A reference to one's penis. Originates from the sport of hockey. The area between a hockey goalie's legs is known as the five-hole. Thus, one's penis dangles in the "five-hole region".
Where was their offensive line last night? They were
getting man-handled like Jimmy man-handles his twin brother's five-hole dangler.

And now that Denis is gone and the goal is all LeClaire, he's lookin' like a brick wall with a five-hole dangler....

Good news is, your daughter will love you unconditionally, and accept you for the country-club shoe, Fonzi-shirt wearin', micro-shwee, Fruity Pebble five-hole dangler, support-havin' fague you are.
by Wandymon September 19, 2007
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