1736 Canting Dictionary / B / To BUBBLE [v,person]
To cheat or decieve. A Bubble, an easy soft Fellow, one that is fit to be imposed on, deluded, or cheated.
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Entry taken from 1736 Canting Dictionary, by Nathan Bailey.
To Bubble in the 1811 Vulgar Tongue
Also see examples in Canting Songs and Slang Rhymes collected by John S. Farmer (1896).