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When you spend money that you think you won in a bet before the wager is actually over. In some cases could result in you being down more money then when you first made the bet.
" Man I am premature ejacuspending the money that I bet on the superbowl"

-"What if the Steelers dont win"

-"Then i am screwed and shouldnt have ejacuspent that money"
by javy06 February 07, 2011
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