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The combination of slol, a word coined by a xbl member named sonicboomer91 it does not stand for or stem from the common stop/seriously lol , and lulz , "i did it for teh lulz, which was used frequently by one of boomers "many" amigo's.

The term slolz is meant to be pronounced as slow-'z. It does not stand for laugh out loud but it is used in that manner.
Guy 1: Damn dude my girlfriend cheated on me.
Guy 2: slolz owned.
by Mikar August 30, 2008
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