A Cuddle Party is basically a non sexual orgy. A group of people come together in pajamas and lay on a bed or on the floor cuddling and spooning for approximately 2-4 hours.
Bloody Mary is to Virgin Mary, as Orgy is to Cuddle Party.
Tom: Dude, wanna come to the cuddle party tonite?
Jake: You might as well have male sex, dont half gay it.