1) Limited or no females to copulate with.
2) The absence of good looking girls at a party or bar.
1) -"Justyn, how has your sex life been?"
- "Not too good man, it's really slim dickins out there"
2) -"This party has no good looking girls! It's slim dickins tonight."
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a dude with no self-esteem and a skinny penis
"He hates himself so much, call him slim dickin's"