoors
After obtaining all of these, the winner receives fuck all.
"Dude, yesterday I totally got the black ring11111!!! I've completed the sex olympics"