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The beer one drinks between beers to maintain a healthy pace. By allowing the time it takes to drink a beer (and doing so with a pace beer) between drinking actual beers, one can ensure that he/she is not drinking actual beers too quickly.
(Credit: Chris M)
"Hey Mesh, you need another beer?" "Not yet, I'm on my pace beer."
by Julius Raven November 21, 2008
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