The blue santa is the person you end up shamelessly flirting/making an ass of yourself with, typically because they're the only one in a blue santa suit at Santarchy/Santacon/Cheap Suit Santas/etc.
After five shots of tequila, I ended up saying embarassing things to this blue santa at the bar last night.
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A Santa that forgets his gloves at the strip club, so he has to borrow an elf’s blue gloves.
We heard Santa exclaim as he flew out sight, “I left my gloves at the damn strip club last Friday night,” but Daniel the elf came tip toeing by and brought Santa a pair of his blue ones to try (blue gloved santa).
When one strangles their penis and testicles at the base, causing their member to turn blue - then taking your sack and throwing it up over the top of your shaft. This is referred to as a Blue Santa.
"Brian got drunk at the work Christmas party again, after one too many fireball shots he showed pulled his pants down and showed the entire office his Blue Santa!"
a hat only faggots and lesbians wear.
“OMG! did you see Eva wearing the blue santa hat? she looks so dumb!!”
“I know!!!!”