This is when you go to a party and are holding cocaine with the intention of only using it to attract coke sluts so they give you blow jobs.
John: hey joe I heard you got the white, let's do some lines!
Joe: sorry BQ this is Blow job bait tonight.
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A job that is posted by a company and/or recruiter with the intention of never filling the position. Some reasons for this include gathering resumes to "see what's out there" or to make it appear to the public that they are growing more than they actually are. More nefarious motives include harvesting people's personal data or using the job as part of a bait and switch, where people apply for one job but are instead directed towards another, usually less desirable, one during the interview process.
Fooled by another bait job. I applied for "Lead Software Developer" but was told at the interview I'd be a better fit for "Janitor."