Acronym for "For The Wolf", coined by Amir Blumenfeld of CollegeHumor's "Jake and Amir". Amir got Jake a wolf as a holiday present, then got a collar "for the wolf" the next year.
Jake: "What is that?"
Amir: "It's a collar"
Jake: "For what?"
Amir: "For the wolf! For FTW."
Jake: "I don't have the wolf anymore, okay?"
Amir: "For the, it's FTW. For the wolf."
Jake: "The wolf's dead. They euthanized it in my apartment. You wanna dig it up? For the wolf?"
Amir: "...for the epic wolf"
It originated in the 70s as a jailhouse tattoo and became known to bikers and other guys who will kick your ass if you say it means anything different. 30 years later, some gayass cyberkiddies redefined, but if you have an ounce of class, you'll ignore the cyberfags.
CYBERFAG: "Pokemon ftw!! omg lolz!!!111"
BIKER: If you don't shut up, I'm going to stick a knife in your anus and twist.
3)For the win! = is the best, is good, is cool etc
e.g
1)
Jack: Ok, I have the toast, what do I do now?
/b/: fuck toast!
Jack: ftw?
/b/: gtfo n00b
2)
Jack: 'Kay I have the crumpets- now what?
Bill: Crumpets suck....Pancakes ftw!
Jack: >.< they were all out of them at the store.
Bill: Oh ok... Can I have a crumpet please?
Jack: No ^^