Ride the Peg means for a guy to fuck himself on another dude's boner.
Some of my fellow cadets want me to Ride the Peg when we have sex!
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Ride the Peg means for a guy to sit on the raging hard-on of another dude's dick and move his body up, down, and all around, while jacking off until they both have cumgasms and blow their loads -- best if another guy is also fucking his mouth.
Matt likes me to Ride the Peg sometimes.
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