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Someone who has had too much to drink and is now lieing in a pile on the floor.
"God, look at him. Shit, hes wankered"
"I got completely wankered last night"
The other contributors are correct in the literal meaning of the word as "one who masturbates", however in Australia, it is used more like a slightly more vulgar synomym for words like fool or idiot
Did you know Brad got fired again for stealing from the boss - what a wanker
Someone who beats off a lot or too much.
Man Jeff Martin is such a wanker. He beats it like 3 times a day.
One who masturbates a lot and/or thinks about the act of masturbating a lot has Wankeritis.
I'm sure John has Wankeritis as he's told me that he masturbates at least eight times a day.
A man that enjoys masturbation also a common insult.
Don't be such a wanker!
One who races, yet even dares enter a race course, on twin-tip (or similar) skis.
Born from a coach of some team (location not known) who was practicing on Mount Southington in Southington Connecticut.
Ski team coach: Are those twin-tips you're about to race down the course with?
Wanker: yeah bro.
Ski team coach: Get out of my sight you dirty little wanker
to be so dedicated to a schedule of masturbation that you cancel all plans that interfer with it.
"I had to cancel my Sunday doctors appointment because it interfered on my batein' time.
Dude, You totally practice wankerism"
"Dzie practices wankerism bro."