A hiding spot used, typically in fps gaming, to surprise your opponents and get a close range kill on a key target, often from behind. These spots include high alcoves and perches, sharp corners or object large enough to crouch behind.
God damn i hate that enemy soldier; always hiding in retarded jew spots and trying to frag our medic. Fucking scrub.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.