When you have no good video games to play at a certain time. Whether if it's you've beaten every game you have, or if you're just over all of them.
GUY 1: "uh, I'm so bored right now, I wish i wasn't game dead"
GUY 1: "dude, why aren't you ever online anymore?"
GUY 2: "I'm game dead, there's nothing to play."
Down For The Count.
When someone(or something) gets hits/slammed/knocked out/"pwned"/etc.
Originally a boxing term.
Guy 1: "Did you see that guy fall off of his bike?"
Guy 2: " Yeah, he was d4tc."
When you double press the 'last button' on your TV remote control to check the last channel you were on or to see what's going on in the other show.
Person1: "Man, do you remember what we were watching? I just blanked."
Person2: "i'll check during commercial, hold on."
Person1: "No. Do it now. Last blast."
to kill someone, particularly in a video game.
*a guy playing Grand Theft Auto 4, and after brutally murdering someone*
"DRAINED!" or "man, I just drained him"
*a guy playing Call Of Duty online, after sniping a noob*
Poop; Crap; etc.
Guy 1: "Man, my stomach hurts."
Guy 2: "Oh. Whats wrong?"
Guy 1: "Ah, nothing, i think i just have to take a derb."
"I have to take a fat derb."