crap out

from The Collaborative International Dictionary of English v.0.48

crap out \crap out\ (kr[a^]p` out"), v. i. (Games)
   to throw a 2, 3, or 12 on the first throw in the game of
   craps, thereby losing that turn.
   [PJC]

from Moby Thesaurus II by Grady Ward, 1.0

20 Moby Thesaurus words for "crap out":
      black out, bomb, draw a blank, drop a bomb, drop the ball, fan,
      flop, flummox, fold, fold up, get left, lay an egg, lose out,
      not hack it, not make it, pass out, strike out, swoon,
      take the count, whiff

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