wolf ticket
n.— «Ah, but my favorite phrase that the boys enlightened me on was wolf ticket or wolfin’ Huh? Yeah, I had no clue, either. It means someone’s lying. Why wolf ticket? It’s a play off the story of the boy who cried wolf. The offending teen is telling lies and he’s handing them out like tickets.» —“Kids help geezer get the hang of slang” by Eddie Jimenez Fresno Bee (California) May 21, 2007. (source: Double-Tongued Dictionary)
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no. wolf tickets means a verbal confrontation to scare them away. a way of punking someone out.
Oh, this is an old one, from AA slang I heard back in the 70s if not before. “selling wolf tickets” means exaggerating and trying to get others to buy into it. Or, “he’s just woofing” means someone can’t back up what he or she is promoting, especially a fight.