Basically applied to any retard who does some Jackass or Dirty Sanchez stuff, and usually, the mature person like a parent or police officer or care worker etc will say it.

"Officer, i was only doing a grind on that rusty fence with a rickety skateboard near that used needle heap because it was funny.
"Yeah, Well its all fun and games til someone loses a bollock."
by btardia February 4, 2008
Get the its all fun and games til someone loses a bollock mug.