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Polyfag, someone who dates multiple people, whether together or separately or cheats on their original partner for someone else, but doesn't break up with their original partner and instead dates both people.
"Gabe pretty much is a Polyfag, he has two boyfriends and he cheats on them with a chick."

After the school found out Jason cheated on his girlfriend with 4 other chicks in a Subway restroom, he was permanently labeled a Polyfag for the rest of the year.
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Anyone who watches My Little Pony.
Jack: Have you seen the new MLP episode?
Jill: What?! No! That show is for 6 year old girls and you're a 14 year old boy. Stupid ponyfag.
Jack: Well, there goes my chances of getting laid.
Ponyfag by Douchebag82 October 15, 2011
n. A person who dedicates their life to to the television show My Little Pony: Friendship is Magic. Not to be confused with brony or horsefucker.
Ponyfag: I HAZ ALL THE SHOW STUFF AND EVERY SHIRT.
Brony: Dude, there's a fine line between 'liking' and 'obsessing'. You've crossed it.
Ponyfag by wvFailBombOmegavw June 24, 2012

Polywagger

A person who lags behind, hinders plans, avoids work, or just generally slacks, often characterized by apathy and aimlessness.
Joe was ready for the party while the other polywaggers took their time getting ready.

John came to the meeting prepared, while the polywaggers did not.
Polywagger by ledgeboy July 12, 2011
N. A derogatory term for fans of the animated series My Little Pony: Friendship is magic.
Brony: lol fluttershy
Not Brony: You'sa ponyfag
Ponyfag by The Big Hado January 6, 2012

Polybagging

(1) Wearing more than one condom during intercourse to protect against STDs that may be contracted from shady sexual partner(s). Would also apply if doubling up with other forms of protection from STDs.

(2) To go on the prowl with the specific intent of finding shady sexual partners.
"If you're gonna hook up with that skank, you better polybag that thing."

"Dude, I'm going polybagging tonight. Be my wing man?"
Polybagging by writeousd February 26, 2010

Polyfail 

Multiple fails happening in succession or at the same time, to a single person, or to a group of people.
You try to convince your parents to buy a new dog, you fail at that, then you try hypnotizing them, and you fail again, and to top it all off you forget that you have 2 dogs already. = Polyfail
Polyfail by NKGW November 19, 2010