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1.
A phrase often used when someone does something insane or unbelievably lucky.
Did Joe just catch that football while doin a backflip? That is some pure GYPSY MAGIC!!!!
by koolaidman21 March 05, 2008
 
2.
To provide an explanation for the unexplainable.
Person A: How did all that blood get on the stage?
Person B: Gypsy Magic.
by Techlx April 12, 2011