BIPPY - A jocular euphemism for ass, as in "bet your (sweet) bippy) by Rowan & Martin's Laugh-In, an NBC-TV comedy series, 1968-1973. From "Random House Historical Dictionary of American Slang, Volume 1, A-G" by J.E. Lighter, Random House, New York, 1994.

A Bippy is a slang word for your bottom or hiney. It is used in a saying; "You bet your sweet Bippy!" It is more or less a Midwestern type of term.

Butt, Ass, Booty, a Mid-Western term.

A Baltimore Term Used As A "Gun"

Buttocks, ass

Little boys penis; derogitory word for your friends and their "little bippy" who suck at wiffle ball

It's used as slang just like the word 'shorty' however it means
a male 'shorty'. Usually used by negros.