To masturbate. The term is used particularly to refer to male masturbation(jacking off), since the action of pulling on and fondling one's own penis or testicles often looks like actually rolling a pair of dice.
a dance move where you move one of your hands in a motion that looks like you are "rolling the dice." it is easy to do while driving as long as you keep one hand on the steering wheel.
Sarah decided to roll the dice to the new 50 song and was doing well, until she weaved almost hitting the construction cone. Anna told her she had to practice safer dance moves in the car for the rest of the trip.