2 Ls make a W
When in fact 2 letter Ls (losses) can be rotated and turned into the shape of the letter W (win). Usually in the form of a hand gesture to assert ones dominance.
Rory: Ha! You lost for the second time in a row
Jo: Yeah but 2 Ls make a W
Rory: Well shit
Jo: Yeah but 2 Ls make a W
Rory: Well shit