This is a phrase which can be used to describe something as not worth doing, or useless.
For when you don't want to do something, as opposed to phrases such as "I'd rather Die" and "cba" "cbb"
Me: Want to go out later?
You: Nah, I'd Rather Wank in a Batman Suit
Me: That football player is crap!
You: He might as well Wank in a batman suit
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