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1.
An acronym for "Ball In Pocket Sitting In Cart"

Used in golf to denote the individual who, upon hitting a bad shot, puts it in his pocket and goes and sits in his cart thereby finding himself bipsic. He did this instead of finishing the hole.

You do not want to be Bipsic.
I may have gone double bogey on that last hole, but at least I'm not BIPSIC
by dmnj October 01, 2010