A situation when an individual risks their health and welfare in hopes of quell hunger pangs with bologna that has expired. This instance can be used for other food items other than bologna (i.e. tuna fish, roast beef, chicken, etc.)
1. Steve: Damn, Cory's been in the bathroom a long time, is he going to be ok? Brian: Nah son, Cory just lost in a game of bologna roulette.
2. Pat, after being unemployed for nearly 5 weeks, decided to play some bologna roulette.