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1.
A game in which participants proceed to masturbate in a circle around a cooked waffle. Last participant to ejaculate is required to eat the fresh "wet waffle".
Damn yo I'm trying to call up the posse and get a stupendous round of wet waffle. I hope I blow my load quick because last time I ate the waffle I had to get my stomach pumped because there was so much cum icing topping the waffle.
by wet waffler September 28, 2009
 
2.
The act of boinking (sexual intercourse) with an ugly Female whose breast resemble the grid like structure of a waffle,In turn preventing ejaculation (skeet)

So you piss on the bitch. . .
Malcolm- Yo i fucked this bitch last night. She had waffle titties
Charles- So did you boink her?
Malcolm- Hell ya, gave that bitch the wet waffle!
by Skoorbnut March 12, 2008