One who walks around with a blanket on her head and corners people in laundry rooms in order to seduce them into letting her perform fellatio on them.

When a dude has a long nappy un-tamed overgrown beard for keeping dicks warm.

In the event that a male is demonstrating less than manly and or tough qualities and therefore being a baby, Dick Blanket is meant to take the place of pussy. Afterall, Betty White did say that a pussy "sure can take a beating"

masturbating with any kind of clothing/cloth wrapped around your dick. ergo dick blanket

Another name for a girls hoohaa, the best kind of blanket a man can ask for