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1.
Metaphor for female masturbation.
Vicky: I'm so frustrated!
Rachel: Go smack the pony...
by jensvonbustenskjold July 27, 2011
 
2.
a british tv comedy sketch show starring 3 extremely funny women.
rachel - hey dude i watched my smack the pony dvd last night
jenna - dude that show rules
by dothehustle May 17, 2006