1 definition by lowflyingmighty
A type of bet made for the exchange of oral sex the bet winner has the ability to use this red panda at any moment anytime and the loser must perform immediately. no questions asked. before agreeing to this bet all parties understand that the rules of this bet cannot be alterred.
During a heated argument about wildlife the 2 people were so sure of themselves, 100 percent sure, that they made a red panda bet. it is said after years its still owned by the winner and is waiting for the perfect moment.
by lowflyingmighty December 7, 2013