When a person tries and fails, or just fails, repeatedly in a series of events.
Bro: "Dylan failed his driving test 7 times."
Mandy: "Whoa.. Epic fail times."
Bro: "So true."

or

Joe: "Did you hear about Brad and what happened when was canoeing?"
Rebecca: "Nope. What happened?"
Joe: "He got the canoe stuck on a rock, and when he was trying to unstick the canoe, he tipped it and failed at getting back in it."
Rebecca: "Talk about epic fail times!"
Joe: "Ikr!"
by Dodomypurplebunny July 30, 2011
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