My best freind... he doesnt know?

Okay.. sorry about all the questions .. one last dilemma. My best freind (a guy) who I have known since the beggining of high school doesnt know that I am gay (oh yeah Im also a guy =P) No, dont jump to conclusions -- i dont like him, hes my friend and thats all i'll ever see him as because hes a wonderful friend.. but he really seems very phobic.. I couldnt imagine what It would be like coming out to him, especially when it seems like he despises gay people or at least i think he does.. anyway.. hes my freind he deserves to know how I feel and im sick of feeling awkward when he talks about girls and who he likes and who I might like and just generally being ually suggestive about girls. I know, this problem is probably common.. but what shoud i do.. tell my phobic long-time best freind im gay.. or keep living like this and ignoring it.. while it sort of tears me up inside. I really dont know.. id really appreciete an empathetic anwer