ponyfail

When a dude has a ponytail, but he is butt-ugly, not very sexy, and/or the ponytail is extremely unkempt.

"Ew, look at that guy. That's a ponyfail."

by nongenerica January 03, 2010

ponygrail

When a guy has a ponytail and he looks awesome with it because he's probably good-looking or hot too.

"DAMN! Look at that guy. That's a ponygrail!"

by nongenerica January 03, 2010