Short form of the word "bastard". Can be used as a compliment, insult, term of endearment, respect or disrespect.
Player 1)"Checkmate, bassy!" Player 2)"Good show old Bassy!"
"I hope I never see you again, bassy."
"I love you, you bassy"
"Let's roll Bassies."
"You are being such a bassy."
Someone who is like a fish -- unintelligent, flounderingpiece of meat that gets hooked easily and can't do anything but stare. Can also denote someone who is a pussy, bitch, fag, or any combination of the above.