Monkey Dipping Share definition Flag The act of bmxing, or traveling on bike. Usually up-taken by gay men. Monkey Dipping- 3 Faggets riding their bikes around when theyre bored. Monkey Dipping by MonkeyDipper May 29, 2011 0 0 Get merch Get the Monkey Dipping mug. Buy Now — $32.95 See more merch