A beverage container holder that includes a first member including a floor, sidewall, and first opening, the floor connected and spaced apart from the first opening by the first member sidewall to define a receptacle to receive the beverage container therein; a second member, where a portion of the second member is inserted into the first opening of the first member to permit rotation of the second member about a center axis; a plurality of elastic bands, each elastic band of the plurality of elastic bands being connected to the first member at one end and the second member at the opposite end such that tension is established within each elastic band of the plurality of elastic bands; and the plurality of nylon bands collaborate to operatively form into a configuration which constricts an area centrally located in the receptacle of the first member.