1. A phrase that has become synonymous with "pro" poker player and pseudo-baller Micon on his very own poker forum, NWP.

2. To make unsound business decisions, squander your funds and the funds of others, and generally fuck up your life at every turn. (See previous definition as prime example.)
Damn....Micon done shit the bed again??!!!
by micon's ego August 8, 2008
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get up early - under the pretense that if you shit in bed you have to get up anyway and clean it.
see kin ell
Boss - "Not late today then?"
Dude - "Na, shit the bed!"
by street smeg May 6, 2005
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"damn, jake got fired,He really shit the bed"
by Jamie Yates July 13, 2005
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shit the bed is an english phrase that refers to someone who got out of bed unusually early compared to what they normally would.
Usually used against a lazy or unemployed person who is up early.
08:41 <lazydude1> *yawn* morning all :D
08:41 <me> heh, your up early. Shit the bed?

08:41 <lazydude1> lol
by rundata May 5, 2010
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to embarrass oneself privately or solely in the company of close family/friends. This term is so named because defecating on one's bed is truly embarrassing but only for those who are witness to such an event, which is usually limited to the individual who shitted the bed or a few additional people. Either way, the embarrassment can be contained to a manageable degree.
Jeff: "Dude, I totally shit the bed last night"
Mike: "What did you do?"
Jeff: "Fell down the stairs while my family was watching TV"
Mike: "That's not bad, at least you didn't shit the pool"
by Deshawn2Chainz July 26, 2013
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When someone literally takes a dookie in their bed
"Mom, I shit the bed!"
by Yo Mama April 21, 2005
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