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TeachMeFinance.com - explain Bunco game historic definition... Bunco game -- A term applied to any swindling operation. The term was originally applied to the pretended sale of counterfeit money and the delivery to the buyer of a package containing sawdust or some other worthless article, as paper. This particular form of swindling is also known as the sawdust game. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.