When you get scared or sexually aroused at the sound of the name Craig and or image of someone you know who is named Craig.
Guy One: Dude did you just hear that?
Guy Two: Hear what?
Guy One: I heard someone say the name Craig.
Guy Two: So?
Guy One: I'm not sure if I should masturbate or pee my pants, I feel so sexually aroused and scared all at once.
Guy Two: You have Craigophobia!