A sarcastic expression used to express just how unimpressed you are following a particularly boring or clichéd anecdote from a friend
Student #1: Last night I got so drunk I passed out in a toilet/lost my tousers/vomited in my own shoe
Student #2: Big wow
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When something cool is happening its a "Big wow"
Patrick "George how the fuck are you so good at the game Counter Strike: Global Offensive?"
George "Because im The big wow"