A party in which you are invited and told "everyone" is coming. Yet, when you arrive you and the host are the only ones there.
The Billy: Don't worry! Everyone's coming!
Victim: No. They're not. This is such a Billy Party, dude.
Victim: No. They're not. This is such a Billy Party, dude.
by the ginjnaninja October 5, 2010
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When one or more dudes get super drunk and drop their pants and tuck their penis to look like a vagina (see also "The Sister"), and dance in front of their friends saying "would you fuck me? I'd fuck me!" (Works best when the song "goodbye horses" by Q Lazzarus is playing)
The other night Grover got really drunk and proceeded to have a one-man Buffalo Bill Dance Party in front of everyone.... I sent the video to his mom!
by BeautifulLoser March 4, 2017
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