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1.
How retards spell "really"
Retard: I'm realy cool
by anyrandomword April 19, 2008
 
2.
shortened version of a realdotaplayer

originated from "really now" but then eventually turned in to "realy now' when questioning a realdotaplayer's realness.
phil: realy now george? i just saw you talking to a girl the other day
george: it was a crossdresser i swear im still a realy
by deeZK July 17, 2009