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2.
Bwned is another variation on "Owned" or "Pwned". The lower half of the B is often mistaken for an o, as in "owned".
Dood! 1 Bwned h1/\/\ w1t my l337 h4x!!!1ELEVEN!

Translation:

Dude! I owned him with my elite hacks!
by Paul Tomic October 18, 2004
 
1.
Another variation of owned/pwned, but more specifically to being owned in a sexual manner, posing similarity to the word boned.
Charlemagne: Shit man, look at Bob, he's getting ass-raped by that gorilla! Owned!
Roger: No man, he's getting BWNED!
by Taibhs Nithrac July 21, 2006
 
3.
To get pwned/owned in a sexual manner, and as a result, pronounced "Boned".
Varying forms include: Bwn, Bwnt, Bwned, and Bwnd.
1337 p14y3r: H3y n00b l3t'5 pl4y mg0 n40 1v1!!!!!1
Me: Kk. I'll bwn you.
1337 p14y3r: 0'r1y!!!!11

*5 minutes later*

Me: You got bwned, b1sh.
1337 p14y3r: QQ QQ QQ QQ QQ QQ QQ QQ
by blooblaBLEEBLABLABLOOOOOP April 19, 2009
 
4.
Being Severely owned in the butt. Usually a big black man named Paul will ass rape you while screaming BWNED BWNED BWNED BWNED.

Bwned is a member of the owned series
yo, look, this man is being BWNED!!!
by Cliff Daddy February 24, 2005
 
5.
Being beaten at baseball by the Boston Red Sox.
The Yankees got Bwned in the last ALCS.
by Captain Asshat April 25, 2005