The Bandit Orb has only appeared in Mario Party 7 where it was found only on the gameboard Windmillville. Players
Bandit Orb

Bandit Orb.

threw these on a space on the board. Opponents that landed on a space contaning the orb made Bandit appear at one of the windmills with some of their coins saved in there. Bandit would steal their coins from that windmill and give them to the owner of the space.