A variation on the common acronym "lol" that emphasizes extreme lol'ing. The word was entirely made-up on internet discussion boards, specifically a BMW board in the Off-Topic section. Though a much lesser-known e-word, its existence is known in small circles.
I am gonna post up a pwnt pic that will make you fuckin' lollerbagel.
Oh snap, your tooly myspace makes me lollerbagel.
Oh snap, your tooly myspace makes me lollerbagel.
by DJ Willis November 28, 2006
Get the lollerbagelmug.