A fork of Rural Dictionary
States that you would make a particular comment, but you don't want to get hit. Usually refers to something unflattering one would say about a female. Oddly enough, you usually get hit anyway - just for saying it. Evolved from the acronym for "but I don't want to get punched."
"Um... bippis"
A Bippy is a slang word for your bottom or hiney. It is used in a saying; "You bet your sweet Bippy!" It is more or less a Midwestern type of term.
"You bet your sweet bippy I'm gonna run you over with this tonka truck if you don't get yo'self inside for dinner!"