1) Ancient Roman occupation 2) Obsolete occupation 
Latin, meaning: fool, buffoon, jester. 
In ancient Rome, a balatro was a professional jester or buffoon. Balatrones were paid for their jests, and the tables of the wealthy were generally open to them for the sake of the amusement they afforded. In Horace Balatro is used as a proper name — Servilius Balatro. An old scholiast, in commenting on this word, derives the common word from th...
(Latin) fool, jester.