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1) You laugh, you lose.

2) It is a game where you look at funny images, videos, etc and try not to laugh. If you laugh, you lose the game. Also, note that there is NO WINNING in this game. You can only lose.
John: Hey, I know this forum with funny stuff. Wanna check it out?

Ben: Sure. *seconds later* LOL that shit be funny.

John: You laugh you lose!

Ben: Damn laughing game. It's fucking cancer.
by laughinggame February 15, 2009
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Apr 28 Word of the Day
Literally everyone, ever. Including the writer of this definition.
by masokitsune January 17, 2019
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