loot bagging 

when you go out to the bar and don't have to pay for any drinks

I went out last night and I was totally loot bagging,

loot bagging by Dani86 December 6, 2009

Lootbegging 

An alternative to bootlegging for people who are too cheap to legitimately obtain entertainment. Rather than illegally download entertainment or buy a pirated copies from Chinatown, the typical lootbegger seeks out legitimate merchandise owned by their friends, and begs them to let him / her borrow it.

John: Hey, can I borrow Madden?

Hank: I'm not done playing it.

John: Pretty please? You've been at it for like a month!

Hank: Jeez man, have you ever actually bought something, or are you planning on lootbegging for the rest of your life?

Lootbegging by Timstuff February 25, 2009