Usually referred to during poker, to "pull a Venkat" is to make a serious serious error. I.e. Folding when one has a royal flush without realising it.

One can also pull a Venkat in all aspects of life when one has made a serious or embarrassing error. E.g. when falling over, making a fool of yourself etc...
Oh my dayz that guy just fell over whilst attempting to pop a wheelie on his bicycle....

Hahahaha did u just pull a Venkat?

(During a poker game) Shit you won with pocket two's.... I didn’t realise that I had a straight....
Haha... u just pulled a Venkat

Man I'm so drunk I've fallen over and shat myself....
Haha I just pulled a Venkat
by CDiddy1989 May 4, 2009
Get the pull a Venkat mug.