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1.
Downing a bottle of beverage, using a bendy straw to allow the liquid to be replaced by air, therefore, not creating a vacuum, meaning the beverage will go down faster.
Strawpedo this bottle of wine!!!
by Andy November 19, 2004
 
2.
The act of downing a bottle of drink through the use of a straw. Often followed by physical convultions and sickness.
He strawpedo'd a bottle of blue WKD because he is hard.
by Stuart Baggs October 07, 2006