The nickname for for a bottle of pills in the video game "Left 4 Dead" Made popular as an internet meme. Comes from the peculiar way in which Louis will announce to get group he has found some.
2 or more pedellos are hired from a beach.. all of them pedal out "in search of a continent (africa)".. last one to turn back wins.. just like the normal game of chicken.. just you end up in shipping lanes or shit
Those 2 guys in Ayia Napa last year that got rescued from major shipping lane that played Pedello Chicken