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The Schonfeld Principle 

When you gamble against what you want to happen so you’re happy either way (essentially hedging your happiness)
“I’m a big Yankee fan but I bet against them today. I’m using The Schonfeld Principle.”
Related Words

Schontchz 

Intercourse involving penetration of the vagina by the penis without the use of a condom.
Hey Frank would you schontchz that chick?

Tom was trying to schontchz that drunk girl.

Did you fuck Kelly schontchz?
Schontchz by AirSwo February 18, 2009
The feeling when you're in school and horny
Sarah: What are you doing right now?
Alex: I'm totally schorny let's netflix and chill later!
Schorny by DELB January 31, 2018
"SCHOUNCE"
#1 -> the cheese you left in the fridge when you went home for semester break. You return to find the processed cheap cheese with holes and mold. "The shounce will remain untouched until one drunk night at 2 am when the vodka gets the best of you and you are hungry ." you wake the next morning and declare "I cannot believe i ate the schounce last night"

#2-> also a term synonomous to cheezy but to be used in a polite fashion.
#2 "The investment banker used a pick up line that was quite "schounce" . I knew there was no way that my father stole the stars from the sky and put them in my eyes.
Schounce by Julie Rocks! January 8, 2009

Schonebone

mildly retarted male which will have sex with any type of haggard creature. German for pretty bone. Vocabulary extremely limited to "dude","yo man", and "party it up". Possibly suffers from unknown STD which has not been diagnosed in medical history.
Eric Schonebone had a great weekend partying it up with a one eyed 44yr old haggard beast.
Schonebone by Day crew July 7, 2008

hot sconnie 

An act of coitus in which hot cheese curds (or acceptable cheese substitute) are placed on the nether regions of one's lover and licked off.
Yo, that dirty bitch was so nasty, she wanted me to go down on her with Velveeta and give her a hot sconnie. I only use the finest Wisconsin cheddar for that shit.
hot sconnie by Sucky the Badger March 13, 2005