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Balloners is derived from two words; banter, and the all boys grammar school Dr Challoners. Joined together they make the word Balloners. Balloners describes extremely bad, posh, educational, or gay banter. Balloners is regarded as on a par with girl banter (also embarrassingly bad)
"in my maths lesson i totally answered the teacher back, i'm such a legend"
"mate thats balloners"

or

"your par game is worse than balloners
Balloners by Hazza Magazza December 10, 2010
Related Words

Balloveras 

Of, pertaining to, or obsessed with the drug LSD.
Girl 1: "I fell for him so fast."

Girl 2: "Why'd you do that? You know he's a Balloveras."
Balloveras by Julia Despirito December 19, 2009

billower 

Someone who feels it necessary to create large clouds when they vape.
Joe is a billower, that should tell you enough!
billower by Frankmc October 3, 2017