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When a older, successful man seeks out a significantly younger, promiscuous man or woman by purchasing them alcohol and getting in good with their friends. Generally, the younger party is under the influence of alcohol, sometimes at the hands of the aforementioned gentleman. Sometimes this also involves Lexus Gallivanting. See also Beefcake or Trixie.
"Courtney totally got poodleballed by some 42 year-old dude at Boom...and went Lexus Gallivanting."

"Nardos was wasted and totally got poodleballed by some 36 year-old Sunshine dude at Brits."
by What the Fuck? July 03, 2006
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