Green’s Dictionary of Slang

dipped adj.1

[? dippy adj. (1)]

1. (Aus.) mad.

[UK]Kipling ‘The Story of the Gadbsys’ in Soldiers Three (1907) 139: He has his leave all right, but he’s so dipped he can’t take it.
[Aus]C.J. Dennis ‘Half A Man’ in Chisholm (1951) 104: ’E looks at me like ’e thinks I’m dipped.

2. (US drugs) addicted to narcotics.

[US]J.E. Schmidt Narcotics Lingo and Lore.
[US]Hardy & Cull Drug Lang. and Lore.