To trick in a sly and underhanded fashion; to confuse someone to the extent that they have no clue what just went on.
After losing all his money in the Video Poker Machines, Hollywood wizz wazzled the kitty on the bar for two bits.
To trick one in such a fashion that the person on the recieving end has to stop and think at a later time: "What just happened here?". To leave one in the state of dumbfoundedness through any sort of tomfoolery.
After The Kid and his crew left the local sport store, the cashier wondered how they could buy a $500 golf club for $15.86.