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1.
Australian slang. It means to run really fast. Extension of bolt. Probably comes from how fast you will run when you are busting for a piss.
"Frank pissbolted to the getaway car before the cops arrived"

"You should have seen that kid pissbolt out of there"
by Afstra September 07, 2004

Words related to pissbolt

bolt
 
2.
To exit quickly. (aussie slang)
I was fucking her mum when she walked in, so I had to piss bolt so she didn't find out it was me.
by tunners November 04, 2007