When a girl blue balls you and makes you drink her piss out of a water bottle
Last night I gave John a blue bottle
When you tie a piece of thin string or nylon around your penis until it turns blue.
"so Gary did your mum give you the blue bottle last night when she found out you took her car?"
An example where you spend a Billion Pounds, then bottle it in finals, like @Chelsea FC
Gary Neville described Chelsea as "Blue Billion pound Bottle Jobs" as they were beaten in the Carabao Cup final by an injury-hit Liverpool, who were playing their under 13s