Has to do with bowling. When bowling and you miss every pin on the first try and on your second bowl of the frame you hit every pin and get a spare, thus getting a gypsy spare. Named after gypsy waterford the most famous gypsy of them all.
Ahhh must be nice gypsy, you got a gypsy spare i remember when I did that.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.