Abstract: A beverage cooler apparatus is set forth wherein a first cup-shaped support has receivably mounted therewithin a second cup-shaped support formed of insulative foam-like material. The first and second supports include aligned recesses directed downwardly from their respective upper top surfaces formed within their respective walls. Modifications may include a diametrically aligned pair of second recesses formed within the outer and inner cup-shaped supports to a depth less than that of the first recesses to provide a finger access recess to cooperate with the forward drinking recesses. A further modification may include a cylindrical sponge-like insert replaceably mounted within a second cup-shaped support or a selective use of a refrigerant cylinder positionable within the first cup-shaped support with an overlying cylindrical sponge-like insert of a height substantially equal to that of the height of the external cup-shaped support to a position at the lowermost portion of the first drinking recess.