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faux-portunity 

It's presented kinda like an opportunity, but there's always a catch, which is usually a demand for something you're not really comfortable doing, which would usually require great effort and commitment on your part, and would really only serve to make the other person look good (and probably momentarily at that). Oh, and you can't get the opportunity part unless you agree to the catch, so it's basically a hustle. Usually a faux-portunity is followed by a hyped-up promise that can never be delivered. In other words, it's a complete waste of your time.
I thought he was offering me the real deal, but it was just a faux-portunity.

possertunity 

"Is there a possertunity to stay up until midnight?"

Pertunity 

- dude, how was the test?
--oh mann, it was soo hard.

- that's what she said.
--well that was a pertunity

or

--man you missed the best pertunity the other day. we were taking a french test and the teacher said "lets do the oral part first" thats what she saiid.
Pertunity by thatswhatshesaid.duh. November 2, 2009

Pooprtunity

Before this road trip, give yourself a pooprtunity
Pooprtunity by BLPOF December 3, 2010

popertunity 

A word often used by a very enthusiastic teacher of a class who considers pop quizzes as opportunities, without feeling any mercy towards the poor children who will suffer under it.
Physics teacher: *claps hands* "TIME FOR A POPERTUNITY"
Student: "Screw you Mr. Elbaz"
Physics teacher: "what was that?"
Student: "Nothing.."
popertunity by crazydudez October 20, 2009

Poopertunity

The opportunity to take a dump, likely mentioned when it is supposed to be rare during an extended timeframe.
"Dude, you must take this poopertunity, we're going to be on the road for 8 hours straight without stopping!"