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the time when a ballgame that you are watching becomes really exciting, usually in football or basketball as the clock begins to tick down during the fourth quarter; the climax of a sporting event.
Marv Albert on your tv- "lebron james with a fade-away three, and the crowd erupts! lakers and cavs now tied in the fourth!"

stoned/drunk guy on couch- "yeah man, looks like a DANK GAME ALERT!"
by angus burlgar September 28, 2009
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