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A wankphobic is someone who is scared of wanking.
Simply, because he is scared to wank off.

Maybe for kids who are young and who do not know what will happen.
Dude: Do you wank off lately?

2nd dude: No I am scared to wank off.

Dude: Oh, that means you are a wankphobic.
by Multiwanker February 12, 2012