This is phrase derived from the alternate meaning of '
Broke', "One who's unattractiveness is displeasing to the eye".
Usually coinciding in time with the most generally accepted form of last
call, this is the period in which men at the
bar realize that they are probably not going to bring
home any prize-winning beauties and focus their game on the uglies, disregarding both attractiveness and personality alike. This usually leads to the being in the state of coyote ugly the following morning.
The DJ announced over the mic that it was last call. Taking queue, Johnny scanned the dance floor for anybody,
thick or thin, homely and
lonely, who would come home him. Yes, it was time to go for
broke.