If you're playing a card game, and someone yells "You're bleeding!" It usually means that they can see yours or someone else's cards. If somebody says this to do, hide your cards.
"Ah man I got home late last night and my mother was bleeding RIVERS on me"
- dude spills drink on another dude
person 1 "WHAT THE FUCK MAN"
person 2"Stop bleeding rivers man it was an accident"
person 1"Your right brotha, its cahz"