To do something that is incredibly stupid, than rely all on luck that that stupid thing works
Anonymous person #1: Did you see Jerry impress the boss with his presentation?
Anonymous person #2: Yea, did you see him ace it?
Anonymous person #1: Yea.... lucky bastard
To take a shit and not have to wipe
Guy 1: Dude, I think i can ace it
Guy 2: Dude, that would be amazing!!