Meaning of psychic bid

psy'chic bid'

Pronunciation: [key]
— Bridge. Bridge.
  1. a bid designed to mislead one's opponents that is not based on the strength of one's hand or of the suit named but rather on one's feeling that not bidding would be more costly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.