What is Boli?
1.
A stick of flavored, colored ice that comes in a variety of flavors such as grape, banana, pineapple, etc. It's packaged in a plastic sleeve. Very popular in Mexico (at least the northern parts of it).
Pedro: Hey man, what's that you're munching on?
Alejandro: It's a boli, man. A boli.
Pedro: Can I have some?
Alejandro: No.
See
2.
The plural for "bollocks" (which, in turn, is the plural for bollock).
To be boli, a thing must be absolute and total bollocks. Immeasurable in it's bollock-ness.
Dave's drinking sheet was absolute boli!
See