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1.
Panty puddles are...1) The result of the best foreplay known to man, or woman; 2) Evidence that she wants a penis inserted; 3) A sign that no lubrication will be necessary.

A nice car, 10 inch dick, and ability to play basketball increase the saturation of the panties.
"Man, I got her so wet, I could see her panty puddles through her jeans."

"I washed my jeans four times, but I still can't get rid of those damn panty puddle stains."
by Pompy April 07, 2007
 
2.
The physical reaction a woman receieves when she gets turned on.
Freddy is so fine I got a panty puddle just by looking at him.
by Martinb March 01, 2012