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Random
When you're jerking off (or flicking the bean) and your "finish" is so extreme that you shit yourself.
"damn I was jerking it so hard last night I accidentally blunder pooped in my bed"
This one is simple, it is when a cat mistakes your boner for a mouse so it jumps and attacks it ferociously until it bleeds.
1. Hey Steve, my cat did a Bobcat Boner Blunder to me last night
2. I hate it when Max does a Bobcat Boner Blunder to me, it stings.. but I kinda like it