1. To choke, often in an excruciatingly heartbreaking manner.
2. To swindle wimpy gamblers out of money.
Synonymous with Funny Cide and Philadelphia Eagles.
1. You lost a 15-point lead in 30 seconds?? How could you smarty jones like that?
2. So, you got smarty jones'd, huh? That's what you get for betting on a 1-5 favorite.
A smarty jones is when a girl grabs your limp dick and pulls it as far as she can. When it's fully stretched out she lets go and it snaps back and hits you.
I'll give you a smarty jones