adj.
A lamer way to say cool.
n.
An event that is mild on the excitement scale.
*Never use it in a sarcastic way because it won't sound good. Awesome>Cool>Sick>Coolioes
A:I got a new book to read.
B: Coolioes.
Coolioes was used here because the event isn't very exciting.
A:I got a new game!
B:Cool!
Cool was used here because the event was exciting enough.
Using "coolioes" in a sarcastic way
A:I got a new yak!
B:Coooolioes.
This is why we don't use coolioes in a sarcastic way, because when you say it sarcastically it sounds like a fat bird.
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