faux-portunity
It's presented kinda like an opportunity, but there's always a catch, which is usually a demand for something you're not really comfortable doing, which would usually require great effort and commitment on your part, and would really only serve to make the other person look good (and probably momentarily at that). Oh, and you can't get the opportunity part unless you agree to the catch, so it's basically a hustle. Usually a faux-portunity is followed by a hyped-up promise that can never be delivered. In other words, it's a complete waste of your time.
I thought he was offering me the real deal, but it was just a faux-portunity.