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To be screwed over on a bad call (or series of bad calls) by an umpire or referees.
In order to be properly seventy twoed you must be on the field or court celebrating victory and then called of field of play, thus giving the opponent another chance to win. As in the 1972 Men’s basketball team got screwed over by the Russians.
Dude, we got seventy twoed big time by the refs last night, after we won, they put time back on the clock to give the other team a chance to win and they did!
by Pete Pace July 02, 2008