1) To have a very jovial experience, such as with the intake of weed or alcohol.
2) Used by Mr Burns in the Simpsons to describe an event he had when he was younger.
3) An event pre-dating the present and that involved homosexual behaviour.
1) By jove, this Vodka is insubstantial compared to the hydro we were just smoking. But, of course, it does enhance the experience. Ah, what a gay old time we're having.
2) Oh, well, when I was six, my father took me on a picnic. That was a gay old time! Oh-ho, I ate my share of wieners that day.
3) Hey, Oscar Wilde, I hear ya've been having a gay old time down at the Gentleman's Writer club.
1. Select a player (real or fantasy) during a sports draft to spite or anger one or more of your opponents because they had intended to select him/her.
2. Select a player (real or fantasy) during a sport draft to put one or more of your opponents at a strategic disadvantage.
1. Billy hate drafted Chad OchoCinco because he knew Sam had wanted him since he is from Cincinnati. Billy already had plenty of players to fill that position but wanted to make sure Sam didn't get him.
2. Billy hate drafted Peyton Manning because he was the only good quarterback left and he knew Sam had been planning on drafting him.