'A person which inserts as many pennies and other forms of currency into the anus for pleasure and takes pride for it.'
It is typical among the male fans of Justin Bieber and One Direction and is classed as a sport in the following countries: United States of America, China, United Kingdom, North Korea, Sweden and Germany.
While watching Justin Bieber's music video for 'Baby', young Alfie was penny potting and squeezed a new record of 19 coins into his ass.
by Itsjames68 April 13, 2014
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Being so skint that you resort to emptying your penny pot and cashing in your coppers in order to make it until the end of the month.
Sorry mate, I can't make it to the pub tonight I'm Penny Pot Poor.
by SnugglebumTheDestroyer October 17, 2010
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