an exclamation of surprise or dismay following the delivery of important or significant news, as one would be surprised after shitting the bed
Guy #1: "Hey dude, we're going out to the club after the game."
Guy #2: "Well, shit my bed, that's gonna be a hell of a good time."
Guy #2: "Well, shit my bed, that's gonna be a hell of a good time."
by Go Hogs! August 30, 2010