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1.
A reasurance used toward to guys who are about to, or who you wish were about to, engage in homosexual activity. With just eachother, or with you as well.

It's not true, of course, as simply doing something with someone else can't change who you're attracted to, but with dudes being so afraid to be gay, it's worth a try.

It's also just funny.
Shane: "No way"

Kyle: "Y..yeah"

Figure.10: "Aw.....but remember, it's only gay if your balls touch!"
by Figure.10 May 27, 2009

Words related to It's only gay if your balls touch

balls double standard gay guilt horrible lie hours of fun threesome