cain

To have a good chance at success and then fail in an epic way.
To lose spectacularly.

To make another fail in an epic way.

Origin: 2011, The GOP presidential candidate (for 2012) who was a 1st tier candidate before he terminated his presidential bid over numerous sexual abuse allegations.

Dude, he was gonna win but I just cained him.
He was about to pwn me but I cained him.
HAHA what an epic cain!

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