Beverage holder

1. A receptacle comprising:

a wrap configured to define a chamber for receiving a container, wherein the wrap is formed from a single continuous blank of one single piece of material;

a pair of slots formed in the wrap, defining a bottom and two sides;

a first connector exposed through a first one of the pair of slots and coupled to an inner surface of the wrap, wherein the first connector consists of a pair of elastic straps spaced from each other, wherein a first space is defined between the first connector and the bottom of the wrap, a second space is formed between the pair of elastic strips of the first connector, wherein the first connector is spaced from a top edge of the wrap, and wherein the pair of elastic straps of the first connector extends horizontally between the two sides with respect to the bottom of the wrap; and

a second connector exposed through a second one of the pair of slots and coupled to the inner surface of the wrap, wherein the second connector consists of a pair of elastic straps spaced from each other and horizontally aligned with the pair of elastic straps of the first connector, wherein the pair of elastic strips of the first connector, a fourth space is formed between the pair of elastic straps of the first connector, wherein the second connector is spaced from the top edge of the wrap, and wherein the pair of elastic straps of the second connector extends horizontally between the two sides with respect to the bottom of the wrap.

2. The receptacle of claim 1 , wherein the first connector and the second connector are coupled to the inner surface of the wrap directly facing the chamber.

3. The receptacle of claim 1 , wherein the receptacle is configured to receive a twelve ounce can of a beverage.

4. The receptacle of claim 1 , wherein the receptacle is configured to be positioned between a collapsed position, an expanded position, and an extended position.

5. The receptacle of claim 1 , wherein indicia is formed on the surface of the wrap.

6. A receptacle comprising:

a wrap configured to define a chamber for receiving a container, wherein the receptacle is configured to be positioned between a collapsed position, an expanded position, and an extended position;

a pair of slots formed in the wrap, defining a bottom and two sides, wherein, in the collapsed position, the bottom of the wrap folds upon itself to move the two sides in a direction toward each other so that each of the sides are substantially linear with a portion of the bottom, and wherein in the expanded position each of the pair of slots define a shape having an upper first portion and a lower second portion adjacent the bottom, the upper first portion having a substantially rectangular shape and the lower second portion is substantially bell shaped;

a first connector exposed through a first one of the pair of slots and coupled to a surface of the wrap, wherein the first connector consists of a first pair of elastic straps, wherein, in the collapsed position, the first pair of elastic straps extend arcuately outwardly from the wrap, wherein, in the expanded position, the first pair of elastic straps are substantially circumferentially aligned with the wrap, and wherein, in the extended position, the first pair of elastic straps is planar between the two sides; and

a second connector is exposed through a second one of the pair of slots and coupled to the surface of the wrap, wherein the second connector comprises a second pair of elastic straps.

7. The receptacle of claim 6 , wherein the wrap includes indicia thereon.

8. The receptacle of claim 6 , wherein the receptacle is formed from a blank.

9. The receptacle of claim 6 , wherein the receptacle is configured to receive a twelve ounce can.

10. The receptacle of claim 6 , wherein the first connector and the second connector are coupled to an inner surface of the wrap.