A term used to express joy, the two 0's are for leet or 1337 speak, the nerd language using numbers and symbols instead of letters usually. The term w00t comes from the shortned version of "Wow loot" from early mmorpg's or massivly multiplayer online-roleplaying games such as Ultima Online, contrary to the idea that it from counter-strike or CS
by Redbullddr August 02, 2005