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A Ho Pi is a bad joke about the sorority AOPi. It means they all cheat and get drunk every night.
My roommate called me a Ho Pi because I got wasted with three guys last night.
The guy in the club said I was a Ho Pi for showing up to the party with two different boyfriends.
My friend texted me: 'You're a Ho Pi, you're only here for the pizza and the boys.'