Not a jocks game:
A type of sport for the less athletic competorters. A bunch of your pals get in a circle and bounce a paper ball up and down, whoever lets it drop is drowned with insults.
Tom: "Hey, lets have a game of hanky pank
Gav: "No way you're a fag"
a general request to have no "panking" in the vicinity of one's "tong pound."
While sitting on the couch with friends someone may decide to pank your tong pound it is appropriate to respond accordingly with don't pank on my tong pound.