Phrase used by one as an explanation or response to a negative(usually) statement.
1)
Person 1: Hey, did you hear about John getting arrested?
Person 2: Yeah, he got busted like a sponge!

2)
Person 1: What did you think of that test, dawg?
Person 2: Aw, man, it was busted like a sponge, you know what I'm saying?
by TheFlameX March 26, 2010
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