keg stand
The act of doing a handstand on a keg while guzzling down a mass amount of said keg's contents through its hose-like dispenser. There is a common myth that by being positioned upside-down during the consumption of beer, the alcohol will reach the brain more quickly (this is anatomically possible given that the beer must reach the stomach first). The person performing such an act is typically physically supported by many intoxicated friends.
I just did a keg stand and now I'm horribly drunk.

I tried to hold my hands in place during the keg stand, but I got some beer up my nose, so my hands slipped and I very nearly injured myself.