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1.
When a pair of tits have those huge veins/vein on them.
Blue Pancakes you can put it in my video
by SICness 555666 October 11, 2011
 
2.
A blue pancake is a serious case of blue waffle of the anus. It has also been referred to as the blue-eyed monster due to the ring of blue around the dark open anus.
Yo, I thought blue waffle was bad, then I saw this chick with the blue pancake...DAYUM!!!!
by ohwoooord? November 10, 2010
 
3.
a slang, kind of word, meaning a swollen vagina
A: Dude, that girl last night had blue pancakes!
B: Whoa, ewwwww....
by gemgerm November 10, 2010