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A loser matinée occurs when one cannot find anyone to go see a particular movie with them. If you are going to see it by yourself anyway, might as well save a few dollars by seeing a matinée.
Loser #1: I couldn't find anyone to see 'Baby's Day Out' with me, so I just went to a loser matinée."

Loser #2: "Shit, so did I. We should have just gone together."

Loser #1: "Fag."
by NiceGuyJon May 05, 2010
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