A bottle holder with an indented base, which has a body sized and shaped to receive a bottle. At least a portion of the body is radially expandable. A grip is attached to the exterior of the body and a securing base is located within the interior of the body. The securing base is sized and shaped to receive the indented base of a bottle and, when in use, to prevent radial movement of the bottle. When a bottle is inserted into the body, it is received by the indented base and is securely held in the bottle holder by the grip.