When a sports team loses on purpose. Usually done at the end of the season to secure a better draft pick for next year.
Guy1: Man, this team sucks.
Guy2: Yeah, but their tanking anyway to get the 1st overall draft pick next year.
ayon kay Daze80 ika-02 ng Pebrero, 2007
The action of holding two beers in one hand.
Every time I see Webb he's tanking
ayon kay Willt987 ika-27 ng Marso, 2015

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