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Devil's Waterslide 

The act of butt chugging from another person's rectum.

Person "A" first performs a classic butt chug. Next, while maintaining hold of the alcohol of choice inside their rectum and hose still attached, the other end of the hose is inserted into the rectum of person "B". Then person "A" expels the alcohol through the hose and into the rectum of person "B" thus completing the Devil's Waterslide.
Daniel and Tommy say their gonna do a Devil's Waterslide at the party tonight.

The Brown Waterslide 

The act of peeing in ones butt as they are pooping.
She let me try anal last night and we went down the brown waterslide

Waterglide 

and item that will be coveted by a large number of adult men dressed in leather vests and chaps. Soon to be the preferred way to express your freedom at 5 mph under the speed limit.
Hey Carl! did you hear Mike got a Waterglide? I'm so fucking Horney... want to make out??
Waterglide by SBN Boner July 28, 2011