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1.
to deceive, swindle, trick or maneuver someone into doing something with no plan or intent for any equal or unequal reciprocation.
You better not lebod me if I pay for your cover charge tonight.

That guy leboded me out of 6 beers last night.

That guy leboded me when the dinner check came to the table.
by EveryMan February 14, 2012
 
2.
The act of getting beat by someone in poker when they have a shitty hand and you have a good hand
fuck jeff just lebo'd me with 6 2 of clubs
by jay leebs December 25, 2009