Olympic toke Share definition Flag When someone with the lungs of a dolphin, or Michael Phelps, takes a massive hit from a bong. Dude I heard Jeremy on the track team took an Olympic toke at the party last night. Olympic toke by OlivaHessum April 1, 2009 0 0 Get merch Get the Olympic toke mug. Buy Now — $32.95 See more merch