A term that is often used in the motorsports forum tbk.fameflame.dk . It is often used as by putting the term on pictures of massive accidents and / or funny situations.The term can be written in different ways such as:"LOL WOOPZ", "LOL WOAAPZ"
LOL WOUPS can also exist in a spoken form, for example after a big accident/funny situation: OMG THAT WAS LOL WOUPS!
by K.Racer April 27, 2007