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Originally Posted by Scav
It is a 'status' term, it is part of the vocab for people 14-35. It comes from the one hit rapper Lil' Troy, in his song "Wanna be a Baller"
"Wanna be a baller, shot caller, 20 inch blades on the impala, caller, getting laid tonight"
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i'm over 50 and have been hearing this since college. i think it was a sports term that transitioned to other usage. a guy who had game was a baller.
think that's still the case.