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big bologna fadeout 

When her ariola is the side of a slice of bologna but her nipple is regular size.
"Damn girl, you got some big bologna fadeout going on!"

February Fakeout

That annual event in New England when the weather is so mild that, not only do you think of spring, you think it is around the corner. Usually followed by a foot of snow.
Olivia: OMG, Dad, it's SOOOO warm today...I think Spring is on it's way!

Dad: No, Munchie, it's the February Fakeout. Hand me the Ice Melt.

50 yard fakeout 

When a girl looks really good from far away, but looks bad when she gets close
"Man, that girl is hot!" nevermind, that was a 50 yard fakeout
50 yard fakeout by Bengalsfan June 18, 2008

Waiter Fakeout 

When you see the waiter/waitress walking toward your table with food that could potentially be yours but, he/she turns to the table next to yours and serves them performing a waiter fakeout
She was walking straight toward my table, my mouth started to water from the smell of the food. Then right when my excitement was reaching its highest point. She walked past to the table behind me committing the ultimate waiter fakeout

Philly fakeout 

Maneuver by which a man who is performing doggystyle vaginal or anal intercourse pulls out at the brink of ejaculation and spits on the recipient's back, implying ejaculation. Subsequently, when the recipient turns to face the man, said man ejaculates on their face and/or other unexpected locales.
I did that bitch doggystyle, and then surprised her with a Philly fakeout!
Philly fakeout by Brown Sugar March 18, 2003

Philly fakeout 

An informal term for the Seattle Prep Baseball team.
All the cool kids are in the Philly fakeout.