Like pwned, yet HARDER!!! AND FAR WORSE!!!
Dude, those horde just got Phelpsed!! or Man, that alliance just Phelpsed the shit outta me!!!
by Targetlocked August 17, 2008
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to lose (or to win) by a small margin, as in 1/100th of a second.
The other swimmer was phelpsed by the taller, faster one.
by olympicmaniac August 20, 2008
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When someone takes a picture of you obviously under the influence of multiple narcotics or in the process of administering your medication. Then tags it on facebook for the entire world to see.
Damn, Carissa tagged a photo of me rolling face, half naked covered only in glowsticks and my grandma saw it. She totally phelpsed me.
by The Masta Flex February 18, 2010
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Verb:

1. To smoke herbs in preparation for a competitive event or in celebration of the victory of a competitive event
"Hey guys I'm Phelpsing right now I will be ready for the match in a few minutes."

"Bro, that was an amazing match, I am going to be Phelpsing with the good stuff tonight!"
by Hardluck December 25, 2012
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