When engaged in sexual activity, the male pulls out a tennis racquet and smacks the female's vagina with it, causing the vagina to resemble a waffle. A waffle taco is only complete after the male yells "Waffle Taco!!"
Dude, I was totally nailing this girl last night and she was begging me to give her a waffle taco! It's the first time I've used my tennis racquet since I was on the high school team.
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