sorry bout it

1. A faux apology which serves as an adequate defense against any multitude of allegations. Displays not only a complete disregard with respect to any responsibility for one's behavior, but also an entitlement to continue such a course of action without fear of the consequences.

Works well in conjunction with the phase "YOLO"

2. A phrase which can serve to mean nothing in particular, except the fact that one is intoxicated and currently care-free. Generally used by college age females in a most annoying manner.

sorry bout it is a very iconic saying, supposedly once said by the great noob

When you apologize for busting a nut to a friend or someone you know.

A phrase with which one can provide self-forgiveness for saying something bitchy or arrogant.
"Sorry" should be accentuated.
The phrase can be accompanied by sticking the tongue out and cocking the upper lip in an ugly, arrogant way.

Instead of truly being sorry about something, your actually mocking or making fun of the other individual!

Instead of truly being sorry about something, your either clownin' a friend or your sorry bout something exciting!

Usually said when someone has does not actually feel sorry for the person but they decide to make fun of them instead.