Aussie slang for "soccer", as the term football in Australia exclusively refers to AFL (Australian Rules Football).
Soccer is typically only taken seriously in Australia by those of wog/ethnic background (who are mainly of European extraction, where soccer is a national religion for many countries), as Aussies consider it unmasculine and "boring". Hence the term "wogball".
"Oi let's play some soccer guys?"
"You mean wogball? Hell no."
"Hey bro get those skips over there to come play."
"Skips don't play wogball bro."
The joining of woe, "A feeling of extreme depression" and balls, "Can be used to express anger, disappointment, disgust, etc" to describe situations that require something more hard-hitting.
Person 1: "Did you hear about that ginger dude? Turns out he's also got syphilis"