How to make the Slippery When Wet – This shot was created in honor of the three #1 singles from the Bon Jovi Album . Slippery When Wet.. ” The Tequila is for the southwestern/Mexican tone of Wanted Dead or Alive the Grenadine Syrups red color is for You Give Love a Bad Name and the Everclear® is for Living on a Prayer cause when that stuff hits you there is no doubt that you are.Mix all three of these ingredients together to create the Slippery When Wet. Make sure the drink is very red from the Grenadine Syrup.”