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Wasted Wank 

The realisation that your child is a fuckwit and you would rather of just had a wank that night.
Oh for fuck sake Jason get your head out of the railings. You really are a wasted wank.
Wasted Wank by PhilMiddy June 7, 2016

Wasted Wankertunnity 

Where one does not engage in masterbation because they believe they will not have enough time to get a quality jerk in. However the expected time is wildly underestimated and they could have wanked in the aforementioned time frame.
DUDE 1: "Man I could have masterbated last night, but I thought my parents would get home. But then they took 2 hours longer than I thought!"

DUDE 2: "What a wasted wankertunnity brah!"
Wasted Wankertunnity by VruhBaccum January 24, 2016

wank waste 

The sperm from masturbation that would be discarded in a tissue and thrown away.

To call someone a 'wank waste' would be to insinuate that they are unworthy sperm or a worthless human undeserving of the life they have.
you fucking wank waste!

I knew you'd fuck it up wank waste!

wank waste!
wank waste by Smokaloca March 19, 2011

Wank Waste 

Sperm that was ejaculated due to masturbation and left to waste.
Ugh, i found wank waste all over my bathroom after Melvin spent the night...
Wank Waste by ColtCommando223 July 12, 2011

wastewank 

used when the time spent doing what youre actually doing could be better spent wanking
That 7 hour hike Mac the Knife made us do was wastewank
wastewank by Davey S February 21, 2007