faro-bank n.
(US Und.) a form of cheating whereby the victim is allowed to win, but never as much as he loses; also as v.
 | implied in faro-banker | |
![[US]](/static/img/flags/us.png "United States") | Big Con 296: faro-bank. 2. To take a mark’s money by allowing him to win and lose, always losing more than he wins. Also to bankroll. | |
| et al. DAUL 67/2: Faro bank. (Carnival) The process of letting swindle victims win at a crooked game often enough to keep interest high. |
In derivatives
a confidence trickster specializing in this.
| Night Side of N.Y. 39: A couple of well-known Broadway ‘faro-bankers’ follow the procession, for the body was one of their craft. |