When one is being given deep throat (hence throat) and at the point of ejaculation unleashes his gear all over the recipients face (cockney rhyming slang for face is boat race). Thus resulting in a bit of throat and boat.
Lee: I copped for some dirty bird last night!!
Ian: Did you get a shag?
Lee: No, but I got a bit of throat and boat...which was rather pleasant!!!
Ian: The dirty bitch!!!
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).