When someone goes and completely crushes your dreams and asperations. Can be applied in any situation but usually used in the game of cards.
"I got four aces!" "well ive got a thousant kings so there" "O man you Nicked it you asshole" "Well thats just how i am an asshole"
When attempting to achieve a goal in obtaining sex and failing in the aftermath with always having knowledge that outer sources will know the subject will fail.
"Hey nicks in the room with that girl, lets go see if their doing anything"
"No their just looking at the ceiling holding hands, Man! he nicked it!