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A trash player in Apoc 2 that always complains about loot being taken or stolen and rage quits when they die
Lootbag bags are newgens
Lootbag by Sheriff_Gream March 21, 2022
Related Words
you got any lootage?
lootage by elcochinoe November 1, 2003

Lootbegging 

An alternative to bootlegging for people who are too cheap to legitimately obtain entertainment. Rather than illegally download entertainment or buy a pirated copies from Chinatown, the typical lootbegger seeks out legitimate merchandise owned by their friends, and begs them to let him / her borrow it.
John: Hey, can I borrow Madden?

Hank: I'm not done playing it.

John: Pretty please? You've been at it for like a month!

Hank: Jeez man, have you ever actually bought something, or are you planning on lootbegging for the rest of your life?
Lootbegging by Timstuff February 25, 2009

loot bag 

To t-bag someone as you leave a party (a parting gift of sorts). -See T-bag
"Dude, that girl is drunk as fuck, lets give her a big sweaty loot bag then dipset out of here."
loot bag by Yannis July 24, 2008
That there hanna is a loonbag!
loonbag by Alanananananananana January 20, 2011

Lootbait 

When you get a lootcrate and nothing comes out of it except sadness and disappointment.
In the game Overwatch Jackson got "Lootbaited" and only got greys and duplicates.
Lootbait by Krimento August 23, 2017