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masterpranking 

The act of pulling a prank on one's self in order to cast off suspicion from an earlier prank. A tactic often used when one is preparing for the ultimate prank in a series that will produce great personal enjoyment at the expense of others.
After the warranted egging of his neighbors' homes and masterpranking his own house (less than the others of course) Sanchez began planning for the imminent round of flaming bags of dog poop.
masterpranking by Barry Brooks February 27, 2011
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Masterdraking 

That thing that happens to people when they hear a new Drake song on the radio or speakers that they memorized within 15 minutes of the song's release, and all of the sudden stop, dance and sing along to Drake in order to look super cool. Particularly in the Toronto area, this is extremely prevalent.
Yo bud, this is the new Drake song (sings along) and dances like the hotline bling dance

(Response) Stop masterdraking, you'll go blind.
Masterdraking by Dr. Channing August 2, 2016

Masterwanking 

When you have that sudden urge to masterbate. But when you do you get that horrible side-effect of a wank stain on the carpet. ew
someperson: DAMNIT
someotherperson:what happened?
somperson: I was masterwanking and I now need new bed sheets. *frowns*
Masterwanking by sakade March 15, 2010

Masturpranking 

Pulling a prank on your future self.
I indulge myself in masturpranking to keep myself on my toes