When two men proceed to have anal sex with sliced ham around their genitals until orgasm when they then proceed to produce semen onto the ham slices and eat them
"last night daquerius and I got so horny we started doing some New Hampshire Hamboni in bed."
Smack your hands against your body repeatedly, mainly the torso to chest area, and continue to smack hands on body and say "hambooooniiinngggg" in Rigby's voice from Regular Show.
Rigby: HAMBONINGGGG
Mordecai: No...
Rigby: HAMBONING WILL SAVE YOUR LIFE ONE DAY!!!! It'll be like "what! you tried to mug me?"
*proceeds to hambone for 20 seconds*
Mordecai: NO! We're not doing that, okay!? Okay!?
Rigby: Fine...