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What is Peanut Butter Wolf?
Prank played on an intoxicated friend by which you spackle their hairy crack with peanut butter.
Damien came home in drunken stupor, chowed down on some peanut butter & jelly sandwiches then passed out. Afterwards, Jeff shoved the peanut butter knife down the crack of his hairy ass, giving him a Peanut Butter Wolf.