freeroll

A situation with no downside and a possible upside. Often used in poker to describe a free tournament in which real prizes can be won or a hand where players currently have the same rank hands, but one has a chance to improve and beat the other without reciprocal risk. Can also be used to describe any other life situation that conforms to the pattern.
"You playing freerolls again?" -"Yah, man. Guaranteed +EV."

"Jake and Derek were tied since they both had Ace-King, but because Jake had spades to match the two spades already out, he was freerollin' the flush."

"I threw my business card in the jar to try to win a catered lunch. I figured, 'Freeroll, why not??'"
by thecinimod October 04, 2007
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