rednecks that inhabit the outskirts of Augusta GA use this term as an abbreviation for the famous country club and Masters location Augusta National Golf Club
Also southern, white, semi-urban, males commonly referred to as "bros" may occasionally abuse this acronym in an attempt to further reinforce their "bro-ness", and also to draw attention to their self proclaimed "swagger"
Hunter: My man J-money Jarrett! whats good bro?!
Jarrett: Not much bro, just walkin to Chick Fil A to meet up with this chick I met at the polo bros, yolo hoes party last Tuesday night.
Hunter: No way bro! I heard all the bitches got super wierd at that party!
Jarret: Ya dude it was an incredible experience for sure. What are you getting into this weekend bro?
Hunter: BRO! My Dad's client hooked him up with Master tickets, but he is in Dallas on a business trip.
Im going to Natty Gusta bro!