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Originally a derogatory term for Romani people, who were known by the British population as gypsies because it was falsely believed that they originated from Egypt.

With the arrival of Irish Travellers in Britain, the terms "gyppo" and "gypsy" were also applied to these people.

Nowadays the term "gyppo", like "pikey", is often used as an insult to refer to anyone who is perceived to be poor, dirty, smelly and/or inclined to theft.
You're a dirty fucking gyppo!
gyppo by backpacker_x2 February 18, 2011
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Used as a term to describe when one has received less than they paid for. Most people do not realize it's a racist term that stems from nomadic 'gypsies' who are stereotyped as theiving criminals.
"Man, look at your glass. You got gypped on the Coke."
gypped by arecks July 18, 2004
Related Words
In the United Kingdom, a Gyppo is essentially a nomad. Also known as travellers, they wander from city to city across the country for a variety of reasons, some personal, some financial (no fixed address means they can easily evade local council tax). The term "Gyppo" is normally seen as a derogatory term and is used accordingly. Plural = Gyppos. Social views on Gyppos are more often than not negative, as the other reviewers on this page can demonstrate. Allegations against the traveller tribes include accusasions of vandalism, assault on local residents, litter, and a general nusiance. Also from time to time they build and entrench an organise "Traveller Camp", where local officialls and police can take some time to act to evict them from thier unlawful settlement. During this time around many traveller camps there have been complaints of noise, litter, drug deals and lewd or violent conduct towards local residents.
"That fucking gyppo is gonna get what's fucking coming to him"
Gyppo by Urban Dictionary September 5, 2006

Gyppolata 

A sausage made from stolen meat
I'll have a gyppolata please!
Gyppolata by D eynon h August 27, 2009

drop-gypped 

When you order something online and after it arrives, you realize it’s a drop-shipped item from a discount Chinese e-commerce site (Aliexpress, Shein, Temu, etc.).
Person 1: Wow, the pair of bedazzled sandals I ordered last month on Etsy finally came in and I realized they’re just cheap knock-offs that they’re selling on Temu for $0.89.

Person 2: Sounds like you got drop-gypped.
Derogatory form of Gypsy, a slang term for travelling people, usually of Romanian origin. They steal your pegs and try to sell you lucky heather.
Hello Daaave! Wanna buy some pegs, Dave?

Fuck off, you bloody gyppo. And give me my pegs back!
gyppo by Punkupine August 30, 2003
A dirty person who lives in a caravan and thinks that it's normal to steal things such as hub-caps and car stereos. These people come in two shapes: really fat with long greasy hair or really skinny with a greasy brushed-forward fringe.

When out for a night on the tiles, the preffered choice of dress for a gyppo is the classic Ben Sherman baggy shirt with pin-striped trousers, finishing the look with a pair of Kickers shoes with those leather laces. The fighting reputation of some Gyppos is so strong that doormen of some bars and clubs have been known to allow a Gyppo entance, wearing Addids Three-Striped tracksuit bottoms instead of the pin-stripes, in order to avoid the start of trouble.
Do go in that pub. It's full of Gyppos.
gyppo by Buccio March 1, 2004