Playing the gay.
Pretending to be gay for personal gain or just to play a game.
Michael playgay'd himself into the fashion industry.
Poor Stephanie thought for certain that Melly was a gay; alas Melly was playing the gay.
A person who spends far too much time hanging around the school theater. Soon they even start to disappear for a long time. They deny even the slightest encounter with non-playgays. They are cult like and carry out bizarre rituals for good luck.
Student 1: whatever happened to that girl you was going after?
Student 2: bro, she disappeared into the theater a week ago I haven't seen her since.
Student 1: damn, she a playgay