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2.
BEER WOLF! is a term used to say that something is bad. It is used in the same context as "Fail" or "FML" or "Asshole" etc. When a person says BEERWOLF! they must point at the thing that they are "BEERWOLF!"-ing. When typing "BEERWOLF!" it must be spelt in all CAPS and an exclamation point must be used, this is to show that you are pointing.
Ms. Paoletti gave us 8 pages of Algebra on SPRING BREAK?!...BEERWOLF!
by Page169 April 21, 2011
 
1.
One who wakes up in unfamilar surroundings with torn clothes, aching limbs, the taste of blood in the mouth and nightmarish flash-backs to terrible events of the previous evening.
Fuck me - Either I think I was attacked by the beer wolf or done that bird on the wrag last night.
by Pecker puffing gaymund August 01, 2008