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An annual English domestic league cup competition. It carries little to no value to big teams in Premier League. Its otherwise called a Mickey Mouse cup.
“As a Liverpool fan, I just don’t Carabao this cup”
Carabao by LouisVanDijk’sArmy October 1, 2020

carabao cup 

The English league cup for the 2017/18 season
"Hey man did you see the Carabao Cup draw last night?
carabao cup by anonymous9235 December 20, 2017

Carabao Cup 

The sponsor for the League Cup, started from 2017 to current day. The current holders are Manchester City who have won it every time under the “Carabao Cup” banner
Person A: We drew Man City in the Carabao Cup Quarter Finals

Person B: Oh well we’re out
Carabao Cup by anonymous9235 October 17, 2020

Carabooda 

Carabooda, a place filled with illegal vietnamese market workers, lawn growers, hoons and avocado orchards.
“Carabooda, how do you spell that?”
“Carabooda, where’s that?”
Carabooda by GuacamoleMan123 April 7, 2019

caraboulou 

An alcoholic drink made my mixing 1 shot of bacardi 151 with two shots of malibu rum and as much pineapple juice as you like. Caraboulous were made popular by the rapper Tech N9NE, if you havent heard of him, look up his definition and you can see as of 6/15/06 there have been 19 definitions and not one person has talked shit about him. That's hella hard to achieve when you are in the music business. Fuck Haters...
lyrics:

Caraboulou is 151 and Malibu Rum and pineapple so
What's this weakness you tryin' to sell me?

151 Malibu rum and pineapple juice
4 those who don't know that's caribou lou origin in Missou

I'm mixing 151 with Malibu Rum and pineapple juice
Among all my angels and wicked ones
caraboulou by Branden June 18, 2006

Carabou Lou 

Half a bottle of 151 Rum.
One cup of Malibu Rum.
Fill the rest of the jug with pineapple juice.
A drink originated by Tech N9NE.
Man I made a Carabou Lou last night, and damn it was good. Now I cant seem to remember what happened the rest of the night.
Carabou Lou by 70M_54WY3R March 2, 2008